Salary
💰 $185,200 - $352,700 per year
About the role
- Provide leadership, oversight and proactive management of all aspects of finance for the Business Unit
- Oversee all finance related activities for business unit including developing and monitoring progress against Annual Operating Plan
- Responsible for financial analysis, identification of month end financial drivers, and forecasting including headcount planning to ensure compliance with state requirements
- Identify medical cost trends and lead medical cost improvement initiatives
- Perform financial impact analysis for new contracts and support negotiations
- Review monthly performance and financial results of the business units and provide recommendations, rationale for variances and impact to forecast to senior management
- Establish financial strategic vision, objectives, policies and procedures in support of the overall strategic plan
- Oversee and validate pricing models and lead initiatives to identify inefficiencies and areas of development and improvement
- Direct health plan analytical needs and coordinate reporting strategy
- May lead rate setting activity and coordinate corporate and state actuaries
- Responsible for the business unit’s contribution to corporate
Requirements
- Bachelor's Degree in Finance, Accounting, Economics, Business Administration or equivalent experience required
- Master's Degree preferred
- 8+ years in a high-level finance role in the healthcare or insurance industry required
- Previous management experience including responsibilities for hiring, training, assigning work and managing performance of staff
- CPA preferred
- Strong financial analysis and forecasting skills, including headcount planning and month-end financial driver identification
- Experience identifying medical cost trends and leading cost improvement initiatives
- Experience with pricing models, rate setting and coordinating with actuaries
- Ability to perform financial impact analysis for contracts and support negotiations