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SalaryThe Market Business Financial Officer (BFO) will be responsible for financial strategy and analysis within a highly complex and regulated Medicare Advantage business. The financial analysis lead analyst will manage one or more of the micro-markets within the Carolinas and Mid-Atlantic markets, which includes a broad portfolio of products and provider risk arrangements. The skill sets needed to manage this wide spectrum of responsibility will be inclusive of Agility, Influential leadership, Drive for results.
This Micromarket BFO role will oversee financial strategy, planning & analysis for Medicare Advantage. They will drive the annual bid strategy process balancing growth and profitability and will be responsible for leading the market’s financial reporting, analysis, and business support through a strong collaborative relationship. The candidate will be responsible for partnering with their respective Market President and a large group of matrix partners.
RESPONSIBILITIES:
Participate in development and drive execution of the Market’s multiyear growth strategy
Partner with the market to drive the highly complex Medicare annual bid process, appropriately balancing enterprise expectations related to growth and profitability
Leveraging data and insights from internal and external sources to influence business partners on actions that improve affordability and marketability of Medicare Advantage plans
Analyze and explain variances vs expectations for KPIs and market financials
Develops strong partnerships across a highly matrixed, cross functional business team to drive outcomes
Present to primary care providers on key performance indicators related to their incentive pay arrangements
Support value-based and fee-for-service contract modeling
Assist in evaluation and planning of geographic expansion activities
REQUIREMENTS:
Bachelor's degree in Finance, Economic, Analytics, Actuarial Science, Accounting, or other related field
2+ years of extensive experience in Healthcare, Financial Analysis, or related area
Superior financial skills, with ability to understand complex products and their relevant levers to improve profitability
Ability to communicate with Senior Leaders on both technical and non-technical aspects of the business
Capacity to find alternatives and solutions as well as identify problems
Strong communication, interpersonal and organizational abilities
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload. For this position, we anticipate offering an annual salary of 73,800 - 123,000 USD / yearly, depending on relevant factors, including experience and geographic location.
This role is also anticipated to be eligible to participate in an annual bonus plan.
We want you to be healthy, balanced, and feel secure. That’s why you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, visit Life at Cigna Group.
About Cigna Healthcare
Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.
The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.
