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Job Details

Louisiana Medicaid Director - Financial Planning amp Analysis

Company name
Humana Inc.

Location
Metairie, LA, United States

Employment Type
Full-Time

Industry
Finance, Executive, Manager

Posted on
Oct 25, 2022

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Profile

Description

The Louisiana Medicaid Market Director of Financial Planning & Analysis is responsible for P&L oversight and management. The positions' responsibilities include but are not limited to: budgeting, forecasting, trend analysis and mitigation, rate analysis, contract review, value based risk modeling and state reporting. This Leader will work closely with the Market President, Segment CFO, and State/Association Finance Partners.

Responsibilities

The Director, Financial Planning & Analysis collects, compiles, verifies, and analyzes financial information and economic indicators so that senior management has accurate and timely information for making strategic and operational decisions. Evaluates industry, economic, financial, and market trends to forecast the organization's short, medium, and long-term financial and competitive position. May involve financial modeling, reporting and budgeting as well. Provides input into functions strategy.

Provide market specific financial leadership in the state Medicaid Market, developing a deep understanding of Humana's Medicaid strategy, capabilities, business drivers, data analytics infrastructure, operational processes, metrics and best practices

Provide overall Market P&L management and leadership with budgets, forecasts, financial analysis, trends, projections and analytics.

Provide Market leader support reporting out on financial results, long term planning and drive the understanding of financial performance and key drivers

Responsible for financial analysis, identification of month end financial drivers, and forecasting including headcount planning to ensure compliance with state requirements

Perform financial impact analysis for new contracts and support negotiations

Develop Market specific strategic plans and objectives, manage against a five year long term plan and coordinate annual budget targets that meet the short and long term plan objectives

Responsible for identifying medical cost trends and leadership of medical cost improvement initiatives

Responsible for the business unit's contribution to corporate

Provide leadership regarding rate and pricing development

Provide leadership and support regarding value based program development and administration

Ensure compliance with all state regulatory financial reporting and overall state contract management

Develop and manage meaningful relationships with the state Department of Health partners. Apply keen insight regarding the current Medicaid health care regulatory environment and competitive environment, and how the components of Humana's business model interrelate to make Humana competitive in the marketplace

Cultivate internal and external business relationships which will serve as resources of technical knowledge and performance improvement

Lead and develop staff through all phases from recruitment to training and advancement opportunities

Required Qualifications

5 or more years of healthcare financial experience;

Experience working in healthcare and strong foundation of healthcare financials

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

Bachelor's Degree

5 or more years of technical experience

5 or more years of leadership experience

Scheduled Weekly Hours

40

Humana complies with all applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex, sexual orientation, gender identity or religion. We also provide free language interpreter services. See our https://www.humana.com/legal/accessibility-resources?source=Humana_Website.

Company info

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

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