Financial Analyst

6 days ago


Tampa, Florida, United States Elevance Health Full time
Job Summary

We are seeking a highly skilled Financial Analyst to join our team at Elevance Health. As a key member of our Cost of Care and Provider Contracting organizations, you will play a critical role in analyzing data to identify opportunities for cost savings and improving the quality of care for our members.

Key Responsibilities
  • Perform complex data analyses to identify trends and patterns in healthcare costs
  • Develop and maintain financial models to project cost increases and identify areas for cost reduction
  • Collaborate with Medical Directors, contract negotiators, and management to develop defensible pricing strategies and negotiate contracts with providers
  • Measure and evaluate the cost impact of various negotiation proposals and recommend modifications as applicable
  • Research the financial profitability and stability of providers to determine the impact of proposed rates
  • Project different cost savings targets based on various analytics and identify opportunities for cost reduction
  • Develop and implement standardized practices to optimize cost of care
  • Provide educational support to provider contractors on contracting analytics from a financial impact perspective
Requirements

We are looking for a highly motivated and detail-oriented individual with a strong background in finance, analytics, and healthcare. The ideal candidate will have a Bachelor's degree in Mathematics, Statistics, or a related field and a minimum of 3 years of experience in a broad-based analytical, managed care payor or provider environment.

Preferred skills include proficiency in SQL or SAS, Microsoft Excel/Access, and the ability to work well with others.

About Elevance Health

Elevance Health is a health company dedicated to improving lives and communities. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

We offer a range of market-competitive total rewards, including merit increases, paid holidays, Paid Time Off, and incentive bonus programs. We also offer medical, dental, vision, short and long term disability benefits, 401(k) + match, stock purchase plan, life insurance, wellness programs, and financial education resources.

Elevance Health operates in a Hybrid Workforce Strategy, requiring associates to work at an Elevance Health location at least once per week, and potentially several times per week. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.


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