Healthcare Informatics Financial Analyst III

Location

Birmingham, AL

Work Schedule

Hybrid schedule with some onsite work at the VIVA HEALTH corporate headquarters and some work-from-home opportunities.

Why VIVA HEALTH?

VIVA HEALTH, part of the renowned University of Alabama at Birmingham (UAB) Health System, is a health maintenance organization providing quality, accessible health care. Our employees are a part of the communities they serve and proudly partner with members on their healthcare journeys. VIVA HEALTH has been recognized by Centers for Medicare & Medicaid Services (CMS) as a high-performing health plan and has been repeatedly ranked as one of the nation's Best Places to Work by Modern Healthcare.

Benefits

• Comprehensive Health, Vision, and Dental Coverage
• 401(k) Savings Plan with company match and immediate vesting
• Paid Time Off (PTO)
• 9 Paid Holidays annually plus a Floating Holiday to use as you choose
• Tuition Assistance
• Flexible Spending Accounts
• Healthcare Reimbursement Account
• Paid Parental Leave
• Community Service Time Off
• Life Insurance and Disability Coverage
• Employee Wellness Program
• Training and Development Programs to develop new skills and reach career goals
• Employee Assistance Program

See more about the benefits of working at Viva Health - https://www.vivahealth.com/careers/benefits

Job Description

The Healthcare Informatics Financial Analyst III utilizes their skills with people, technology, data, and finance to support the organization’s need for analytics concerning overall corporate financial performance. This position collaborates with internal and external customers by researching, providing, and interpreting key utilization and cost metrics. This position will use critical thinking and problem-solving skills to assist in developing new approaches to complex business problems. The Healthcare Informatics Financial Analyst III will trend data, compare historical financial figures, make projections, and work with large data sets to pursue answers to complex questions. This position is responsible for quantitative analysis related to a variety of areas such as premium revenue, fee for service medical expense, capitated medical expense, and provider contracts for multiple business lines like commercial and Medicare Advantage. This position will primarily use SQL to extract data and use various mediums, such as Tableau, to translate and present complex information in an easy-to-understand way.

Key Responsibilities

• Present analysis to senior-level department staff and internal business partners, as well as having the ability to communicate effectively with external stakeholders.
• Develop project ideas, implement projects, and see through to completion.
• Perform provider contract analysis for both fee for service and capitated agreements; analyze incremental cost or savings related to proposed changes to existing provider contracts.
• Perform drill down analysis on specific high cost areas to identify primary drivers and potential solutions.
• Perform various analytical functions for multiple lines of businesses including but not limited to Medicare, Commercial, Medicaid, and Self Insured accounts.
• Prepare information and statistics as needed for annual Centers for Medicare and Medicaid Services (CMS) bid work.
• Assist with special projects and proposals that could include preparing reports, maintaining schedules, and performing data drill-down as needed, particularly in the areas of fee-for-service medical expense, capitation, and revenue.

REQUIRED:

• Bachelor's Degree
• 5 years of experience with financial analysis
• Experience in the insurance or health care field, particularly in Medical Economics or Informatics
• Proficiency with SQL and Tableau or other similar tools
• Ability to work under minimal supervision
• Ability to work in a team and influence others to drive change
• Excellent oral and written communication skills
• Excellent data querying and analytical skills using SQL and the ability to present data using applications such as Tableau
• Excellent modeling (including pro forma and what-if analyses), interpretive, and analytical skills using Excel
• Previous data analysis and validation experience partnering with stakeholders with a strong knowledge of systems, processes, and methodologies and ability to communicate those to technical and non-technical audiences
• Very strong understanding of accounting concepts including accruals, revenue/expense recognition, budgeting, etc.
• Excellent background in creating models that utilize financial and non-financial data
• Ability to handle multiple projects simultaneously and meet strict deadlines with a very high level of accuracy
• Willingness to work evenings and overtime to meet project deadlines
• Excellent customer service skills and a desire to be a team player
• Proficient in the Microsoft Office suite of products

PREFERRED:

• Master’s in Business Administration, Finance, Public Health, MIS, CIS, or related field
• Experience with other productivity tools such as Crystal Reports