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Analyst, Financial II

Analyst, Financial II

BlueCross BlueShield of South CarolinaColumbia, SC, US
30+ days ago
Job type
  • Full-time
Job description

Contracts Reviewer

Why should you join the BlueCross BlueShield of South Carolina family of companies? Other companies come and go, but we've been part of the national landscape for more than seven decades, with our roots firmly embedded in the South Carolina community. We are the largest insurance company in South Carolina and much more. We are one of the nation's leading administrators of government contracts. We operate one of the most sophisticated data processing centers in the Southeast. We also have a diverse family of subsidiary companies, allowing us to build on various business strengths. We deliver outstanding service to our customers. If you are dedicated to the same philosophy, consider joining our team!

Position Purpose :

This position will be responsible for reviewing contracts within our risk management program, assist with insurance renewals, and assist with items associated with the captive as well as Ad Hoc and scheduled reporting on claims.

Logistics : BlueCross and BlueShield of South Carolina-Corporate

Location : This position is full-time (40-hours / week) Monday-Friday in a typical office environment. You will work an 8-hour shift scheduled during our normal business hours of 8 : 00AM-5 : 00PM. This role is located at 4101 Percival Road, Columbia, SC 29229.

What You'll Do :

Performs moderately complex statistical, cost and financial analysis of data to determine costs of business activities. Interprets financial transactions in order for management to make economic or business decisions, determine past financial performance, banking and investment fees and income analysis, and / or to project a financial probability.

Develops financial reports for forecasting / trending / results analysis. Helps gather information / assists in preparation of annual strategic plan and operating plans. Prepares materials for presentation. Participates in the creation of data marts, involving complex calculation of source data to achieve end results in a data element that can be queried efficiently / effectively. Records / classifies / summarizes financial transactions and events in accordance with GAAP.

Responsible for assisting with the functions of the corporate budget model. May recommend budget adjustments, and other cost improvement measures. Provides summary and detailed cost and budget reports and analyses to management or other financial analysts.

Applies working knowledge of applicable laws and regulations. Verifies documents for completeness and compliance. Ensures expenses are allocated appropriately and exercises judgment within defined procedures and practices to determine appropriate action to resolve out of balance issues and related system problems.

Assists with updating the accounting system with procurement related information. Monitors the indirect cost pools established for the company.

To Qualify For This Position, You'll Need The Following :

Required Education : Bachelor's in a job-related field.

Required Work Experience : 2 years of financial analysis experience.

Required Software and Other Tools : Excellent understanding of Microsoft Office.

Required Skills and Abilities : Strong communication. Able to compile information, design reports and analyze data. Excellent research and analytical skills. Knowledge of group financial statements. Academic and practical knowledge of generally accepted accounting principles (GAAP).

We Prefer That You Have The Following :

Preferred Work Experience : Experience with professional liability or commercial insurance risk insurance.

Preferred Software and Other Tools : Proficiency in Microsoft Word and Excel.

Our Comprehensive Benefits Package Includes the Following : We offer our employees great benefits and rewards. You will be eligible to participate in the benefits the first of the month following 28 days of employment.

Subsidized health plans, dental and vision coverage

401k retirement savings plan with company match

Life Insurance

Paid Time Off (PTO)

On-site cafeterias and fitness centers in major locations

Education Assistance

Service Recognition

National discounts to movies, theaters, zoos, theme parks and more.

What We Can Do for You : We understand the value of a diverse and inclusive workplace and strive to be an employer where employees across all spectrums have the opportunity to develop their skills, advance their careers and contribute their unique abilities to the growth of our company.

What To Expect Next : After submitting your application, our recruiting team members will review your resume to ensure you meet the qualifications. This may include a brief telephone interview or email communication with our recruiter to verify resume specifics and salary requirements.

Equal Employment Opportunity Statement : BlueCross BlueShield of South Carolina and our subsidiary companies maintain a continuing policy of nondiscrimination in employment to promote employment opportunities for persons regardless of age, race, color, national origin, sex, religion, veteran status, disability, weight, sexual orientation, gender identity, genetic information or any other legally protected status. Additionally, as a federal contractor, the company maintains affirmative action programs to promote employment opportunities for individuals with disabilities and protected veterans. It is our policy to provide equal opportunities in all phases of the employment process and to comply with applicable federal, state and local laws and regulations.

We are committed to working with and providing reasonable accommodations to individuals with disabilities, pregnant individuals, individuals with pregnancy-related conditions, and individuals needing accommodations for sincerely held religious beliefs, provided that those accommodations do not impose an undue hardship on the Company.

If you need special assistance or an accommodation while seeking employment, please email

mycareer.help@bcbssc.com

or call 800-288-2227, ext. 47480 with the nature of your request. We will make a determination regarding your request for reasonable accommodation on a case-by-case basis.

We participate in E-Verify and comply with the Pay Transparency Nondiscrimination Provision. We are an Equal Opportunity Employer. Here's

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Financial Analyst Ii • Columbia, SC, US

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