Senior Financial Analyst

Senior Financial Analyst

Location: Calgary, Alberta, Canada

Requisition #: ALB00358534

Salary Range: $42.34 - $51.22 per hour

Job Type: Regular Full Time

Your Opportunity:

The Senior Financial Analyst / Sr. Insurance Analyst, Insurance is responsible to manage AHS’ insurance processes, including but not limited to: Interpreting moderate to complex insurance policies to understand the respective, coverage details, exclusions, or relevant endorsements. Facilitating, adjusting and processing claims for all policy lines of AHS’ insurance program, liaising with external parties (adjusters, consultants) resolving problems such as coverage denials, disputes in labour rates, materials, etc., negotiating and settling claims with insurers or other responsible parties, assessing basis for settlement, analyzing settlement proposals, determining where subrogation criteria is met and managing the subrogation process. Documenting the claim file and reporting claims in a timely manner to internal and external stakeholders. Preparing complex reports for AHS’ property and fleet reports which includes, analyzing assets and activity data, identifying and investigating anomalies (missing or incomplete data, higher/lower activity levels, improperly classified data, etc.) investigating variances, resolving data accuracy issues with internal stakeholders and explaining variances in the data. Preparing internal monthly claims reports for senior leadership. Reviewing contracts and providing recommendations on insurance clauses. Providing risk management advice to program areas. Performing other administrative duties including, but not limited to, recording and updating claims bordereaux, data entry when necessary, and supporting on-going projects in the Insurance department.

Position is based and requires regular attendance at AHS Southport Calgary office.

Description:

As a Senior Financial Analyst, you will be responsible for supporting the new provincial cost allocation system and costing processes by applying approved costing methodologies. The position is responsible for assisting in the Oracle system master table maintenance on a provincial level but will also be the subject matter expert for specific zones. This includes understanding and classifying all zone expenditures by reporting type and developing and maintaining a set of business rules which define the means by which financial allocations are made for fully costed patient services. The position also ensures data quality through verification and reconciliation of inputs and outputs, validation and performing analytical reviews for both the costing allocation system and the detailed patient specific workload information used to develop case costs. The source of our patient specific activity, workload, supplies and drugs is now the Provincial Connect Care system. You will assist with aligning patient activity to functional centre expenditures. This can be a complex process requiring knowledge of the Costing and Oracle financial general ledger and the mapping process created for Connect care as well as development of a strong working relationship with the Business Advisory Department and clinical and support area Managers. The position will troubleshoot data source issues causing anomalies and will recommend and implement fixes.

Required Qualifications:

Degree or diploma in accounting, business or information technology.

Additional Required Qualifications:

Post secondary degree in commerce, accounting, insurance & risk management, or a related discipline is required. Equivalent combination of education and experience may be considered. Minimum of 5 – 8 years’ experience in insurance claims or insurance services in an organization of significant size, complexity and diversity required (health care experience an asset). Must have superior written and verbal communication, analytical, and interpersonal skills. Must be proficient in Microsoft Excel (vlookup, pivot tables, etc.), Word, Outlook and PowerPoint. Must have knowledge of many different insurance processes. Position is based and requires regular attendance at AHS Southport Calgary Office.

Preferred Qualifications:

Certified Insurance Professional (CIP) and/or Canadian Risk Manager designation. Project management skills. Ability to balance business requirements against legal risks, to advance the needs of the organization. Strategic thinker with capacity to make quality decisions. Negotiate with third parties. Confidence and ability to communicate and work effectively with all levels of the organization and with external parties.

How to Apply:

Please visit our online job board to apply:

https://careers.albertahealthservices.ca/jobs/senior-financial-analyst-380019