Finance Analyst

MetroPlusHealth

$70K — $95K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree with at least 2 years of relevant experience in business, health care, consulting, insurance, or government.
  • Proficient in SQL query language.
  • Experience with complex formulas and data tabulation in Excel.
  • Strong understanding of MMCOR reporting requirements.
  • Familiarity with VBPTR and MLR reporting is highly desired.

Responsibilities

  • Develop data tables and analyze project requests for the Finance Department.
  • Recommend practices and standards for electronic data uniformity.
  • Prepare comprehensive financial analyses on revenues, expenses, and utilization.
  • Support the Department Analytical Staff in various capacities.
  • Prepare regulatory financial reporting schedules (MMCOR, MLR, VBPTR) and presentations.
  • Conduct profit and loss statements and revenue analyses.
  • Perform monthly, quarterly, and yearly medical expense reconciliations.

Benefits

  • Hybrid work model offering flexibility between home and office.
  • Opportunity for special project involvement to enhance skills.
  • Collaborative work environment within the Finance Department.
  • Exposure to comprehensive financial reporting and analysis processes.
Full Job Description
Responsible for providing financial analysis and maintaining key databases in a SQL Server environment utilizing SQL Query. Perform health care financial data analysis and reporting in accordance with regulatory requirements. This individual will be responsible for research, collection and analysis of the Plan's utilization and other health care data to coordinate data analysis which will enhance financial data.

Scope of Role & Responsibilities
  • Develops data tables and participates in analyses of project requests in support of the Finance Department.
  • Recommends programs, practices, and standards to facilitate uniform application of electronic data.
  • Prepare financial analyses on various aspects of the financial operations of the Plan including revenues, expenses, utilization, and membership.
  • Supports the Department Analytical Staff
  • Prepare schedules and worksheets for the Plan's regulatory financial reporting requirements (MMCOR, MLR, VBPTR).
  • Prepare profit and Loss Statements
  • Prepare revenue analysis
  • Monthly, quarterly, yearly medical expense reconciliation
  • Prepare quarterly review presentations
  • Prepare projection analyses on claims and utilization, including underlying trends and risk analysis
  • Creating detailed analysis outlining findings, opportunities, and solutions for the end user
  • Gathering, interpreting, and using complex data to develop actionable items
  • Research, analyze and report different trends
  • Dashboard creation and maintenance
  • Complex data mining
  • Special projects and other related duties as assigned

Required Education, Training & Professional Experience
  • Bachelor's Degree with a minimum of 2 years of experience Industry related (business, health care, consulting, insurance, government) or relevant coursework
  • SQL query experience preferred
  • Complex formula and data tabulation Excel experience preferred
  • MMCOR experience strongly preferred
  • VBA experience strongly preferred
  • MLR experience strongly preferred

Professional Compentencies
  • Integrity and Trust
  • Customer Focus
  • Functional/Technical skills
  • Written/Oral Communication

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