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
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