Senior Financial Analyst

Company : Highmark Inc. Job Description : JOB SUMMARY This role supports the administration and analysis of Sales Incentive Plans across the Health Plan, helping ensure incentive programs align to enrollment and financial objectives. The position serves as a key individual contributor and business partner, working with leaders and cross-functional stakeholders on accurate and timely incentive calculations, financial and performance analysis, financial modeling, accounting reconciliations, and Sales support. A key focus is the continued introduction, adoption, and maintenance of Incentive Calculation Management (ICM) technology to improve quality, accuracy, efficiency, transparency, and compliance. This role combines strong financial and analytical capabilities, accounting knowledge, technology, problem solving, and business partnership. The analyst independently evaluates complex issues, develops recommendations, supports decision-making, and provides excellent customer service in a dynamic work environment. ESSENTIAL RESPONSIBILITIES • Communicate effectively. Display effective communication skills. • Coordinate with other departments, locations, and divisions. • Communicate with other departments and/or outside agencies to resolve problems. • Communicate with Management at Highmark, subsidiaries, affiliates, other third parties, etc. as to project status and completion deadlines. • Advise management of expected outcomes, and recommending ways to improve the outcomes. • Conduct presentation to all levels of management in order to provide a summary of analysis regarding financial results and trends. • Communicate with Management as to project status and completion deadlines. • Perform financial and business related analysis. • Analyze, evaluate and interpret appropriate financial and statistical data. • Develop and/or document business policies, conducts special financial and business related studies and cooperate with other departments in the preparation of analyses. • Conduct financial and business related analyses and research including the preparation of forecasts and/or analysis of trends. • Analyze financial reports and records. • Provide reasoning for variances and make recommendations relative to the accounting of reserves, assets, and expenditures. • Advise management of expected outcomes, and recommend ways to improve the outcomes. • Independently pursue fundamental problem solving and documents the recommendations to management. • Facilitate analysis and reporting • Utilize computer to input, retrieve or display accounting information. • Develop and maintain spreadsheets and databases. • Utilize PC and/or mainframe based systems and software, compile and prepare reports, graphs and charts of data developed. • Serve as a project lead for special projects within the department. • Lead and document financial analysis projects including the preparation of ad hoc reports; to include but not limited to; gathering of data, analysis, documentation of findings, and calculation of results and generation of reports for distribution. • Coordinate activities to ensure the project is advancing properly and to ensure the project is completed within the timeframes established. Included in this process will be communication with Management at Highmark, subsidiaries, affiliates, other third parties, etc. as to project status and completion deadlines. • Make recommendations based on findings when necessary. • Other duties as assigned or requested. QUALIFICATIONS EDUCATION Required • Bachelor's Degree or relevant experience and/or education as determined by the company in lieu of bachelor's degree Preferred • None EXPERIENCE Required • 5 - 10 years of relevant, progressive experience in Accounting and/or Finance • Experience with various computer applications to include MS Excel and/or MS Access Preferred • Database Management • Prior Healthcare Industry Experience LICENSES or CERTIFICATIONS Required • None Preferred • None SKILLS • Strong written and oral communication skills • Strong relationship building skills • Client focused with strong business acumen • Self-starter with the ability to work under pressure independently and as part of a team. • Ability to think strategically and act proactively to create strong trust and confidence with business units • Strong innovative problem-solving capabilities Language (Other than English): None Travel Requirement: 0% - 25% PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS Position Type Office-based Teaches / trains others regularly Occasionally Travel regularly from the office to various work sites or from site-to-site Rarely Works primarily out-of-the office selling products/services (sales employees) Never Physical work site required Yes Lifting: up to 10 pounds Constantly Lifting: 10 to 25 pounds Occasionally Lifting: 25 to 50 pounds Never Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job. Compliance Requirement : This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies. As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy. Furthermore, it is every employee’s responsibili