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Underwriting & Rating Financial Analyst (Hybrid/Troy, MI) - Health Alliance Plan

Henry Ford Hospital

Troy, MI

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JOB DETAILS
SKILLS
Accounting, Accounts Receivable, Analysis Skills, Budgeting, Business Administration, Business Processes, Check Processing, Competitive Analysis/Strategy, Consulting, Continuous Improvement, Cost Analysis, Customer Relations, Customer Support/Service, Finance, Financial Analysis, Follow Through, Health Insurance, Identify Issues, Mathematics, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Multitasking, Organizational Skills, Presentation/Verbal Skills, Pricing, Problem Solving Skills, Procedure Development, Process Development, Project/Program Management, Request for Information (RFI), Request for Proposals (RFP), Revenue Forecasting, Risk Analysis, Sales, Spreadsheets, Statistics, Team Player, Underwriting, Writing Skills
LOCATION
Troy, MI
POSTED
11 days ago

General Summary:

Responsible for providing analytical and consulting support to the Risk Assessment & Rating department as it relates to Group Renewal process (Individual, Reform & Non-Reform); new business process, support and assist in recurring and/or special projects; develop and streamline processes which increase efficiencies within the department. Work extensively with database(s); prepare multiple documents, spreadsheets, and power point presentations relating to Risk Assessment & Rating projects and processes. Assist with planning and procedure development for the department.

Principal Duties and Responsibilities:

  • Develop and determine group quotes.
  • Respond to Request for Proposal/Request for Information (RFP/RFI).
  • Prepare analyses for competitor's rates and benefit data, state rate filings and membership & revenue projections based on department's practices and procedures.
  • Provide analytical support to Risk Assessment Analyst and Department Management.
  • Input information in the databases and maintain accuracy in the database(s).
  • As a key contact for the Risk Assessment & Rating department, interact professionally with Sales, BCT, Receivables and M&B; provide requested information and follow through on contacts as needed with diligent customer service.
  • Contact vendors and other clients to obtain/disburse information as appropriate.
  • Contribute to continuous improvement initiatives by suggesting process or procedure enhancements.
  • Serve as a resource for training and developing Junior Analysts.
  • Perform other related duties as assigned.

Education/Experience Required:

  • Bachelor's degree with a major in Finance, Business Administration, Accounting, Mathematics, Statistics.
  • Two (2) years' experience in underwriting, rate setting, cost analysis, statistics, budgeting or other related financial area.
  • Two (2) years' experience working with Microsoft Excel.
  • One (1) year experience in a health care or insurance environment is preferred.
  • Strong analytical, troubleshooting and problem solving skills.
  • Good grammar and proofreading skills; above average written and verbal skills.
  • Organized and customer focused.
  • Team oriented with a willingness to accept challenging work assignments.
  • Excellent Microsoft Office skills with an emphasis on Excel.
  • Aptitude for accuracy in arithmetic, checks and balances.
  • Advance knowledge of database functionality.
  • Ability to multi-task and manage several projects.

Additional Information

  • Organization: HAP (Health Alliance Plan)
  • Department: Underwriting and Pricing
  • Henry Ford Health Location: HAP (Health Alliance Plan)
  • Shift: Day Job
  • Union Code: Not Applicable

About the Company

H

Henry Ford Hospital