Senior Financial Health Data Analyst I

HMSA; Honolulu (HI); Hybrid; USD 47,500 - 88,000; Full time

Job summary

HMSA is seeking a financial analyst in Hawaii to provide financial management, analysis, and reporting for government and commercial programs and provider contracts. The role emphasizes contract compliance, cost stewardship, and cost transformation initiatives while supporting health program efforts and negotiations.

The position is full-time with a hybrid work environment requiring Hawaii residency. Candidates typically begin in the minimum to mid-range of the pay scale to align with experience

Qualifications

• Bachelor's degree or equivalent with 3 years related work experience.
• Budgeting, forecasting, and variance analysis skills.
• Basic knowledge of Microsoft Office applications incl. Word, Outlook, and PowerPoint.
• Intermediate Excel proficiency.

Responsibilities

• Develop, analyze, and monitor reimbursement and provider strategies and related reports.
• Identify cost reduction opportunities by analyzing data and trends.
• Monitor market trends and changes to inform contracts and cost initiatives.
• Maintain data quality, documentation, and reporting suitable for audits and management review.
• Lead internal controls and communicate data adjustments and resolutions.

Skills

Budgeting, Forecasting, Variance分析

Education

Bachelor's degree or equivalent

Tools

Microsoft Word

Microsoft Outlook

PowerPoint

Excel

Job description

Hybrid Work Environment

Hybrid Work Environment - Must reside in Hawaii

Employment Type

Full-time

Exempt or Non-Exempt

Exempt

Job Summary

Hybrid Work Environment - Must reside in Hawaii

Pay Range: $47,500 to $88,000

Note: Individuals typically begin between the minimum to middle of the pay range

Provide Financial management, financial analysis and financial reporting for government and commercial programs/plans and for provider contracts with emphasis on contract compliance, financial stewardship, and benefit cost management. Identify, enhance, and transform current processes and policies to make them more efficient and effective. Support various health programs, provider negotiations, and Corporate Health Care Cost initiatives. Perform duties with moderate management direction and oversight.

Minimum Qualifications

• Bachelor\'s degree and three years of related work experience, or an equivalent combination of education and related work experience.
• Demonstrated budgeting, forecasting, and variance analysis skills
• Basic knowledge of Microsoft Office applications. Including but not limited to Word, Outlook, and Power Point.
• Intermediate working knowledge of Excel

Duties And Responsibilities

• Develop, analyze, recommend, and monitor reimbursement and provider strategies; prepare reports that measure the effectiveness of reimbursement and contracting terms and the influence they may have on overall program/plan cost and utilization.
• Analyze data and identify trends, patterns, or other notable issues with an eye for cost reduction opportunities.
• Monitor market trends to identify emerging opportunities or risks in business environments.
• Monitor websites for reimbursement and policy changes for both private and government entities; make recommendations for implementation of these changes.
• Analyze standard plan or provider financial and operational reports in response to customer requirements and business needs
• Lead and implement internal controls; Facilitate definition of data and other information requirements; Define efficient data assembly methods; and maintain adequate documentation for general reference and audit purposes.
• Create functional summary reports for presentation to management
• Validate and maintain quality and consistency of data and reporting
• On a proactive basis identify and isolate potential problems and work with staff within and outside of the department to develop and implement resolutions; develop and communicate data adjustments and workarounds.
• Propose resolutions to management to clearly define the increase in value and productivity associated with the changes.
• Annual review of compliance workflows, such as, SSAE, MAR.
• Review provider contracts and ensure that claims system set ups accurately reflect fully executed, signed agreements.
• Participates and promotes team activities by providing leadership, consultation, managing other projects, sharing accountability and expertise, communicating, and improving integrity of workflows, and providing constructive feedback on other team members\' performance.
• Perform all other miscellaneous responsibilities and duties as assigned or directed.