Lead Financial Analyst
Highmark HealthAbout the role
Company :
Highmark Inc.Job Description :
JOB SUMMARY
This role drives financial insights and supports strategic decision-making within the Health Plan FP&A team. The Lead Financial Analyst will be responsible for complex financial modeling, scenario planning, variance analysis, and standard reporting contributing to the overall financial health and strategic direction of the organization.
ESSENTIAL RESPONSIBILITIES
- Conduct in-depth financial analysis, including trend and variance analysis, to identify opportunities for improvement and inform strategic decision-making and preparation of forecasts.
- Develop and maintain complex financial models to simulate various business scenarios and assess the financial impact of strategic initiatives.
- Present financial insights and recommendations to management, influencing key business decisions with actionable insights.
- Collaborate with cross-functional teams, as well as colleagues across different geographic locations, to conduct financial and business related analyses and research
- Standardize and streamline forecasting, reporting, and analysis processes, identifying automation and system improvement opportunities to increase accuracy and scalability.
- Lead and document financial analysis projects including the preparation of ad hoc reports; to include but not limited to; gathering of data, analysis, documentation of findings, and calculation of results and generation of reports for distribution.
- Complete schedules, enterprise reporting, and board materials for affiliates, third parties, and management as required.
QUALIFICATIONS
Minimum
- Bachelor’s Degree or relevant experience and/or education as determined by the company in lieu of bachelor's degree
- 7-10 years of related progress experience in Accounting and/or Finance including experience in leading projects of varying size and complexity
- Experience with various computer applications to include MS Excel and/or MS Access
Preferred
- MBA or Master's degree in Finance, Economics, Accounting or a related field
- Proficiency with financial planning systems (e.g., Oracle / Hyperion) and advanced Excel skills
- Experience with data visualization tools (e.g., Power BI)
- Healthcare industry experience
Skills
- Strong written and oral communication skills
- Ability to thrive in a collaborative, cross-functional environment
- Client focused with strong business acumen
- Self-starter with the ability to work under pressure independently and as part of a team
- Brings strong attention to detail and analytical rigor and a demonstrated ability to translate complex financial data into actionable insights
Language (Other than English):
None
Travel Requirement:
0% - 25%
PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS
Position Type
Office-based
Teaches / trains others regularly
Occasionally
Travel regularly from the office to various work sites or from site-to-site
Rarely
Works primarily out-of-the office selling products/services (sales employees)
Never
Physical work site required
Yes
Lifting: up to 10 pounds
Constantly
Lifting: 10 to 25 pounds
Occasionally
Lifting: 25 to 50 pounds
Rarely
Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.
Compliance Requirement: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.
As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy.
Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.
Pay Range Minimum:
$67,500.00Apply for this role
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