University New Grad - Finance and Audit Rotational Program

University New Grad - Finance and Audit Rotational Program

Why Start your Career at Health Care Service Corporation?

Health Care Service Corporation (HCSC), a Mutual Legal Reserve Company and an Independent Licensee of the Blue Cross and Blue Shield Association, is the largest customer-owned health insurer in the United States and fourth largest overall, operating through our Blue Cross and Blue Shield® Plans in Illinois, Montana, New Mexico, Oklahoma and Texas. HCSC affiliates and subsidiaries such as Dearborn National®, TMG Health and Medecision, offer group life, disability and dental solutions, as well as a range of other individual solutions. The company, founded in 1936, serves nearly 15 million members across five states and employs more than 21,000 people in over 60 local offices. HCSC is dedicated to expanding access to high quality, cost effective health care and equipping our members with information and tools so they can make the best health care decisions for themselves and their families. Our health plans were pioneers in their states, as they were the first to provide coverage for a number of procedures ranging from heart and bone marrow transplants, to cancer and leukemia treatments. Today, we are leaders in the development of value-based care models to spur greater collaboration and accountability among various stakeholders to improve the health care experience for patients and consumers and enable them lead healthier lives.

This position is responsible for completing an entry level rotational role though Audit and Finance. Successful candidate will learn and be accountable for specific functions that will provide a broad business and financial view of HCSC while developing skills and knowledge for a career within the organization.

What Are Your Responsibilities?

- Participates in sub-audits or small audits of financial controls of various departments to assure compliance with prescribed procedures and policies.
- Monitoring operating expenses for divisions.
- Analyzing charges to identify and research variances and communicates results.
- Responsible for assisting in monthly, quarterly, and yearly closing of the books for operating expenses for assigned divisions.
- Participating in forecasting operating expenses based on a roll-up of the previous year's actual operating expenses to arrive at a proposed target.
- Responsible for reviewing and verifying the billing information for fully insured and ASO accounts, including preparing worksheet ledgers, database entries, and custom formats needed to support billing and reconciliation process.
- Analyzes business problems and issues using data from internal and external sources to provide insight to decision-makers.
- Identifies and interprets trends and patterns in datasets to locate influences.
- Communicate and interact effectively and professionally with co-workers, management, customers, etc.

What Do You Need To Be Successful?

- Knowledge of basic accounting, audit, finance and system data analysis
- Proficiency in Word, Excel, PowerPoint
- Clear, Concise Verbal and written communication
- Uses existing procedures to solve routine or basic problems
- Learns needed skills by performing assigned work

What Are the Requirements You Must Meet?

- Bachelor's Degree in Accounting, Finance, Business OR have completed an HCSC internship in a Finance related area
- Knowledge of basic accounting, audit, finance and system data analysis
- A minimum GPA of 3.0/4.0
- Graduation date between December 2018 - June 2019
- Unrestricted authorization to work in the United States

Preferred Job Qualifications:

- Health Insurance experience or knowledge
- Demonstrates eagerness to acquire the necessary knowledge, skills, and judgment to accomplish a result or to serve a customer's needs effectively.
- Has the desire and drive to acquire knowledge and skills necessary to perform job more effectively

What Does the New Grad Program Entail?

- Formal Orientation to build business and industry acumen
- Networking opportunities among New Grads and company leaders
- Professional development workshops
- Business Resource Group Involvement
- Volunteer Activities
- Team Building

HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants. We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
Requirements: Expertise Accounting / Finance, Audit Job Type Full-Time Regular Location IL - Chicago

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