Financial Analysis Senior Advisor - Work from Home - Express Scripts
Job Description
Responsibilities:
- Oversee quarterly forecasts, annual budgets, and 3-5 year strategic plans for Regulated Markets expenses and U.S. Government revenue and expenses for the Express Scripts' Medicare Part D Employer Group Prescription Drug Plans (EGWP PDP).
- Manage Other Service Revenue quarterly forecasts and annual budgets for Health Plan Clients with delegated PDP services.
- Effectively communicate financial results to Leadership across Regulated Markets and U.S. Government.
- Manage Regulated Markets quarterly underwriting expense allocation model, Insurance Company quarterly corporate overhead expense allocation model, and Regulated Markets annual labor allocation model in compliance with management service agreements.
- Oversee monthly-end close functions including reconciling the general ledger, preparing reclass/accrual entries, and actual performance analysis with root cause variance identification.
- Manage intercompany and client billing in accordance with contracts.
- Manage vendor invoice payments and purchase order tracking.
- Analyze Other Service Revenue across Regulated Markets Products to draw insights, benchmark against the market, and propose pricing updates.
- Partner with Actuary and Underwriting to analyze performance of insured EGWP clients to maximize enterprise value, increase financial controls, and improve competitiveness in the market.
- Prepare annual Medical Loss Ratio submission to CMS for Express Scripts' CMS contracts.
- Regulatory oversight for the two Express Scripts' PDP insurance companies.
- Assist with regulatory audits - CMS and State Department of Insurance.
- Assist with strategic project initiatives including insurance company consolidation and Cigna/Express Scripts EGWP PDP alignment.
- Implement process improvements and efficiency opportunities.
Qualifications:
- Bachelor's degree in Finance, Actuarial Science, Accounting or related field with health insurance and/or Medicare Part D experience a plus
- 8+ years of financial analysis, accounting, actuarial or related experience
- Must be highly proficient in Excel and Power Point with SQL/VBA code and Access a plus.
- Strong analytical and critical thinking skills - ability to draw insights from data, effectively communicate results and push for actionable solutions.
- Ability to partner cross-functionally and to think strategically to successfully drive results.
- Exemplary interpersonal skills/strong communication skills (written and verbal).
- Effective leadership, prioritization, and management of multiple deliverables in a dynamic environment.
- Motivated, reliable, and responsible with pride in work, proven work ethic, & attention to detail.
- This role is Flex/WFH which allows most work to be performed at home or on occasion at a Cigna office location.
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
For this position, we anticipate offering an annual salary of 103,700 - 172,800 USD / yearly, depending on relevant factors, including experience and geographic location.
This role is also anticipated to be eligible to participate in an annual bonus plan.
We want you to be healthy, balanced, and feel secure. That's why you'll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you'll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, visit Life at Cigna.
About Cigna
Cigna Corporation exists to improve lives. We are a global health service company dedicated to improving the health, well-being and peace of mind of those we serve. Together, with colleagues around the world, we aspire to transform health services, making them more affordable and accessible to millions. Through our unmatched expertise, bold action, fresh ideas and an unwavering commitment to patient-centered care, we are a force of health services innovation. When you work with us, or one of our subsidiaries, you'll enjoy meaningful career experiences that enrich people's lives. What difference will you make?
Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: [email protected] for support. Do not email [email protected] for an update on your application or to provide your resume as you will not receive a response.
Cigna has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.
Date Posted
01/31/2023
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6
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