The Job Network

Financial Analyst

companyGreat Lakes Integrated Network, Inc.
locationBuffalo, NY, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Position Summary

The Financial Analyst will provide analytic support for all provider and payer contracting, value-based reimbursement design, modeling, and verification, as well as updating and creating reporting for groups in GLIN

Duties and Responsibilities (including but not limited to)

  • Support, and at times lead, special projects and ongoing performance improvement, growth, and population health initiatives across the enterprise
  • Conduct analyses that deliver effective decision-making support by analyzing complex financial information, forecasting business, industry, and economic conditions, and presenting implications and innovative solutions to senior management
  • Design and develop analytic models using Excel and Tableau for value-based reimbursement programs both with payers and providers, across multiple business lines, including Commercial, Medicare Advantage, Medicaid, and Government Programs
  • Creates and implements methodology using multiple techniques to forecast the financial performance of value-based contracts. This can include probability and statistics or actuarial techniques
  • Develop and foster internal relationships across the corporation. Provide analytic and consultative support to a broad spectrum of internal customer areas and external business partners.
  • Provide reasoning for variances and make recommendations relative to the accounting of reserves, assets, and expenditures.
  • Provides analytical support for value-based programs, including independently monitoring/measuring the performance of the initiatives by leveraging utilization, financial, clinical, and benchmark data from multiple internal and external sources. Will perform analysis, summarize results, and oversee value-based payments

Qualifications or Education, Training, and Experience

  • Education: Bachelor’s degree in mathematics, actuarial, finance, business or related field or comparable work experience, with an analytical/quantitative, healthcare, business or technical focus
  • Minimum of two years’ experience in financial/actuarial or other types of analytical modeling role
  • Minimum of one year experience in a healthcare or health insurance setting.

Knowledge, Skills, and Abilities:

  • Excellent communication skills, including presentation of complex topics, written, and oral communication
  • Must be skilled in Microsoft suite:
    • Excel – Proficient
    • PowerPoint – Proficient
    • Word – Proficient
  • Analytical
  • Problem-solving
  • Project management
  • Interpersonal
  • Business acumen
  • Strategic thinking
  • Initiative
  • Innovation
  • Judgement

We offer an outstanding benefits package including health, dental, 401K, vacation, and PTO, as well as a great working environment.

Pay range $65,000 to $90,000

The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within job’s compensation range, and will be determined by considering factors including, but not limited to market data, education, experience, qualifications, expertise of the individual, and internal equity considerations.

Equal Employment

Our culture encourages individual development, embraces an inclusive environment, rewards innovative excellence, and leads New York in provider and patient satisfaction. Great Lakes Integrated Network (GLIN) values diversity, inclusion, and equity as matters of fairness and effectiveness. We are committed to hiring and retaining a staff that reflects the diversity of the communities we serve, fostering an inclusive working environment where staff of all backgrounds feels welcomed and engaged.

Great Lakes Integrated Network is an Equal Opportunity Employer

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