Analyst Lead-Investment Accounting

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.

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Competitive Total Compensation Package

Overview: <p>Lead the process for providing complete and accurate financial information for the Company&rsquo;s balance sheet and income statement as it relates to activity affecting the Company&rsquo;s investment portfolios and the Employee Benefit Plans.&nbsp; Ensure the integrity of the investment assets and provide guidance related to investment accounting software.&nbsp; Prepare monthly, quarterly and annual financial statements and Regulatory schedules for the Company and its reporting subsidiaries. Lead analysis of financial data for variance resolution. Complete journal entries, and identify, analyze, and reconcile variances and ledger accounts.&nbsp;</p>
Responsibilities: <ul> <li>Assess compiled information for accuracy and completeness.&nbsp;</li> <li>Manage and review monthly GAAP and STAT ledgers.</li> <li>Prepare quarterly and annual Footnotes.</li> <li>Develop and maintain an effective working relationship with internal and external customers.&nbsp;</li> <li>Assist in the development of improved workflow and business processes and/or procedures within area(s) to improve customer service, decrease operational costs and improve overall quality.</li> <li>Provide support for departmental special projects.&nbsp;</li> <li>Assist personnel at various levels by answering questions and supplying information.&nbsp;</li> <li>Continue to advance the Investment Accounting department as the Center for Excellence for Enterprise wide financial reporting.&nbsp;</li> <li>Other duties may be assigned.</li> </ul>
Requirements: <p><strong><u>Departmental Preferences</u></strong></p> <ul> <li>Eagle Investment Accounting system experience preferred</li> <li>Clearwater Analytics system experience preferred</li> <li>Oracle experience preferred</li> </ul> <p><strong><u>Qualifications &ndash; Internal/External</u></strong></p> <ul> <li>Bachelor&rsquo;s Degree in business or related field.&nbsp; Master&rsquo;s Degree or CPA preferred.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li> <li>Five (5) or more years of experience in (GAAP) Accounting or Finance required.</li> <li>Product and/or accounting knowledge of fixed income and equity securities required.&nbsp;</li> <li>Product and/or accounting knowledge of derivative securities preferred.</li> <li>Proficient in current industry standard PC applications and systems (Access, Excel, Word and Microsoft Outlook) required.</li> <li>Experience with Statutory accounting preferred.</li> <li>Excellent analytical, organizational, presentation, verbal and written communication skills.</li> <li>Ability to work independently or within a team environment with multiple priorities &amp; deadlines.</li> <li>Ability to plan, organize, and control projects.</li> <li>Ability to lead and contribute to process improvement projects.</li> </ul> <div id="gtx-trans" style="position: absolute; left: -150px; top: -20px;">&nbsp;</div>