Financial Analyst I

“Pay scale information is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any selected candidate or employee, which is always dependent on actual experience, education, qualifications, and other factors.  A full review of our comprehensive pay and benefits will be discussed at the offer stage with the selected candidate.”

This position is not eligible for Sponsorship.

MedImpact Healthcare Systems, Inc. is looking for extraordinary people to join our team!

Why join MedImpact? Because our success is dependent on you; innovative professionals with top notch skills who thrive on opportunity, high performance, and teamwork. We look for individuals who want to work on a team that cares about making a difference in the value of healthcare.

At MedImpact, we deliver leading edge pharmaceutical and technology related solutions that dramatically improve the value of health care. We provide superior outcomes to those we serve through innovative products, systems, and services that provide transparency and promote choice in decision making. Our vision is to set the standard in providing solutions that optimize satisfaction, service, cost, and quality in the healthcare industry. We are the premier Pharmacy Benefits Management solution!

Summary

The Financial Analyst I gathers, analyzes, and interprets complex datasets to produce reports for internal and external clients.   This role is responsible for conducting data development, pricing analysis, extracting value sets, and quantifying the impact of various benefit designs on client utilization costs.  This position has no direct reports.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

• Derive and build financial models based on internal departments and client requests to develop and improve business strategies.
• Develop cost analysis for clients to demonstrate the savings opportunities available.
• Understand benefit designs and adjust analyses as necessary based on clients’ customized plans.
• Analyze claim development, trend and anomalies in utilization.
• Create and build financial reporting as required by government entities.
• Maintain and write customized data-mining queries that produce meaningful and actionable results within recurring reports utilized by internal and external stakeholders within established guidelines.
• Provide consultation to internal and external stakeholders regarding trends, forecasting and future planning.
• Participate in development and implementation of initiatives to improve processes and procedures.
• Attend meetings and conference calls providing recommendations and explanations as needed.
• Adopt new techniques and technologies.
• Ensure work products satisfy internal compliance policies and are HIPAA compliant.
• Track work and collaboration with internal stakeholders in established systems according to defined procedures.
• Support the maintenance of team policies and procedural documentation.
• Assist with mentoring and training of less experienced team members as needed.
• Other duties as assigned.

Supervisory Responsibilities        

No supervisory responsibilities

Client Responsibilities

This is an internal and external client facing position that requires excellent customer service skills and interpersonal communication skills (listening/verbal/written).  One must be able to; manage difficult or emotional client situations; Respond promptly to client needs; Solicit client feedback to improve service; Respond to requests for service and assistance from clients; Meet commitments to clients.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

BS/BA and 2+ years’ experience or equivalent combination of education and experience

Computer Skills

• Excellent working knowledge of analytical tools and software to support data analysis and reporting
• Excellent working knowledge of SQL.
• Excellent working knowledge of relational databases.
• Comfortable working with large data sets
• Proficient working knowledge of Microsoft Excel
• Strong working knowledge of Microsoft office products including Outlook and Word.

Certificates, Licenses, Registrations

None required.

Other Skills and Abilities

• Ability to demonstrate highly developed analytical, critical thinking, and problem-solving skills.
• Ability to commit a high level of attention to detail.
• Ability to organize work in a systematic approach, easily followed by others.
• Ability to consistently prioritize and deliver work within specified timeframes.
• Ability to learn independently.
• Ability to apply judgement and learning from one project to another.
• Ability to interact with all levels of roles within the organization.  
• Ability to contribute positively to a collaborative culture.

Reasoning Ability

• Ability to apply common sense understanding to carry out simple one- or two-step instructions.  Ability to deal with standardized situations with only occasional or no variables.

• Ability to define problems, collect data, establish facts, and draw valid conclusions.

Mathematical Skills

• Ability to add and subtract two digit numbers and to multiply and divide with 10's and 100's.  Ability to perform these operations using units of American money and weight measurement, volume, and distance.

• Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

Language Skills

• Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents.    

• Ability to write routine reports and correspondence.  Ability to speak effectively before groups of customers or employees of organization.

Competencies To perform the job successfully, an individual should demonstrate the following competencies:

Composure

Decision Quality

Organizational Agility

Problem Solving

Customer Focus

Drive for Results

Peer Relations

Time Management

Dealing with Ambiguity

Learning on the Fly

Political Savvy

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to sit and talk or hear. The employee is regularly required to stand; walk; use hands to finger, handle, or feel and reach with hands and arms. Visual acuity at 20 inches. The employee must occasionally lift and/or move up to 25 pounds.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate (examples: business office with computers and printers, light traffic).

Work Location

This position works on-site at the San Diego Headquarters or other company location (or from a remote location with management approval based on business requirements). Must provide adequate support to internal clients; be available for regular interactions and coordination of work with other employees, colleagues, clients, or vendors; as well as be available to facilitate effective decisions through collaboration with stakeholders.

Working Hours

This is a full-time non-exempt position requiring one to be able to work overtime from time to time in order to get the job done.  Therefore, one must have the ability to work nights, weekends or on holidays as required.  This may be changed at any time to meet the needs of the business.  The typical working hours for this position are Monday through Friday from 8:00am to 5:00pm.

Travel

This position requires no travel however attendance maybe required at various local conferences and meetings.

• Medical / Dental / Vision / Wellness Programs
• Paid Time Off / Company Paid Holidays
• Incentive Compensation
• 401K with Company match
• Life and Disability Insurance
• Tuition Reimbursement
• Employee Referral Bonus

To explore all that MedImpact has to offer, and the greatness you can bring to our teams, please submit your resume to www.medimpact.com/careers

MedImpact, is a privately-held pharmacy benefit manager (PBM) headquartered in San Diego,
California. Our solutions and services positively influence healthcare outcomes and expenditures, improving the position of our clients in the market. MedImpact offers high-value solutions to payers, providers and consumers of healthcare in the U.S. and foreign markets.

To perform this job successfully, the successful candidate must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The above
statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.