Financial Analysis Advisor - Express Scripts - Remote

This role is a part of our Financial Controls and Regulatory Compliance Team within the Services Department of the Regulated Markets Division. This role supports Cigna’s Medicare Part D insurance companies with financial and regulatory oversight. Responsibilities include financial planning & analysis deliverables, vendor management, client billing, corporate governance, and compliance with state insurance regulations.
Responsibilities:
Perform monthly p/l close activities including expense and revenue accruals, general ledger reconciliation, and variance analysis.
Quarterly forecast and annual budget development support, including consolidation of expense owner submissions, forecast comparison analysis, and management reporting.
Manage intercompany billing and client billing in accordance with contracts.
Manage vendor invoice payments and purchase order tracking and analyze performance vs forecasts.
Provide support for the quarterly underwriting expense allocation model, the quarterly corporate overhead expense allocations for the insurance companies, and the annual labor allocation model in compliance with management service agreements.
Implement operational efficiencies and innovative reporting solutions for insurance company lines of business.
Partner with Regulatory to provide compliance oversight for the insurance companies including Board of Director meeting facilitation and state department of insurance reporting and filing requirements.
Track compliance with state insurance regulations with cross functional partners, develop product guidelines by state to inform underwriting and sales, and create client-facing state regulation reporting.
Assist with regulatory audits – CMS and State Department of Insurance.
Qualifications:
Bachelor’s degree in Finance, Economics, Accounting or other analytical area
3-7+ years of relevant financial analysis and/or regulatory compliance experience with health insurance, Medicare Part D, state insurance regulations experience preferred
Financial reporting, budgeting and forecasting experience for a large corporation a plus
Must be highly proficient in Excel and Power Point with SQL/VBA code and dashboard experience
Strong analytical and critical thinking skills – ability to draw insights from data, effectively communicate results and push for actionable solutions.
Ability to partner cross-functionally and to think strategically to successfully drive results.
Exemplary interpersonal skills/strong communication skills (written and verbal).
Effective time management skills to handle multiple deliverables in a dynamic environment.
Motivated, reliable, and responsible with pride in work, proven work ethic, & attention to detail.
This role is Flex/WFH which allows most work to be performed at home or on occasion at a Cigna office location.
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.
For this position, we anticipate offering an annual salary of 89,300 - 148,900 USD / yearly, depending on relevant factors, including experience and geographic location.
This role is also anticipated to be eligible to participate in an annual bonus plan.
We want you to be healthy, balanced, and feel secure. That’s why you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, visit Life at Cigna Group .
About Evernorth Health Services
Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.
Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: [email protected] for support. Do not email [email protected] for an update on your application or to provide your resume as you will not receive a response.
The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.