Financial Consultant

Location: This position will work a hybrid model (remote and office). The Ideal candidate will live within 50 miles of one of our Elevance Health PulsePoint locations.

The Financial Consultant will be responsible for reviewing and preparing interpretation of historical financial data, financial projections, and results. Performs consulting services to support business development studies, economic evaluation, and planning functions. This position will support the diverse and complex National Accounts business unit as well as Enterprise Cost Guidance. Enterprise cost guidance will support optional buy-up programs and services, as well as customized Employee Assistance Program (EAP) pricing. The National Accounts business unit is a diverse and complex segment, including Home vs. Host business, private exchange business, and customized product offerings and pricing arrangements.

How you will make an impact:

• Identifies complex financial problems or issues, researches solutions, and implements corrective steps to achieve higher level of efficiency.
• Advises management of various financial models and recommendations.
• Prepares complex presentations.
• Prepares financial planning, financial section of annual and quarterly reports to shareholders, applicable government reports, and budget reports that are used as a resource by staff or outside departments.
• Trains and reviews the work of lower-level Financial Analysts.
• National Accounts responsibilities:
  • Fully insured monthly analysis and outlook, as well as annual forecast and plan.
  • Stop-loss revenue accruals, monthly analysis, and outlook.
  • Selling expense monthly analysis and outlook, development of monthly accruals, and annual forecast and plan.
  • Host and stop-loss membership, which is a manual process.
  • Host provider receivable analysis.
• Cost Guidance responsibilities:
  • Supports all enterprise buy up programs that are critical to profitability across Individual, Small Group, LGFI, LG ASO, and National. There are >300 items in cost guidance that are used directly by underwriters and the ABACUS rating system. Cost guidance covers a significant portion of ASO fees as well as components of FI premiums. Cost guidance is used for profitability analysis within UW, Sales, the business units, Finance, and Clinical Management.
  • With a strategic shift to Carelon revenue, this role will provide critical support for Carelon services’ cost guidance.
  • Supports the strategic transition from ASO fees to more claims related charges and how those flow through revenue and cost center line items.
  • Supports the complex spectrum of cost guidance spanning internal Anthem/Carelon programs, independent vendor programs, and Anthem as reseller of external vendor programs.
  • Requires a high level of interaction, communication, and collaboration with product owners, underwriters, sales, finance, and other business unit teams.
  • Supports customized EAP ratings.

Minimum Requirements:

Requires a BA/BS in accounting or finance and a minimum of 3 years’ experience in general accounting, finance, or budget and planning; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities, and Experiences:

• MBA, CPA, or CMA preferred.
• Experience with Essbase strongly preferred.
• Healthcare industry experience strongly preferred.

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

Who We Are

Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.

How We Work

At Elevance Health, we are creating a culture that is designed to advance our strategy but will also lead to personal and professional growth for our associates. Our values and behaviors are the root of our culture. They are how we achieve our strategy, power our business outcomes and drive our shared success - for our consumers, our associates, our communities and our business.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact elevancehealthjobssupport@elevancehealth.com for assistance.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.