cvs health
executive director, aetna ifp financehartford,ct06183
Posted
5 days ago
To see more jobs like this as they come available
Visit the Career page to search more jobs now
Scroll to the bottom to apply
Location -
hartford, ct
Job Description
(click to see jobs for roles related to this one)
Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.
Position Summary:
The Aetna Individual and Family Plans Finance team is looking for a creative Executive Director who will build a Center of Excellence team focused on financial controls. This could include leading revenue management best practices for this $10B business, membership reporting and forecasting on the 1.8M members, projecting sales costs, and other financial controls around this dynamic and evolving business. This leader will have strong business acumen, and technical skills to build a best in class function.
More specifically, in this role, you will provide strategic leadership and oversight for financial reporting and analysis functions for this dynamic business that could be aligned with membership, revenue, SG&A and risk adjustment. You will collaborate with stakeholders to align financial goals with business objectives, Ensure accurate financial reporting, drive process improvements, and contributes to strategic planning and risk assessment. In addition, you may
* Integrate inputs across functions to inform Individual market financial forecasts; example functions include Finance, Actuarial, Product and Pricing, Network, Risk Adjustment Operations.
* Manage senior stakeholders / partners and ensure full transparency on tradeoffs being made across functions
* Pressure-test key assumptions made in financial and accrual forecasting to ensure appropriateness
* Identify root cause and source of variations in P&L against forecast, across risk adjusted revenue and cost (e.g., claims and risk score trends)
* Develops the organizations financial strategy which includes financial planning, budgeting, and forecasting to ensure the financial health and sustainability of the organization
* Oversees the preparation and presentation of accurate and timely financial reports to senior management, the board of directors, and external stakeholders
Required Qualifications:
* 15+ years of relevant financial experience
* Track record that shows the ability to build sound financial practices in a cross functional environment
* Bring strong expertise in ACA Individual business; familiarity with ACA risk adjustment model and accrual forecasting
* Ability to design action driven financial reporting
* Analytical capability to identify issues and develop creative solutions
* Prior Management experience developing and training of staff
* Communicate clearly and present appropriate level of information to senior leaders
* Professional and executive presence
* Setting strategy and driving results
* Strong leader in building teams, developing employees and hiring exceptional individuals
Preferred Qualifications:
* Healthcare, managed care or financial services experience
* Overall P&L management and leadership with budgets, forecasts, financial analysis, trends, projections, and analytics
* Development of plans and identification of risks and opportunities
* Advanced degree in finance, accounting, actuarial or related field
Education:
* Bachelor's Degree in finance, actuarial science accounting, or related field
Pay Range
The typical pay range for this role is:
$131,500.00 - $303,195.00
This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company's equity award program.
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company's 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off ("PTO") or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.
For more detailed information on available benefits, please visit Benefits | CVS Health
We anticipate the application window for this opening will close on: 12/25/2024
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
Use the apply button below to start the application on our partner site.
Apply on employer site
Find more jobs like this using our Career Search Tool.
Need help with your career search including preparing your resume, networking, company research or even figuring out what kind of job you want? Check out our other career resources.
Need help finding more jobs that might be a good fit for your experience?Click here to evaluate your fit across all the roles on our site at once