HIH - Financial Analysis Senior Analyst

Posted Yesterday
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Hyderabad, Telangana, IND
In-Office
Senior level
Healthtech • Insurance
The Role
Interpret client contracts to set up financial, rebate, and pricing discount guarantees; prepare and reconcile reporting for Account Management; perform data analysis to resolve issues and support audits; communicate cross-functionally and lead special projects to improve Financial Client Operations processes.
Summary Generated by Built In

POSITION SUMMARY

If your niche is in financial reporting and analysis, underwriting, cash management, audit or investor relations, our Finance department may be a perfect fit for you. Our teams within Finance work together to ensure that spending stays on track and that we remain a profitable industry leader. We’re always on the lookout for innovative people who will bring outside-the-box thinking to our team.

This position will be responsible for interpreting client contracts to identify and set up Financial, Rebate, and Pricing Discount Guarantees. In addition, this position will assist in reconciliation reporting. This includes gathering results and preparing reporting to present to Account Management for distribution to clients. The position requires regular communication with cross functional areas in order to meet deadlines, including Client Pricing, Account Teams, IT, Audit, etc. The ability to communicate requests, results, and issues effectively with team members, management, and cross functional areas is essential. The successful candidate will also be expected to proactively contribute to driving and developing best practices across the Financial Client Operations team.

ESSENTIAL FUNCTIONS

  • Review of client contracts and setting up of Financial, Rebate, and Pricing Discount Guarantees in respective systems.
  • Development, analysis, validation and communication of reporting provided to Account Management.
  • Communicate cross functionally with various departments via set up conference calls.
  • Conduct special projects as assigned.
  • Assist Account Management with issue resolution by providing data analysis and special reporting requests.  
  • Provide data and answer questions to assist with Internal and External Audits.

QUALIFICATIONS

  • Bachelors degree in Business, Finance, Economics, Accounting.
  • 3 to 5 years of experience with degree.
  • Excellent PC skills with ability to utilize MS Excel and Access.
  • Knowledge of PBM and healthcare industry preferred.

COMPETENCIES / SKILLS

  • Excellent customer service with strong verbal & written communication.
  • Strong Analytical Skills.
  • Detail oriented with Critical problem-solving and analytical skills
  • Ability to organize and plan multiple projects.
  • Ability to demonstrate self-initiative, work cross functionally to resolve issues as they occur.
  • Proven ability to work under tight deadlines.

About Evernorth Health Services

Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.

Skills Required

  • Bachelor's degree in Business, Finance, Economics, or Accounting
  • 3 to 5 years of relevant experience
  • Proficiency with Microsoft Excel
  • Proficiency with Microsoft Access
  • Experience interpreting client contracts and setting up financial/rebate/pricing discount guarantees
  • Experience with financial reporting, reconciliation, and data analysis
  • Strong verbal and written communication skills
  • Strong analytical and critical problem-solving skills
  • Detail oriented with ability to organize and manage multiple projects
  • Ability to work cross-functionally and demonstrate self-initiative
  • Knowledge of PBM and healthcare industry

Cigna Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cigna and has not been reviewed or approved by Cigna.

  • Strong & Reliable Incentives Strong bonus outcomes are frequently highlighted, with annual bonuses described as really good alongside above-average salary levels. Stock or long-term incentive elements are also noted as part of the overall package in some roles.
  • Leave & Time Off Breadth Time-off benefits are portrayed as a meaningful part of total rewards, including generous PTO and flexibility that can enhance the perceived value of compensation. Flexible work-from-home arrangements are repeatedly linked with satisfaction about the overall package.
  • Healthcare Strength Health coverage is described as broad in design, with preventive care often covered at no charge in-network and options like virtual care and wellness incentives. A large provider network and strong digital tools are positioned as practical advantages when using benefits.

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The Company
HQ: Bloomfield, CT
74,000 Employees
Year Founded: 1982

What We Do

At Cigna, we're more than a health insurance company. We are your partner in total health and wellness. And we’re here for you 24/7 – caring for your body and mind. As a global health service company, Cigna's mission is to improve the health, well-being, and peace of mind of those we serve by making health care simple, affordable, and predictable. Our values are the core of our culture. Our values guide how all 74,000 of us around the world work together, serve our customers, patients, clients, communities, and deliver on our mission.

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