Milliman · 9 hours ago
Financial Analyst – Indianapolis Health
Indianapolis, IN
Full-time
Hybrid
Entry, Mid Level
$65K/yr - $126K/yr
1+ years expMilliman is an independent company that delivers market-leading services and solutions to clients worldwide. They are seeking a Financial Analyst to support consulting work with Medicaid state agencies, focusing on analyzing cost and expense reporting for healthcare entities and assisting in various quantitative and qualitative analysis projects.
AnalyticsConsultingInsurTech
No H1B
Responsibilities
Collect, review, and provide feedback on cost and other financial reports submitted by third-party entities serving health and human service agencies
Evaluate cost and other financial reports for compliance with provided instructions and applicable regulatory guidance
Perform reconciliation of cost reports relative to a general ledger, encounter data, and/or audited financial statements
Recognize and identify reporting errors and develop proposed solutions
Communicate results to internal stakeholders, verbally and written, within all levels of our organization
Perform ad-hoc reconciliations and work on special projects, as required
Work both independently and collaboratively on projects
Ensure quality assurance and peer review are completed on all client deliverables
Qualification
Required
Bachelor's degree in accounting, finance, business management, or a related field of study
Advanced proficiency in Visual Basic for Applications (VBA) with a demonstrated ability to write, debug, and optimize complex macros and automation scripts, particularly within Microsoft Excel
Foundational knowledge of accounting/financial statements and managerial/cost accounting for healthcare entities
Understanding of insurance concepts such as reserving and premium rate setting
Understanding of health economics concepts such as medical loss ratio, underwriting margin, cost and utilization metrics
Experience with Microsoft Excel or other similar software in performing quantitative analysis
Basic coding ability in one or more languages (e.g., SAS, R, SQL) with the desire to learn others
Strong written and oral communication skills
Ability to utilize critical thinking, exhibit problem solving capabilities, and demonstrate learning agility
Organizational and time management skills, ability to prioritize and perform effectively in a fast-paced, deadline-driven environment
Basic knowledge of Gen AI tools, how to utilize AI to enhance productivity, and potential ethical considerations or concerns
Preferred
1 to 3 years of full-time professional work or Internship experience in financial analytics, cost reporting, or related
Master's degree in accounting, finance, business management, or a related quantitative field
Experience working within a health-related company, and/or consulting firm environment(s)
Benefits
Medical, Dental and Vision - Coverage for employees, dependents, and domestic partners
Employee Assistance Program (EAP) - Confidential support for personal and work-related challenges
401(k) Plan - Includes a company matching program and profit-sharing contributions
Discretionary Bonus Program – Recognizing employee contributions
Flexible Spending Accounts (FSA) - Pre-tax savings for dependent care, transportation, and eligible medical expenses
Paid Time Off (PTO) – Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.
Holidays - A minimum of 10 observed holidays per year
Family Building Benefits including Adoption and fertility assistance
Paid Parental Leave - Up to 12 weeks of paid leave for employees who meet eligibility criteria
Life Insurance & AD&D - 100% of premiums covered by Milliman
Short-Term and Long-Term Disability – Fully paid by Milliman
Company
Milliman
Milliman is a risk management, benefits, and technology firm that offers insurance and retirement services.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Kathy Kalstrup
Chief Operating Officer
Amy Litton
DC Operations Support Consultant
Recent News
2026-01-11
Company data provided by crunchbase