Financial Analytics Specialist

2 weeks ago


Bloomington, United States Cigna Health and Life Insurance Company Full time
POSITION SUMMARY:

The Financial Analytics Specialist plays a crucial role in collaborating with internal teams and external partners to identify and optimize value.

This role involves close interaction with various departments to ensure compliance with all pricing-related contractual obligations.

As a key contributor, you will oversee extensive data sets and analytical tools that assess client performance guarantees, generate tracking reports, and communicate potential risks or opportunities.


KEY RESPONSIBILITIES:
  • Execute pricing-related tasks for rental network clients, including the creation of tailored network pricing and rate adjustments.
  • Develop and maintain comprehensive pricing data for client accounts.
  • Coordinate with Network Operations to ensure that production pricing aligns with desired rates.
  • Monitor and evaluate client and provider performance against guarantees.
  • Conduct monthly accrual and reconciliation reporting for designated clients.
  • Analyze pricing guardrail performance and compliance.
  • Collaborate with the Contracting team to address pharmacy inquiries regarding reimbursement related to rental network and PBM relationships.
  • Perform financial assessments of re-negotiated retail network rates.
  • Design and implement analytical tools and financial models to aid decision-makers in forecasting, reporting, and analysis.
  • Prepare reports for discussions on annual planning, monthly operational reviews, and mid-year forecasts.
  • Engage directly with clients to foster relationships and address issues.
IDEAL CANDIDATES WILL POSSESS:
  • A Bachelor’s Degree (or equivalent experience) with a minimum of 6 years in Finance or Supply Chain.
  • Expertise in financial modeling and planning and analysis.
  • Experience in PBM retail network pricing, including management of client and provider guarantees.
  • Proficiency in SQL and handling large data sets.
  • A collaborative mindset with experience working across various functions.
  • Advanced skills in Microsoft Excel, including the use of macros.
  • Adeptness in dynamic and deadline-oriented environments.

If you are working remotely, ensure your internet connection is through a cable broadband or fiber optic service provider with a minimum speed of 10Mbps download and 5Mbps upload.

About Cigna Health and Life Insurance Company:

Cigna Health and Life Insurance Company is dedicated to developing innovative pharmacy, care, and benefit solutions aimed at enhancing health and vitality.

We are committed to making healthcare more accessible and effective for millions of individuals.

We are an equal opportunity employer and value diversity in our workforce.



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