Healthcare Informatics Financial Analyst III

Viva Health•Birmingham, AL

23h•Hybrid

About The Position

The Healthcare Informatics Financial Analyst III utilizes their skills with people, technology, data, and finance to support the organization’s need for analytics concerning overall corporate financial performance. This position collaborates with internal and external customers by researching, providing, and interpreting key utilization and cost metrics. This position will use critical thinking and problem-solving skills to assist in developing new approaches to complex business problems. The Healthcare Informatics Financial Analyst III will trend data, compare historical financial figures, make projections, and work with large data sets to pursue answers to complex questions. This position is responsible for quantitative analysis related to a variety of areas such as premium revenue, fee for service medical expense, capitated medical expense, and provider contracts for multiple business lines like commercial and Medicare Advantage. This position will primarily use SQL to extract data and use various mediums, such as Tableau, to translate and present complex information in an easy-to-understand way.

Requirements

Bachelor's Degree
5 years of experience with financial analysis
Experience in the insurance or health care field, particularly in Medical Economics or Informatics
Proficiency with SQL and Tableau or other similar tools
Ability to work under minimal supervision
Ability to work in a team and influence others to drive change
Excellent oral and written communication skills
Excellent data querying and analytical skills using SQL and the ability to present data using applications such as Tableau
Excellent modeling (including pro forma and what-if analyses), interpretive, and analytical skills using Excel
Previous data analysis and validation experience partnering with stakeholders with a strong knowledge of systems, processes, and methodologies and ability to communicate those to technical and non-technical audiences
Very strong understanding of accounting concepts including accruals, revenue/expense recognition, budgeting, etc.
Excellent background in creating models that utilize financial and non-financial data
Ability to handle multiple projects simultaneously and meet strict deadlines with a very high level of accuracy
Willingness to work evenings and overtime to meet project deadlines
Excellent customer service skills and a desire to be a team player
Proficient in the Microsoft Office suite of products

Nice To Haves

Master’s in Business Administration, Finance, Public Health, MIS, CIS, or related field
Experience with other productivity tools such as Crystal Reports

Responsibilities

Present analysis to senior-level department staff and internal business partners, as well as having the ability to communicate effectively with external stakeholders.
Develop project ideas, implement projects, and see through to completion.
Perform provider contract analysis for both fee for service and capitated agreements; analyze incremental cost or savings related to proposed changes to existing provider contracts.
Perform drill down analysis on specific high cost areas to identify primary drivers and potential solutions.
Perform various analytical functions for multiple lines of businesses including but not limited to Medicare, Commercial, Medicaid, and Self Insured accounts.
Prepare information and statistics as needed for annual Centers for Medicare and Medicaid Services (CMS) bid work.
Assist with special projects and proposals that could include preparing reports, maintaining schedules, and performing data drill-down as needed, particularly in the areas of fee-for-service medical expense, capitation, and revenue.