Jobs

Financial Analyst/Senior Financial Analyst
(Job #493631)

Overview

The Hilltop Institute at the University of Maryland, Baltimore County (UMBC) is seeking a Financial Analyst or Senior Financial Analyst to join its Rate Setting and Financial Analysis team. Hilltop conducts research, policy, and financial analysis to support health care financing and delivery system reform in Maryland and other states. With access to an extensive onsite data repository that includes Medicaid and Medicare administrative data, hospital discharge data, and financial data for insurers and providers participating in publicly funded health care programs in Maryland, Hilltop conducts financial and actuarial analysis and modeling to inform payment strategies and rate development for both fee-for-service and capitated health care programs. Widely recognized for its expertise in Medicaid, Hilltop is at the forefront of national efforts to find data-driven solutions to complex problems facing state policymakers as publicly funded health care systems transition to new models that reward quality and value over volume.

Responsibilities

The incumbent will apply knowledge of statistics and economics and principles of finance and actuarial science to contribute to efforts to estimate, model, and evaluate the impact of federal and state policies on eligibility, service utilization, and costs of publicly funded health care programs. The incumbent will also contribute to the development of fee-for-service and capitated payment rates for special programs, populations, and provider groups, including HealthChoice, Maryland’s $7 billion Medicaid managed care program that serves 1.6 million Marylanders, Medicaid home and community-based services (HCBS) waiver programs for older adults and individuals with physical and developmental/intellectual disabilities, the Developmental Disabilities Administration (DDA), and the Program of All-inclusive Care for the Elderly (PACE). Tasks include:

  • Develop templates for cost reporting by health plans and providers; collect, audit, and analyze cost reports
  • Produce descriptive statistics and forecast trends in eligibility, enrollment, service utilization, and costs for new and existing health care programs and evaluate the impacts of federal and state legislation and benefit changes.
  • Conduct analysis to support the development of capitated payment rates, new provider payment models, and risk mitigation strategies for public and private insurers.
  • Research and analyze national and regional trends in provider payment rates and estimate budgetary impact of provider rate increases.
  • Participate in multi-disciplinary project teams.
  • Draft reports, memoranda, and PowerPoint presentations for policymakers and stakeholders and make presentations to professional audiences.
  • Perform other duties as assigned.

Minimum Qualifications

Financial Analyst

Requires an MBA or other master’s degree with a concentration in actuarial science, economics, finance, mathematics/statistics, public administration, or a related discipline, and one year of relevant experience. (Note: A bachelor’s degree in actuarial science, economics, finance, business administration, mathematics/statistics, public administration, or a related discipline, and three years of experience may be substituted for the master’s degree and required experience.)

Senior Financial Analyst

Requires an MBA or other master’s degree with a concentration in actuarial science, economics, finance, mathematics/statistics, public administration, or a related discipline, and five years of relevant experience. (Note: A bachelor’s degree in actuarial science, economics, finance, business administration, mathematics/statistics, public administration, or a related discipline and seven years of experience may be substituted for the master’s degree and required experience.)

Demonstrated Competencies

Hilltop is seeking these competencies in the successful candidate:

  • Proven track record in applying statistics and economics and principles of finance, business, and actuarial science to develop and evaluate payment strategies for health plans and providers
  • Experience with rate setting and provider reimbursement regulations and methodologies for publicly funded health insurance programs
  • Experience in conducting research and quantitative analysis using large administrative data sets
  • The ability to effectively communicate verbally and in writing
  • Demonstrated proficiency in Microsoft Word, PowerPoint, and Excel, including pivot tables, statistical analysis, database management, and report formatting
  • Membership in the Society of Actuaries and knowledge of SAS is a plus

Compensation and Benefits

Salary is commensurate with qualifications and experience. Full benefit package and tuition remission included.

While this position is onsite at The Hilltop Institute’s offices located on the UMBC campus, options for part-time telework/remote work are available.

Application

Resumes will be accepted until the position is filled. Send a cover letter (indicating Job #493631), resume, and contact information for three professional references (in three separate attachments) to the Financial Analyst Search Committee at:

https://listings.umbc.edu/cw/en-us/job/493631/financial-analystsenior-financial-analyst

Or

resume@hilltop.umbc.edu (MS Word or PDF attachments required)

As required by the 1986 Immigration Act, be prepared to present acceptable documentation upon hire showing your identity and that you are a U.S. citizen or an alien who is authorized to work in the U.S.

UMBC is an affirmative action/equal opportunity employer.

February 2, 2023