Financial Reporting Analyst

Elevance Health • Indianapolis, IN

2d • Hybrid

About The Position

The Financial Reporting Analyst is responsible for the timely and accurate preparation of complex external financial statements and all related filings. Prepares and compiles one or more of the following financial statements: Annual and Quarterly Statutory Financial Reports, Annual Statutory Audited Financial Statement, Form 10-K and/or Form 10-Q. 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.

Requirements

• Requires BA/BS in finance or accounting required and a minimum of 5 years of directly related experience; or any combination of education and experience, which would provide an equivalent background.

Nice To Haves

• MBA, CMA and/or CPA preferred.
• Previous experience involving the application of GAAP or statutory accounting principles and/or SEC or other financial reporting experience is preferred.

Responsibilities

• Coordinates and compiles complex financial statements and analyzes results.
• Assist in the interpretation of new accounting pronouncements and issues papers.
• Prepares draft responses to government and/or regulatory agencies requests and inquiries.
• Provides information for external audits.
• Interfaces with departments and management to communicate concerns and resolve issues timely.
• May prepare draft technical accounting position memorandums, coordinates and compiles annual and semi-annual Risk-Based Capital calculations for company, and/or maintains and updates financial analysis packages given to senior management for comparison between GAAP, BCBSA, or statutory accounting analysis.
• Review of actual versus forecasted medical loss ratio results.
• Recommends and develops enhancements to accounting methods and procedures.

Benefits

• merit increases
• paid holidays
• Paid Time Off
• incentive bonus programs
• medical
• dental
• vision
• short and long term disability benefits
• 401(k) +match
• stock purchase plan
• life insurance
• wellness programs
• financial education resources

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees