Job Details

Resp & Qualifications

PURPOSE:

The Senior Financial Planning & Analysis Analyst provides Short-Term high-level quantitative financial planning and forecasting functions to ensure timely and accurate reporting by assisting team members. The Senior Analyst will analyze and interpret data, utilize various sources to gather data, make recommendations to improve the financial planning process, work with other areas and communicate any issues in the process to the lead team members, play an active role in problem resolution, and take ownership of special projects to lead them to completion. Provides leadership and direction to lower-level staff.

ESSENTIAL FUNCTIONS:

• Responsible for modeling short-term financial forecasts including various scenarios as directed by senior management. This includes ensuring that assumptions used are reasonable and in-line with the latest healthcare reform information available. Also responsible for completing in depth analysis of short-term financial forecasts as needed. The incumbent will be expected to present their modeling to senior management on a regular basis.

• Responsible for tracking new developments in healthcare reform which will impact financial planning. This includes attending meetings, doing independent research, and communicating to other areas within the organization about potential impacts. This also includes keeping management up to date on all information.

• Responsible for contributing to the development and extensive analytical review of planning information/data/reports in the planning/forecasting function. This includes working within the team, working with other areas within the Company, producing presentations for senior management and communicating status of deliverables to the department head. Additionally, it includes assisting in the creation of financial models used to analyze and generate data. The types of analyses performed include rate/volume analysis, trend analysis and recast analysis. This also involves assisting in the delivery of various ad-hoc reports related to the plan/forecast.

• Responsible for performing complex financial analyses reports for management as assigned. This could include, but is not limited to annual reporting for S&P and AFF, market segment analysis, financial statement analysis and RFPs. This involves examining and interpreting data, working with other areas of the Company, and presenting and explaining analyses to management. This also involves working knowledge types of financial models and capital budgeting techniques. Also responsible for producing reports and information timely, accurately and efficiently for management.

QUALIFICATIONS:

Education Level: Bachelor's Degree, Finance, Business Administration or related field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Experience: 5 years' experience in a finance or analytical role within the finance sector or quantitative analysis

Preferred Qualifications:

• MBA/MS, preferably in a quantitative and analytical discipline. Specific experience building Excel-based financial models. Understanding of healthcare marketplace dynamics and healthcare financial and operational reporting.

Knowledge, Skills and Abilities (KSAs )

• Ability to manage long-term projects meeting deadlines and ensuring compliance.

• Ability to prepare ad-hoc analysis, experience studies and reports.

• Must demonstrate flexibility, innovation and problem-solving skills and resourcefulness.

• Ability to express technical and financial analysis in a clear, concise manner on both written and oral form.

• Strong mathematical acumen with a solid understanding of financial and accounting principles.

• Excellent communication and influencing skills, able to interface with senior leaders in the business.

• Proficient in Excel, VBA, PowerPoint, and data analysis software (e.g., SAS, Access).

• Good analytical skills, highly detail oriented and a thorough understanding of general economic theory as it relates to the lending and business environment., Advanced

• Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence. Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging. Salary Range: $80,136 - $159,159

Salary Range Disclaimer

The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilites of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).

Department

Financial Planning & Analysis

Equal Employment Opportunity

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Where To Apply

Please visit our website to apply: www.carefirst.com/careers

Federal Disc/Physical Demand

Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on health care programs.

PHYSICAL DEMANDS:

The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.

Sponsorship in US

Must be eligible to work in the U.S. without Sponsorship.

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REQNUMBER: 20911