Senior Associate Financial Strategy & Planning

Job ID: LMS-1019545 Description:

HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants.We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

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Please note that only requests for accommodations in the application process will be returned. All applications, including resumes, must be submitted through HCSC's Career website on-line application process. If you have general questions regarding the status of an existing application, navigate to "my account" and click on "View your job submissions".

HCSC is committed to providing the best possible experience for our members and in support of this mission, we are building out a new team who will partner with product line business leaders, our actuaries, our analytics group and financial reporting to develop business strategies and targets to improve overall business performance. This position will have exposure to high level executives and the ability to make a significant impact on our business. We are looking for critical thinkers who thrive on helping to build a team to its full potential.

Job Purpose:

This position is responsible for leading the identification and reporting of systematic business performance imperatives such as revenue growth and cost savings. This position is also responsible for leading in the preparation of models, presentation materials, studies and systems for the purposes of presenting to senior leaders, and driving a deep understanding of the financial outcomes of a Line of Business. This position will also demonstrate a deep understanding of industry concepts, including an understanding of the Companys specific practices, procedures, systems and applications.

Job Responsibilities:

  1. Applies inputs of membership and margin targets from Company and business leadership to shape into a multi-year plan to achieve projected outcomes.

  2. Defines and identifies targets and financial levers to achieve certain business outcomes.

  3. Assists business leadership with understanding concepts around competitive pricing, in order to achieve membership goals, revenue goals, claims targets, margin goal and administrative expense goals.

  4. Consults with business leadership to understand budget levers that can be utilized to achieve certain business outcomes.

  5. Performs moderately complex analysis and demonstrates a good understanding of the financial outcomes for a Line of Business.

  6. Designs and develops models, studies and databases that will support analyses of financial outcomes for a Line of Business.

  7. Performs activities supporting senior staff, to compose, organize and facilitate presentations.

  8. Provides support for initiatives and special projects as needed.

Required Job Qualifications:

  • Bachelor Degree in Actuarial Science, Mathematics, Statistics or Economics, or related fields. Other Bachelor Degrees may be considered.
  • 2 years of experience in financial consulting or financial analysis.
  • PC proficiency to include Word, Excel, PowerPoint or similar. Proficiency in designing reports.
  • Strong verbal and written communications skills to prepare effective documentation, facilitate training and development, and participate in presentations.
  • Experience working cross-functionally within all levels of the organization, and in problem resolution.
  • Experience in developing, maintaining and leveraging collaborative relationships with internal and external stakeholders and business leaders, to accept recommendations, cooperate or change their behavior, facilitating the accomplishment of business goals.
  • Negotiation and influencing skills.

Preferred Job Qualifications:

  • Master Degree in Actuarial Science, Mathematics, Statistics or Economics.
  • Health insurance industry experience.
  • Tableau, PowerPoint or similar.
  • 4 years of experience.

This position is located in Chicago, IL. Visa sponsorship is not required for this position.


Requirements: Expertise Analytics & Reporting Job Type Full-Time Regular Location IL - Chicago

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