Financial Operations Support - Cigna Healthcare

cigna; Madrid; On-site; EUR 42,000 - 62,000; Full time

Job summary

Cigna Healthcare in Madrid is seeking a Financial Analysis professional to interpret financial information, identify trends, and support reporting and audits. The role emphasizes reconciliation, data integrity, and collaboration with Finance and Actuarial teams.

The successful candidate will maintain financial data, provide initial analyses, and help improve processes to reduce backlog and risk in claims payments and related areas.

Qualifications

• Prior experience in financial operations, reconciliation, accounting, or insurance/claims financial administration.
• Knowledge of insurer bordereau processes, regulatory reporting, and accounts receivable/payable concepts.
• Strong attention to detail and comfort working with financial data and spreadsheets.
• Good stakeholder management with insurers and Finance/Actuarial teams.
• Ability to independently prioritise recurring reconciliation and reporting workload.
• Strong written and verbal English communication skills.

Responsibilities

• Medical provider invoices: verify, code, and liaise with Finance on processing and payment accuracy.
• Annuity monthly report: extract, validate and deliver the report to the Actuarial team.
• Bordereau: review and reconcile bordereaux with insurer partners.
• Insurer consultation: resolve financial and administrative issues directly with different insurers.
• Accidents reconciliation: ensure line-of-business accuracy across accident-related accounts.
• Report: maintain oversight of outstanding receivables and payables.
• Legacy clean-up: resolve old, unreconciled amounts across all LPS accounts.

Skills

Financial operations

Reconciliation

Accounting

Insurance/claims financial admin

Stakeholder management

English communication

Job description

Job Description Summary

Delivers professional activities in the Financial Analysis job family with a focus on Financial Analysis. Responsible for analysis and interpretation of financial information. Identifies trends, variances, and key issues and provides recommendations for adjustments. Tracks, reports, and maintains financial data. May conduct audits to ensure financial controls are maintained. Maintains system applications for processing and reporting financial information. May administer risk management and loss prevention programs to maintain maximum protection of the organization's assets at the most economical rates. Applies standard techniques and procedures to routine instructions that require professional knowledge in specialist areas. Provides standard professional advice and creates initial reports/analyses for review. May provide guidance, coaching, and direction to more junior members of the team in Financial Analysis.

Key Responsibilities

• Medical provider invoices:verify, code, and liaise with Finance on processing and payment accuracy.
• Annuity monthly report:extract, validate and deliver the report to the Actuarial team.
• Bordereau:review and reconcile bordereaux with insurer partners.
• Insurer consultation:resolve financial and administrative issues directly with different insurers.
• Accidents reconciliation:ensure line-of-business accuracy across accident-related accounts.
• Report:maintain oversight of outstanding receivables and payables.
• Legacy clean-up:resolve old, unreconciled amounts across all LPS accounts.

Governance & Contacts

• SPOC list:maintain the single-point-of-contact list across LPS and partner organizations.
• Audit support:provide financial controls documentation and evidence trail for audits.
• Fraud cases & meetings:supportfraud casesfollow-ups and cross-team alignment on fraud investigations.

Why This Role Is Needed

LPS's historically manual claims-payment process, combined with the absence of a centralized database, has created a steadily growing volume of reconciliation work. Today this sits with the SME as one part of a much broader remit — case guidance, process improvement, training, escalations, and audit/reporting — so financial reconciliation constantly competes for time against these core duties, increasing the risk of delays, errors, and unnoticed backlogs. This gap has already had real consequences: a multi-year backlog of unreconciled lines requiring a significant write-off for unrecoverable entries, with a substantial amount in claims still outstanding — the direct result of no one being fully dedicated to this work. A dedicated role closes this gap sustainably, reducing operational and audit risk and freeing the SME to focus on specialist responsibilities.

Required Qualifications & Experience

• Prior experience in financial operations, reconciliation, accounting, or insurance/claims financial administration.
• Working knowledge of insurer bordereau processes, regulatory reporting and accounts receivable/payable concepts.
• Strong attention to detail and comfort working with financial data, spreadsheets, and reconciliation tools.
• Good stakeholder-management skills, with experience liaising directly with insurers and Finance/Actuarial teams.
• Ability to independently prioritize and manage a recurring reconciliation and reporting workload.
• Strong written and verbal English communication skills.

Preferred / Nice to Have

• Experience within an international employee-benefits, life & protection, or insurance operations environment.
• Familiarity with Salesforce or similar case/claims management systems.
• Prior experience supporting audits or regulatory/compliance reviews.

About Cigna Healthcare

Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.