What are the responsibilities and job description for the Financial Planning & Analysis Manager position at Delta Dental?
Qualifications
- 10 years of direct Financial Planning & Analysis experience (budget, operational, financial)
- Bachelor's degree in finance, accounting, business administration, or related field, from an accredited college or university Advanced degree (MBA, CFA, or similar) is preferred
- Experience presenting data analysis results and recommendations to C-suite and Board of Directors
- Expert knowledge of Excel
- Working knowledge of MS SQL and R
- Dental or Health insurance industry experience a plus
- Requires a successful credit background check as appropriate
Position Purpose
The Financial Planning and Analysis Manager (individual contributor) is a key member of the Finance team whose focus will be to analyze financial data, develop financial models, provide insightful recommendations to optimize the company's financial operations, and oversee budgeting, forecasting, reporting for Delta Dental of Colorado and related affiliates. You will collaborate with cross-functional teams, including Actuarial, Underwriting, Accounting, Sales, and Operations to contribute to enhancing profitability, risk management, and overall business growth. This is a senior level analytical position (individual contributor) who is responsible for varied types of analyses (financial, gross margin, administrative expense, operational, cost/benefit) and reporting with both routine and project-based responsibilities. This job requires frequent exposure to the Executive Leadership Team and Boards of Directors. This position must conduct critical analysis of the data and make independent decisions and suggestions on how to present the data in a useful manner.
Key Responsibilities
- This position performs a high level of complex professional work including the following types of analysis: revenue, claims, gross margin, rate/volume, operational, budget variance, cost allocation and cost/benefit
- Performs analytics on new projects and ventures and utilizes financial analysis and metrics to predict outcomes
- Works with leadership in creating annual budget, ongoing annual forecast, 5-year long-term forecast, and formal capital allocation models. Identifies metric or volume- based budgeting opportunities
- Evaluates and assesses risks associated with insurance operations, such as claims experience, pricing adequacy, and regulatory compliance, and provides recommendations for risk mitigation
- Produces accurate presentations and back up documentation for internal audiences and Board of Directors
- Creates and maintains complex Excel-based financial models for revenue projections, staffing needs, cost/benefit analyses, scenario planning, and others as needed
- Works in tandem with functional leadership as a business partner to assist, inform and educate in financial matters
- Prepares comprehensive financial reports, executive summaries, and presentations to communicate findings, insights, and recommendations to senior management and key stakeholders
- Reviews and analyzes monthly budget variance reports and researches explanations
- Supports ad hoc analysis as requested by senior management
- Tracks and analyzes key performance indicators (KPIs) and financial metrics to measure the success of the organization, identify areas for improvement, and make data-driven recommendations
Competencies
- Experience working with complex applications to retrieve, analyze and synthesize large volumes of data
- Excellent written and verbal communication and presentation skills
- Proven ability to effectively handle multiple tasks in various stages of completion
- Project management and organization skills are beneficial
- Detail-oriented and accuracy focused
- Adaptable, flexible and able to work well under pressure and deadlines
- Knowledge of industry best practices and a commitment to staying updated on emerging trends and technologies in finance and insurance
- Familiarity with actuarial concepts, risk management principles, and financial reporting standards
- Must be comfortable with interacting with all staff and leadership levels of the organization
- Must work well individually with limited supervision and collectively within a team environment
- Must be able to adapt easily to changes in assignment, priority, and work environment
- Must have a strong attention to detail
- Ability to think and plan strategically for organizational success
Salary range: $90,808 - $123,490
Delta Dental of Colorado offers a comprehensive compensation and benefits package. Some of the highlights from our benefits package include:
- Generous PTO
- 10 paid holidays
- Three affordable health plans
- Fantastic dental insurance plan
- 401(k) match with immediate vesting
- Supplemental retirement savings plan
- Company-paid life insurance, short-term disability, and long-term disability policies
- Wellness program
- Tuition reimbursement
- Transportation reimbursement (we are near a light rail station!)
- Paid volunteer time off
Delta Dental of Colorado is proud to be an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to age, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation, or any other applicable status protected by state or local law.
Salary : $90,808 - $123,490
