Lead Finance Analyst

Bright Health Group

Anaheim, CA, US
  • Job Type: Full-Time
  • Function: Accounting/Finance
  • Industry: Health Care
  • Post Date: 09/22/2022
  • Website: brighthealthgroup.com
  • Company Address: 8000 Norman Center Dr, Suite 1200, Bloomington, Minnesota 55437, US

About Bright Health Group

Bright Health Group delivers a smarter, more connected healthcare experience. The company’s exclusive partnerships with leading health systems, affordable health insurance plans, and simple, friendly approach to technology are reshaping how people and physicians achieve better health together.

Job Description

Our Mission is to Make Healthcare Right. Together. Built upon the belief that by connecting and aligning the best local resources in healthcare delivery with the financing of care, we can deliver a superior consumer experience, lower costs, and optimized clinical outcomes.

What drives our mission? The company values we live and breathe every day. We keep it simple: Be Brave. Be Brilliant. Be Accountable. Be Inclusive. Be Collaborative.

If you share our passion for changing healthcare so all people can live healthy, brighter lives – apply to join our team.

SCOPE OF ROLE

The Lead Financial Analyst will focus on gross margin analysis and will be responsible for creating financial models and financial reports and work with different levels within the organization. The scope of the work relates to membership, premiums, medical claims, and operating expenses. Most of this work will be in Microsoft Excel. As the role expands, it will be necessary to utilize VBA or work with SQL to extract large amounts of data to produce meaningful reports. Other projects will require collaboration with individual and working on cross functional projects.

ROLE RESPONSIBILITIES

The Lead Financial Analyst job description is intended to point out major responsibilities within the role, but it is not limited to these items.

  • Assist with developing SG&A budgets, forecasts, and trend analysis
  • Develop membership forecast by County and Benefit Plan
  • Support CMS Medicare Advantage bid process
  • Analyze medical claims to identify inconsistences, develop trends, and create monthly reports
  • Reconcile various data sources to pinpoint discrepancies and provide solutions
  • Compile and analyze financial reports, identify relevant information, and transform it into meaningful output
  • Identify new opportunities for process improvements within finance & accounting functions
  • Provide concise data reports and clear data visualizations for management
  • Create financial processes that are consistent, repeatable, and scalable
  • Actual SG&A results and Variance analysis vs Budget and Forecast
  • Other duties and responsibilities as assigned

EDUCATION, TRAINING, AND PROFESSIONAL EXPERIENCE

  • Bachelor’s degree (Required)
  • Five (5) or more years of financial analysis experience (Required)
  • Proficiency in Windows-based computer applications; Advanced proficiency with Microsoft Excel (Required)
  • Two (2) or more years of experience in Health care field (Required)
  • Oracle GL and Smart View reporting or similar systems experience (Preferred)
  • One (1) or more years of SQL and VBA experience (Preferred)

PROFESSIONAL COMPETENCIES

  • Strong collaboration skills to work with internal and external teams to effectively design solutions that meet the business needs
  • High attention to detail
  • Strong analytical skills, work ethic, problem solving ability, and overall positive attitude
  • Effective communication skills including verbal and written
  • Ability to manage time effectively, understand directions, and work independently in a fast-paced environment
  • Demonstrated flexibility, organization, and self-motivation
  • Adaptable to change

WORK ENVIRONMENT

The majority of work responsibilities are performed in an open office setting, carrying out detailed work sitting at a desk/table and working on the computer. Travel may be required.

EEO/AFFIRMATIVE ACTION STATEMENT

As an Equal Opportunity/Affirmative Action Employer, we welcome and employ a diverse employee group committed to meeting the needs of Bright Health, our consumers, and the communities we serve. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

We’re Making Healthcare Right. Together.

We are realizing a completely different healthcare experience where payors, providers, doctors, and patients can all feel connected, aligned and unified on the same team. By eradicating the frictions of competing needs, we are making it possible to give everyone more of what they want and deserve. We do this by:
 
Focusing on Consumers
We understand patient pain points, eliminating complexity while increasing transparency, for greater access and easier navigation.
 
Building on Alignment
We integrate and align individual incentives at all levels, from financing to optimization to delivery of care.
 
Powered by Technology
We employ our purpose built, integrated data platform to connect clinical, financial, and social data, to deliver exceptional outcomes.

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