Financial Analyst

Job not on LinkedIn

🔥 12 hours ago

🏄 California – Remote

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💵 $60.4k - $92.6k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

💸 Financial Planning and Analysis (FP&A)

🦅 H1B Visa Sponsor

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👻 Ghost score 0%

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Logo of SCAN

SCAN

1001 - 5000 employees

Founded 1977

🏥 Healthcare

⚕️ Healthcare Insurance

👥 B2C

Healthcare • Healthcare Insurance • B2C

SCAN is a mission-driven healthcare organization focused on reinventing aging by delivering evidence-based, patient-centered care and coverage for older adults. It operates an integrated portfolio including health insurance plans with innovative benefits, in-home and virtual primary care, support programs for caregivers and homebound older adults, and specialized services for vulnerable populations. SCAN also invests in and partners with companies that advance care models and resources to help older adults remain healthy and independent at home.

📋 Description

• Assist the manager in leading the department to ensure accurate system configuration, capitation payment processing, accruals, shared risk pool calculation, and claims expense recording. • Interpret contractual agreements to ensure system accuracy and compliance. • Manage databases and ensure provider payments are accurate. • Ensure data integrity for audit and bid processes for all entities. • Facilitate and lead intradepartmental meetings for audits, accruals, data analysis, annual CMS bids, capitation, and claims reserves. • Oversee timely and accurate shared risk pool settlements and provide guidance on contract language. • Liaise with Network Management, Shared Services, Claims, Legal, Actuary, Compliance, and Enrollment. • Test, validate, monitor, and report on the capitation module; improve processes and support CMS guidelines and system upgrades. • Maintain capitation and shared risk modules through configuration, analysis documentation, and system testing. • Mentor team members and assist with escalated issues and tasks. • Assure timely and accurate monthly provider capitation payments. • Create system documentation, process flows, and desktop procedures. • Evaluate contractual agreements related to payment methodologies for capitated and shared risk arrangements. • Respond to and resolve Network Management inquiries. • Assemble and analyze historical financial data, identify trends, provide forecasts, explain processes, recommend actions, and improve departmental processes. • Provide detailed capitation and accrual data for CMS bids on a GAAP-to-incurred basis. • Provide analytical support to Finance, Network Management, Pharmacy, and Health Care Informatics departments. • Compile and present complex capitation information, assumptions, and recommendations. • Initiate membership and payment audits and ensure capitation process efficiency. • Support SCAN’s Vision and Goals and perform other duties as assigned.

🎯 Requirements

• Associate's Degree or Technical Degree or equivalent experience. • 3-5 years of related experience. • Performs work under minimal supervision. • Handles complex issues and problems, and refers only the most complex issues to higher-level staff. • Possesses comprehensive knowledge of subject matter. • Provides leadership, coaching, and/or mentoring to a subordinate group but does not directly supervise. • Advanced analytical skills. • Basic problem-solving skills. • Good communication and interpersonal skills. • Microsoft Office Suite at advanced level required. • A background check is required.

🏖️ Benefits

• An annual employee bonus program • Robust Wellness Program • Generous paid-time-off (PTO) • Eleven paid holidays per year, plus 1 floating holiday, plus 1 birthday holiday • Excellent 401(k) Retirement Saving Plan with employer match and contribution • Robust employee recognition program • Tuition reimbursement • Equal pay, employee resource groups, inclusive benefits, and more

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