Senior Accounting Analyst - Minnetonka, MN or Columbia, MD

    • Minnetonka, MN

Position Description

UnitedHealthcare is a company that's on the rise. We're expanding in multiple directions, across borders and, most of all, in the way we think. Here, innovation isn't about another gadget, it's about transforming the health care industry. Ready to make a difference? Make yourself at home with us and start doing your life's best work.(sm)

The primary purpose of the job is to ensure that all dental and vision medical expense is accurately booked and accounted for. The function will also work closely with the dental/vision actuaries, the RPS reporting team, and the claims accounting team to ensure that general ledger amounts are in sync with actuarial reporting and claims subsystems (data repositories). In addition, the function is responsible for providing medical expense variance analyses to management which incorporate month over month, actual vs. forecast and actual vs. budget comparisons.

Primary Responsibilities:

Claims Reporting:

  • Analyze claims posted to the GL through Facets/Scion/VAS (via FTS tagging and FSDB) for accuracy and appropriateness
  • Assist with RPS package setup and review
  • Analyze tagging and coordinate with the claims accounting team to ensure that tagging tables are updated appropriately
  • Review ledger and sub-ledger tie-outs (RPS, etc.)
  • Analyze claims retroactivity and coordinate retroactivity reporting with the actuaries and the RPS team
  • Use the Chart reporting tool for lag production
  • Analyze medical expense to ensure claims/IBNR and related amounts are being posted to the correct Business/Operating Unit (BU/OU)
  • Coordinate with the claims accounting team for any claims reversals/corrections
  • Coordinate with the Revenue manager to ensure that claims and revenue are in sync by entity, by group
  • Ensure that membership is consistent with claims booked by entity
  • Ensure that intersegment claims expense is complete/accurate and posted to the correct BU/OU
  • Prepare/review non-RPS journal entries posted to the GL
  • Prepare/approve account reconciliations
  • Prepare/approve R-file claims reporting
  • Review eliminations posted related to intersegment accounting
  • Review and analyze capitation posting
  • Work with Actuaries and evaluate the reasonableness of the IBNR reserves
  • Vision specific responsibilities
  • Ensure costs are appropriately recorded on lab and store OUs
  • Oversight of intersegment profit between lab and regulated entities and ensure proper elimination.
  • Review Cost of Goods sold expense accounts
  • Inventory, rebates and accounts payable oversight


Regulatory:

  • Prepare/review PBEs for regulated entity audits
  • Prepare/review PBEs for Department of Insurance (DOI) audits and other requests
  • Prepare/review the preparation of regulated entity analytics
  • Provide regulatory team with assistance in researching DOI requests
  • Prepare/review the preparation of clean claims reports
  • Prepare/review the preparation of the claims portion of the reinsurance analysis


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 concentration in accounting/finance
  • 3+ years of experience in accounting
  • High proficiency in Excel and essbase
  • Ability to extract data from various systems and produce summarized, custom reports


Preferred Qualifications:

  • Strong written and verbal communication skills
  • Strong attention to detail
  • Proven ability to meet strict deadlines
  • CPA
  • RPS/Chart experience


Careers with UnitedHealthcare. Let's talk about opportunity. Start with a Fortune 6 organization that's serving more than 85 million people already and building the industry's singular reputation for bold ideas and impeccable execution. Now, add your energy, your passion for excellence, your near-obsession with driving change for the better. Get the picture? UnitedHealthcare is serving employers and individuals, states and communities, military families and veterans where ever they're found across the globe. We bring them the resources of an industry leader and a commitment to improve their lives that's second to none. This is no small opportunity. It's where you can do your life's best work.(sm)

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.

Job Keywords: accounting, senior accountant, GAAP, Specialty benefits, month end close, journal entries, Minnetonka, Minnesota, MN, Columbia, Maryland, MD


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