Financial Analyst focused on driving operational excellence and financial insights at IFF. Contributing to financial data analysis, cost improvements, and collaboration with cross - functional teams.
About the role
- Financial Analyst responsible for financial planning, analysis and reporting for FEP programs at Capital Blue Cross. Collaborating with stakeholders and managing budget vs actual analyses.
Responsibilities
- Annual preparation of Federal Employee Health Benefit and Postal Employee Health Benefits Programs
- Quarterly administrative cost preparation and submission to BCBSA
- Monthly review of FEP direct and allocated expenses to FEP
- Budget versus actual analysis of the individual programs and combined FEP program
- Plan Incentive Program finance measures - preparation and analysis of rate of change drivers
- FEP individual product allocation review
- Annual Independent Public Accountant (IPA) audit relating to FEP administrative expenses
- Financial requests from the BCBSA, Capital FEP Core Team, and government audits
- Review of the FEP Administrative Manual, as regulation and guidance shift
- Performs ad hoc reporting and other duties as assigned
Requirements
- 3 years' health plan or healthcare finance experience
- Federal Employee Program (FEP) experience strongly preferred
- Strong interpersonal and communication skills
- Ability to build productive relationships
- Self-starter with the ability to streamline functions and passion to learn and grow
- Proficiency with Microsoft Excel
- Familiarity with data query/data management tools (Access) extremely helpful
- Strong financial analysis foundation creating forecasts and models
- Strong fluency with Excel formulas and functions
- Comfort dealing with ambiguity and ability to work independently
- Excellent analytical and data gathering skills
- Strong business acumen, knowledge of financial modeling and techniques
- Bachelor’s degree in accounting/finance/economics or related field
Benefits
- Medical, Dental & Vision coverage
- Retirement Plan
- Generous time off including Paid Time Off
- Holidays
- Volunteer time off
- Incentive Plan
- Tuition Reimbursement
- More
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