Financial Analyst, Principal
4 weeks ago
Your Role
The Finance Cost of Healthcare team analyzes healthcare cost and utilization patterns and identifies opportunities to reduce cost. The Principal Financial Analyst - Healthcare Data will report to the Senior Manager Finance Analytics. In this role you will collect, prepare, analyze, and present healthcare utilization data, identify utilization patterns and trends, and collaborate with cross-functional teams on cost-saving initiatives.
Your Work
In this role, you will:
Monitor and measure cash flow and regulatory capital
Collect and evaluate data, develop and maintain financial models, analyze results and conduct scenario analyses to forecast balance sheet, cash flow and regulatory capital
Reconcile data results from different sources and combine them into integrated reports spanning cost, quality, utilization, and risk profile metrics
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
Participate on internal workgroups and committees to provide analytical insight and support for the implementation and enhancement of new programs, products, and services
Prepare and present reports and dashboards on healthcare utilizations and costs to internal stakeholders, such as senior management, underwriting, and actuarial teams
Analyze utilization patterns and monitor healthcare trends to identify potential changes in cost drivers
Work closely with IT teams to ensure the accuracy and integrity of data
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