Medical Mutual · 2 months ago
Financial Operations Analyst
Cleveland, OH
Full-time
Onsite
Mid, Senior Level
2+ years expMedical Mutual is the oldest and one of the largest health insurance companies based in Ohio, providing peace of mind to over 1.2 million members. The Sr. Financial Operations Analyst will design and deliver complex financial analyses to support strategic decision-making, collaborate with cross-functional teams, and mentor less experienced colleagues.
Health CareHealth InsuranceInsuranceLife Insurance
Responsibilities
Advises corporate departments, both within and outside of Finance, by generating forecasts and analyzing trends related to various medical loss ratio management initiatives. Compiles and reviews initiative performance data, particularly related to medical cost management and/or risk revenue to report out to operational departments and financial management, taking into consideration actual performance, previous forecasts, and estimated impacts
Creates and maintains financial models, scorecards, and dashboards and forecast. Evaluates the financial impact of cost-saving and/or revenue driving initiatives
Analyzes initiative performance and prepares reports and recommendations to management
Performs more complex research and studies as needed (examples include rates of return, performance regression, investments, and other areas as required)
Stays informed of industry trends and developments in order to propose solutions to management regarding any related business ramifications. Supports, trains and mentors less experienced team members
Performs other duties as assigned
Qualification
Required
Bachelor's degree in Accounting, Finance, Analytics, or Business Administration
2 years finance or financial planning and analysis experience
Intermediate Microsoft Office skills, including Excel
Proficient knowledge of accounting rules and concepts and the ability to apply the appropriate accounting standards to the relevant job duties
Knowledge of rates of return, depreciation, investments, portfolio covariance analysis
Working knowledge of company core systems and interrelationships
Bachelor's degree in Accounting, Finance, Analytics, or Business Administration
3 years of progressive finance or financial planning and analysis experience
Advanced Microsoft Office skills, including Excel
Proficient knowledge of accounting rules and concepts and the ability to apply the appropriate accounting standards to the relevant job duties
Knowledge of rates of return, depreciation, investments, portfolio covariance analysis
Working knowledge of company core systems and interrelationships
Bachelor's degree with Accounting, Finance, Analytics or Business Administration major
5 years of progressive finance or financial planning and analysis experience
Advanced Office skills, including Excel
Advanced knowledge of accounting rules and concepts and ability to apply the appropriate accounting standards to the relevant job duties
Knowledge of rates of return, depreciation, investments, portfolio covariance analysis
Proficient in the use of other automated accounting systems and an ability to serve as a training resource to junior staff members relative to the relevant systems
Preferred
PowerBI experience preferred
MBA preferred
Company
Medical Mutual
Medical Mutual Provides and administers health benefits for citizens in Ohio.
1001-5000 employees
H1B Sponsorship
Medical Mutual has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (18)
2024 (18)
2023 (17)
2022 (15)
2021 (24)
2020 (16)
Funding
Current Stage
Late StageLeadership Team
Annette Terrien Hill
RNI Chief Operating Officer
Christopher Donovan
Executive Vice President, Chief Data and Information Officer
Recent News
Business Wire
2025-04-09
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