Talent.com
No longer accepting applications
Sr. Financial Analyst, Health Plan Finance (Hybrid)

Sr. Financial Analyst, Health Plan Finance (Hybrid)

New Jersey StaffingSecaucus, NJ, US
3 days ago
Job type
  • Full-time
  • Part-time
Job description

Senior Financial Analyst

Job Description Pay Range : $96,000 - $120,000 / year Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. Successful candidates may be eligible to receive annual performance bonus compensation.

Benefits Information : We are proud to offer best-in-class benefits and programs to support employees and their families in living healthy, happy lives. Our pay and benefit plans have been designed to promote employee health in all respects - physical, financial, and developmental. Depending on whether it is a part-time or full-time position, some of the benefits offered may include :

  • Day 1 Medical, supplemental health, dental & vision for FT employees who work 30+ hours
  • Best-in-class well-being programs
  • Annual, no-cost health assessment program Blueprint for Wellness
  • HealthyMINDS mental health program
  • Vacation and Health / Flex Time
  • 6 Holidays plus 1 "MyDay" off
  • FinFit financial coaching and services
  • 401(k) pre-tax and / or Roth IRA with company match up to 5% after 12 months of service
  • Employee stock purchase plan
  • Life and disability insurance, plus buy-up option
  • Flexible Spending Accounts
  • Annual incentive plans
  • Matching gifts program
  • Education assistance through MyQuest for Education
  • Career advancement opportunities
  • And so much more!

The Sr. Financial Analyst supports the financial and operational evaluation of prospective Health Plan contracts, providing consulting and recommendations to insure growth and profitability of third-party payors. Towards this goal, works closely with Health Plan Sales, Regional Finance and Health Plans Finance Contract Support Manager. Partners with representatives of the Health Plan sales organization in response to contract proposals for regional and national contracts.

Responsibilities :

  • Performs all financial analyses required for prospective third-party contracts including the compilation of fee schedules, revenue projections, synergy analyses and "what-if" scenarios
  • Ownership of full Profit & Loss statements along with related financial measures. Understanding of the drivers and inputs to each financial line item and / or financial measure
  • Calculates specific CAP PMPM rates and develops CPT based fee schedules for key regional and national contracts
  • Develops utilization and membership corridors and integrates such corridors into contracts where applicable to protect the Company from downstream risk with capitated arrangements
  • Supports the development of standard premium priced tests, capitation carve-outs and overall pricing guidelines
  • Works closely with the Clinical Franchise department to ensure that pricing guidelines for high value and new test campaigns are considered in prospective contracts
  • Serves as a content expert to regional leadership regarding third party contracts and pricing strategies
  • Interfaces directly with regional leadership regarding the price, volume, and cost implications associated with new and existing third-party contracts
  • Develops methods to streamline the pricing review and authorization process for third-party contracts
  • Responsible for the completion of financial elements, and overall review of negotiation approval documents
  • Interacts with Legal department during contract review and approval
  • Performs specific test campaign analyses to determine the prospective revenue and volume impact for key test initiatives
  • Partners with Billing function to review, disseminate, and recommend enhancements to third-party data used to build financial models
  • Supports the annual budget process providing details and insights on known and potential contract changes in the coming year
  • Ad-hoc projects as needed
  • Qualifications :

  • Bachelor's degree
  • A minimum of three years relevant financial analysis / financial modeling experience
  • Strong understanding of the healthcare industry and health plans specifically (product types, trends, etc.)
  • Strong financial and analytical skills
  • Innovative thinker comfortable with ambiguity to complete tasks
  • Ability to work effectively cross-functionally in a matrix environment and build / maintain relationships
  • Excellent verbal and written communication skills
  • Ability to work effectively both independently and within a team
  • Strong PC skills (Excel, Access, PowerPoint, Word) - Proficiency in Excel is non-negotiable (VLookups, Sumifs, Iferror, etc)
  • Other PC skills preferred (Power BI, SQL, Python)
  • 31190 Quest Diagnostics honors our service members and encourages veterans to apply. While we appreciate and value our staffing partners, we do not accept unsolicited resumes from agencies. Quest will not be responsible for paying agency fees for any individual as to whom an agency has sent an unsolicited resume. or any other legally protected status. Equal Opportunity Employer : Race / Color / Sex / Sexual Orientation / Gender Identity / Religion / National Origin / Disability / Vets

    Create a job alert for this search

    Sr Financial Analyst • Secaucus, NJ, US

    Related jobs
    • Promoted
    Sr Financial Analyst, Retirement

    Sr Financial Analyst, Retirement

    Voya FinancialNew York, NY, US
    Part-time
    Together we fight for everyone's opportunity for a better financial future.We will do this together with customers, partners, and colleagues. We will fight for others, not against : We will stand up...Show moreLast updated: 3 days ago
    • Promoted
    Sr Operational Insights Analyst (Hybrid)

    Sr Operational Insights Analyst (Hybrid)

    Selective InsuranceMillburn, NJ, United States
    Full-time
    At Selective, we don't just insure uniquely, we employ uniqueness.Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards a...Show moreLast updated: 10 days ago
    • Promoted
    Sr Financial Analyst, MSNBC

    Sr Financial Analyst, MSNBC

    NBCUniversalNew York, NY, US
    Full-time
    NBCUniversal is one of the world's leading media and entertainment companies.We create world-class content, which we distribute across our portfolio of film, television, and streaming, and bring to...Show moreLast updated: 30+ days ago
    • Promoted
    Sr. Financial Analyst, FP&A - Ad Sales Finance

    Sr. Financial Analyst, FP&A - Ad Sales Finance

    NBCUniversalNew York, NY, US
    Full-time
    Financial Analyst, FP&A - Ad Sales Finance.NBCU National Ad Sales is a ~1300 person organization supporting approximately $8Bn of revenue across Broadcast, Cable, Hispanic and Digital Platforms wh...Show moreLast updated: 30+ days ago
    • Promoted
    Strategic Finance Analyst

    Strategic Finance Analyst

    OrchardNew York, NY, US
    Full-time
    Orchard is radically simplifying the way people buy and sell their homes.For the average American, the home purchase and sale process takes months, creates anxiety, and is filled with uncertainty a...Show moreLast updated: 30+ days ago
    • Promoted
    Sr Financial Analyst

    Sr Financial Analyst

    First StudentStaten Island, NY, US
    Full-time
    At First Student, we are a family of 60,000+ employees who take pride in safely transporting more than 5 million students and passengers to and from their destinations each day! Our family of brand...Show moreLast updated: 3 days ago
    • Promoted
    Sr Director, Financial Planning & Analysis

    Sr Director, Financial Planning & Analysis

    PayPalNew York, NY, US
    Full-time
    Director, Finance, PayPal Credit And Financial Services.PayPal Credit and Financial Services Division consists of a multi-billion-dollar U. Consumer Credit business, an International Consumer Credit...Show moreLast updated: 7 days ago
    • Promoted
    Sr. Financial Analyst - Ad Sales

    Sr. Financial Analyst - Ad Sales

    Paramount GlobalNew York, NY, US
    Full-time
    WeAreParamount on a mission to unleash the power of content you in? We've got the brands, we've got the stars, we've got the power to achieve our mission to entertain the planet now all we're miss...Show moreLast updated: 10 days ago
    • Promoted
    Financial Planning & Analysis (FP&A)

    Financial Planning & Analysis (FP&A)

    DamcoNew York, NY, US
    Full-time
    The purpose of this position is to support FP&A reporting platforms and associated technical processes.Responsible for all techno functional support aspects of current FP&A applications (with ERP / G...Show moreLast updated: 30+ days ago
    • Promoted
    Sr. Financial Analyst - Brand Finance

    Sr. Financial Analyst - Brand Finance

    KnitWell GroupNew York, NY, US
    Full-time
    As Senior Financial Analyst you will be a core member of the finance team, responsible for providing financial analysis, insights, and strategic guidance to support leadership & key business partne...Show moreLast updated: 30+ days ago
    • Promoted
    Financial Risk Analytics Sr. Specialist

    Financial Risk Analytics Sr. Specialist

    Bank of AmericaNew York, NY, United States
    Full-time
    New York, New York;Charlotte, North Carolina.To proceed with your application, you must be at least 18 years of age.To proceed with your application, you must be at least 18 years of age.At Bank of...Show moreLast updated: 6 days ago
    • Promoted
    Business Planning Financial Analyst

    Business Planning Financial Analyst

    Charter CommunicationsStamford, CT, United States
    Full-time
    This role requires the ability to work lawfully in the U.Do you get excited by new innovations in technology? Are you someone who enjoys leveraging data to create a better experience for customers ...Show moreLast updated: 6 days ago
    • Promoted
    Sr. Analyst, Compensation Programs

    Sr. Analyst, Compensation Programs

    Warner Bros. DiscoveryNew York, New York, United States
    Full-time
    Discovery, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.Discovery… the stuff dreams are...Show moreLast updated: 18 days ago
    • Promoted
    Finance Analyst III

    Finance Analyst III

    FHI 360New York, NY, United States
    Full-time
    STRengthening Infectious disease DEtection Systems (STRIDES) Activity.Government's Global Health Security (GHS) and other global health investments to enhance diagnostic networks and surveillance c...Show moreLast updated: 30+ days ago
    • Promoted
    Analyst, Financial - FLDP

    Analyst, Financial - FLDP

    New Jersey StaffingSecaucus, NJ, US
    Full-time +1
    Quest Finance Leadership Development Program.Quest Diagnostics is looking to hire motivated students for our Quest Finance Leadership Development Program (QFLDP). QFLDP has been designed to provide ...Show moreLast updated: 3 days ago
    • Promoted
    Sr. Financial Analyst, Ad Sales Finance- NBC Entertainment

    Sr. Financial Analyst, Ad Sales Finance- NBC Entertainment

    NBCUniversalNew York, NY, US
    Full-time
    Financial Analyst, Ad Sales Finance- NBC Entertainment.NBCUniversal is one of the world's leading media and entertainment companies. We create world-class content, which we distribute across our por...Show moreLast updated: 30+ days ago
    • Promoted
    Sr Manager, Financial Planning & Analysis

    Sr Manager, Financial Planning & Analysis

    PayPalNew York, NY, US
    Full-time
    Manager / Sr Manager Of Consumer Finance.The Manager / Sr Manager of Consumer Finance will support financial planning and reporting processes within the Consumer Finance BU spanning different products ...Show moreLast updated: 7 days ago
    • Promoted
    Manager Financial Planning and Analysis

    Manager Financial Planning and Analysis

    JetBlue AirwaysLong Island City, NY, US
    Full-time
    Manager Financial Planning and Analysis.Location : Long Island City, NY, US, 11101.Position Title : Manager Financial Planning and Analysis - Loyalty. The Manager Financial Planning and Analysis suppo...Show moreLast updated: 10 days ago