Aiptasia. Definitely bad.
It looks like it is on a frag plug, so you could take the plug out and put glue over the Aiptasia to kill it.
If you can't, or don't want to risk getting glue on the coral, you could always buy some Aiptasia X. Just squirt it into the mouth of the Aiptasia, and it will die.
For a natural solution, you can get a Peppermint Shrimp. Juat make sure it is the specific species Lysmata Wurdemanni. Other species could wind up eating corals. But Lysmata Wurdemanni won't eat corals.