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    Financial Analyst MBA Intern - Great Neck, United States - UnitedHealth Group

    UnitedHealth Group
    UnitedHealth Group Great Neck, United States

    3 weeks ago

    UnitedHealth Group background
    Description
    Internships at UnitedHealth Group. As an intern at UnitedHealth Group, you will be fully immersed in our company and culture while getting the opportunity to develop the foundational skills needed to launch your career. During our full-time, 10-week summer internship program, you will be working alongside highly skilled professionals in your field, have a mentor to guide your professional development, network with leaders across the organization, and contribute to projects relevant to your degree. Here, your contributions matter as they will help transform health care for years to come. Make an impact with a diverse team that shares your passion for helping others. Join us to start Caring. Connecting. Growing together.

    Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.

    As a Financial Analyst MBA Intern, you'll work with an elite team of accounting and finance professionals who are writing the history of our organization and guiding our success as a global industry leader. This role will communicate and work directly with senior leadership on a daily basis. That's a lot of responsibility, but you will have the support and resources of a Fortune 5 industry leader behind you every step of the way.

    Primary Responsibilities:

    As a Financial Analyst MBA Intern, you will get the opportunity to gain experience in the following areas:
    • Provider Compensation and Incentive Calculations:
      • Perform monthly and quarterly calculations of provider productivity and quality initiatives that adjust their compensation
      • Develop reporting results and present to Sr. Management and operations leadership
      • Presenting and educating physicians on compensation plans and incentives
      • Continuous financial analysis and modeling of employed provider compensation plans for primary care and specialties
    • Clinical P&L Management:
      • Manage the reporting and analysis of Revenue and SG&A
      • Research and understand business operations to identify margin improvement initiatives
      • Lead, track, and follow up with Sr. leaders on efficiency initiatives
      • Oversee the improvement of clinical financials on a detailed and segmented basis
      • Partner with operational Sr. leaders to assist in setting statistical metrics to enhance awareness of contractual and operational performance
    • Forecasting and Budgeting:
      • Partners with Sr. and departmental leaders to oversee the budget creation and quarterly forecasting
      • Develops cost/benefit analyses and staffing needs for key strategies or initiatives
      • Participates and develops company-wide business plan and strategies
    • Acquisition Analysis and Presentation:
      • Perform detailed financial and qualitative analysis on potential acquisitions of provider groups and network deals
      • Partner with M&A team to validate financial modeling assumptions, facilitate due diligence, and assist with the financial and accounting integration
    You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

    Required Qualifications:
    • Currently enrolled in a masters of business administration (MBA) degree program
    • Must be actively enrolled in an accredited college/university for the duration of the internship (at least through the end of August 2024).
    • Must be eligible to work in the U.S. without company sponsorship, now or in the future, for employment-based work authorization (F-1 students with practical training and candidates requiring H-1Bs, TNs, etc. will not be considered) H1-B and green card sponsorship is not available for this position
    Preferred Qualifications:
    • Hyperion Essbase, Planful, PeopleSoft and general database experience
    • Leadership experience with the ability to develop others and create a positive team-based work environment
    • Experience working in healthcare
    • Experience working directly with providers/physicians
    • Proven executive presence with excellent communication and influencing skills with internal and external stakeholders (ability to translate highly complex concepts in ways that can be understood by a variety of audiences)
    At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.

    Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

    UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.
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