Financial Operations Analyst - HYBRID
This is a HYBRID role with on-site presence required.
Only local applicants will be considered.
JOB SUMMARY
This position will be responsible for interpreting client contracts to identify and set up of Performance Guarantees.
In addition, this position will assist in reconciliation reporting.
This includes gathering results and preparing reporting to present to Account Management for distribution to clients.
The position requires regular communication with cross functional areas in order to meet deadlines, including Client Pricing, Account Teams, IT, Audit, etc.
The ability to communicate requests, results and issues effectively with team members, management and cross functional areas is essential.
The successful candidate will also be expected to proactively contribute to driving and developing best practices across the Financial Client Operations team.
SCOPE OF JOB
Position will be involved in the support of over 6,000 active clients with regards to establishing rebate sharing arrangements, rebate payments and analysis, interpreting contractual financial guarantee exclusions, financial guarantee reconciliations and analysis, and performance guarantee set ups and reporting.
ESSENTIAL FUNCTIONS
* Works under minimal supervision, through established procedures, to ensure appropriate assessment of Performance Guarantees
* Recommends resolution of identified issues during assessment as well as efficiency process improvements.
* Work cross-functionally with business partners to research and analysis Performance guarantees.
QUALIFICATIONS
* Bachelor's degree in related field (Business, Finance, Economics).
* 1+ years relevant experience.
* Related work experience in PBM, Pharmaceutical, or Healthcare industry preferred.
* Strong SQL skills with an ability to work in multiple databases on a daily basis.
* Strong analytical, planning, problem identification and resolution skills required.
* Effective communication with internal and external individuals in various functional areas and at all levels of management.
* Experience with client benefits and formularies highly preferred.
* Understanding of and experience with quality and process improvement concepts, methodologies.
* Requires experience in business analysis and production testing.
* Proven ability to plan for and integrate multiple tasks concurrently as well as work independently.
ABOUT THE DEPARTMENT
If your niche is in financial reporting and analysis, underwriting, cash management, audit or investor relations, our Finance department may be a perfect fit for you.
Our teams within Finance work together to ensure that spending stays on track and that we remain a profitable industry leader.
We're always on the lookout for innovative people who will bring outside-the-box thinking to our team.
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or ...
- Rate: Not Specified
- Location: St. Louis, US-MO
- Type: Permanent
- Industry: Finance
- Recruiter: Cigna
- Contact: Recruiter Name
- Email: to view click here
- Reference: 24013246
- Posted: 2024-10-29 07:39:39 -
- View all Jobs from Cigna
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