Financial Operations Analyst - HYBRID

Cigna - St. Louis, MO

Full-time - Entry Level

Hybrid - St. Louis, MO

Insurance Carriers and Related Activities

About the position

The Financial Operations Analyst will play a crucial role in managing invoicing and cash application processes for Evernorth Behavioral Health and Military One Source programs. This hybrid position requires the analyst to be present on-site in St. Louis, Missouri, while also allowing for some remote work flexibility. The analyst will be responsible for overseeing operational invoicing activities related to specific pharmaceutical manufacturer rebate contracts, ensuring that all processes are executed efficiently and accurately. In this role, the analyst will develop a comprehensive understanding of the contracts to serve as the primary point of contact for the manufacturers regarding their monthly rebate invoices. This includes managing the invoicing and cash application within the ORMB billing system, collaborating with clients and the IT team to resolve any issues that may arise, and setting up pharma manufacturer rebate contracts and amendments within the FRP invoicing system. The analyst will also be involved in the implementation of manufacturers in the FRP system and will work closely with Contracting's Account Directors to grasp the intent of contracts, communicating the setup strategy to the BDRO team to capture enhanced or restricted rebate options. Additionally, the analyst will track all setup actions through the Houston SR system for validation and audit purposes, prepare validation packets to support all setup actions, and review manufacturer-specific invoicing and data fix results to ensure invoicing accuracy. This position requires a detail-oriented individual with strong analytical skills and the ability to manage multiple projects effectively while working under tight deadlines.

Responsibilities

• Manage invoicing and cash application for EBH and Military One Source programs in the ORMB billing system.
• Work with clients and IT team to resolve issues.
• Set up pharma manufacturer rebate contracts and amendments within the FRP invoicing system.
• Implement manufacturers in the FRP system.
• Collaborate with Contracting's Account Directors to understand contract intent and communicate setup strategy to the BDRO team.
• Track all setup actions through the Houston SR system for validation and audit.
• Prepare validation packets to support all setup actions.
• Review manufacturer specific invoicing and data fix results to ensure invoicing accuracy.

Requirements

• Bachelor's degree in Finance, Business, Economics, Statistics, or Accounting.
• 1+ years of experience in a related field with a degree.
• Excellent customer service and communication skills.
• Strong analytical skills and detail-oriented approach.
• Proficient in MS Excel and Access.
• Knowledge of PBM and healthcare industry preferred.
• Ability to organize and plan multiple projects.
• Demonstrated self-initiative and ability to work cross-functionally to resolve issues.
• Proven ability to work under tight deadlines.

Nice-to-haves

• Knowledge of PBM and healthcare industry preferred.