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Financial Analyst (Actuarial Focus)
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$63k-78k (estimate)
Full Time 4 Days Ago
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Idaho State Job Bank is Hiring a Financial Analyst (Actuarial Focus) Near Boise, ID

Financial Analyst (Actuarial Focus) at Humana in Boise, Idaho, United States Job Description Become a part of our caring community and help us put health first The Delaware Valley ACO (DVACO) is an accountable care organization that participates in the Centers for Medicare and Medicaid Services' Medicare Shared Savings Program (MSSP). DVACO is a joint venture among three stakeholders: Humana, Main Line Health System, and Jefferson Health System. Humana takes the lead in providing administrative support in various areas including HR. DVACO's MSSP participation accounts for the region's largest Medicare ACO grouping, with more than 2,000 physicians and approximately 70,000 Medicare fee-for-service beneficiaries. Additionally, DVACO currently holds performance-based contracts with private payers and manages population health initiatives for the employees and dependents of Jefferson Health and Main Line Health, enhancing DVACO's total number of beneficiaries to over 200,000. The Financial Analyst (Actuarial Focus) will be responsible for interpreting data, leveraging analytical tools and making recommendations to key stakeholders at the DVACO. The Financial Analyst is seen as a subject matter expert and will lead DVACO governance committees and maintain ongoing relationships with all levels of management, key third party staff, internal constituents, and external customers at participating Clinical organizations to gather information, share data and effectively move projects forward. Works with Vice Presidents, Medical Directors, Clinical Operations, Finance, Network Contracting, IT and other departments or stakeholders Performs all aspects of financial informatics analysis including data acquisition and data management, advanced SAS or SQL programming, advanced data visualization, quantitative and qualitative data analysis Analyzes and forecasts financial data, medical and pharmacy claims data, and other data to provide accurate and timely information for strategic and operational decisions. Forecasts financial performance in Value Based Contracts using claims data, payer reports, Medicare public use files, etc. Tracks and projects HCC risk scores for contract level reconciliations, calculating risk adjusted key performance indicators, closing gaps, etc. Works with the clinical and financial team to identify trends and patterns in complex data sets, draw conclusions, develop summaries utilizing charts, graphs and images for presentations to stakeholders Works with and educates the leadership team to present statistical and operational reports of key metrics including analysis of progress towards goals and benchmarks Interfaces directly with customers and management to negotiate contract requirements (understand customer needs and provide consultation on options to best meet that need) with customers to ensure optimal value and timely delivery Communicates effectively within informal and formal channels, including written communications, presentations and informal communications with peers, management and business partners. In addition to being a great place to work, Humana also offers industry leading benefits for all employees, starting your FIRST day of employment. Benefits include: Medical Benefits Dental Benefits Vision Benefits Health Savings Accounts Flex Spending Accounts Life Insurance 401(k) PTO including 8 paid holidays, one personal holiday, one day of volunteer time off, 23 days of annual PTO, parental leave, caregiving leave, and weekly well-being time And more Use your skills to make an impact Required Qualifications Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or other related field 1 years actuarial experience, or progress in the Society of Actuaries (SOA) exam program Experience modeling financial performance using healthcare claims data Advanced knowledge in Microsoft Excel (ex. formulas, pivot tables, and graphs), PowerPoint, Word, Outlook Advanced knowledge of SQL, SAS or equivalent language Effective verbal and written communication and presentation skills appropriate for communication with both external clients and senior management Preferred Qualifications Experience in risk adjusted financial analysis and reporting for Value Based Health Care agreements Data visualization (PowerBI/Tableau/Qlik) Additional Information This position is Remote with EST hours. Work at Home/Remote Requirements Work-At-Home Requirements To ensure Home or Hybrid Home/Office associates' ability to work effectively, the self-provided internet service of Home or Hybrid Home/Office associates must meet the following criteria: At minimum, a download speed of 25 Mbps and an upload speed of 10 Mbps is recommended to support Humana applications, per associate. Wireless, Wired Cable or DSL connection is suggested. Satellite, cellular and microwave connection can be used only if they provide an optimal connection for associates. The use of these methods must be approved by leadership. (See Wireless, Wired Cable or DSL Connection in Exceptions, Section 7.0 in this policy.) Humana will not pay for or reimburse Home or Hybrid Home/Office associates for any portion of the cost of their self-provided internet service, with the exception of associates who live or work from Home in the state of California, Illinois, Montana, or South Dakota. Associates who live and work from Home in the state of California, Illinois, Montana, or South Dakota will be provided a bi-weekly payment for their internet expense. Humana will provide Home or Hybrid Home/Office associates with telephone equipment appropriate to meet the business requirements for their position/job. Work from a dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information Our Hiring Process As part of our hiring process for this opportunity, we may contact you via text message and email to gather more information using a software platform called Modern Hire. Modern Hire Text, Scheduling and Video technologies allow you to interact with us at the time and location most convenient for you. If you are selected to move forward from your application prescreen, you may receive correspondence inviting you to participate in a pre-recorded Voice, Text Messaging and/or Video interview. Your recorded interview will be reviewed and you will subsequently be informed if you will be moving forward to next round of interviews If you have additional questions regarding this role posting and are an Internal Candidate, please send them to the Ask A Recruiter persona by visiting go/Buzz and searching Ask A Recruiter Please be sure to provide the requisition number so we may be able to research your request quicker. This is a remote position. #LI-LM1 #LI-Remote Scheduled Weekly Hours 40 Pay Range The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay decisions will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.$65,000 - $89,500 per year Description of Benefits Humana, Inc. and its affiliated subsidiaries (collectively, 'Humana') offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and pers To view full details and how to apply, please login or create a Job Seeker account

Job Summary

JOB TYPE

Full Time

SALARY

$63k-78k (estimate)

POST DATE

06/29/2024

EXPIRATION DATE

07/16/2024

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The following is the career advancement route for Financial Analyst (Actuarial Focus) positions, which can be used as a reference in future career path planning. As a Financial Analyst (Actuarial Focus), it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst (Actuarial Focus). You can explore the career advancement for a Financial Analyst (Actuarial Focus) below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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