Financial Analyst, Experienced

Job Description

Your Role

The Individual Family Plan (IFP) and Small Business (SB) markets serve over 1M members, generating over $10B in revenue annually. The Financial Analyst, Experienced level, will report to the Director of Growth Finance. In this role you will perform analysis to monitor and report on membership growth and financial performance, as well as forecast future performance of the business segment. You will also work with the Actuarial team and Sales Executives to identify opportunities to improve financial performance and membership growth.

Responsibilities

Your Work

In this role, you will:

• Monitor, analyze, and report on monthly financial and membership results vs. targets, plan, and forecast
• Research underlying business drivers and advise on potential areas of cost or growth impact
• Perform monthly membership forecasts as well as projections for long term performance of the business
• Make recommendations and assist in establishing the strategic direction of the lines of business
• Effectively conduct and communicate data analysis around membership and operating income to collaborate with business partners to drive business decisions
• Perform competitive analysis and market research to inform membership and operating projection
• Perform analysis to develop recommendations regarding product pricing, plan design, competitive position, and sales incentive plans
• Continuously improve existing processes to increase efficiency and accuracy of membership forecasts, reporting, and financial models
• Prepares business analysis reports and presentations for leadership

Qualifications

Your Knowledge and Experience

• Requires a bachelor’s degree or equivalent experience
• Requires at least 3 years of prior relevant experience
• Strong MS Excel and PowerPoint skills
• SAS experience preferred
• Hyperion Essbase experience preferred
• Ability to take complex problems or sets of data and create concise recommendations or reports
• Strong business aptitude, analytical, and problem-solving skills
• Strong organizational skills, accuracy, and attention to detail
• Practical knowledge of Finance and Accounting processes and best practices preferred, typically obtained through advanced education combined with experience

About the Team

About Blue Shield of California

As of January 2025, Blue Shield of California became a subsidiary of Ascendiun. Ascendiun is a nonprofit corporate entity that is the parent to a family of organizations including Blue Shield of California and its subsidiary, Blue Shield of California Promise Health Plan; Altais, a clinical services company; and Stellarus, a company designed to scale healthcare solutions. Together, these organizations are referred to as the Ascendiun Family of Companies.

At Blue Shield of California, our mission is to create a healthcare system worthy of our family and friends and sustainably affordable. We are transforming health care in a way that genuinely serves our nonprofit mission by lowering costs, improving quality, and enhancing the member and physician experience.

To achieve our mission, we foster an environment where all employees can thrive and contribute fully to address the needs of the various communities we serve. We are committed to creating and maintaining a supportive workplace that upholds our values and advances our goals.

Blue Shield is a U.S. News Best Company to work for, a Deloitte U.S. Best Managed Company and a Top 100 Inspiring Workplace. We were recognized by Fair360 as a Top Regional Company, and one of the 50 most community-minded companies in the United States by Points of Light. Here at Blue Shield, we strive to make a positive change across our industry and communities – join us!

Our Values:

• Honest.We hold ourselves to the highest ethical and integrity standards. We build trust by doing what we say we’re going to do and by acknowledging and correcting where we fall short.
• Human.We strive to listen and communicate effectively, showing empathy by understanding others’ perspectives.
• Courageous.We stand up for what we believe in and are committed to the hard work necessary to achieve our ambitious goals.

Our Workplace Model:

At Blue Shield of California and the Ascendiun Family of Companies, we believe in fostering a workplace environment that balances purposeful in-person collaboration with flexibility. As we continue to evolve our workplace model, our focus remains on creating spaces where our people can connect with purpose – whether working in the office or through a hybrid approach – by providing clear expectations while respecting the diverse needs of our workforce.

Two Ways of Working:

• Hybrid (Default):Work from a business unit-approved office at least two (2) times per month (for roles below Director-level) or once per week (for Director-level roles and above).Exceptions:

o Member-facing and approved out-of-state roles remain remote.

o Employees living more than 50 miles from their assigned offices are expected to work with their managers on a plan for periodic office visits.

o For employees with medical conditions that may impact their ability to work in-office, we are committed to engaging in an interactive process and providing reasonable accommodations to ensure their work environment is conducive to their success and well-being.

• On-Site:Work from a business unit-approved office an average of four (4) or more days a week.

Physical Requirements:

Office Environment – roles involving part to full time schedule in Office Environment. Based in our physical offices and work from home office/deskwork – Activity level: Sedentary, frequency most of work day.

Please click here for further physical requirement detail.

Equal Employment Opportunity:

External hires must pass a background check/drug screen. Qualified applicants with arrest records and/or conviction records will be considered for employment in a manner consistent with Federal, State and local laws, including but not limited to the San Francisco Fair Chance Ordinance. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or disability status and any other classification protected by Federal, State and local laws.