Job Description
What You Can Expect
Are you passionate about financial analysis and eager to make an impact? Join our team and be part of an organization that values collaboration, innovation, and excellence. We are looking for a dedicated Financial Analyst II to contribute to our Commercial Finance team. If you enjoy working with data, solving complex financial challenges, and collaborating across departments, this role is perfect for you!
About the Role
Under the guidance of the Supervisor of Finance Analytics - Commercial Finance, the Financial Analyst II will perform a variety of specialized duties, including reconciling premium invoicing and payments, monitoring vendor performance, resolving payment issues, and conducting ad-hoc analysis related to commercial products. This position involves working with large data sets and developing SQL queries to ensure accurate financial reporting and premium billing processes.
Key Responsibilities
- Respond to internal and external inquiries related to premium invoicing.
- Analyze over- or under-premium payments and provide insights for leadership review.
- Investigate and resolve member premium discrepancies, offering recommendations for resolution.
- Develop and execute SQL queries for revenue reconciliation, ensuring member account accuracy.
- Resolve payment disputes from merchant service vendors and bank lockbox transactions.
- Coordinate with print vendors to update premium billing notifications and member notices in compliance with regulatory guidelines.
- Work with external vendors to address programming modifications and other business needs.
- Analyze refund requests and overpayments, ensuring accurate processing of member refunds.
- Verify internal and external broker commission payments for accuracy.
- Prepare monthly financial and management reports, including journal entries.
- Interpret regulatory requirements related to premium billing, member notices, and revenue reconciliation.
- Serve as a trusted resource within the organization, fostering strong internal relationships.
- Incorporate LEAN principles into daily operations for continuous process improvement.
- Perform other duties as needed to support financial operations.
What We Offer
We believe in fostering a supportive and rewarding work environment. Here are some of the benefits you can expect as a valued member of our team:
- Remote Work: Enjoy the flexibility of working from home (California residency required).
- Retirement Benefits: Competitive retirement plans, including CalPERS and a 457(b) option with contribution matching.
- Paid Time Off: Generous vacation, holiday, and sick leave policies.
- Comprehensive Healthcare: Medical, dental, and vision coverage.
- Life & Disability Insurance: Paid life insurance with additional options, plus short- and long-term disability coverage.
- Wellness & Work-Life Balance: Wellness programs, on-site fitness center access, and pet care insurance.
- Flexible Spending Accounts: Health care and childcare FSAs.
- Career Growth: Professional development opportunities and career advancement pathways.
- Competitive Compensation: Annual merit increases and team bonus opportunities.
Qualifications & Experience
- At least three (3) years of experience in premium billing, membership reconciliation, or premium reporting.
- Experience collaborating with finance teams on monthly financial reporting.
- Strong proficiency in working with large data sets and developing SQL queries.
- Background in managed care and commercial products preferred.
- Bachelor's degree in Finance, Business Administration, Economics, Health Care Administration, Accounting, or a related field from an accredited institution.
Key Skills & Competencies
- In-depth knowledge of premium billing practices in the healthcare industry.
- Understanding of generally accepted accounting principles (GAAP) and general accounting theory.
- Proficiency in SQL Server query development and writing.
- Strong skills in Microsoft Excel and Word.
- Excellent written and verbal communication skills.
- Strong analytical, problem-solving, and critical-thinking abilities.
- Ability to prioritize tasks and meet deadlines with high attention to detail.
- Comfortable communicating at all organizational levels.
Join Us!
If you're looking for an opportunity to advance your career in finance while making a meaningful impact, we encourage you to apply today. Take the next step in your journey with us and contribute to a team that values expertise, collaboration, and professional growth!
Employment Type: Full-Time
Salary: $ 40,000.00 140,000.00 Per Year
Job Tags
Full time, Temporary work, Remote work, Flexible hours,