Financial Processes Analyst-Senior

We're excited about the potential people bring to our organization. You can grow your career here while enjoying first-class perks, benefits and a culture that fosters growth, innovation and collaboration.

The Financial Processes Analyst-Senior will provide a full scope of actuarial and statistical analyses for the PBM business. Such projects will support both internal and external customers. This position will support the sales process by analyzing prescription benefit data and providing recommendations to achieve PBD goals. The Financial Processes Analyst-Senior will develop a deep understanding of PBD business and goals to best match our products and services with our customer's needs. They will use logic and analytic skills to perform client analyses in response to specific business questions and be able to communicate the findings, including methodology and estimated outcomes. The position will require working in collaboration with other team members and business units throughout the organization. This role will also develop and maintain financial analytics related to overall administrative costs by Line of Business.

• Bachelor's degree required in Mathematics, Statistics, Actuarial Sciences, or related field. Master's degree preferred. An additional four (4) years of experience will be considered in lieu of degree.
• Five (5) years of data or statistical analysis, actuarial, or related experience required. PBM experience preferred.
• Strong understanding of actuarial concepts, functions, and processes.
• Detailed understanding of health care concepts and products, and general understanding of the health care environment.
• Advanced knowledge of Excel, Access, and other analytic or query tools; programming and coding experience preferred.
• Ability to handle multiple data sources, filter and assess data quality, recognize data patterns and solve problems.
• Project management skills. Able to support complex projects.
• Proven examples of displaying the PBD values: Passionate, Caring, Respectful, Trustworthy, Collaborative and Accountable.

• Assist with pricing and support trend analysis.
• Provide financial support for prospect contract negotiations and respond to RFP financial requests.
• Work with Sales and Account Management in creating pricing and product positioning strategies.
• Manipulate and analyze large data sets.
• Support budget development process including forecasting and actual to budget comparison. Utilize forecasting techniques to estimate the impact of pricing changes.
• Perform experience studies and drill downs to figure out why certain trends are occurring.
• Provide analysis and reporting for financial and regulatory requirements including but not limited to ROI, product performance, provider and vendor relationships, and audit support.
• Perform actuarial analysis and modeling including but not limited to pricing and forecasting.
• Develop ad hoc reports through query building and data extraction.
• Propose and assist in the development of process improvements and automation within the department.
• Understand multiple sources of data; identify and utilize the most relevant source to complete task. Ensure overall data integrity. Draw together facts and input from a variety of sources; make recommendations to management.
• Work on cross functional teams and with external constituents. Effectively communicate complex analytic findings to internal and external stakeholders.

Immigration or work visa sponsorship will not be provided for this position

Hiring Compensation Range: $85,000 - $110,000 annually

Compensation may vary based on factors including but not limited to skills, education, location and experience.

In addition to base compensation, associates may be eligible for a scorecard incentive, full range of benefits and generous paid time off. The base salary range is subject to change and may be modified in the future.

As an Equal Opportunity / Affirmative Action Employer, Independent Health and its affiliates will not discriminate in its employment practices due to an applicant's race, color, creed, religion, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender identity or expression, transgender status, age, national origin, marital status, citizenship and immigration status, physical and mental disability, criminal record, genetic information, predisposition or carrier status, status with respect to receiving public assistance, domestic violence victim status, a disabled, special, recently separated, active duty wartime, campaign badge, Armed Forces service medal veteran, or any other characteristics protected under applicable law. Click here for additional EEO/AAP or Reasonable Accommodation information.

Current Associates must apply internally via the Job Hub app.