Director Financial Planning amp Analysis - Medicare Supplement

Profile

Description

The Director, Financial Planning and Analysis - Medicare Supplement collects, analyzes and reports on various Med Supp market data to connect financial outcomes with operational effectiveness. The Director, Financial Planning and Analysis - Medicare Supplement requires an in-depth understanding of how organizational capabilities interrelate across the function or segment.

Responsibilities

The Director, Financial Planning and Analysis - Medicare Supplement works with Actuarial, Corporate Finance, Senior Products Finance, P&L/Product, Sales/MarketPoint, Operations, and other key internal, and potentially external, stakeholders to drive line of business performance optimization inclusive of activities spanning decisions required for day-to-day operations to strategic planning and addressing specific business performance issues across matrixed organization and fostering key relationships with business stakeholders. Decisions are typically related to the implementation of new/updated programs or large-scale projects supporting technical/operational procedures and processes, implementing strategic plans, driving goals and objectives, and improving performance. Provides input to inform and influence business strategy.

Contribute to strategy formulation/goal setting for Medicare Supplement financials

Lead and/or perform line of business financial planning, modeling, and forecasting to drive and/or inform management actions, strategy, and decision making

Oversee risk management by analyzing current and projected revenue versus claims and expenses; make recommendations to support sound business decisions and strategy to meet business and financial goals

Own, lead, prepare, and present reliable current, ad-hoc, and forecasting updates (long-term financial plans, monthly financial reporting, etc.) visible to Management Team/Sr. Leadership

Ensure data needs and systems are fully in place to measure and forecast business; anticipate data gaps, needs, and improvement opportunities and partner with peers to implement

Manage monthly close meetings with Corporate Finance and Actuarial

Manage annual department budget process with monthly updates

Deferred Acquisition Cost forecast management with Corporate Actuarial

Lead commissions/customer acquisition cost and profitability analyses as needed

Lead efforts around recurring and ad-hoc financial reporting (data deep dives) to ensure full view of business drivers, impacts, risks, etc. including BvA/AvE reporting views

Partner within matrixed organization ensure compliance with applicable product and accounting rules and regulations as well as company policies and standards

Required Qualifications

Master's Degree in Business Administration or a related field

8 or more years of finance and/or accounting experience

5 or more years of management experience

Experience leading activities to deliver reliable, accurate, and timely accounting, financial and statistical reports

Knowledge of complex accounting and financial transactions for reporting

Prior experience leading, overseeing, and/or developing methods and criteria for measuring and summarizing data for complex financial analyses

Ability to lead and manage projects that may necessitate cross-functional partnerships

Must be passionate about contributing to an organization focused on continuously improving consumer experiences and financial performance

Must be naturally curious about underlying performance drivers to anticipate and identify business headwinds/tailwinds and deeply understand financials to provide reliable guidance/forecasts

Excellent knowledge of data analysis and forecasting methods

Ability to strategize and solve problems

Strong leadership and communication skills across the entire organization and all levels

What Success Looks Like :

Credible, capable, curious, and communicative with all levels of management to analyze, inform, and forecast the business

Anticipate issues and data needs proactively; communicate proactively

Mastery of data currently available and/or anticipate data needs and develop greater data reporting maturity within the business

Reliability with forecasting and anticipating issues before they become material variances in actual results; contribute and influence management actions and strategy

Preferred Qualifications

Medicare Supplement experience

Certified Public Accountant

Lives or relocation to Louisville KY

Additional Information

Reports to Regional VP

If associate does not reside in Louisville travel will be required as needed post pandemic.

Can reside in Central or Eastern time zones

Scheduled Weekly Hours

40

Company info

Humana Inc.
Website : http://www.humana.com