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Sr Financial Analyst
Minnetonka, Minnesota
Caring. Connecting. Growing together.
With these values to guide us, our people are committed to making a meaningful difference in the lives of those we are honored to serve.
At UnitedHealthcare, we're simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and optimized. Ready to make a difference? Join us to start Caring. Connecting. Growing together.
This position is part of a team responsible for management and execution of our provider incentive programs known as Additional Compensation Programs (ACP) including system setup and maintenance; incentive reporting, calculation and distribution; and incentive research and reconciliation. As part of this team, the Sr Financial Analyst will be involved in the processes around the reporting, calculation, and distribution of incentive payments. This includes direct involvement and analysis in areas such as provider income statements, month end close process, and payment documentation including preparation and submission of payment requests.
You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.
Primary Responsibilities:
- Prepare provider income statements
- Reconcile, analyze and review network income statements in preparation for month-end close
- Research stakeholder questions and provide solutions
- Calculate and prepare quarterly reconciliation payments
- Document process and procedural changes
- Coordinate with other teams, both internal and external, involved with the process
- Work with complex Excel spreadsheets, calculations, and pivot tables
- Assist in developing and maintaining clear communication channels with key internal and external stakeholders
- Skilled at problem solving, follow-through and resolution
- Ensure sufficient documentation is available (and provided) to support audits including current/historical documentation of operational procedures and incentive records
- Perform analyses of issues, participate in development of potential solutions, and make recommendations to ensure accurate and timely resolution
- Recommend and drive process improvements
- Other projects as assigned
You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:
- 1+ years of financial and/or accounting experience
- Intermediate or higher level of proficiency with MS Excel (Experience with pivot tables, vlook ups, what-if analysis, scenario modeling)
- Demonstrated customer service skills in a professional business environment. Tact, diplomacy, and sensitivity to respect confidential information
Proven excellent verbal/written communication skills. Ability to communicate effectively with multiple levels within and outside the company. Possesses written communication skills enabling independent handling of correspondence and proofreading of
complex legal agreements, letters, reports and other documents
- Work schedule flexibility, including availability for overtime
- Proven ability to learn and understand the interdependence of computer systems quickly
- Proven ability to work collaboratively and influence across a matrix environment to drive revenue enhancement and expense management initiatives\
- Proven ability to work independently, prioritize work and meet deadlines
Preferred Qualifications:
- Experience with payment/incentive processing
- Experience using PeopleSoft Financials
- Experience using SAS or VBA (Visual Basics)
- Experience working in the Healthcare industry
*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy
Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $60,200 to $107,400 annually based on full-time employment. We comply with all minimum wage laws as applicable.
Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.
At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.
UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.
Benefits
Our mission of helping people live healthier lives extends to our team members. Learn more about our range of benefits designed to help you live well.
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