What are the responsibilities and job description for the Financial Analyst II - Premium Billing for Covered California position at Get It - Finance?
Job Overview
We are seeking a committed Financial Analyst II to become an integral part of our dynamic Commercial Finance team. In this position, you will play a crucial role in ensuring the financial integrity of premium invoicing and payments, monitoring vendor performance, and facilitating cross-departmental collaboration to address payment discrepancies. Your expertise with extensive data sets and proficiency in SQL will be vital for reconciliation tasks and comprehensive financial analysis of our commercial offerings.
Key Responsibilities
Our organization is dedicated to the professional development of our employees, providing career advancement opportunities and avenues for personal growth within a collaborative team environment.
Company Culture and Values
We pride ourselves on fostering a culture of teamwork and collaboration. Our commitment to continuous improvement encourages employees to embrace innovative practices and contribute to a positive work atmosphere.
Networking and Professional Opportunities
Join our esteemed network of industry professionals and enhance your skills through collaboration and shared experiences, promoting your career trajectory within our organization and the broader finance community.
Compensation And Benefits
If you are eager to make a significant impact, develop in your career, and contribute to the success of a forward-thinking team, we welcome your application today!
Employment Type: Full-Time
We are seeking a committed Financial Analyst II to become an integral part of our dynamic Commercial Finance team. In this position, you will play a crucial role in ensuring the financial integrity of premium invoicing and payments, monitoring vendor performance, and facilitating cross-departmental collaboration to address payment discrepancies. Your expertise with extensive data sets and proficiency in SQL will be vital for reconciliation tasks and comprehensive financial analysis of our commercial offerings.
Key Responsibilities
- Address inquiries related to premium invoicing and provide prompt assistance to both internal stakeholders and external partners.
- Conduct detailed analyses of over- or under-premium payments and prepare findings for executive review.
- Investigate and resolve member premium issues and discrepancies, proposing effective solutions.
- Develop SQL queries to reconcile diverse revenue streams, ensuring the accuracy of member account data.
- Manage disputes with payment vendors to guarantee timely application of funds to member accounts.
- Collaborate with vendors to generate and update premium billing notifications and member communications, in compliance with regulatory standards.
- Coordinate with BPO vendors on system enhancements and business needs.
- Evaluate refund requests and overpayments, processing member refunds when necessary.
- Verify internal and external transactions to ensure accurate broker commission payments.
- Prepare month-end financial reports and journal entries for both financial and management reporting.
- Apply and interpret regulatory requirements concerning premium billing, member notifications, and revenue reconciliation.
- Foster and maintain robust relationships with internal teams, consistently reflecting organizational values.
- Adopt continuous improvement strategies by integrating LEAN principles into daily operations.
- Undertake additional responsibilities that support the achievements of Health Plan operations.
- A minimum of 3 years of experience in premium billing, reconciliation, or financial reporting, ideally within managed care for commercial products.
- Proficient in SQL query creation and data analysis.
- Strong capabilities in Excel and Word.
- Excellent written and verbal communication skills, adept at effective problem-solving.
- Solid analytical, critical thinking, and prioritization skills.
- High attention to detail and proactive approach to meeting deadlines.
- Bachelor's degree in Finance, Business Administration, Economics, Healthcare Administration, Accounting, or a related field from a recognized institution.
Our organization is dedicated to the professional development of our employees, providing career advancement opportunities and avenues for personal growth within a collaborative team environment.
Company Culture and Values
We pride ourselves on fostering a culture of teamwork and collaboration. Our commitment to continuous improvement encourages employees to embrace innovative practices and contribute to a positive work atmosphere.
Networking and Professional Opportunities
Join our esteemed network of industry professionals and enhance your skills through collaboration and shared experiences, promoting your career trajectory within our organization and the broader finance community.
Compensation And Benefits
- Full remote position (California residents only)
- Competitive salary with annual merit increases
- CalPERS retirement and 457(b) with contribution match
- Generous paid time off (vacation, holidays, sick leave)
- Comprehensive medical, dental, and vision insurance
- Paid life insurance for employees, with additional options
- Short-term and long-term disability coverage
- Pet care insurance
- Flexible spending accounts (healthcare and childcare)
- Wellness programs promoting work-life balance
- Team bonus opportunities
- Access to a state-of-the-art fitness center (if applicable)
If you are eager to make a significant impact, develop in your career, and contribute to the success of a forward-thinking team, we welcome your application today!
Employment Type: Full-Time
