Director of Financial Planning and Analysis (Hybrid/Remote)

Health Plans, Inc. (HPI) is a New England-based Third-Party Administrator (TPA) of self-funded health and benefit plans. HPI was founded in 1981 to provide comprehensive health plan administration to employers, municipalities, and Taft-Hartley plans. Health Plans has grown to become an industry-leading TPA by offering customized self-funded benefit plans to employers, combined with superior customer service and investment in the latest administrative and data-mining technology, and reinsurance (stop-loss) security.

Summary:

The Director, Financial Planning and Analysis will lead all aspects of financial planning including the annual operating plan, quarterly forecasts, long-term strategic plan and capital budgeting. This individual will have a key role in supporting the financial strategy of the organization in providing analytical support for strategic planning, growth strategies, operational efficiencies, activity-based costing and working capital management. The ideal candidate will have a strong background in financial management within the health insurance or self-funded industry with the ability to thrive in a fast-paced, high-growth setting.

Duties and Responsibilities:

• Lead the annual operating plan and quarterly forecasting processes, working closely with Senior Leadership to ensure accuracy and alignment with strategic goals while identifying and quantifying associated risks and opportunities.
• Provide comprehensive variance analyses to support financial reporting and recommend corrective actions when necessary.
• Maintain monthly membership accounting and reporting.
• Develop and maintain comprehensive financial models to support long-term strategic plan with related scenario planning and sensitivity analysis.
• Develop, maintain and enhance financial reporting tools and processes to provide actionable financial insights.
• Monitor and analyze key metrics, providing recommendations to improve financial performance and operational efficiency.
• Oversee the preparation of monthly and quarterly financial reports, including variance analysis and executive summaries.
• Drive the implementation of best practices in financial planning, reporting, and analysis, leveraging technology and automation where possible.
• Support due diligence and integration efforts related to M&A activities, including financial modeling and analysis.
• Collaborate with financial reporting team and ensure FP&A efforts are aligned with accounting standards and practices.
• Mentor and develop FP&A team members to enhance their skills and career growth and foster a culture of continuous improvement.

Requirements:

• Bachelor's degree in Finance, Accounting or Business Administration, MBA a plus.
• Minimum of 7 years' management experience within the health insurance industry.
• Ability to provide leadership in alignment with organizational goals and have the ability to quickly adapt to changing processes with minimal supervision.
• Strong financial modeling, budgeting, forecasting and analytical skills with the ability to interpret complex financial data.
• Excellent communication and interpersonal skills, with the ability to influence at all levels of the organization.
• Proficiency in financial modeling and forecasting techniques.
• Ability to effectively present information and respond to questions from groups of executives, managers, providers, clients and brokers.
• Ability to respond to constantly changing circumstances and work under short deadlines.
• Strong organizational, analytical, project management, and communications skills.
• Advanced skill level in Microsoft Office, including Word, Excel, and Outlook, as well as other common software used to support the business function of the company.

Benefits:

• Medical, Dental and Vision Coverage
• Prescription Drug Coverage
• Fitness Reimbursement Benefit
• Tobacco Cessation Program
• Employee Assistance Program
• Flexible Spending Account & Health Savings Account
• 401(k) and Profit-Sharing Plan
• Quarterly Bonuses
• Generous Paid-Time Off
• Volunteer Days
• Education Assistance & Professional Development Opportunities
• ....and much much more!

So, think you want to join the HPI team? We hope to hear from you!

You can read more about us at hpitpa.com/about-us/careers/

EEO/AA/M/F/Vet/Disability Employer