Manager Financial Planning

Description

I. GENERAL OVERVIEW: 

Direct the completion of the enrollment forecast for the Health Plan.  Lead the implementation and maintenance of forecasting tools and identify and implement other forecasting best practices.  Support the Corporation’s strategic planning efforts through the modeling of financial results at Highmark and subsidiaries/affiliates.  Support the financial analysis department in identifying the cause for variances from the financial plan.  Complete senior leadership reporting via various different tools and databases to provide real time actionable insights for all markets.  Direct the completion of ad hoc financial planning activities. 

II. ESSENTIAL RESPONSIBILITIES:

1. Perform management responsibilities to include, but are not limited to: involved in hiring and termination decisions, coaching and development, rewards and recognition, performance management and staff productivity.  Plan, organize, staff, direct and control the day-to-day operations of the department; develop and implement policies and programs as necessary; may have budgetary responsibility and authority.

2. Direct the completion of the forecast for the Health Plan and communicate results to senior management to support short term & strategic planning. 

3. Direct the implementation and maintenance of forecasting tools and identify and implement other forecasting best practices. 

4. Design the forecast model and project financial results to assist senior management in determining the financial results by business segment and assist executives in determining appropriate financial targets for subsidiaries/affiliates by analyzing competitive data and historical and projected data.

5. Support the financial analysis department in identifying the cause for variances from the financial plan.

6. Direct the completion of ad hoc financial planning activities and communicate results to senior management.

7. Design and improve senior leadership reporting via various IT tools and databases including Cognos, Tableau, SAS, Across Affiliate Database, & ERS.

8.  Manage RDS filings and continuously assess RDS structure to optimize revenue generation and Highmark's portion of the subsidy.

9. Manage and improve SIP database to ensure efficient and accurate calculation and reporting of SIP results.

10. Other duties as assigned or requested.

III. QUALIFICATIONS:

EDUCATION

Required:

• Bachelor degree in Finance, Accounting, Business Administration/Management, Engineering or related field.

Preferred:

• None

EXPERIENCE

Required:

• 5 years experience in Financial Planning & Analysis, and
• 3 years experience presenting financial results to executive leadership, financial systems / spreadsheet experience, IT reporting systems (i.e., Cognos, SQL, SAS, Access), or data visualization (Tableau), and
• 3 years management/leadership experience

Preferred:

• 3 years of experience working with actuarial concepts

LICENSURES AND CERTIFICATIONS

Required:

• None

Preferred:

• Certified Management Accountant (CMA)

• Project Management Professional (PMP)

• Certified Public Accountant (CPA) - Non-Specific

SKILLS 

• Ability to analyze financial results and to comprehend complex rating structures impacting financial results and used for financial forecasting
• Ability to interpret and summarize results of variance analysis
• Experience working with Financial Systems/Spreadsheet knowledge
• Experience working with SQL, Access databases and data visualization software
• Knowledge of Highmark products

LANGUAGE REQUIREMENT (other than English)

• None

Travel Requirements

• 0% - 25%

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