19 days old

Business Analytics Lead Financial Analyst (Non-Par Cost Containment) - Evernorth

Cigna
Phoenix, AZ 85003
  • Job Code
    22000130
Summary

Non-Par Cost Containment Team: Our Team responsibility is to perform valuable medical cost analysis on Cigna's Non-Par cost containment solutions as well as maximum reimbursable charge. We specialize in Non-Par provider analysis; Cost containment earnings and financial projections; Client out-of-network benefit strategy and analysis; Enablement of Non-Par pricing techniques; and local market Non-Par reporting.

As the Non-Par Business Analytics Lead Financial Analyst, you will support and develop strong business relationships with both the Accounting and the Non-Par Operations team. Using your accounting knowledge and analytics skills, you will serve as a key participant in the monthly, quarterly and annual close reporting process. You will work closely with the Accounting Team to assist with reconciliation of financial data and to gather and provide information for analysis. You will additionally serve as controller for a small operating expense budget. As Lead Financial Analyst you will become a subject matter expert in the Non-Par space, assisting as needed with various analytics assignments/projects.

This position is with Evernorth, a new business within the Cigna Corporation.

Responsibilities

  • Matrix with Accounting Team to reconcile actual financial results, supply accruals, perform reserve studies, and describe financial variances for actual periods of analysis
  • Perform Controllership function for a small operating expense budget which includes invoice tracking and approval; expense timing and projection; and actual to projection variance analysis
  • Produce ad hoc reporting using our fee revenue book of record (VFR) and assist with occasional client fee adjustments and refunds. Generate some fee invoices manually
  • Support our team's finance lead and management with directed analysis projects and transactional investigation
  • Work closely with our partners on the Non-Par operations team providing analytic support relative to Non-Par provider vendor fee data
  • Cultivate and maintain working relationships with all internal partners. Develop subject matter expertise in the Non-Par cost containment space and provide strategic insights to business partners
  • Support additional Non-Par analytics as needed, becoming skilled as a Non-Par generalist

Qualifications

Background in accounting, finance and/or financial analysis and having worked as an accountant or closely with accounting partners is highly desirable.

  • 3+ years' of health plan experience desired
  • Strong ability with data querying tools (SQL, SAS and/or Excel) and committed to continuously grow and improved technical skill
  • Strong analytical and problem solving skills, attentive to details
  • Professionalism and discretion; ability to maintain confidentiality of sensitive data
  • Solid communication skills with experience presenting financial variance analysis and ability to succinctly summarize points that convey a clear message to the relevant audience
  • Works with a sense of urgency; delivers results; ability to reprioritize quickly
  • Keeps management and matrix partners informed and updated on status of deliverables
  • Driven to grow, continuously improve, and become a subject matter expert in the Non-Par space
  • Bachelors Degree in Accounting, Finance, Business or related field is highly desirable

This role is WAH/Flex which allows most work to be performed at home. Employees must be fully vaccinated if they choose to come onsite.

For this position, we anticipate offering an annual salary of $70,400 - $117,400, depending on relevant factors, including experience and geographic location.

This role is also anticipated to be eligible to participate in an annual bonus plan.

Helping our customers achieve healthier, more secure lives is at the heart of what we do. While you take care of our customers, we'll take care of you through a comprehensive benefits program that helps you be at your best. Starting on day one of your employment, you'll be offered several health-related benefits including medical, vision, dental, and best in class well-being and behavioral health programs. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and dozens of corporate discounts on essentials you use every day. For more details on our employee benefits programs, please visit the "Life at Cigna" tab on our careersite: www.cigna.com/careers

About Evernorth

Evernorth, Cigna Corporation's health services segment, exists to elevate health for all. We're building on our legacy and redefining health care as we know it. Unbiased in how we think, we create without limitation. We partner without constraints, deliver value differently and act in the interest of humanity. Solving across silos, closing gaps in care, and empowering clients, customers, and people everywhere to move onward and upward. When you work with us, you'll be empowered to solve the problems others don't, won't or can't. Join us. What difference will you make?

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.





Posted: 2022-01-07 Expires: 2022-02-05
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Business Analytics Lead Financial Analyst (Non-Par Cost Containment) - Evernorth

Cigna
Phoenix, AZ 85003

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