Senior Claims Finance Analyst
New
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Branch Financial, LLCInsurance
Ohio, AZ, FL, GA, IL, IN, IA, KS, KY, MD, MI, MO, NV, NC, OH, PA, SC, SD, TN, TX, and WI.Full-TimeSenior
Salary not disclosed
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Job Details
- Experience
- 2-4 years
- Required Skills
- SQLMicrosoft ExcelData visualization
Requirements
- Bachelor’s degree in Finance, Accounting, Economics, Statistics, or another quantitative field.
- 2-4 years of experience in financial analysis, data analytics, or a similar role.
- Experience in the insurance industry with a focus on claims finance or related functions are a plus.
- Proficiency in Excel.
- Proficiency in SQL.
- Proficiency in data visualization tools for financial analysis and reporting.
- Understanding of P&L reporting, including expense analysis, revenue analysis, and profitability assessment.
- Detail-oriented mindset with a commitment to accuracy in reporting and analysis for monthly and quarterly reporting deliverables.
- Excellent communication skills, with the ability to present complex information to both technical and non-technical stakeholders.
- Ability to work collaboratively in cross-functional teams and establish strong working relationships.
- Self-motivated with the ability to manage multiple priorities and meet monthly and quarterly reporting timelines.
- Strong analytical skills with the ability to work independently and navigate ambiguity.
- Instinctually identify opportunities and create data-supported solutions.
Responsibilities
- Own monthly and quarterly reporting on claims performance, including efficiency metrics, expense components, and revenue streams (TPA fees, recoveries, subrogation, salvage).
- Collaborate with the claims, accounting, actuarial, and data analytics teams to gather data on cycle time, processing efficiency, and other KPIs.
- Conduct detailed analysis of expense components and revenue-generating activities to support accurate and timely financial reporting.
- Identify trends and patterns in claims data to support decision-making and process improvement initiatives.
- Assist in developing financial models and tools to enhance claims analysis and forecasting capabilities.
- Stay informed on industry best practices and regulatory changes to continuously improve reporting processes.
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