Senior Financial Analyst
Medica•Madison, WI
•$70,200 - $105,315•Hybrid
About The Position
Support the end-to-end financial planning, controls, and reporting for the implementation of a new TPA-administered claims platform. Partner with Finance, Actuarial, Claims Operations, IT and the TPA to design and validate financial data flows, ensure accuracy of claims and accruals, establish controls, and enable timely, insightful reporting. Own financial readiness, cutover validation, and post-go-live performance monitoring Perform other duties as assigned.
Requirements
- Bachelor’s degree or equivalent experience in a related field
- 5 years of work experience beyond the degree
Nice To Haves
- Health Insurance industry experience with a working knowledge of claims processes
- Experience with data quality checks in cross-functional implementations with clients/TPAs, including stakeholder management with Finance, Actuarial, Claims Operations, IT, Compliance and Treasury
- Advanced Microsoft Excel - excellent analytical and quantitative skills
- Ability to analyze financial data and generate reports
- Experience with internal and external audits, including GAAP knowledge
- Attention to detail, ensuring accuracy in financial reporting
- Critical thinking with advanced problem-solving skills in a fast-paced environment
- Managing multiple tasks and deadlines efficiently
- Communicate effectively and professionally
- Knowledge of Microsoft Suite
Responsibilities
- Lead financial data validation for new TPA claims platform migration
- Detailed attribute testing of data and reports in collaboration with other departments
- Implement and maintain claims data quality by collecting, monitoring, and creating financial models to support strategic decision-making
- Build and execute month-end reconciliation routines
- Develop and document processes and procedures to analyze results, monitor variances and identify trends
- Translate business requirements into financial and reporting requirements (e.g., ledger impacts, subledger mapping, accrual logic)
- Audit and regulatory filing support for internal and external auditors
- Special projects & ad hoc reporting
Benefits
- competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services
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What This Job Offers
Job Type
Full-time
Career Level
Senior
