UnitedHealth Group

Compensation

Full Description

At UnitedHealthcare, we’re simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and equitable. Ready to make a difference? Join us to start Caring. Connecting. Growing together. The Senior Financial Regulatory Analyst will support the submission of timely, accurate, and complete regulatory reports, associated audits, and responses to regulatory inquiries, including internal and external ad-hoc requests. 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. This individual will: Manage the completion and submission of all regulatory financial reports for select Medicaid markets Coordinate the completion of regulatory audits of these financial regulatory reports, working with appropriate state personnel, business unit financial and operational staff Fielding regulatory desk review inquiries and any supplemental ad-hoc requests Analyze, design, develop, and implement data and process models related to new Medicaid programs, products, and/or area expansion requirements Primary Responsibilities: Analyze and prepare financial statements, including balance sheets and statements of financial position Prepare documentation in support of external and internal audits Review the work of others Support the accurate completion of all required financial regulatory reporting within mandated timelines Ensure that regulatory financial reports are compliant with regulatory requirements Review applicable state Medicaid communications and stay current on multiple state Medicaid financial reporting requirements Coordinate the preparation of written responses to routine inquiries and questions received from state Medicaid regulatory agencies related to the financial regulatory reports Regularly update management as regulatory reporting requirements change Support a wide range of state Medicaid reporting efforts Review and interpret financial statements, including balance sheet, statement of operations, and cash flow Validate and reconcile data received from multiple sources (i.e., claims processing systems, financial data repositories, Microsoft Excel and Access models, general ledger, etc.) Cross-check and complete final data validation of tables and/or exhibits related to the required Medical regulatory filings, including robust data analyses Participate in process improvement and automation initiatives designed to reduce the number of man hours involved with the filing processes and increase accuracy of reported data Work extensively with cross-functional areas (IT, Actuarial, Medical Economics, and Health Plan Accounting), especially during times of business and technological changes. Understand the implications of these changes and be able to operationalize the changes in the least disruptive way 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 in Mathematics, Statistics, Business Administration, Actuarial Sciences, Finance, or related field 3+ years of experience in Data Analytics and/or Financial Reporting Demonstrate technical and financial understanding of data repositories, contracts, claim system operations, and the resulting manipulation of data into financial regulatory reporting Expertise in data analytics, financial analysis and critical thinking (‘outside the box’) Advanced level of proficiency with Microsoft Office products (Excel, Access, Word) Reside within the USA Preferred Qualifications: Experience in preparing financial reporting for regulatory agencies Experience with PeopleSoft Financials, SAS/SQL, and Visual Basic, and Microsoft Query Healthcare Insurance experience Financial and/or Accounting experience handling regulated entities Solid working knowledge of GAAP and Statutory Accounting Principles Knowledge and proficiency of SAS, SQL, and/or Visual Basic Proven solid analytical skills, project management skills, and attention to detail Proven excellent oral and written communication skills Proven ability to perform effectively in matrix relationships Proven leadership skills, including ‘change agent’ capability, working with management to identify value-added opportunities and develop creative approaches to problem solving related to financial regulatory reporting Proven excellent interpersonal skills, ability to work with all levels of management across all functional areas as well as local, regional, and corporate entities Proven ability to understand and influence the necessary and appropriate actions to ensure completion and submission of all required regulatory reports and mandated timelines *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 $71,200 to $127,200 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.