Financial Consultant, Cap Revenue Healthcare Economics

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Auburndale, MA, USA
In-Office
73K-130K Annually
Mid level
Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
The Role
Lead and perform complex financial analyses, forecasting, budgeting, and revenue modeling for Optum Massachusetts. Develop reports, financial models, and recommendations; partner with business leaders, support program and initiative evaluation, automate reporting, and serve as a consultant or project lead to improve profitability and drive data-informed decisions.
Summary Generated by Built In
Requisition Number: 2352737
Explore opportunities at Atrius Health, part of the Optum family of businesses. We're an innovative health care leader and multi-specialty group practice, delivering an effective, connected system of care for adult and pediatric patients at 28 practice locations in eastern Massachusetts. Our entire team of providers (physicians, AP/NPs and ancillary clinicians) works collaboratively with a value-based philosophy within our group practice as well as with hospitals, rehab and nursing facilities. Be part of our vision to transform care and improve lives by building trust, understanding and shared decision-making with every patient. Join us and discover the meaning behind Caring. Connecting. Growing together.
Position in this function is under the general direction of the Associate Director, Healthcare Economics Optum Massachusetts, the Financial Consultant, Healthcare Economics Optum Massachusetts coordinates and oversees the more complex/critical financial analyses projects and studies, in areas such as budgets, financial plans, utilization, statistical reports, cash flow projections, revenue, and business forecasts for Optum Massachusetts. Exercises considerable latitude in approach and analyses. Interprets the results and provides alternatives for further consideration. Develops and implements new techniques for financial analyses as needed. Uses professional concepts and company policies to solve a wide range of difficult problems in imaginative or creative ways. Serves as a consultant to staff members and managers in a range of departments and locations. May function as a lead financial analyst, providing advice, training, and oversight to lower-level analysts.
You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.
Primary Responsibilities:
  • Analyzes and audits financial, budgetary, revenue and/or medical claims information to determine present and future financial performance and to ensure necessary compliance with policies, procedures, and regulations
  • Develops, maintains, and analyzes monthly financial reports to clearly communicate actual results, forecasted performance, and variances to forecast, budget, and prior year. Works closely with the business leadership to develop, recommend and establish strategies, plans, and processes to improve profitability and cost efficiencies
  • Monitors and performs on-going analysis for the development and management of programs, initiatives or budgets in major areas or categories, provides support through forecasting, statistical analyses, trending, regression analyses, risk assessment, utilization assessment and creates financial model development. Identifies key issues and trends and submits reports or makes presentations to management explaining problems and making recommendations for changes
  • Automates and produces concise, well-formatted reports that communicate a clear, compelling message for business leaders. Analyzes, summarizes, and prepares recommendations regarding financial plans, budget planning and operating forecasts
  • Develops budgets, financial planning tools, pro forma models and other materials needed to fulfill corporate financial requirements. Develops analytical methods and presentation formats for interpreting data to assist managers in decision-making (i.e., return on investment analyses, rate of return assessment, capital outlay analyses, facilities reinvestment proposals and contract negotiations)
  • Partners with Optum Massachusetts Budget team to ensure consistency and alignment to targets, reporting metrics and variance bridges
  • Supports business case analysis on key strategic growth and cost initiatives
  • Develops and conducts special studies to analyze complex financial actions and prepares recommendations for policy, procedure, control, or action. Identifies areas for review and conducts analyses. Analyses may be focused on a single or multiple location, clinical or nonclinical operations or single or multiple cost/revenue/budget items. Frequently reviews and analyzes information submitted by others, providing feedback and recommendations as needed
  • May serve as project leader for financial projects ensuring the integrity, accuracy and consistency of financial information, reports and/or databases. Defines the issues and scopes of assigned projects. Determines approach and methodology. Prepares and presents interpretation of findings. May participate in the development of consequent financial strategies or tactics
  • Serves as consultant and liaison to staff members in a variety of departments and locations. Provides interpretation of financial policies, governmental legislation, accounting theory, or financial regulations
  • Recommends cost saving or profit generating opportunities and profitability improvement strategies. Provides support and direction on financial issues and/or problems affecting performance and projections
  • Ensures all necessary data is captured electronically. Monitors and audits the data flow. Identifies and resolves data gaps
  • With the approval of the Executive Director, may serve as liaison with outside organizations
  • Performs other duties as assigned
  • SUPERVISORY RESPONSIBILITIES
    • May play lead role with lower level or less experienced analysts

You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:
  • Bachelor's degree
  • 4+ years of experience in financial, accounting or data analyses
  • Proven background in financial modeling and forecasting
  • Proven excellent analytical and quantitative skills including statistical analyses
  • Proven detail oriented with strong technical writing, communication, and presentation skills
  • Demonstrated project management skills
  • Proven solid computer skills, including Microsoft Excel and SQL, and experience in computer modeling

Preferred Qualifications:
  • Accounting or finance (or equivalent education, training or experience)
  • Experience in healthcare

OTHER REQUIREMENTS
  • Able to use all electronic tools and applications relevant to the performance of the duties of the position, including but not limited to phone, keyboard, computer, and computer applications
  • Performs all job functions in compliance with applicable federal, state, local and company policies and procedures
  • Accesses only the minimum necessary protected health information (PHI) for the performance of job duties
  • Actively protects the confidentiality and privacy of all protected health information they access in all its forms (written, verbal, and electronic, etc.) taking reasonable precautions to prohibit unauthorized access. Complies with all Optum MA and departmental privacy policies, procedures, and protocols. Follows HIPAA privacy guidelines without deviation when handling protected health information

WORKING CONDITIONS / PHYSICAL DEMANDS
  • Busy office environment with frequent deadlines and interruptions.

*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy
Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $72,800 - $130,000 annually based on full-time employment. We comply with all minimum wage laws as applicable.
Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.
At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.
UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.

Skills Required

  • Bachelor's degree
  • 4+ years of experience in financial, accounting or data analyses
  • Proven background in financial modeling and forecasting
  • Excellent analytical and quantitative skills including statistical analyses
  • Detail oriented with strong technical writing, communication, and presentation skills
  • Demonstrated project management skills
  • Solid computer skills, including Microsoft Excel and SQL
  • Experience in computer modeling
  • Accounting or finance education, training, or equivalent experience
  • Experience in healthcare
  • Ability to use electronic tools and applications (phone, keyboard, computer)
  • Perform duties in compliance with federal, state, local and company policies and procedures
  • Access only minimum necessary PHI and follow HIPAA/privacy policies

What the Team is Saying

Optum Compensation & Benefits Highlights

  • Leave & Time Off Breadth — PTO is generally described as decent or good, and many note it as a strong part of the package. Actual ability to take time off can depend on workload and team coverage.
  • Retirement Support — Offerings include a 401(k) with employer match and access to an employee stock purchase plan, which are highlighted as meaningful components of total rewards. These programs are consistently referenced among core benefits.
  • Parental & Family Support — Parental and caregiver leave, along with adoption assistance, are publicly highlighted and viewed as notable elements of the package. Availability can be role-specific, but these supports contribute to overall breadth where offered.

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The Company
HQ: Eden Prairie, MN
160,000 Employees
Year Founded: 2011

What We Do

Optum, part of the UnitedHealth Group family of businesses, is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together. At Optum, we support your well-being with an understanding team, extensive benefits and rewarding opportunities. By joining us, you’ll have the resources to drive system transformation while we help you take care of your future. We recognize the power of connection to drive change, improve efficiency and make a difference in health care. Join a team where your skills and ideas can make an impact and where collaboration is key to creating technology that produces healthier outcomes.

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Optum Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Optum has three workplace models that balance the needs of the business and the responsibilities of each role. These models, core on‑site (5 days/week), hybrid (4 days/week) and telecommute or fully remote, vary by country, role and location.

Typical time on-site: Not Specified
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