Financial Operations Analyst Lead- Data Mining Overpayment and Operations/Payment Integrity- WG[...]

Elevance Health; Louisville (KY); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Elevance Health is seeking a Financial Operations Analyst Lead to join the Data Mining Overpayment and Operations team. The role blends hands-on data analysis with process improvements, system enhancements and coaching of staff.

You will lead complex analyses, develop strategic finance reports, ensure controls, collaborate with IT on enhancements, and support data science initiatives. Hybrid work requires in-person presence 1–2 days weekly from Louisville area.

Qualifications

• BA/BS in accounting or finance with at least 5 years in finance/health insurance.
• Experience with relational databases and mainframe/report writers.
• Healthcare industry experience preferred.

Responsibilities

• Develops and executes complex data analysis.
• Develops strategic report applications from Finance systems.
• Provides decision support and procedural input to ensure processing efficiency and internal controls.
• Interfaces with IT to document and track system enhancements.
• Assists in implementing Data Science models within Finance.
• Uses claims expertise to explain business needs to technical partners.
• Represents department in cross functional and executive meetings.
• Leads efforts on complex projects and serves as SME for the team.

Skills

Project management

Post-pay reviews/validation/recovery

Managing multiple projects

Medical billing guidelines

Medical coding systems (ICD/CPT/HCPCS)

WGS claims processing

Payment integrity/recovery operations

Pricing outcomes/recovery tools (PICM/

Education

BA/BS in accounting or finance

Tools

Relational databases

Mainframe/report writers

Job description

Title : Financial Operations Analyst Lead

Hybrid 1: This role requires associates to be in-office 1 – 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

As a part of the Data Mining Overpayment and Operations team, the Financial Operations Analyst Lead is responsible for analyzing data and providing new processes, system enhancements and technical solutions to complex business issues. Leads and coaches staff. Manages workflow and oversees day-to-day department responsibilities. May conduct operational meetings with staff. Assists management in establishing work goals.

How you will make an impact:

• Develops and executes complex data analysis.
• Develops strategic report applications from Finance systems.
• Provides decision support and procedural input to ensure that processing efficiency does not compromise internal control mechanisms.
• Interfaces with IT as needed to document and track any needed system enhancements.
• Assists in the implementation of Data Science models within the Finance organization.
• Utilizesclaims expertise to explain business needs to technical partners.
• Represents department in cross functional and executive meetings.
• Uses discretion in making independent decisions.
• Provide direction and guidance to team members, lead efforts on complex projects, and serve as a subject matter expert for the team.

Minimum Requirements:

• Requires a BA/BS in accounting or finance and a minimum of 5 years’ experience in a finance/health insurance field capacity and experience with relational databases and mainframe and client server report writers; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences:

• Project management experience
• Experience working post-pay reviews, validation, and recovery processes in the healthcare industry
• Experience managing multiple projects in various stages to completion
• Experience with medical billing guidelines, and regulations
• Experience with medical coding systems such as ICD, CPT, and HCPCS
• WGS claims processing experience
• Experience in payment integrity or recovery operations, including leakage analysis
• Knowledgeofpricing outcomes, and recovery/concept tools (e.g., PICM, ECM, ACR, CI&W).

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities — and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success – for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact [e-mail] for assistance.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.

Prospective employees required to be screened under Florida law should review the education and awareness resources at HB531 | Florida Agency for Health Care Administration (https://info.flclearinghouse.com/).