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Cigna Healthcare

HIH - Financial Analysis Senior Analyst

Cigna Healthcare · Hyderabad, Telangana, India

Hospitals and Health Care · 10,001+ employees

20 h ago
Mid (2-5 yrs) Full-time India
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About the role

This role involves interpreting client contracts to set up financial, rebate, and pricing discount guarantees while managing reconciliation reporting. The analyst will also collaborate with cross-functional teams to resolve issues and provide data analysis for internal and external audits.

What they look for

Financial reporting Financial analysis Underwriting Cash management Audit Investor relations Contract interpretation Reconciliation reporting Data analysis MS Excel MS Access Communication Problem-solving Project management

Requirements

Candidates must hold a bachelor's degree in Business, Finance, Economics, or Accounting with 3 to 5 years of relevant experience. Proficiency in MS Excel and Access is required, with preference given to those with knowledge of the PBM and healthcare industry.

Full description

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.