UnitedHealth Group
Senior Accountant - Hybrid, Minnetonka, MN
UnitedHealth Group, Minnetonka, Minnesota, United States, 55345
At UnitedHealthcare, we’re simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and equitable. Ready to make a difference? Join us to start Caring. Connecting. Growing together.
Primary Responsibilities:
Producing Line-of-Business claim lag triangles used by the actuaries and reserving teams during month end close. These reports are critical to the actuarial process of estimating the monthly IBNR reserve
Managing the RPS package structure that supports the above stated needs, ensuring all GL data is mapped to an RPS package for assigned market. Researching and mapping new GL strings
Providing subject matter expertise to the reserving and actuarial teams in resolving claim and membership variances between the financial systems: FSDB, RPS and CHART
Uploading reserve adjustments into CHART, so the reserves amounts match the same reserve amounts the actuarial and reserving team has calculated
Overseeing accounting controls necessary to ensure the accuracy and completeness of the data used in the reserving process. (Internal controls and SOX controls)
Ability to work with accounting and/or financial systems for ledger queries, reconciliations and journaling
Develop an understanding of the systematic processing of Claim Financial Data from upstream source systems through and to downstream sources, to support additional accounting needs
Ensure critical processing and control issues are resolved in a timely manner for both incoming source system feeds and downstream outputs
Provide Customer Support from a Processing and/or Financial Perspective
Promote financial data integrity, compliance and auditability of the financial systems
In addition to month-end accounting processes this role provides regulatory and audit support, including:
D&T, BT, Internal, DOI and SOX audit support
Generating and reconciling quarterly claim reports for the regulatory teams
You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:
Bachelor’s degree with coursework in Accounting/Finance
2+ years of professional work experience in area of accounting or finance
Intermediate level experience in Microsoft Excel
Demonstrated ability to anticipate customer needs and proactively develops solutions to meet them
Demonstrated ability to internalize, interpret and document complex scenarios clearly and concisely
Proven high ethical standards
Proven excellent analytical skills and demonstrated ability to enhance processes
Proven track record of delivering high quality results
Demonstrated critical thinking and intellectual curiosity with the ability resolve issues/questions
Demonstrated excellent written and oral communication skills with attention to detail
Proven solid Time Management, prioritization and organization skills
Proven energetic and forward thinking team player
Preferred Qualifications:
Experience or coursework with SAS, SQL, VBA programming languages
Experience within a complex working environment with various hierarchical commitments
Exposure to PeopleSoft or Essbase/Smartview
Experience in analyzing large amounts of data
At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone–of every race, gender, sexuality, age, location and income–deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes — an enterprise priority reflected in our mission.
Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.
Primary Responsibilities:
Producing Line-of-Business claim lag triangles used by the actuaries and reserving teams during month end close. These reports are critical to the actuarial process of estimating the monthly IBNR reserve
Managing the RPS package structure that supports the above stated needs, ensuring all GL data is mapped to an RPS package for assigned market. Researching and mapping new GL strings
Providing subject matter expertise to the reserving and actuarial teams in resolving claim and membership variances between the financial systems: FSDB, RPS and CHART
Uploading reserve adjustments into CHART, so the reserves amounts match the same reserve amounts the actuarial and reserving team has calculated
Overseeing accounting controls necessary to ensure the accuracy and completeness of the data used in the reserving process. (Internal controls and SOX controls)
Ability to work with accounting and/or financial systems for ledger queries, reconciliations and journaling
Develop an understanding of the systematic processing of Claim Financial Data from upstream source systems through and to downstream sources, to support additional accounting needs
Ensure critical processing and control issues are resolved in a timely manner for both incoming source system feeds and downstream outputs
Provide Customer Support from a Processing and/or Financial Perspective
Promote financial data integrity, compliance and auditability of the financial systems
In addition to month-end accounting processes this role provides regulatory and audit support, including:
D&T, BT, Internal, DOI and SOX audit support
Generating and reconciling quarterly claim reports for the regulatory teams
You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:
Bachelor’s degree with coursework in Accounting/Finance
2+ years of professional work experience in area of accounting or finance
Intermediate level experience in Microsoft Excel
Demonstrated ability to anticipate customer needs and proactively develops solutions to meet them
Demonstrated ability to internalize, interpret and document complex scenarios clearly and concisely
Proven high ethical standards
Proven excellent analytical skills and demonstrated ability to enhance processes
Proven track record of delivering high quality results
Demonstrated critical thinking and intellectual curiosity with the ability resolve issues/questions
Demonstrated excellent written and oral communication skills with attention to detail
Proven solid Time Management, prioritization and organization skills
Proven energetic and forward thinking team player
Preferred Qualifications:
Experience or coursework with SAS, SQL, VBA programming languages
Experience within a complex working environment with various hierarchical commitments
Exposure to PeopleSoft or Essbase/Smartview
Experience in analyzing large amounts of data
At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone–of every race, gender, sexuality, age, location and income–deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes — an enterprise priority reflected in our mission.
Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.