Financial Analyst – Indianapolis Health

Milliman is an independent company delivering market-leading services and solutions, and they are seeking a Financial Analyst to support consulting work with Medicaid state agencies. The role involves analyzing cost and expense reporting for healthcare entities and requires strong communication skills to convey insights effectively.ResponsibilitiesCollect, review, and provide feedback on cost and other financial reports submitted by third-party entities serving health and human service agenciesEvaluate cost and other financial reports for compliance with provided instructions and applicable regulatory guidancePerform reconciliation of cost reports relative to a general ledger, encounter data, and/or audited financial statementsRecognize and identify reporting errors and develop proposed solutionsCommunicate results to internal stakeholders, verbally and written, within all levels of our organizationPerform ad-hoc reconciliations and work on special projects, as requiredWork both independently and collaboratively on projectsEnsure quality assurance and peer review are completed on all client deliverablesSkillsFoundational knowledge of accounting/financial statements and managerial/cost accounting for healthcare entitiesUnderstanding of insurance concepts such as reserving and premium rate settingUnderstanding of health economics concepts such as medical loss ratio, underwriting margin, cost and utilization metricsExperience with Microsoft Excel or other similar software in performing quantitative analysisBasic coding ability in one or more languages (e.g., SAS, R, SQL) with the desire to learn othersStrong written and oral communication skillsAbility to utilize critical thinking, exhibit problem solving capabilities, and demonstrate learning agilityOrganizational and time management skills, ability to prioritize and perform effectively in a fast-paced, deadline-driven environmentBasic knowledge of Gen AI tools, how to utilize AI to enhance productivity, and potential ethical considerations or concernsBachelor's degree in accounting, finance, business management, or a related field of studyAdvanced proficiency in Visual Basic for Applications (VBA) with a demonstrated ability to write, debug, and optimize complex macros and automation scripts, particularly within Microsoft Excel1 to 3 years of full-time professional work or Internship experience in financial analytics, cost reporting, or relatedMaster's degree in accounting, finance, business management, or a related quantitative fieldExperience working within a health-related company, and/or consulting firm environment(s)BenefitsMedical, Dental and Vision - Coverage for employees, dependents, and domestic partnersEmployee Assistance Program (EAP) - Confidential support for personal and work-related challenges401(k) Plan - Includes a company matching program and profit-sharing contributionsDiscretionary Bonus Program – Recognizing employee contributionsFlexible Spending Accounts (FSA) - Pre-tax savings for dependent care, transportation, and eligible medical expensesPaid Time Off (PTO) – Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.Holidays - A minimum of 10 observed holidays per yearFamily Building Benefits including Adoption and fertility assistancePaid Parental Leave - Up to 12 weeks of paid leave for employees who meet eligibility criteriaLife Insurance & AD&D - 100% of premiums covered by MillimanShort-Term and Long-Term Disability – Fully paid by MillimanCompany OverviewMilliman is a risk management, benefits, and technology firm that offers insurance and retirement services. It was founded in 1947, and is headquartered in Seattle, Washington, USA, with a workforce of 1001-5000 employees. Its website is http://www.milliman.com.



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