Senior Financial Regulatory Analyst - US Remote

UnitedHealth Group

  • Minnetonka, MN
  • $58,300-114,300 per year
  • Permanent
  • Full-time
  • 1 month ago
At UnitedHealthcare, we're simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and equitable. Ready to make a difference? Join us to start Caring. Connecting. Growing together.The Senior Financial Regulatory Analyst will support the submission of timely, accurate, and complete regulatory reports, associated audits, and responses to regulatory inquiries, including internal and external ad-hoc requestsThis individual will:
  • Be the subject matter expert for multiple assigned state contracts and their impact on financial reporting
  • Complete and submit state agency financial reports for multiple assigned Medicaid contracts and ensure agency report submissions are compliant with regulatory requirements
  • Ensure accuracy of assigned state agency reports by validating against financial statements and general ledger
  • Support audit requests from state agencies, external auditors, and internal audit team by responding to regulatory inquiries and data requests
  • Correspond with state agency personnel, external auditors, and controllership team and operations team partners on various requests
  • Applicants should understand that this role is not a standard accounting role (no journal entries) and is primarily a financial reporting and data analytics role
You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.Primary Responsibilities:
  • Prepare documentation in support of external and internal audits
  • Support the accurate completion of all required financial regulatory reporting within mandated timelines
  • Ensure that regulatory financial reports are compliant with regulatory requirements
  • Review applicable state Medicaid communications and stay current on multiple state Medicaid financial reporting requirements
  • Coordinate the preparation of written responses to routine inquiries and questions received from state Medicaid regulatory agencies related to the financial regulatory reports
  • Regularly update management as regulatory reporting requirements change
  • Support a wide range of state Medicaid reporting efforts
  • Validate and reconcile data received from multiple sources (i.e., claims processing systems, financial data repositories, Microsoft Excel models, general ledger, etc.)
  • Participate in process improvement and automation initiatives designed to reduce the number of man hours involved with the filing processes and increase accuracy of reported data
  • Work extensively with cross-functional areas (Operations, Actuarial, and Accounting), to gather and analyze financial data needed for regulatory reporting and audits
You'll 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 provide development for other roles you may be interested in.Required Qualifications:
  • Bachelor's degree Finance, accounting, business administration, or related field
  • 3+ years of experience in finance or accounting or related field
  • Demonstrated technical and financial understanding of data repositories, contracts, claim system operations, and the resulting manipulation of data into financial regulatory reporting
  • Expertise in data analytics, financial analysis and critical thinking ('outside the box')
  • Advanced level of proficiency with Microsoft Office products (Excel, Access, Word), including ability to analyze and manipulate data in excel including using pivot tables and formulas
Preferred Qualifications:
  • Experience in preparing financial reporting for regulatory agencies
  • Experience with PeopleSoft Financials or other general ledger accounting systems
  • Healthcare Insurance experience
  • Financial and/or Accounting experience handling regulated entities
  • Working knowledge of GAAP and Statutory Accounting Principles
Required Competencies:
  • Solid communication skills, both verbal and written
  • Comfortable working independently
  • Solid analytical skills and attention to detail
  • Ability to perform effectively in matrix relationships
*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter PolicyCalifornia, Colorado, Connecticut, Hawaii, Nevada, New Jersey, New York, Rhode Island, or Washington Residents Only: The salary range for California, Colorado, Connecticut, Hawaii, Nevada, New Jersey, New York, Rhode Island, or Washington residents is $58,300 to $114,300 annually. Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you'll find a far-reaching choice of benefits and incentives.At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.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, color, 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.UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.

UnitedHealth Group