Rate Analyst monitors, reviews, and evaluates service rates and charges for various public utilities. Calculates cost-of-service and performs related rate analysis. Being a Rate Analyst ensures filings comply with the Federal Energy Regulatory Commission requirements. Typically requires a bachelor's degree of business administration or related field. Additionally, Rate Analyst typically reports to a manager or head of a unit/department. The Rate Analyst gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Rate Analyst typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
Element employees make a difference in the lives of others every day. We are re-defining the fleet management industry to be people first, then business - delivering on our promise of a superior client experience. This takes hard work and innovation, and we need more like-minded people on our team.
What We Need
We are looking for a Rate Analyst, to join Element Fleet Management. As the largest pure-play fleet manager in the world, we provide unmatched products and services and solutions to our clients.At Element, employees play a critical role in delivering value to customers and ensuring an exceptional client experience. We are committed to the success of our clients, employees, and investors by fostering a culture where every employee can make a difference!
Are you:
Are you detail-oriented and efficient in data entry, ensuring accuracy as a rate analyst
Can you excel in meticulous data management, and maintain precision pricing information in a fast-paced setting
As the Rate Analyst, you will ensure quality input and results of the Customer Programs & Rates team through reviewing data input into CPE, Xcelerate & FSP billing system and reviewing subsequent reporting or client bills to ensure billing output meets contract terms and pricing approvals and set up procedures.
A Day in the Life
Supports coordination and set up administration of all products and services for US & Canada within aligned regions
Administers new service setup as well as lease & loan rate setup and change of existing rates for new and existing client contracts
Validate contract and program enrollment data inputs are accurate and meet credit & pricing approvals, lease eligibility and compliance guidelines
Develop a comprehensive understanding of the following processes for any support required relating to Lease term changes, in-service date changes, parent/child transfers, billing validation and adjustments, services program enrollment
Understand clients' business strategies and objectives and translate into solutions to achieve successful outcomes for both the client and Element
Partner with Commercial to ensure clients' overall visits meet expectation as needed
Participates in re-amortization analysis supporting Commercial, Finance, Operations & Strategic Consulting
Ensures timely activation of units with contract validation errors through reporting ( 510 and 753 error reports)
Perform analysis using policy guidelines in order to generate billing adjustments for any retroactive pricing that is not system-generated
Perform review and audit client setup and implementations to ensure quality control; data inputs are accurate and meet approval and compliance guidelines
Accurately and successfully takes ownership of issues/challenges having client impact and applies problem-solving/root cause analysis to identify, recommend and implement solutions
Partner with New Business Implementation on new client implementations to ensure successful client onboarding and implementation of new leases and services. Participate in implementation from the perspective of the best solution for the client's needs
Consult and resolve any issues relating to client setup, pricing and billing corrections with the Account Team and clients if required, ensuring end results are within guidelines and contract terms to include communication at all business levels
Requirements
Bachelor's degree in Business Administration or a related field preferred
Interpersonal and communication skills a must
Financial services industry knowledge a plus
Ability to document procedures and process flows is helpful
Strong acumen for multi-tasking, follow up, prioritization and analytics
Must be detail oriented, accurate and able to work in a fast-paced environment
Microsoft Excel knowledge is required
Knowledge of FSP billing system a plus. Standard Microsoft Office skills required
Travel may be required
What's in it for You
* A culture of innovation, empowerment, decision-making, and accountability
* Comprehensive health and welfare benefits that serve the needs of you and your family and foster a culture of wellness
* Additional benefits and amenities, including paid time-off programs (vacation, sick leave, and holidays)
* Hybrid work environment for most positions
Applicants will be required to undergo a background check only if and after a conditional offer of employment has been extended.
Element Fleet Management and its wholly owned subsidiaries are an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, gender identity, age, sex, sexual orientation, disability, national origin, Aboriginal/Native American status, protected veterans' status or any other legally-protected factors. Disability-related accommodations during the application and interview process are available upon request. Should you require an accommodation with our hiring process please send an email to or call (800) 665-9744.