Senior Financial Regulatory Analyst - Remote

UnitedHealth Group • Minnetonka, MN

86d • $71,200 - $127,200

About The Position

At UnitedHealthcare, we’re simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and equitable. Ready to make a difference? Join us to start Caring. Connecting. Growing together. The Senior Financial Regulatory Analyst will support the submission of timely, accurate, and complete regulatory reports, associated audits, and responses to regulatory inquiries, including internal and external ad-hoc requests. You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.

Requirements

• Bachelor’s degree in Mathematics, Statistics, Business Administration, Actuarial Sciences, Finance, or related field
• 3+ years of experience in Data Analytics and/or Financial Reporting
• Demonstrate technical and financial understanding of data repositories, contracts, claim system operations, and the resulting manipulation of data into financial regulatory reporting
• Expertise in data analytics, financial analysis and critical thinking (‘outside the box’)
• Advanced level of proficiency with Microsoft Office products (Excel, Access, Word)
• Reside within the USA

Nice To Haves

• Experience in preparing financial reporting for regulatory agencies
• Experience with PeopleSoft Financials, SAS/SQL, and Visual Basic, and Microsoft Query
• Healthcare Insurance experience
• Financial and/or Accounting experience handling regulated entities
• Solid working knowledge of GAAP and Statutory Accounting Principles
• Knowledge and proficiency of SAS, SQL, and/or Visual Basic
• Proven solid analytical skills, project management skills, and attention to detail
• Proven excellent oral and written communication skills
• Proven ability to perform effectively in matrix relationships
• Proven leadership skills, including ‘change agent’ capability, working with management to identify value-added opportunities and develop creative approaches to problem solving related to financial regulatory reporting
• Proven excellent interpersonal skills, ability to work with all levels of management across all functional areas as well as local, regional, and corporate entities
• Proven ability to understand and influence the necessary and appropriate actions to ensure completion and submission of all required regulatory reports and mandated timelines

Responsibilities

• Manage the completion and submission of all regulatory financial reports for select Medicaid markets
• Coordinate the completion of regulatory audits of these financial regulatory reports, working with appropriate state personnel, business unit financial and operational staff
• Field regulatory desk review inquiries and any supplemental ad-hoc requests
• Analyze, design, develop, and implement data and process models related to new Medicaid programs, products, and/or area expansion requirements
• Analyze and prepare financial statements, including balance sheets and statements of financial position
• Prepare documentation in support of external and internal audits
• Review the work of others
• Support the accurate completion of all required financial regulatory reporting within mandated timelines
• Ensure that regulatory financial reports are compliant with regulatory requirements
• Review applicable state Medicaid communications and stay current on multiple state Medicaid financial reporting requirements
• Coordinate the preparation of written responses to routine inquiries and questions received from state Medicaid regulatory agencies related to the financial regulatory reports
• Regularly update management as regulatory reporting requirements change
• Support a wide range of state Medicaid reporting efforts
• Review and interpret financial statements, including balance sheet, statement of operations, and cash flow
• Validate and reconcile data received from multiple sources (i.e., claims processing systems, financial data repositories, Microsoft Excel and Access models, general ledger, etc.)
• Cross-check and complete final data validation of tables and/or exhibits related to the required Medical regulatory filings, including robust data analyses
• Participate in process improvement and automation initiatives designed to reduce the number of man hours involved with the filing processes and increase accuracy of reported data
• Work extensively with cross-functional areas (IT, Actuarial, Medical Economics, and Health Plan Accounting), especially during times of business and technological changes.

Benefits

• Comprehensive benefits package
• Incentive and recognition programs
• Equity stock purchase
• 401k contribution

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees