Financial Analyst I

Minneapolis, Minnesota
Jan 18, 2013
Jan 24, 2013
Employment Status
Full Time

Health Care that Starts with You!

Join a truly mission-driven organization! Independent, nonprofit UCare is recognized as one of the Minnesota???s leading health plans. We provide more than 225,000 members across Minnesota and western Wisconsin with the health coverage plans and services they need to maintain and improve their health. The innovative coverage we create makes a difference for Medicare-eligible individuals, individuals and families enrolled in Minnesota Health Care Programs, such as MinnesotaCare and Medical Assistance, and disabled adults with special health care needs. UCare is growing in size, membership, products, geographic coverage, and employees. We???re an organization that???s going places. Be part of a team that cares about you, be part of UCare.

Working in the Health Care Economics department, the Financial Analyst I will provide assistance in analysis, development of data and reporting for risk contract financial settlements and reporting packages. Working closely with the Provider Reporting Manager, this person will also communicate results to provider groups. Specific duties and responsibilities include:

  • Develop and maintain a thorough understanding of UCare provider contracts, benefit packages, and claim processing procedures.

  • Complete financial summaries, settlements and monthly payments timely and accurately.

  • Prepare and communicate results of the reporting summaries to providers, Provider Relations and Contracting and Accounting.

  • Develop, maintain, and distribute provider data feeds.

  • Produce the monthly capitation reports and payment requests.

  • Assist Provider Reporting Manager in settlements accruals.

  • Provide ad hoc analyses upon request to support Provider Relations and Contracting in risk contracts-related information requests.

  • Develop and maintain documentation and procedures for preparing monthly, quarterly, and annual   settlements.

  • Assist in analysis of performance by contract for rate setting and budgeting purposes.

The Financial Analyst I position requires a minimum 1-3 years related experience in Finance or Accounting. Our ideal candidate will have demonstrated skills using MS Access and Excel and knowledge of the HMO industry. BS/BA with an emphasis in finance/accounting or related field required. Commensurate experience will be considered in lieu of degree.

At UCare, we welcome and employ a diverse employee group committed to meeting the needs of UCare, our members, and the communities we serve. EOE/AA



Enter a highly collaborative environment where people are truly engaged, and feedback is valued. You???ll enjoy a competitive salary and benefits, as well as a host of other perks, including a nationally recognized wellness program, and a bright, open, award-winning office space in Northeast Minneapolis???just minutes from major freeways and retail centers. At UCare, we welcome and employ a diverse employee group committed to meeting the needs of UCare, our members, and the communities we serve.

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