Financial Analyst, Consultant - Long Beach, United States - Blue Shield of California

Blue Shield of California Long Beach, United States

3 weeks ago

Full time

Description

Your Role

The Blue Shield of California Finance team is responsible for providing Line of Business consolidation, reporting, and analysis support for the Growth Finance team.The Financial Analyst, Consultant will report to the Markets Planning and Analysis Finance Manager.In this role, you will work closely and collaborate with other stakeholders (actuarial,accounting, enterprise finance, growth solutions) to work through monthly close deliverables and planning activities.

Your Work

In this role, you will:

Summarize detailed revenue/expense dataandcompare summarized claim data against fee schedules and contracts

Produce contract performance reports, modeling of reimbursement rates, evaluation of financial contract modifications and compiling and monitoring key managed care statistics

Collect and evaluate data, develop and maintain financial models, analyze results and conduct scenario analyses to forecast balance sheet, cash flow and regulatory capital

Follow and conduct audit processes and review internal controls to ensure financial transactions are accurate, timely and comply with accounting standards, principles and company policy

Provide policy guidance and interpretation to ensure financial records are consistent and comply with company policies and GAAP

Provide highly complex analytical support through the analysis and interpretation of data in support of cross-functional business operations

Identify business process improvement opportunities and internal controls

Develop, prepare, and analyze reports for management review, and presents to various levels of management

Define business requirements and provide analysis to increase operational efficiency

Establish work plans and timelines, coordinates with internal and external resourcesYour Knowledge and Experience

Requires a bachelor's degree or equivalent experience

Requires at least 7 years of prior relevant experience

Requires advanced Office skills (Excel, Word, PowerPoint)

Requires strong communication skills with the ability to explain complex analytical data simply and connect them to business results for different audiences

Requires ability to adapt quickly to change and shifting directions

Healthcare insurance experience highly desired

Basic SQL/Tableau highly desired

PMP highly desiredPay Range: The pay range for this role is $109,120.00 to $163,680.00 for California.

Note: Please note that this range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade. Blue Shield salaries are based on a variety of factors, including the candidate's experience, location (California, Bay area, or outside California), and current employee salaries for similar roles.

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