Lead Financial Planning Analyst

Who We Are

Point32Health is a leading health and wellbeing organization, delivering an ever-better personalized health care experience to everyone in our communities. At Point32Health, we are building on the quality, nonprofit heritage of our founding organizations, Tufts Health Plan and Harvard Pilgrim Health Care, where we leverage our experience and expertise to help people find their version of healthier living through a broad range of health plans and tools that make navigating health and wellbeing easier.

We enjoy the important work we do every day in service to our members, partners, colleagues and communities. To learn more about who we are at Point32Health, click here.

Job Summary

The Lead Financial Planning Analyst serves as the key financial support person to a subset of all enterprise functional areas. Total administrative cost for these areas is ~$1B and includes Operational and all Corporate functions. The position will report to the Manager of Financial Planning & Analysis and provide business partner support and analysis. Assist with the annual expense planning and forecasting activities for corporate shared service functional administrative costs. Execute monthly close activities and conduct monthly expense reviews with leadership and act as the Finance partner for all financial matters.

Key Responsibilities/Duties – what you will be doing

Budget Management

• Execute the forecast and annual budgeting process and continually assess for areas of enhancement
• Manage monthly budgets in order to conduct monthly expense reviews with leadership
• Build out monthly budgets to include cost drivers to drive a more accurate allocation that reflects business reality
• Identify and track monthly expense accrual and coordinate with AP and the accounting team
• Assist with verification of cost reduction initiatives
• Document financial processes

Financial Analysis

• Assist with ad hoc financial analysis projects as assigned
• Types of projects may include (membership shifts, system consolidation, impacts of automation, etc.)
• Support Manager of Financial Planning & Analysis through Regulatory reporting and or benchmarking exercises

Operational Metrics

• Assist with associating operational metrics to financials
• Coordinate with operational leads to determine cost drivers
• Pressure test operational results given financial outcomes

Demonstrate best in class business behaviors

• Partner with Finance team and business partners to achieve results. Act as one team to ensure work is completed. Always ask how you can help with a constant focus on proactive behavior. Treat business partners as clients with a focus on returning phone calls and emails timely, setting up meetings to discuss critical topics, sharing processes before executing and allowing ample time to review draft documents. Err on the side of over communicating.
• Demonstrate an understanding of business operations with the goal of becoming the spokesperson for your areas of responsibility.
• Constructively challenge decisions and process to ensure optimal decision making and performance. Focus on identifying process efficiencies, improving message and enabling ease of understanding.

Qualifications – what you need to perform the job

• Bachelor’s degree in Finance, Accounting or Business - required
• Advanced degree preferred (MBA or Masters) - preferred
• Professional license (e.g., CPA, CIA, etc.) - preferred
• Healthcare Industry Experience; Preferably Healthcare Insurance experience.
• Minimum 6-8 years related business experience with finance, operations and process understanding required.

Compensation & Total Rewards Overview

Commitment to Diversity, Equity, Inclusion, Accessibility (DEIA) and Health Equity

​Point32Health is committed to making diversity, equity, inclusion, accessibility and health equity part of everything we do—from product design to the workforce driving that innovation. Our Diversity, Equity, Inclusion, Accessibility (DEIA) and Health Equity team's strategy is deeply connected to our core values and will evolve as the changing nature of work shifts. Programming, events, and an inclusion infrastructure play a role in how we spread cultural awareness, train people leaders on engaging with their teams and provide parameters on how to recruit and retain talented and dynamic talent. We welcome all applicants and qualified individuals, who will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

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