Senior Financial Analyst-Hyperion

With more than 8,000 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. Interested in joining us?

Southfield, MI

Blue Cross Blue Shield of Michigan

When you think of Blue Cross Blue Shield of Michigan 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 /> <ul> <li>Plans for employers and individuals that meet today&rsquo;s needs, budgets and lifestyles</li> <li>The largest network of doctors and hospitals in the state</li> <li>Lower health care costs</li> <li>Higher quality health care</li> <li>Award-winning diversity practices</li> <li>Grants and programs that promote better health throughout Michigan</li> </ul> <strong>Mission: </strong>We commit to being our members&rsquo; trusted partner by providing affordable, innovative products that improve their care and health.<br /><br /><strong><a href=",45.htm" target="_blank">Click here</a></strong> to learn more about our commitment to our Social Mission, view company updates and reviews, and view our awards &amp; accolades.

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Senior Analyst

Overview: Prepare annual corporate budget and forecast including all related financial schedules using complex analysis of (membership, premium revenue, benefit expenses, administrative expenses and capital expenses) for Blue Care Network and other entities as assigned.
Responsibilities: <p>Monthly accounting, financial and system analysis and complex financial modeling as assigned. This may include longterm financial plan, internal function vs. outsourcing, new products, return on investment, rating agency projections, monthly financial accounting results and regulatory financial monitoring such as risk-based capital calculations. Support Finance department on project teams by understanding complexity and bringing up any issues associated with new product and/or system implementation, system upgrades, and other special projects.</p> <p>&nbsp;</p> <p>Develop, maintain and update complex financial models with current data; modify for different varying assumptions and/or enhance financial analysis and models that have considerable financial implications to the Company. This could require complicated development of other system reports/queries to obtain data required in analysis/models.</p> <p>&nbsp;</p> <p>Understand Finance system related dependencies, research and resolve production issues and coordinate testing. Coordinate and execute the system testing and data validation related to system upgrades and new system/product implementation for Finance related functions. Investigate system related issues and work with team members and/or IT to develop and implement solutions.</p> <p>&nbsp;</p> <p>Ability to effectively interpret and summarize complex financial data to aid management in achieving strategic and operational goals. Support the development and modify and periodically update numerous finance presentations including appropriate narratives as assigned. Interfaces with various departments, senior management and individuals external to Blue Care Network on complex and intricate issues.</p>
Requirements: <p>- Bachelors Degree in Business with a major in Accounting or Finance&nbsp;required.</p> <p>- Four (4) years of financial analysis and complex financial modeling experience required.</p> <div>- Knowledge of advanced financial analysis techniques required.&nbsp; Requires strong analytical ability in identifying and understanding the essential problems and opportunities, including the ability to articulate the needs associated with them.</div> <p>- Intermediate knowledge of Microsoft Word required.</p> <p>- Advanced knowledge of Microsoft Excel and Access required.</p> <p>- Requires proven knowledge of finance, accounting (GAAP) and reporting systems.</p> <p>-&nbsp;Experience with Hyperion&nbsp;preferred.</p> <p>- High degree of complex evaluative, analysis, and problem solving skills required.</p> <p>- Excellent verbal and written communication skills including the ability to conduct presentations required.</p> <p>- Highly motivated, organized, and a self starter with excellent time management skills required.</p> <p>- Ability to think in a logical progression and apply this to database data extraction required.</p> <p>- Ability to shift gears quickly and thrives in a fast paced environment in order to balance multiple projects and responsibilities.</p> <div>- Abilities to work effectively in a team environment required.</div>