Sr. Financial Analyst

Description

Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for.

We're a team that owns our work with accountability, makes data-driven decisions, embraces continuous learning, and celebrates collaboration - because success is a team sport. It's our mission to be there in the moments that matter most for our members and employees. Join us in creating a community of connected care, where coordinated, quality service is the norm and every member feels valued.

The Senior Financial Analyst will report to the Senior Director of Markets Finance and will support Medica's Joint Venture partnership with SSM Health. This position will be an integral partner to the Joint Venture business, working closely with product and market leaders and routinely engaging with external strategic partners.

The Senior Financial Analyst will be responsible for relevant financial analysis, reporting, accounting close support, forecasting, budgeting and ad hoc analyses to support the Joint Venture. This position will encompass presenting financial performance to key leadership stakeholders as well as help formulate realistic go-forward strategies including traditional at-risk products and value-based products. The Senior Financial Analyst will often need to take lead on the collection and compilation of data and partnering with key cross-functional stakeholders to execute on strategic initiatives to improve financial performance. Performs other duties as assigned.

Key Accountabilities

• Collaborate with Joint Venture leadership team to drive business growth objectives for products being offered and designed. Focus will include pricing, sales, network configuration and administrative efficiencies
• Own and lead forecasting, annual budgeting, and long-term plan development for all business segments. Regular forecasting and budgeting updates will be made throughout the year covering the entire P&L for the Joint Venture
• Represent the needs and requirements of the Joint Venture to understand and influence decisions in the development of trend reporting, cost saving initiatives, operational and platform performance and non-claims medical expenses
• Lead Joint Venture initiatives and evaluate financial performance of key decisions. Examples of such initiatives could include Affordability and Health Management programs, acquisitions, outsourcing arrangements and value-based care offerings

Required Qualifications

Preferred Qualifications

Skills and Abilities

This position is an Office role, which requires an employee to work onsite at our Minnetonka, MN office, on average, 3 days per week.

The full salary grade for this position is $98,400 - $168,600. While the full salary grade is provided, the typical hiring salary range for this role is expected to be between $98,400 - $147,525. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and / or licensure, the position's scope and responsibility, internal pay equity and external market salary data. In addition to compensation, Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.

The compensation and benefits information is provided as of the date of this posting. Medica's compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.

We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.