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="https://www.bcbsm.com/" 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.<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="http://www.bcbsm.com/index/about-us/our-company.html" 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 />Learn more about your options as an external candidate. <a href="https://bcbsm.taleo.net/careersection/2/jobsearch.ftl?lang=en" target="_blank" rel="noopener noreferrer">Click here</a> to view open positions. http://www.bcbsm.com

keywords: investment,support,finance,prepare,performance,experience,knowledge,degree,skills

Full-time

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>Prepare and finalize initial draft of quarterly designated corporate committee and Board of Directors investment packages.</li> <li>Prepare and finalize initial drafts of monthly, quarterly and year end investment analytical reports for BCBSM, subsidiaries and employee benefit plans.</li> <li>Prepare and finalize all portfolio, alternative investment reconciliation, performance measurements and compliance reports for BCBSM, subsidiaries and all benefit plans.</li> <li>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.</li> <li>Perform research and provide analytics for asset allocation, Enterprise Risk Management and external equity manager reviews and searches.</li> <li>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.</li> <li>Assist in preparing and maintenance of statutory custodian accounts.</li> <li>Assist department staff, acting as a liaison between Investment, Subsidiary, HR Benefits and corporate general accounting.</li> <li>Assist in preparing investment manager write-ups for traditional asset managers; assist in reviewing and providing analysis for alternative investment opportunities (private equity).</li> <li>Conduct three-way match for internal trades and resolve any issues.</li> <li>Other duties may be assigned.</li> </ul> <strong>Additional Departmental Duties</strong><br /> <ul> <li>Prepare 90-day funding forecast for benefit plans.</li> <li>Assist in preparing and filing tax forms.</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>