Our healthcare system is the leading cause of personal bankruptcy in the U.S. Every year, over 50 million Americans suffer adverse financial consequences as a result of seeking care, from lower credit scores to garnished wages. The challenge is only getting worse, as high deductible health plans are the fastest growing plan design in the U.S.
Cedar’s mission is to leverage data science, smart product design and personalization to make healthcare more affordable and accessible. Today, healthcare providers still engage with its consumers in a “one-size-fits-all” approach; and Cedar is excited to leverage consumer best practices to deliver a superior experience.
The Role
U.S. healthcare is frustrating and deeply flawed. Cedar’s mission is to drive better outcomes for everyone involved, including providers, insurance companies and the people they serve. At a time when consumer-friendly healthcare experiences are more critical than ever, our platform is uniquely equipped to solve problems that lead to billing issues and administrative waste. At Cedar, know that your work will have a meaningful impact on people’s lives.
Cedar is seeking an Analyst to join our Strategic Finance team! This individual will play a meaningful role in driving a data-driven approach to our long-term business strategy and ensure execution on those goals. We're seeking a highly analytical and strategic thinker, focusing on Commercial and Product Finance initiatives. This role will be instrumental in driving data-driven decision-making across our product portfolio and commercial operations as we scale in 2025 and beyond.
Our ideal candidate is highly strategic, analytical, and data-driven, with the ability to balance detailed product economics while maintaining sight of Cedar's broader commercial vision. This role sits at the intersection of product, engineering, sales, and finance, requiring someone who can translate complex technical and financial concepts across different audiences. The right person will be equally comfortable diving deep into product metrics and cost structures as they are discussing pricing strategy with commercial teams. As a crucial cross-functional position, this individual will need exceptional communication skills to effectively partner with product managers, engineering leads, sales executives, and finance leadership while delivering insights that drive strategic decision-making.
Responsibilities
- Partner with Product and Engineering teams to develop and maintain product-level P&Ls and profitability analysis
- Partner with Sales and Marketing teams to analyze pricing effectiveness and market opportunities
- Create and improve frameworks for evaluating new product investments and pricing strategies
- Support resource allocation analysis across products and features to optimize R&D investments
- Develop cost allocation methodologies to understand client and product-specific economics
- Support the development and implementation of pricing strategies for both existing and new products
- Assist in deal desk operations by providing financial analysis for complex deal structures
- Help build and maintain revenue forecasting models with a focus on Contracted Annual Recurring Revenue
- Create analytical frameworks to evaluate new market opportunities and expansion initiatives
- Support preparation of quarterly portfolio reviews and product investment materials
- Collaborate on development of business cases for new product initiatives
- Assist in creating board and executive materials related to product and commercial performance
- Help develop and track KPIs for measuring success of new product launches and commercial initiatives
- Partner with cross-functional teams to improve data quality and reporting processes
Required Skills & Experience
- 2-4 years of experience, preferably in investment banking, high-growth corporate finance, private equity or venture capital.
- Strong attention to detail and ability to utilize data to determine decisions
- Outstanding financial modeling and forecasting skills
- Excellent proficiency in Excel and developing modeling skills and advanced querying
- Positive attitude with desire to work across multiple teams and comfortable wearing multiple hats
- Excellent listening and communication skills (verbal, written, presentation) and ability to partner with technical and non-technical stakeholders
- Passionate about Cedar’s mission of improving the healthcare finance experience
Compensation Range and Benefits
- Salary/Hourly Rate Range*: $88,000 - $115,000
- This role is also bonus and equity eligible
- This role offers a competitive benefits and wellness package
*Subject to location, experience, and education
#LI-REMOTE
What do we offer to the ideal candidate?
- A chance to improve the U.S. healthcare system at a high-growth company! Our leading healthcare financial platform is scaling rapidly, helping millions of patients per year
- Unless stated otherwise, most roles have flexibility to work from home or in the office, depending on what works best for you
- For exempt employees: Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of PTO per year to ensure dedicated time to spend with loved ones, explore, rest and recharge
- 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
- Diversity initiatives that encourage Cedarians to bring their whole selves to work, including the Cedarian Advisory Group (a cross-functional cohort focused on increasing internal inclusiveness at Cedar) and three employee resource groups: be@cedar (for BIPOC-identifying Cedarians and their allies), Pridecones (for LGBTQIA+ Cedarians and their allies) and Cedar Women+ (for female-identifying Cedarians)
- Competitive pay, equity (for qualifying roles) and health benefits that start on the first of the month following your start date (or on your start date if your start date coincides with the first of the month)
- Cedar matches 100% of your 401(k) contributions, up to 3% of your annual compensation
- Access to hands-on mentorship, employee and management coaching, and a team discretionary budget for learning and development resources to help you grow both professionally and personally
About us
Cedar was co-founded by Florian Otto and Arel Lidow in 2016 after a negative medical billing experience inspired them to help improve our healthcare system. With a commitment to solving billing and patient experience issues, Cedar has become a leading healthcare technology company fueled by remarkable growth. Over the past several years, we’ve raised more than $350 million in funding from investors such as Andreessen Horowitz and Tiger Global, bringing Cedar’s valuation to $3.2 billion.
As of December 2023, Cedar is engaging with 25 million patients on an annualized basis, and is on target to process $2.6 billion in patient payments annually. Cedar’s ambition is to serve 50-60 million Americans by 2025, about half of the U.S. population that makes medical payments annually. Cedar partners with more than 55 leading healthcare providers and payers including Highmark Inc., Allegheny Health Network, Novant Health, Allina Health and Providence.
