The Cigna Group Financial Operations Analyst - HYBRID in Morris Plains, New Jersey
THIS IS A HYBRID ROLE THAT REQUIRES ON SITE PRESENCE (Morris Plain, NJ)
This position will be responsible for interpreting client contracts to identify and set up of Performance 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.
SCOPE OF JOB
Position will be involved in the support of over 6,000 active clients with regards to establishing rebate sharing arrangements, rebate payments and analysis, interpreting contractual financial guarantee exclusions, financial guarantee reconciliations and analysis, and performance guarantee set ups and reporting.
Works under minimal supervision, through established procedures, to ensure appropriate assessment of Performance Guarantees.
Recommends resolution of identified issues during assessment as well as efficiency process improvements.
Work cross-functionally with business partners to research and analysis Performance guarantees.
Bachelor’s degree in related field (Business, Finance, Economics).
1+ years of relevant experience.
Strong analytical, planning, problem identification and resolution skills required.
Effective communication with internal and external individuals in various functional areas and at all levels of management.
Experience with client benefits and formularies highly preferred.
Understanding of and experience with quality and process improvement concepts, methodologies.
Proven ability to plan for and integrate multiple tasks concurrently as well as work independently.
ABOUT THE DEPARTMENT
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.
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
About The Cigna Group
Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.
Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.
The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.