Financial Analyst, Consultant

4 weeks ago

Long Beach, California, United States Blue Shield of California Full time

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 contractsProduce contract performance reports, modeling of reimbursement rates, evaluation of financial contract modifications and compiling and monitoring key managed care statisticsCollect and evaluate data, develop and maintain financial models, analyze results and conduct scenario analyses to forecast balance sheet, cash flow and regulatory capitalFollow and conduct audit processes and review internal controls to ensure financial transactions are accurate, timely and comply with accounting standards, principles and company policyProvide policy guidance and interpretation to ensure financial records are consistent and comply with company policies and GAAPProvide highly complex analytical support through the analysis and interpretation of data in support of cross-functional business operationsIdentify business process improvement opportunities and internal controlsDevelop, prepare, and analyze reports for management review, and presents to various levels of managementDefine business requirements and provide analysis to increase operational efficiencyEstablish work plans and timelines, coordinates with internal and external resourcesYour Knowledge and ExperienceRequires a bachelor's degree or equivalent experienceRequires at least 7 years of prior relevant experienceRequires 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 audiencesRequires ability to adapt quickly to change and shifting directionsHealthcare insurance experience highly desiredBasic SQL/Tableau highly desiredPMP 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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