Company name
Humana Inc.
Location
Louisville, KY, United States
Employment Type
Full-Time
Industry
Finance, Executive, Manager, Accounting
Posted on
Dec 03, 2020
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