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24 Mar 2022

Full-Time VP, Market Finance Lead

Common Wealth Care Alliance – Posted by Karonne Anywhere

Job Description

Help enable the delivery of healthcare to the most vulnerable members of society. Reporting to the SVP Finance and with a dotted line to local market General Managers, the VP, Market Finance Lead is a key member of the Finance leadership team with primary responsibility for the financial results of CCA’s health plan markets. This role will be responsible for all financial support of CCA’s local market general managers, as well as providing leadership to the Market Finance function.

Required :
Bachelor’s Degree required
Preferred:
MBA strongly preferred
Required:
10+ years of broad and deep experience with health plan finance
Required:
  • Strong written and oral communication skills, including proven negotiation skills.
  • Ability to make presentations to Senior Leadership.
  • Excellent management and leadership skills.
  • Ability to organize work effectively with strong attention to detail.
  • General understanding of actuarial sciences.
  • Proven management experience with strong emotional intelligence.
  • Excellent interpersonal skills, ability to build strong relationships with internal clients, and a successful track record of collaboration toward achieving objectives expected.
  • Prior experience building and leading high-performance teams.
  • Prior health plan experience is a must

What you will be doing

  • Lead the financial support of local market leadership to optimize the financial results of each market.
  • Oversee all finance-related activities for each market’s general manager including developing and monitoring progress against the annual budget
  • Responsible for financial analysis, identification of month-end financial drivers, and forecasting including headcount planning to ensure compliance with state requirements
  • Support management of medical cost trends and gross margin improvement initiatives
  • Perform financial impact analysis for new contracts and support negotiations
  • Review monthly performance and financial results of the business unit and provide recommendations to senior management
  • Responsible for the local market’s contribution to corporate results
  • Perform duties as the chief liaison between Corporate Finance and the local market
  • 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
  • Lead new market financial analysis
  • Work closely with Actuaries in understanding the health plans’ gross margin trends and reserving policies
  • Direct health plan analytical needs and coordinate reporting strategy
  • Support management of rate-setting activity and coordinate actuaries
  • Work closely with corporate Financial Planning & Analysis in developing budgets and forecasts and in driving market financial performance
  • Support SVP Finance, CFO, and General Managers in ad-hoc projects as needed.
  • This position is responsible for managing subordinates.
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How to Apply

Please send resume to KBrennman@commonwealthcare.org

Job Categories: Equal Opportunities. Job Types: Full-Time. Salaries: 100,000 and above.

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