Financial Reporting Analyst
Financial Reporting Analyst
Location:
This role requires associates to be in-office 1 – 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work‑life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered if candidates reside within a commuting distance from an office.
The Financial Reporting Analyst is responsible for the timely and accurate preparation of complex external financial statements and all related filings. Prepares and compiles one or more of the following financial statements:
Annual and Quarterly Statutory Financial Reports, Annual Statutory Audited Financial Statement, Form 10‑K and/or Form 10‑Q.
- Coordinates and compiles complex financial statements and analyzes results.
- Assists in the interpretation of new accounting pronouncements and issues papers.
- Prepares draft responses to government and/or regulatory agencies requests and inquiries, providing information for external audits.
- Interfaces with departments and management to communicate concerns and resolve issues timely.
- May prepare draft technical accounting position memorandums, coordinate and compile annual and semi‑annual Risk‑Based Capital calculations, and maintain and update financial analysis packages given to senior management for comparison between GAAP, BCBSA, or statutory accounting analysis.
- Reviews actual versus forecasted medical loss ratio results and recommends and develops enhancements to accounting methods and procedures.
Requires BA/BS in finance or accounting and a minimum of 5 years of directly related experience; or any combination of education and experience that would provide an equivalent background.
Preferred Skills, Capabilities & Experiences- MBA, CMA and/or CPA preferred.
- Previous experience involving the application of GAAP or statutory accounting principles and/or SEC or other financial reporting experience is preferred.
Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws.
Applicants who require accommodation to participate in the job application process may contact elevancehealthj for assistance.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws, including, but not limited to, the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act.
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