Elevance Health
GBD Finance Director
Elevance Health, Topeka, Kansas, United States, 66652
Elevance Health GBD Finance Director
Location:
Topeka, KS or Overland Park, KS. This position will work a hybrid model (remote and office). The candidate must live within 50 miles of one of our Elevance Health PulsePoints in Kansas.The
GBD Finance Director
is responsible for financial leadership, decision support, and strategic consultation to the leadership team in the Health Plan. Directs health plan financial analysis, cost of care analytics, trend analysis, financial reporting, financial operations, and cost and budget management and allocation in a Health Plan with an assigned product or portfolio, which may include specialty products and/or provider contracting arrangements that carry financial risk to the plan P&L, serves as legislative consultant with state partners on financial/reimbursement policy and payment mechanisms.How you will make an impact:Directs market leadership for P&L and SG&A budget; operates as a financial liaison to state partners.Leads rates management and negotiation including reserve development and analytics.Leads the Medical Cost Trend identification and mitigation process.Maintains trends that are appropriate given premium reimbursement.Reviews, analyzes, reports, and presents financial results.Provides decision support for business unit President and senior management teams’ operational and business goals.Directs health plan preparation of overall budget, forecast, and cost allocation processes.Achieves Medical Cost and MLR targets set in plans and forecasts.Ensures that provider network contracting efforts obtain the best possible financial arrangements.Directs Health Plan preparation of annual operating/capital budget and quarterly forecasts to provide senior leadership with tools necessary to maximize investment of resources.Directs interface with regulatory and audit personnel and technical consultants as required to ensure fiscal accountability.Minimum Requirements:Requires a BA/BS in Finance, Business Administration, or Accounting and a minimum of 8 years of progressive financial experience accounting, financial reporting, business analysis, budgeting, forecasting, and strategic and tactical planning within a health insurance/managed care environment; or any combination of education and experience, which would provide an equivalent background.Preferred Skills, Capabilities, and Experiences:MBA preferred.Experience with complex business environments including multiple entity and highly regulated situations strongly preferred.Experience to support Medicaid line of business in a leading role preferred.Must be a Kansas resident.Job Level:
Director EquivalentWorkshift:
1st Shift (United States of America)Job Family:Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.
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Location:
Topeka, KS or Overland Park, KS. This position will work a hybrid model (remote and office). The candidate must live within 50 miles of one of our Elevance Health PulsePoints in Kansas.The
GBD Finance Director
is responsible for financial leadership, decision support, and strategic consultation to the leadership team in the Health Plan. Directs health plan financial analysis, cost of care analytics, trend analysis, financial reporting, financial operations, and cost and budget management and allocation in a Health Plan with an assigned product or portfolio, which may include specialty products and/or provider contracting arrangements that carry financial risk to the plan P&L, serves as legislative consultant with state partners on financial/reimbursement policy and payment mechanisms.How you will make an impact:Directs market leadership for P&L and SG&A budget; operates as a financial liaison to state partners.Leads rates management and negotiation including reserve development and analytics.Leads the Medical Cost Trend identification and mitigation process.Maintains trends that are appropriate given premium reimbursement.Reviews, analyzes, reports, and presents financial results.Provides decision support for business unit President and senior management teams’ operational and business goals.Directs health plan preparation of overall budget, forecast, and cost allocation processes.Achieves Medical Cost and MLR targets set in plans and forecasts.Ensures that provider network contracting efforts obtain the best possible financial arrangements.Directs Health Plan preparation of annual operating/capital budget and quarterly forecasts to provide senior leadership with tools necessary to maximize investment of resources.Directs interface with regulatory and audit personnel and technical consultants as required to ensure fiscal accountability.Minimum Requirements:Requires a BA/BS in Finance, Business Administration, or Accounting and a minimum of 8 years of progressive financial experience accounting, financial reporting, business analysis, budgeting, forecasting, and strategic and tactical planning within a health insurance/managed care environment; or any combination of education and experience, which would provide an equivalent background.Preferred Skills, Capabilities, and Experiences:MBA preferred.Experience with complex business environments including multiple entity and highly regulated situations strongly preferred.Experience to support Medicaid line of business in a leading role preferred.Must be a Kansas resident.Job Level:
Director EquivalentWorkshift:
1st Shift (United States of America)Job Family:Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. We are a Fortune 25 company with a longstanding history in the healthcare industry, looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve.Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process. Candidates must reside within 50 miles or 1-hour commute each way of a relevant Elevance Health location.
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