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Define Ventures Partners
21
companies
250
Jobs

Financial Analyst

Centivo

Centivo

IT, Accounting & Finance
Remote
Posted on Friday, May 24, 2024

We exist for workers and their employers -- who are the backbone of our economy. That is where Centivo comes in -- our mission is to bring affordable, high-quality healthcare to the millions who struggle to pay their healthcare bills.

The Financial Analyst will sit within the Growth Enablement team and support the broader sales team in developing and delivering the Centivo value proposition to prospects. This role requires a strong understanding of health care delivery (i.e. value-based care reimbursement methodologies, ACOs, advanced primary care, etc) and employer health benefits strategy (plan positioning, contribution modeling, migration modeling, etc) as well as a sophisticated data analysis skillset. The Analyst should be able to communicate how Centivo drives savings for its clients and their members to both technical and non-technical audiences.

Responsibilities Include:

  • Run savings analyses for prospects across all Centivo lines of business (level-funded, ASO, strategic accounts) using internal finance models
  • Assisting benefit advisors and employers with plan design, contribution modeling, development of premium equivalents and benefit plan accrual rates.
  • Providing technical analysis on stop loss quotes, renewals, etc.
  • Work with Client Success team and Healthcare Analytics team to develop year-end client reviews and renewals

Qualifications:

Required Skills and Abilities:

  • Sophisticated skills with analytical, spreadsheet and database tools – Excel, Tableau, SQL etc
  • Knowledge of US health care system (provider contracting, reimbursement methodologies, risk adjustment methodologies, etc)
  • Ability to prioritize and organize own work to meet deadlines
  • Excellent verbal and written communication skills including the ability to clearly communicate and understand complex or technical information
  • Strong interpersonal skills, establishing rapport and working well with others
  • Mastery of Microsoft office tools – PowerPoint, Word etc

Education and Experience:

  • Bachelor’s degree in a quantitative discipline, with a degree in Math, Business, Healthcare Management or related field strongly preferred
  • 2+ years of experience in healthcare or health insurance, with preference for experience underwriting fully insured and self-insured cases

Preferred Qualifications:

  • Master’s in Public Health or health underwriting certification
  • Completion of at least 1 actuarial exam

Work Location:

This is a fully remote role.

Centivo Values:

  • Resilient – This is wicked hard. There is no easy button for healthcare affordability. Luckily, the mission makes it worth it and sustains us when things are tough. Being resilient ensures we don’t give up.
  • Uncommon - The status quo stinks so we had to go out and build something better. We know the healthcare system. It isn't working for members, employers, and providers. So we're building it from scratch, from the ground up. Our focus is on making things better for them while also improving clinical results - which is bold and uncommon.
  • Positive – We care about each other. It takes energy to do hard stuff, build something better and to be resilient and unconventional while doing it. Because of that, we make sure we give kudos freely and feedback with care. When our tank gets low, a team member is there to be a source of new energy. We celebrate together. We are supportive, generous, humble, and positive.

Pay Transparency
The ranges we place in our job postings reflect what we anticipate to be the minimum to maximum of the base salary for this role. Additionally, our overall benefits package includes a few things you may consider towards a total compensation such as bonus, health benefits (some employer paid), PTO, and equity option grants.

Salary Range
$95,000$101,000 USD

Our Values:

  • Resilient – This is wicked hard. There is no easy button for healthcare affordability. Luckily, the mission makes it worth it and sustains us when things are tough. Being resilient ensures we don’t give up.
  • Uncommon - The status quo stinks so we had to go out and build something better. We know the healthcare system. It isn't working for members, employers, and providers. So we're building it from scratch, from the ground up. Our focus is on making things better for them while also improving clinical results - which is bold and uncommon.
  • Positive – We care about each other. It takes energy to do hard stuff, build something better and to be resilient and unconventional while doing it. Because of that, we make sure we give kudos freely and feedback with care. When our tank gets low, a team member is there to be a source of new energy. We celebrate together. We are supportive, generous, humble, and positive.

Who we are:

Centivo is an innovative health plan for self-funded employers on a mission to bring affordable, high-quality healthcare to the millions who struggle to pay their healthcare bills. Anchored around a primary care based ACO model, Centivo saves employers 15 to 30 percent compared to traditional insurance carriers. Employees also realize significant savings through our free primary care (including virtual), predictable copay and no-deductible benefit plan design. Centivo works with employers ranging in size from 51 employees to Fortune 500 companies. For more information, visit centivo.com.

Headquartered in Buffalo, NY with offices in New York City and Buffalo, Centivo is backed by leading healthcare and technology investors, including a recent round of investment from Morgan Health, a business unit of JPMorgan Chase & Co.