Revenue Analyst

Revenue Analyst, Self-Funded Health Plans

Location: Chicago, Illinois
Work Arrangement: 100% Remote
Employment Type: Full Time
Salary: $55,000–$65,000 annually

Description

POSITION SUMMARY

The Revenue Analyst supports Allied’s strategic and financial objectives by assisting in the analysis of current and historical claims data for prospective/current client engagements.

ESSENTIAL FUNCTIONS

• Assist in the analysis of claim data to provide insights into prospective/current client health plans. Support the sales/retention and marketing teams with data-driven information to facilitate client acquisition strategies.
• Help in reviewing and preparing new/renewal business proposals, aiming for competitive and accurate pricing of Allied’s products and services. Gain an understanding of Allied product offerings.
• Support the strategic placement of stop loss coverage under the guidance of more senior team members, helping to ensure optimal risk management and financial protection for Allied and its prospects/current clients.
• Assist in the negotiation process of new business prospects/renewal clients and manage relationships with vendor partners under supervision, contributing to enhanced service offerings and operational excellence.
• Support network analysis for new business prospects/current clients and partake in collaborative efforts with stop-loss partners for pricing strategies. Support the Sales Executive/Client Executive in sales/retention and marketing calls, helping to foster strategic external and cross-departmental relationships.
• Engage in ongoing learning in group medical stop loss reinsurance and underwriting principles, to support and eventually lead strategic client engagements.
• Other duties as assigned.

EDUCATION

• Bachelor’s degree or equivalent work experience required.

EXPERIENCE AND SKILLS

• 1-3 years of experience in an analytical role required (e.g., data analyst, financial analyst, business analyst).
• Some familiarity with Group Health Insurance and/or Stop Loss experience is advantageous but not required.
• Medical Stop Loss Underwriting experience a plus.
• Microsoft Access experience a plus.
• Excellent verbal and written communication skills.
• Excellent organizational skills and attention to detail.
• Strong analytical and problem-solving skills.
• Ability to function well in a high-paced and at times stressful environment.
• Excellent time management skills with a proven ability to meet deadlines.
• Ability to work within a team and a collaborative environment.
• Ability to self-audit.
• Moderate experience with Microsoft Office Suite (Word, Excel, PowerPoint, and Dynamics).

POSITION COMPETENCIES

• Accountability
• Analytical Thinking
• Collaboration
• Communication
• Customer Focus
• Functional Expertise
• Initiative

PHYSICAL DEMANDS

• This is standard desk role requiring extended periods of sitting and computer work.

WORK ENVIRONMENT

• Remote

Here at Allied, we believe that great talent can thrive from anywhere. Our remote friendly culture offers flexibility and the comfort of working from home, while also ensuring you are set up for success. To support a smooth and efficient remote work experience, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 100Mbps download/25Mbps upload. Reliable internet service is essential for staying connected and productive.

The company has reviewed this job description to ensure that essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.

Compensation is not limited to base salary.  Allied values our Total Rewards, and offers a competitive Benefit Package including, but not limited to, Medical, Dental, Vision, Life and Disability Insurance, Generous Paid Time Off, Tuition Reimbursement, EAP, and a Technology Stipend.

Allied reserves the right to amend, change, alter, and revise, pay ranges and benefits offerings at any time.  All applicants acknowledge that by applying to the position you understand that the specific pay range is contingent upon meeting the qualification and requirements of the role, and for the successful completion of the interview selection and process.  It is at the Company's discretion to determine what pay is provided to a candidate within the range associated with the role.