Job DescriptionOur team leads CVS Health's (Aetna) Federal Medical Loss Ratio (MLR) financial reporting and requires following our controls along with gathering, analyzing, and allocating general ledger data for inclusion in our filings. This role prepares the allocation of expenses and works with several teams across the enterprise including Statutory Reporting, Actuarial, Medicare and FEHBP. Our team constantly looks for ways to enhance our processes, controls and analytical tools. This role will need to focus on process improvement and tool enhancement. Job responsibilities:- Gather and analyze data from different sources (GL, business area, etc) necessary for the MLR filing. This includes: reviewing and approving data, preparing reconciliations and analyze data for reasonableness.- Automate, maintain and develop internal tools in support of the expense allocation and review process.- Assist in managing projects and processes to meet filing deadlines and internal goals.- Support audit requests by becoming a subject matter expert in our process, working with Pricing and Reserving teams, gathering detailed data and aiding in crafting responses.- Ability to engage immediately and willingness to lead high profile projects with minimal supervision.- Fast paced, multi-tasking environment with fixed deadlines and limited project plan flexibility- ad hoc research as necessary. The candidate will have the opportunity to assist in the transformation of Aetna's financial reporting systems through various projects and work within the team. This position is Work From Home Flexible, meaning the team will be working on a hybrid basis both in-office and work from home. Therefore the ideal candidate would be able to commute to the Hartford, CT office at least twice a week.Required Qualifications-2+ years experience with Accounting or Finance (Course work acceptable)-2+ years experience with Microsoft Office (Excel, Word, and Access)COVID RequirementsCOVID-19 Vaccination RequirementCVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated. You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.Preferred Qualifications- Accounting, Finance, Data Analysis college majors desired but not required.- Financial or Actuarial background/acumen/Insurance Business Knowledge desired.- Thrives in fast paced environments, self-motivated- Experience with Oracle or S4 HanaEducation- Bachelor's Degree or equivalent experienceBusiness OverviewBring your heart to CVS HealthEvery one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver.Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.
Job Title
Financial Analyst