Note: The job is a remote job and is open to candidates in USA. Branch is on a mission to make insurance more accessible, and they are seeking a Claims Finance Analyst to own the recurring financial reporting for their claims organization. The role involves managing claims data from raw inputs to finished reports, conducting analysis, and collaborating with various teams to improve reporting processes.
Responsibilities
- Own monthly and quarterly reporting on claims performance, including efficiency metrics, expense components, and revenue streams such as TPA fees, recoveries, subrogation, and salvage
- Take reporting from raw data to finished deliverable, on time, accurately, and with the right stakeholders pulled in when data is missing
- Identify anomalies in the data and chase them down before they reach the report
- Conduct detailed analysis of expense components and revenue-generating activities to support accurate, timely financial reporting
- Identify trends and patterns in claims data to support decision-making and process improvement
- Assist in developing financial models and tools that improve claims analysis and forecasting
- Run continuous improvement on the recurring deliverables, including automating manual steps so errors do not recur
- Work closely with the claims, accounting, actuarial, and data analytics teams to gather data on cycle time, processing efficiency, and other KPIs
- Present complex information clearly to both technical and non-technical stakeholders
- Stay informed on industry practices and regulatory changes that affect reporting
Skills
- 2 to 4 years as a financial analyst, data analyst, or in a similar role. General analytical experience. Insurance experience is not required
- A track record of owning a recurring reporting process end to end. You have taken a monthly or quarterly deliverable from raw data to finished report, met the deadlines, and managed expectations. You can walk through exactly what you built and what you owned
- Proficiency in Excel and SQL. You can construct and manipulate tables, build a model, and navigate data without hand-holding
- A detail-oriented mindset. The reporting is large and easy to get wrong, and accuracy is the job
- Ownership and initiative. You move work forward proactively and take responsibility for the quality of what you ship
- Strong problem-solving. You can take an open-ended data or business question and reason through it, working independently and navigating ambiguity
- Clear communication. You can present a finding in a few sentences a non-analyst will understand, and you work well across cross-functional teams
- Bachelor's degree in Finance, Accounting, Economics, Statistics, or another quantitative field
- Familiarity with data visualization tools
- An advanced degree or professional certification
- Insurance experience with a focus on claims finance
Benefits
- Work from where you’re most comfortable. We’ll take care of your work from home set-up and monthly internet.
- After your first year at Branch, we’ll give you $1000 toward your next vacation.
- You’ll have stock options so you can invest in the company you’re helping to grow.
- Medical, vision, dental - Get all the coverage you need for a healthy, happy life.
- 401k and contribution matching - Invest in your future. Branch helps you get to retirement on time with a portion of your contributions matched each month.
Company Overview