Analyst, Financial II

Internal Reference Number: R1048063

Why should you join the Blue Cross Blue Shield of South Carolina family of companies? Other companies come and go, but we've been part of the national landscape for more than seven decades, with our roots firmly embedded in the South Carolina community. We are the largest insurance company in South Carolina ... and much more. We are one of the nation's leading administrators of government contracts.

We operate one of the most sophisticated data processing centers in the Southeast. We also have a diverse family of subsidiary companies, allowing us to build on various business strengths. We deliver outstanding service to our customers. If you are dedicated to the same philosophy, consider joining our team!

Position

Purpose:

This position will be responsible for reviewing contracts within our risk management program, assist with insurance renewals, and assist with items associated with the captive as well as Ad Hoc and scheduled reporting on claims.

Logistics: Blue Cross and Blue Shield of South Carolina-Corporate

Location: This position is full-time (40-hours/week) Monday-Friday in a typical office environment. You will work an 8‑hour shift scheduled during our normal business hours of 8:00AM-5:00PM. This role is located at 4101 Percival Road, Columbia, SC 29229.

This position is not eligible for sponsorship now or in the future.

What You'll Do:

• Performs moderately complex statistical, cost and financial analysis of data to determine costs of business activities. Interprets financial transactions in order for management to make economic or business decisions, determine past financial performance, banking and investment fees and income analysis, and/or to project a financial probability.

• Develops financial reports for forecasting/trending/results analysis. Helps gather information/assists in preparation of annual strategic plan and operating plans. Prepares materials for presentation. Participates in the creation of data marts, involving complex calculation of source data to achieve end results in a data element that can be queried efficiently/effectively. Records/classifies/summarizes financial transactions and events in accordance with GAAP.

• Responsible for assisting with the functions of the corporate budget model. May recommend budget adjustments, and other cost improvement measures. Provides summary and detailed cost and budget reports and analyses to management or other financial analysts.

• Applies working knowledge of applicable laws and regulations. Verifies documents for completeness and compliance. Ensures expenses are allocated appropriately and exercises judgment within defined procedures and practices to determine appropriate action to resolve out of balance issues and related system problems.

• Assists with updating the accounting system with procurement related information. Monitors the indirect cost pools established for the company.

To Qualify For This Position, You'll Need The Following:

• Required
  
  Education:
  
  Bachelor's in a job-related field.

• Required
  
  Work Experience:
  
  2 years of financial analysis experience.

• Required Software and Other Tools: Excellent understanding of Microsoft Office.

• Required
  
  Skills and Abilities:
  
  Strong communication. Able to compile information, design reports and analyze data. Excellent research and analytical skills. Knowledge of group financial statements. Academic and practical knowledge of generally accepted accounting principles (GAAP).

We Prefer That You Have The Following:

• Preferred
  
  Work Experience:
  
  Experience with professional liability or commercial insurance risk insurance.

• Preferred Software and Other Tools: Proficiency in Microsoft Word and Excel.

Our Comprehensive Benefits Package Includes the Following:

We offer our employees great benefits and rewards. You will be eligible to participate in the benefits the first of the month following 28 days of employment.

• Subsidized health plans, dental and vision coverage

• 401k retirement savings plan with company match

• Life Insurance

• Paid Time Off (PTO)

• On-site cafeterias and fitness centers in major locations

• Education Assistance

• Service Recognition

• National discounts to movies, theaters, zoos, theme…