Treasury Analyst II

With more than 7,000 employees, we are the largest health insurance company in Michigan. We offer an exciting work environment with a diverse group of employees. Our goal is to make health insurance easier for our members. We want to transform the industry and become a resource that people can trust.

Detroit, MI

Blue Cross Blue Shield of Michigan

When you think of <a href="" target="_blank" rel="noopener noreferrer">Blue Cross Blue Shield of Michigan</a> for health insurance, you can know you&rsquo;re getting much more. We're a company founded on a tradition of affordable, quality health care for everyone, improving the present and investing in the future.&nbsp;<br /><br />We offer:<br />Plans for employers and individuals that meet today&rsquo;s needs, budgets and lifestyle<br />The largest network of doctors and hospitals in the state<br />Lower health care costs Higher quality health care<br />Award-winning diversity practices<br />Grants and programs that promote better health throughout Michigan<br /><strong><br />Mission:&nbsp;</strong>We commit to being our members&rsquo; trusted partner by providing affordable, innovative products that improve their care and health.<br /><br /><a href="" target="_blank" rel="noopener noreferrer"><strong>Click here</strong></a> to learn more about our commitment to our Social Mission, view company updates and reviews, and view our awards &amp; accolades.<br /><br />For Application Timeline &amp; Selection Process:&nbsp;<a href="" target="_blank" rel="noopener noreferrer">Click Here</a>. Learn more about your options as an external candidate. <a href="" target="_blank" title="BCBSM" rel="noopener noreferrer">Click here</a> to view open positions.

keywords: position summary,support,prepare,performance,experience,knowledge,skills,degree,support


Competitive Total Compensation Package

Overview: Responsible for providing investment analytics for the Corporation&rsquo;s operating invested assets, Enterprise Risk Management, and all benefit plans. Provide support and recommendations to department staff and Treasury Services leaders as needed.
Responsibilities: <ul> <li> <div>Prepare and finalize the initial draft of the quarterly designated corporate committee and Board of Directors investment packages.</div> </li> <li> <div>Prepare and finalize initial drafts of monthly, quarterly and year end investment analytical reports for BCBSM, subsidiaries and employee benefit plans.</div> </li> <li> <div>Prepare and finalize all portfolio, alternative investment reconciliation, performance measurements and compliance reports for BCBSM, subsidiaries and all benefit plans.</div> </li> <li> <div>Prepare initial draft of investment income budgets and forecasts for BCBSM and subsidiaries. Assist in preparation of capital budget plans and model maintenance for all operating assets and benefit plans.</div> </li> <li> <div>Perform research and provide analytics for asset allocation, Enterprise Risk Management and external equity manager reviews and searches.</div> </li> <li> <div>Prepare and finalize initial draft of year-end reports (i.e. AM Best, Sarbanes Oxley, SRQs, debt footnotes) and financial statements for all benefit plans.</div> </li> <li> <div>Assist in preparing and maintenance of statutory custodian accounts.</div> </li> <li> <div>Assist department staff, acting as a liaison between Investment, Subsidiary, HR Benefits and corporate general accounting.</div> </li> <li> <div>Assist in preparing investment manager write-ups for traditional asset managers; assist in reviewing and providing analysis for alternative investment opportunities (private equity).</div> </li> <li> <div>Conduct three way match for internal trades and resolve any issues.</div> </li> <li> <div>Other duties may be assigned.</div> </li> </ul>
Requirements: <ul> <li>Bachelor's Degree in Finance or related field is required.</li> <li>Two (2) years investment experience required, three (3) years preferred.</li> <li>Two (2) years investment analytical experience required, three (3) years preferred.</li> <li>Good knowledge of Microsoft Office Suite applications (i.e. Excel, Word, PowerPoint, etc.).</li> <li>Excellent analytical, written and verbal communication skills.</li> <li>Ability to assist and contribute to special departmental projects.</li> <li>Knowledge of PC software and accounting applications is required.</li> <li>Other related skills and/or abilities may be required to perform this job.</li> </ul> <div id="gtx-trans" style="position: absolute; left: -151px; top: 26px;">&nbsp;</div>