BlueCross BlueShield of Western New York

About BlueCross BlueShield of Western New York


Job Category:



United States

Postal Code:


Approximate Salary:

Not Specified

Position Type:

Full Time

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Financial Analyst I

Posted: 09/21/2018

Auto req ID 1939BR Company BlueCross BlueShield of WNY About Us BlueCross BlueShield of Western New York is a division of HealthNow New York Inc., one of New York’s leading health care companies that provides access to quality health care and solutions for members throughout Upstate New York. Since 1936, BlueCross BlueShield has helped millions of people gain access to health care. Headquartered in Buffalo, NY, the company is an independent Licensee of the BlueCross BlueShield Association. As the region’s leading health plan, serving over 800,000 members, BlueCross BlueShield believes in taking small steps towards healthier living. You can visit our website at Title Financial Analyst I Position Posting Location Buffalo Status Full Time Regular Hours As required Job Description Under immediate supervision, the Financial Analyst I performs individual project tasks and detailed financial analyses, as requested, using basic calculations. The incumbent develops analytical reports that assist with the organization's financial performance and trends. The analyst provides data collection and verification of internal and regulatory reporting. Primary Responsibility - Performs and manages tasks and projects related to financial analysis and planning, including but not limited to premium rate calculation, claim reserve estimation, trend analysis, provider arrangement evaluation and analysis, underwriting, government product reporting, membership reporting, product development, budget planning and other special projects
- Provides support for regulatory reporting
- Develops and implements data analysis, interpretation, and presentation of data to support quality initiatives and regulatory reporting
- Designs and completes reports and studies for a variety of projects to enhance operations and identify issues
- Creates complex financial models and develops ad hoc analysis with organization-wide impact
Knowledge and Skills - Strong analytic skills with the ability to recognize and recommend solutions to problems relating to project data and information
- Demonstrates a general understanding of healthcare financial levers
- Intermediate proficiency with Excel, Word, Access and PowerPoint
- Effective oral and written communication skills
- Ability to communicate clearly and concisely with all levels of the organization
- Ability to create and present effective and credible presentations
Experience - Minimum one (1) year of prior experience in financial analysis requiring a strong math, statistics, or finance background required Education Required Education:

- Bachelors Degree in Accounting, Finance, Business Administration, or related area of study required
- MBA or Masters Degree preferred
Working Conditions - Must be able to work in an office environment
- Manual Dexterity Req: Eye-hand coordination and manual dexterity sufficient to effectively use a computer with all its components for prolonged periods of time and for the majority of required tasks
- Manual Dexterity Req: Eye-hand coordination and manual dexterity sufficient to effectively utilize various office equipment (phone, computer, fax machine, printer, copier, filing cabinet, etc)
- Physical Effort: Minimum; typical of most office work. Mostly sedentary work.
- Vision Req: Close vision (clear vision at 20 inches or less)
EEO Statement All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, or disability status. Removal Date 14-Aug-2019

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