Company:
Blue Shield of CA
Location: Los Angeles
Closing Date: 20/10/2024
Salary: £250 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description
Your Role
The Director, Financial Analytics, Select & Specialty, will oversee membership and financial planning and analysis for Select (CalPERS, ASO, Shared Advantage) and Specialty lines of business. This role requires a deep understanding of non-fully insured financial arrangements, and general financial modeling and analysis acumen. The individual will lead the finance team in planning, analysis, and reporting to support strategic decision-making. This role will report to the Senior Director Actuarial Pricing for Select & Specialty.
Your Work
In this role, you will:
- Lead and develop the Select Finance team, consisting of 5 seasoned financial analysts
- Responsible for and oversight of the team accountable for delivering annual membership forecasting and pricing of Specialty line of business
- Own and lead finance team and strategy on all membership and administrative cost forecasting and financial analysis for key ASO, Shared Advantage clients and CalPERS/FEP
- Own, evaluate and explain monthly financial variances to plan for membership, administrative expense, and operating income.
- Support the analysis of drivers for underperforming business and drive collaborative action plans to deliver on path to profitability
- Strong written and verbal communications skills needed. Will develop PowerPoint presentations on key pricing topics and decisions and review them with Senior Management
Your Knowledge and Experience
- Bachelor's degree in Finance, Accounting, other related field or equivalent experience
- Master's degree or CPA preferred
- Minimum of 12 years of relevant experience, preferably in healthcare finance, and 6 years of management experience
- Proven track record of managing financial operations and strategies
- Strong analytical and problem-solving skills, with the ability to translate complex financial data into actionable strategies
- Excellent leadership and team management abilities, with a commitment to developing team members
- Effective communication and interpersonal skills, with the ability to interact with all levels of the organization and external stakeholders
Pay Range: The pay range for this role is $165,990.00 to $248,930.00 for California.
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Blue Shield of CA