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Job summary
A leading healthcare company in Cleveland is seeking an experienced Financial Analyst to evaluate Medicaid and Medicare financial reports, conduct trend analysis, and generate financial models for business planning. Candidates should have a B.A./B.S. in Math, Finance, or Accounting with a preferred CPA certification and significant experience in financial analysis. This role offers a competitive salary range of $107,028 - $208,705 annually.
Benefits
Qualifications
- 6+ years of experience in financial analysis.
- Experience with actuarial studies related to medical care costs.
- CPA certification preferred.
Responsibilities
- Analyze Medicaid and Medicare financial reports for trends.
- Collaborate with actuarial staff for estimates and studies.
- Generate financial forecasts for business decisions.
- Mentor junior staff on financial analytics.
Skills
Education
Tools
Responsible for analysis of Medicaid and Medicare financial reports, trend, and opportunities. Includes evaluation of and recommendations relating to business opportunities, Medicare bids, investments, financial regulations, and similar financial projects or programs. Duties include gathering, interpreting, and evaluating financial information across the organization; generating forecasts and analyzes trends; Creating financial models for future business planning decisions in areas such as new product development, new marketing strategies, etc.
- Prepares Annual Budget and Quarterly Reforecast according to Corporate guidelines.
- Collaborate with Actuarial staff to review IBNR estimates and rate adequacy studies.
- Analyze results to identify early signs of trends or other issues related to medical care cost.
- Design and perform actuarial studies related to medical care costs and trends.
- Research and develop reports and analysis for senior management, effectively presenting and communicating results.
- Works closely with operational management to identify saving opportunities and areas of medical utilization concerns.
- Provide support to financial closing process regarding estimated settlements and risk corridor calculations.
- Pricing and tracking of capitation arrangements.
- Stay abreast of professional developments and industry trends.
- Provide guidance and mentorship to staff member.
- Coordinate the month-end close with Accounting staff. Review actuarial developed accruals
Required Education
B.A./B.S. Degree in Math, Finance or Accounting
Required Experience
6+ Years
Preferred Education
Graduate Degree
Preferred Experience
8+ Years
Preferred License, Certification, Association
CPA
To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.
Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.
Pay Range: $107,028 - $208,705 / ANNUAL
*Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.
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