If you want to achieve more in your mission of health care, you have to be really smart about the business of health care. Financial discipline and accountability count more today than ever. Which is why your performance and innovation will find a reception here like nowhere else as you help people live healthier lives while doing your life's best work.(sm)
Positions in this function generate forecasts and analyze trends in sales, SG&A, provider performance, product line profitability, membership, medical costs, premium yields, and other areas of business. Researches economic progressions to assist with the organization's financial planning. Presents findings and recommendations to management. May include responsibility for budget planning and analysis.
- Extensive work experience, possibly in multiple functions.
- Work does not usually require established procedures.
- Works independently.
- Mentors others.
- Acts as a resource for others.
- Coordinates others' activities.
- High school education or equivalent experience.
Early Careers SG24 JD F&A
Within our Accounting and Reporting group, teams are responsible for the preparation and analysis of financial statements, including balance sheets, income statements, changes in capital and surplus, and statements of cash flow, pursuant to Statutory Accounting Principles (SAP), which are based on Generally Accepted Accounting Principles (GAAP). Teams independently prepare multiple, complex quarterly and annual statutory filings, supplemental filings related to Health Care Reform, other state supplemental filings. We also prepare and record journal entries in accordance with SAP and Medical Loss Ratio (MLR) requirements.
Responsibilities for this position include, but not limited to:
?Develops, performs, and manages analysis of business/financial metrics and performance measures
?Assist in preparing quarterly results executive summary for presentation to CEO and CFO of the legal entities
?Perform ad-hoc analysis and research non-standard research related to legal entities issues
?To prepare journal entries based on statutory accounting principles prescribed by the US Insurance regulators (NAIC & states)
?Prepare various component of a financial statement i.e. balance sheet, income statement, cash flow and notes to accounts
?Perform control check like referencing, formatting and footing/cross footing of financial statement
?Perform GAAP and statutory ledger analytics and provide drivers / commentary on material variances
?Prepare revenue, claims and investment schedules along with support workpapers that are required by NAIC
?Provide support for external audits and queries by state department of insurance
?Participate in working groups initiatives and provide support to Managers/Directors
?Bachelor degree in Accounting or equivalent
?Strong communication skills both written and oral.
?Self- starter with excellent time and project management skills
?Strong initiative and desire to work in team environment
?Assess and interpret customer needs and requirements
?Proficiency with Microsoft Excel, Word and PowerPoint is preferable
?Ability to handle multiple tasks and adaptable to changes.
?Should be presentable and confident
Careers with Optum. Here's the idea. We built an entire organization around one giant objective; make the health system work better for everyone. So when it comes to how we use the world's large accumulation of health-related information, or guide health and lifestyle choices or manage pharmacy benefits for millions, our first goal is to leap beyond the status quo and uncover new ways to serve. Optum, part of the UnitedHealth Group family of businesses, brings together some of the greatest minds and most advanced ideas on where health care has to go in order to reach its fullest potential. For you, that means working on high performance teams against sophisticated challenges that matter. Optum, incredible ideas in one incredible company and a singular opportunity to do your life's best work. SM
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.