What are the responsibilities and job description for the Junior Financial Analyst position at PayerFusion Holdings LLC?
About Company:
PayerFusion provides cost containment and medical claims processing achieves claim integrity and bill reductions. Our TPA services utilize the latest medical claim processing technology coupled with our unique healthcare cost containment methodologies to provide you with the sharpest advantage possible. Our rules-driven medical claim administration tools enable you to remain competitive and compliant in an environment of ever-increasing costs and regulations.
We take pride in being the solution for self-funded programs, international insurers, providers and anyone who requires unique and effective health plan and third-party administration services.
As it relates to International Services, at PayerFusion Holdings, LLC, we offer our services for self-funded programs, international insurers, providers and anyone who requires unique and effective health plan and third-party administration services.
PayerFusion approaches in healthcare industry in a manner that aims to “fuse” the gap between payers and providers by creating win-win situations in health benefits and claims administration – including medical claims pricing.
PayerFusion employs the latest technology to give the clients control of their medical claims administration and truly reduces the costs and loss ratios. Cost per claim and policy performance are not forgotten, our TPA services and cost containment process provides excellent reporting capabilities.
About the Role:
The Junior Financial Analyst will play a crucial role in supporting the financial planning and analysis team by providing accurate and timely financial data. This position is designed for individuals who are eager to learn and grow within the health insurance sector, contributing to the overall financial health of the organization. The analyst will assist in the preparation of financial reports, forecasts, and budgets, ensuring that all financial information is meticulously analyzed and presented. By collaborating with various departments, the Junior Financial Analyst will help identify trends and insights that drive strategic decision-making. Ultimately, this role is essential for maintaining the integrity of financial data and supporting the company's long-term financial goals.
Minimum Qualifications:
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
- Proficiency in Microsoft Excel and financial modeling techniques.
- Strong analytical and problem-solving skills.
Preferred Qualifications:
- Internship experience in finance or accounting.
- Familiarity with financial software and ERP systems.
- Basic understanding of financial regulations and compliance.
Responsibilities:
- Assist in the preparation of monthly financial reports and variance analysis.
- Support the budgeting and forecasting processes by gathering and analyzing data.
- Conduct financial modeling to evaluate potential business opportunities.
- Collaborate with cross-functional teams to gather relevant financial information.
- Monitor key performance indicators and provide insights to management.
Skills:
The required skills, such as proficiency in Microsoft Excel, will be utilized daily to create financial models and analyze data sets. Strong analytical skills will enable the Junior Financial Analyst to interpret financial information and identify trends that inform business decisions. Preferred skills, like familiarity with financial software, will enhance the efficiency of data management and reporting processes. Effective communication skills will be essential for collaborating with team members and presenting findings to management. Overall, a combination of these skills will empower the analyst to contribute meaningfully to the financial planning and analysis efforts of the organization.
Benefits:
- Health, dental, vision, life and hospitalization insurance coverages.
- 401K with match up to 4%
- 12 Holidays paid
- PTO