Director Enterprise Forecasting

The Director of Enterprise Forecasting, reporting to the Senior Director of Enterprise FPA, is responsible for leading all aspects of Enterprise-wide forecasting, including managing overall workflow, developing Board and executive leadership materials, coordinating with various senior leaders in the company, and leading the CFO long-term forecast review meetings. The Director will also co-lead the development of the Enterprise operating plan, contribute to the development of the Enterprise FPA team and provide strategic analytical leadership to the Enterprise FPA team.

Key responsibilities:

Analytical Leadership
* Provide strategic analytical leadership to the FPA team, leveraging actuarial expertise and insurance business acumen to drive informed financial planning, forecasting, and decision-making across the organization
* Drive continuous improvement in the team's analytical capabilities and processes to enhance financial planning, forecasting, and decision-making
* Develop and maintain relationships with key stakeholders, including medical economics teams, to ensure alignment on key trend drivers and to distill actionable insights for executive audiences
* Direct ad hoc financial analyses to address key operational questions, support Enterprise strategy/planning, or assess competitive, regulatory, economic, or other industry impacts
Long-term Strategic Financial Forecast
* Lead the development of the Enterprise-wide, long-term financial forecast, including coordination and controllership of all business unit forecasts, evaluating projected financial performance against long-term strategic target
* Develop and maintain Enterprise and line of business-level strategic financial targets to ensure sufficient capital generation relative to business risk and reinvestment principles
* Create materials to support the Enterprise CFO, EEMT and Board's review of the long-term strategic financial plan, which receives Board approval annually
Annual Plan Development
* Co-lead the development of the Enterprise financial plan, including reviewing business unit plans, evaluating the plan against strategic objectives and developing communication materials for the Enterprise CFO, EEMT and Board
Capital Forecasting
* Direct the continued enhancement of the enterprise-wide capital forecast model, ensuring the forecast produces accurate, relevant and actionable information and reflects changes to the business and macro environment
* Consult leaders organization-wide on the RBC implications of business strategy and M&A activity
* Deliver real-time RBC forecasts and insights to inform subsidiary capital contribution and dividend planning
* Own capital and RBC forecasts provided to rating agencies
* Long-term Incentive Compensation Management
* Manage the annual development of the Enterprise Long-Term Incentive Plan (LTPIP) plan
* Track performance of all open LTPIP cycles and develop communications to keep executive leadership informed of performance progress
* Coordinate the annual internal audit review of final incentive compensation calculations
* Team Development
* Provide training, guidance and coaching to develop direct report(s), and contribute to the development of the broader team through consultative support and cross-training

Required:
* 6+ years' related work experience to include 4+ years of actuarial experience in the health insurance industry
* 3+ years' direct or indirect supervisory/management experience - indirect experience to include project leadership, mentorship, peer influence, task delegation, and cross department collaboration
* Related Bachelor's degree or additional related equivalent work experience
* Actuarial designation (ASA or FSA)
* Strong healthcare industry business acumen
* Experience developing health insurance financial forecasts Knowledge of health insurance financial drivers, such as product and membership mix, risk scores, product design, network and medical management and administrative cost structure management
* Experience in analyzing and understanding large amounts of financial or claims information
* Experience working cross-functionally with senior and mid-level management
* Experience in coordinating multiple tasks under very tight timeframes
* Ability to communicate, educate, and present detailed financial information in a concise manner that is understood by audiences of varying financial acumen

General Physical Demands
Sedentary work: Exerting up to 10 pounds of force occasionally to move objects. Jobs are sedentary if traversing activities are required only occasionally.

Physical/Environmental Activities
Must be able to travel to multiple locations for work (i.e. travel to attend meetings, events, conferences). Occasionally

What We Offer:
As a Florida Blue employee, you will thrive in our Be Well, Work Well, GuideWell culture where being well as an individual, and working well as a team, are both important in serving our members and communities.

To support your wellbeing, comprehensive benefits are offered. As an employee, you will have access to:

• Medical, dental, vision, life and global travel health insurance;
• Income protection benefits: life insurance, short- and long-term disability programs;
• Leave programs to support personal circumstances;
• Retirement Savings Plan including employer match;
• Paid time off, volunteer time off, 10 holidays and 2 well-being days;
• Additional voluntary benefits available; and
• A comprehensive wellness program

Employee benefits are designed to align with federal and state employment laws. Benefits may vary based on the state in which work is performed. Benefits for intern, part-time and seasonal employees may differ.

To support your financial wellbeing, we offer competitive pay as well as opportunities for incentive or commission compensation. We also conduct regular annual reviews with pay for performance considerations for base pay increases.

Annualized Salary Range: $134,000 - $217,800

Typical Annualized Hiring Range: $134,000 - $167,500

Final pay will be determined with consideration of market competitiveness, internal equity, and the job-related knowledge, skills, training, and experience you bring.

We are an Equal Employment Opportunity employer committed to cultivating a work experience where everyone feels like they belong and can perform at their best in pursuit of our mission. All qualified applicants will receive consideration for employment.