Hybrid Federal Employee Program Financial Analyst

Posted 3 weeks ago

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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

Job title

Federal Employee Program Financial Analyst

Job type

Experience level

Mid levelSenior

Salary

$55,100 - $103,810 per year

Degree requirement

Bachelor's Degree

Location requirements

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