RxBenefits, Inc. · 3 hours ago
Financial Risk Analyst
United States
Full-time
Remote
Mid Level
$67K/yr - $80K/yr
3+ years expRxBenefits, Inc. is seeking a highly analytical and detail-oriented Financial Risk Analyst to join their growing Accounting team. The role involves assisting in quantitative analyses of formulary rebates, monitoring operational performance guarantees, and conducting various ad hoc reporting tasks.
FitnessHealth Care
Responsibilities
Develop and implement methodologies to identify, measure, and monitor financial risks
Analyze PBM contracts to assess financial exposure and compliance risks
Monitor and analyze the financial risk impact of current and proposed healthcare legislation
Review key performance indicators (KPIs) and research contracts to help facilitate answers to inquiries from management, clients, brokers, etc
Assist in the allocation and analysis of incoming formulary rebates distributed to our clients
Provide support in the monitoring and reporting of our client performance guarantees
Run any requested additional ad hoc reporting to help our organization better service our clients
Assist with the monthly financial close process, including performing account reconciliations and accurately posting journal entries in accordance with US GAAP
Compile and prepare documentation and assist with the annual external financial statement audit
Participate in system implementations, process reviews and integrations, and other similar accounting projects
Perform other accounting, financial, or administrative tasks as may be required from time to time by management
Qualification
Required
3-5 years of experience in financial analysis, risk management, or a related quantitative/accounting role
Advanced understanding of Excel (e.g. Pivot tables, VBA, XLOOKUP, IF, etc.)
Exceptional ability to identify patterns and trends and draw financially sound conclusions
Knowledge of basic Accounting fundamentals (Accrual Accounting and US GAAP)
Strong attention to detail, ensuring the integrity and accuracy of all financial records and client deliverables
Ability to manage multiple assignments simultaneously to meet deadlines
Excellent written and verbal communication skills, with the ability to explain complex technical and financial concepts to non-technical stakeholders
Highly collaborative team player with proactive and resourceful approach to overcoming analytical challenges and developing effective solutions
Preferred
Bachelor's Degree in Accounting, Finance, or other business B.S. degree, preferred
Proven working knowledge of the Pharmacy Benefits Management (PBM) industry, preferred
Proven ability to work with and interpret large, complex data sets and experience with Business Intelligence (BI) tools (e.g. Power BI) is highly desirable
Benefits
Remote first work environment
Choice of a HDHP or PPO Medical plan, we pay 100% of the premium for the HDHP for you and your eligible family members
Dental, Vision, Short- and Long-Term Disability, and Group Life Insurance that we also pay 100% of premiums (for your family too on Dental and Vision)
Additional buy-up options for Short- and Long-Term Disability and Life Insurance
401(k) with an employer match up to 3.5% available after 60 days
Community Service Day to give back and support what you love in your community
10 company holidays including MLK Day, Juneteenth, and the day after Thanksgiving plus a floating holiday to use as you like
Reimbursements for high-speed internet, we’ll send you a computer and monitors to help you do your best work
Tuition Reimbursement for accredited degree programs
Paid New Parent Leave that can be used for adoption or birth
Pet insurance to protect your furbabies
A robust mental health benefit and EAP service through Spring Health to support you when you need it most
Company
RxBenefits, Inc.
RxBenefits is a health and wellness company that provides pharmacy benefits and administration services.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Great Hill Partners
2020-12-01Private Equity
2016-01-12Private Equity
Leadership Team
Wendy Barnes
Chief Executive Officer
Kat Magnuson
Leadership Development Partner
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