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Job Description
The Senior Manager – Financial Analysis will manage the commercial aspects of the business, own TPA business claims projection, commercial analysis and periodic reporting, while supporting and strengthening the reporting, analysis and forecasting capability to enhance and automate the function processes.
Responsibilities
Business Intelligence and Analysis
- Track and report Key Performance Indicators (KPI’s) with clear flagging of emerging problems in a timely fashion.
- Support the business with strategic initiatives and financial guidance to enhance the positioning and performance
- Conducting cost analysis, benchmarking, and risk assessments
- Develop financial projections and build financial models.
Reinsurance
- Own reinsurance contracts, (IHP, ASO & BI) by building and maintaining processes and revising agreements periodically
- Ensure best practices related to financial reconciliations
Business Reporting
- Develop and calculate corporate surplus distribution
- Ensure compliance with industry standards and rules
- Build and update Provider payment cash flow cycle
- Assist with proposals, planning, budget creation, and special projects
- Conducting cost analysis, benchmarking, and risk assessments
TPA
- Enhance TPA models that are capable of drilling claims analysis and address client request and expectations
- Update TPA financials, reporting and other analysis.
- Coordinate and act as a single point of contact with the client external Auditors
People Development
- Responsible for the team career planning, development and growth.
- Conduct ongoing 1:1 performance feedback sessions and coaching.
Skills
Qualifications
Years of Experience
- 5-12 Years
Skills Required
- Strong MS office skills.
- Extensive knowledge of statistical modelling techniques such as regression, seasonality analysis and other prediction techniques.
- Strong data management and analytical reporting skills.
- Strong presentation and communication skills
- High attention to detail
- Process and results oriented
- Good understanding of the business drivers.
Other Requirements
- BSC Degree in Finance, Accounting, Actuary, Consultant or other related major.
Job Details
Preferred Candidate
Bupa Arabia
Bupa Arabia is a healthcare insurance company based in the Kingdom of Saudi Arabia. We are an associate business of Bupa Group, which is a global healthcare company with an international reach that extends across multiple business operations, practices, and resources.
Founded in October 1997, Bupa Arabia was initially established through a partnership between Bupa Global International and Nazer Group, with the key focus to provide health insurance services with high quality and competitive prices, while ensuring a distinctive experience for customers. Bupa Arabia has since evolved into a fully Saudi-owned and operated company. Our transformation from a joint venture into a publicly traded company on the Saudi Stock Exchange occurred in 2008, as we made 40% of our shares available to the public during our Initial Public Offering (IPO).
As a subsidiary of the global Bupa Group, we draw upon international expertise while maintaining a profound understanding of local healthcare requirements and regulations. This allows us to offer comprehensive healthcare insurance solutions tailored to the unique needs of the Saudi Arabian market.
Bupa Arabia prides itself on its commitment to the wellbeing and development of its employees, providing them with the same standard of care, support, and professionalism that it expects to be delivered to its customers.
Our core values shape every aspect of our work and culture:
Commit – Own it with accountability and urgency.
Collaborate – Win together through cross-functional synergy.
Care – Put people first, both employees and customers.