UnitedHealth Group - Manager - Financial Analysis

Discipline - Finance

Industry - Financial Planning & Analysis

Job Description :

If you want to achieve more in your mission of health care, you have to be really smart about the business of health care. Our finance professionals at UnitedHealth Group are engaged in the important work of making health care more affordable, simpler and easier for people to access. And you can join us in achieving these goals as a Financial Consultant.

You will collaborate with an elite team of accounting and finance professionals who are writing the history of our organization and guiding our success as a global industry leader. Financial discipline and accountability count more today than ever. Which is why your performance and innovation will find a reception here like nowhere else while you do your life's best work.

Primary Responsibilities :

- Develop, perform and manage the analyses of business and financial metrics as well as performance measures

- Develop and maintain financial reports to clearly communicate actual results, forecasted performance, and variances to plan, forecast and budget

- Understand and incorporate industry specific metrics into reports to highlight relevant trends and support fact-based business decisions

- Develop, perform and manage all aspects of financial planning, budgeting and forecasting

- Work closely with the business to develop, recommend and establish strategies, plans, and processes to improve profitability and cost efficiencies

- Produce clear, well-formatted reports that communicate a clear, compelling message for their stakeholders( Briefly state the primary purpose of the job in terms of how it contributes to the department's objectives.

The prospective candidate will be part of a team supporting UHC Regulatory Accounting & Reporting, a division of Regulatory Finance with the following responsibilities :

- Review and oversee Quarterly and Annual Statutory Financial Statements for approximately 4 Legal entities

- Review and Manage analytical reports and findings

- Review Audit Financial Statements and oversee support activities during Annual Audit and State examinations

- Review all the of adhoc filings like the A&H Policy Experience Exhibits, Management Discussion & Analysis, Supplemental Health Care Exhibit, Minimum Loss Ratio Reporting, etc.

- Work on project teams outside of active reporting periods to respond to changing technical requirements, new reporting needs, and suggestions for improved team performance.

Job Components :

- Review and approve quarterly and annual Statutory financial statements for 4 to 5 regulated entities, including checklists and underlying workpapers

- Review and approve journal entries and analytic reports

- Coordinate the external and internal audits of the regulated entities, and work closely with the department that oversees the Department of Insurance inquiries and examinations. Audit coordinator responsibilities include approving audit documentation, issue resolution and time management

- Manage communications and Board reports for regulated entity officers and directors and the audit committee

- Plan, coordinate and manage the work of team/prepare. Monitor compliance with key controls, department policies, and the standard accounting, reporting practices & procedures

- Lead initiatives on working groups to develop and implement innovative approaches for continued improvement in efficiency & effectiveness

- Develop and engage a team, with direct and indirect reporting relationships, through mentoring and coaching.- Interface with business contacts for questions / issues on quarterly filings

- Liaison / Oversee the liaison with Business Partners / Controller ship (analytric findings, special requests, data issues)

- Communicate with legal entity and performance staff and directors as required as well as in 1:1 meetings'Required Skills :- Exposure to transitioning US Insurance Financial Reporting

- Thorough understanding of Accounting, General Ledger and chart field attributes- Ability to manage medium to large team under extremely tight deadlines and should be able to handle challenges with his/her managerial abilities on day to day activities- Excellent oral and written communication

- Interpersonal skills, mentoring ability and ability to motivate team at all stages and achieve expected results

- Attention to details and accuracy with analytical bent Deliver Quality Results

- Working knowledge of software tools ( Ex: MS Excel, PeopleSoft, Hyperion Essbase, PDF etc.)

Voice Requirement : Rate on a scale of 1-5 (1 - Lowest 5 - Outstanding)

Data Analysis Requirement : Rate on a scale of 1-5 (1 - Lowest 5- Outstanding)

Educational Qualifications : CA/ICWA/CPA

Experience :

- Experience in US Insurance Statutory Reporting should be 3-4 years.

Overall experience 7-10 years

- Experience in leading Insurance Financial Reporting Transition project

- Preferred : Experience in Audit

- Preferred'Work Hours : Should be ready to work approximately 50-60 hours per week during mid-January through March, and an estimated 40-45 hours per week during the remainder of the year

Shift : Should be ready to work in US Shift (6 PM IST to 3 AM IST) during the Transition period and during peak filing season.

Should be in UK shift (2.30 PM IST to 12 AM IST) for the remainder of the year'

Passport : Must.

VISA: Must

No. of Openings : 2

Qualification :

- 5+ years of financial and operational management experience.

- Bachelor's degree in accounting or equivalent work experience Financial acumen and P&L management skills Proven experience driving business performance in a high growth environment.

- Prior work experience anticipating accounting, financial reporting, forecasting, and operational issues, assessing their implications, and developing and implementing an appropriate action plan.

- Work collaboratively and influence across a matrix environment to drive revenue enhancement and expense management initiatives.

- Executive presence, ability to communicate and influence with internal and external stakeholders.

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