Financial Data Analyst

Job description

Join us at our Letterkenny Open Evening to learn more about this role!

Join us at our Letterkenny offices on Tuesday 22nd November (4:30pm – 7:30pm) for our Opening Evening, and chat directly with hiring leaders to learn more about our careers and culture.

The event will have a special focus on opportunities across our Technology, OptumRx, Early Careers, Electronic Medical Records, Underwriting, Capitation, and Appeals & Grievances teams.

Please register to attend at https://optum.co/event

Financial Data Analyst

Optum, the fast-growing part of UnitedHealth Group, is a leading information and technology-enabled health services business. Our teams are dedicated to modernising the health care system and improving the lives of people and communities.

Serving virtually every dimension of the health system, we work with a diverse set of clients across 150 countries – from those who diagnose and treat patients to those who pay for care, deliver health services, and those who supply the cures. Optum maintains operations across North America, South America, Europe, Asia Pacific, and the Middle East. Our innovative partnerships provide technology and tools that enable unprecedented collaboration and efficiency. As a result, we can tap into valuable health care data to uncover insights and develop strategies for better care at lower costs.

Here at Optum, part of United Health Group we'll put you in the driver's seat on vital projects that have strategic importance to our mission of helping people lead healthier lives. Yes, we share a mission that inspires. We need your organizational talents and business discipline to help fuel ours. It's the opportunity to do your life's best work.

About The Role

As a Financial Data Analyst at Optum, you will be responsible for processing capitation, conducting variance analysis and reporting to support the monthly capitation payments to our Medical Groups, Hospitals and Ancillary providers or vendors. The Financial Data Analyst is essential for ensuring analysis of month-on-month data, identifying, documenting, and resolving issues to ensure accurate and timely payments.

The successful candidate will demonstrate excellent written and verbal communication, time management, and problem-solving skills. This individual must also be able to prioritise and effectively handle multiple priorities, exhibit energy, and a high commitment to drive to results in a challenging, fast-paced, and high-volume environment.

Primary Responsibilities of the Financial Data Analyst

  • Learn and build on knowledge of Capitation Operational processes, systems, procedures, and protocols. Learn and effectively use multiple platforms and systems
  • Perform and monitor production jobs, audit queries; run and analyze reports/variances, ensure payments are processed accurately
  • Produce variance analysis for preliminary capitation runs to ensure data is correct prior to running monthly capitation
  • Process manual adjustments and review Cap Payments to ensure the provider is paid timely and accurately per contracts and create backup where required
  • Ensure relevant Provider data and reporting is available to Provider according to deadlines
  • Research and resolve capitation questions from Network Mgmt., Provider Advocates, Finance, and other constituents; Also perform outreaches, follow up timely on queries
  • Independently problem solve, perform process reviews and reconciliations, research conflicting or identify inaccurate data
  • Produce various deep-dive data analyses and trend reporting, and research and explain variances in relation to membership and contract changes and capitation expenses
  • Collaborate with IT to ensure fixes are run to update data in the system and monitor outstanding tickets from submission to closure
  • Apply good judgement to challenge our current processes/procedures and submit recommendations to develop more efficient solutions
  • Identify and document process improvements, automation opportunities and collaborate with Team and IT on same

You will be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role, as well as providing development for other roles you may be interested in.

Required Qualifications of the Financial Data Analyst

  • Experience in an analytical function, such as Data Analyst, Finance Analyst, Accounts Payable, Accounting, etc.
  • Experience working with large data sets, including data manipulation, data mining, data analysis, and/or data visualisation
  • Ability to produce trend reports, research, and explain variances
  • Intermediate or above level experience in Microsoft Excel (pivot tables and simple formulas)
  • Ability to independently problem solve, research conflicting, or identify inaccurate data

Preferred Qualifications of the Financial Data Analyst

  • Capitation or healthcare financial analysis/accounts payable experience
  • Microsoft Access experience reporting/databases
  • Experience using data visualisation tools such as Tableau
  • Experience working with SQL

Please note you must currently be eligible to work and remain indefinitely without any restrictions in the country to which you are making an application. Proof will be required to support your application.

Careers with Optum. Here's the idea. We built an entire organization around one giant objective; make the health system work better for everyone. So when it comes to how we use the world's large accumulation of health-related information, or guide health and lifestyle choices or manage pharmacy benefits for millions, our first goal is to leap beyond the status quo and uncover new ways to serve. Optum, part of the UnitedHealth Group family of businesses, brings together some of the greatest minds and most advanced ideas on where health care must go in order to reach its fullest potential. For you, that means working on high performance teams against sophisticated challenges that matter. Optum, incredible ideas in one incredible company and a singular opportunity to do your life's best work.

Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer, and all qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

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