Capital Blue Cross · 1 month ago
Federal Employee Program (FEP) Financial Analyst
US-PA-Harrisburg
Full-time
Hybrid
Mid Level
$55K/yr - $104K/yr
3+ years expCapital Blue Cross is a healthcare company dedicated to improving the health and well-being of its members and communities. The Financial Analyst-FEP is responsible for financial planning, analysis, and reporting activities for the Federal Employee Program, supporting various financial functions and stakeholders.
ConsultingHealth CareHealth InsuranceProfessional Services
Responsibilities
Annual preparation of Federal Employee Health Benefit and Postal Employee Health Benefits Programs
Quarterly administrative cost preparation and submission to BCBSA
Monthly review of FEP direct and allocated expenses to FEP
Budget versus actual analysis of the individual programs and combined FEP program
Plan Incentive Program finance measures - preparation and analysis of rate of change drivers
FEP individual product allocation review
Annual Independent Public Accountant (IPA) audit relating to FEP administrative expenses
Financial requests from the BCBSA, Capital FEP Core Team, and government audits
Review of the FEP Administrative Manual, as regulation and guidance shift
Performs ad hoc reporting and other duties as assigned
Qualification
Required
3 years' health plan or healthcare finance experience
Bachelor's degree in accounting/finance/economics or related field
Strong interpersonal and communication skills, including written and oral
Ability to build productive relationships
Self-starter with the ability to streamline functions and passion to learn and grow
Proficiency with Microsoft Excel is required; familiarity with data query/data management tools (Access) extremely helpful
Strong financial analysis foundation creating forecasts and models
Strong fluency with Excel formulas and functions
Comfort dealing with ambiguity and ability to work independently
Excellent analytical and data gathering skills
Strong business acumen, knowledge of financial modeling and techniques
Preferred
Federal Employee Program (FEP) experience strongly preferred
Benefits
Medical, Dental & Vision coverage
Retirement Plan
Generous time off including Paid Time Off
Holidays
Volunteer time off
Incentive Plan
Tuition Reimbursement
Company
Capital Blue Cross
At Capital Blue Cross, we promise to go the extra mile for our team and our community.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Todd Shamash
President and CEO
Glenn Heisey
Executive Vice President and Chief Operating Office
Recent News
2025-10-02
2022-10-14
Company data provided by crunchbase