Full-Time

Financial Operations Analyst

Posted on 11/20/2024

Progyny

Progyny

501-1,000 employees

Fertility benefits management for employers

Financial Services
Healthcare

Compensation Overview

$80k - $90kAnnually

+ Bonus + Equity

Mid

New York, NY, USA

Requires onsite presence in New York for three days a week.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Power BI
SQL
Tableau
Salesforce
Business Analytics
Looker
Requirements
  • 2-4 years’ experience in Finance, Operations, or Business Analytics
  • Bachelor’s degree required
  • Proficiency in Excel required
  • Competency in SQL preferred
  • Prior experience with data visualization tools (e.g. Power BI, Cognos, Tableau, Looker) preferred
  • Organized and methodical with strong attention to detail
  • Demonstrated ability to be adaptive and inquisitive; natural problem solver
  • Ability to work autonomously with minimal direction on multiple endeavors at once
Responsibilities
  • You will spend 75% of your time focused on pricing analyses and strategies centered around margin predictability. The other 25% of your time will be allocated to transformative projects, with the goal of operationalizing processes around our new systems
  • Maintain and analyze our Medical and Rx pricing models utilizing tools such as Salesforce, Excel and PowerBI
  • Drive the direction of pricing strategy and operations through in-depth analyses to better ensure billing accuracy
  • Strategize and deliver solutions for the Finance organization to promote growth and address the evolving needs of our business
  • Partner with business unit stakeholders to define project scope and primary objectives based on business outcome expectations that will impact FP&A, Accounting and Claims Collections
  • Assist in the design and execution of training team members on how to use the operational tools

Progyny provides fertility benefits management services to employers, helping them offer comprehensive support for employees seeking fertility treatments and family-building options. Their services include intrauterine insemination (IUI), in vitro fertilization (IVF), fertility preservation, adoption assistance, and surrogacy support. Progyny partners with employers to integrate these benefits into their existing employee packages, aiming to improve clinical outcomes and reduce costs associated with fertility treatments. Unlike many competitors, Progyny focuses on delivering superior clinical results that exceed national averages and ensures a seamless integration into benefits systems. The company's goal is to meet the growing demand for fertility and family-building benefits, supporting employees' reproductive health and well-being.

Company Stage

IPO

Total Funding

$95.6M

Headquarters

New York City, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

13%

1 year growth

23%

2 year growth

67%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recognition as a TIME100 Most Influential Company and CNBC Disruptor 50 highlights Progyny's strong market position and growth potential.
  • The acquisition of Apryl allows Progyny to offer expanded global services, potentially increasing its client base and revenue.
  • Progyny's consistent superior clinical outcomes can lead to higher client satisfaction and retention.

What critics are saying

  • The highly specialized nature of Progyny's services may limit its market to employers willing to invest in fertility benefits.
  • Integration challenges with newly acquired companies like Apryl could disrupt operations and delay service enhancements.

What makes Progyny unique

  • Progyny specializes in comprehensive fertility and family-building benefits, setting it apart from general healthcare benefit providers.
  • The company's focus on superior clinical outcomes and seamless integration into existing benefits ecosystems provides a unique value proposition.
  • Progyny's recent acquisition of Apryl expands its global reach, enhancing its ability to serve multinational employers.

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