Lead Financial Analyst

Medica•Minnetonka, MN

13d•$88,800 - $133,245•Hybrid

About The Position

Medica is a nonprofit health plan serving over a million members across multiple states, focusing on personalized healthcare experiences and provider partnerships. They foster a culture of accountability, data-driven decisions, continuous learning, and collaboration. This role is responsible for analyzing financial data for the Individual Family Business (IFB) and Commercial segment finance teams. The position involves maintaining and updating financial models and reporting analysis to support budgeting, forecasting, and financial reporting. Key responsibilities include improving financial status by analyzing results, monitoring variances, identifying trends, and recommending actions. The role also entails preparing financial reports, summaries, and presentations for leadership, and collaborating with cross-functional teams to support decision-making.

Requirements

Bachelor’s degree in Accounting, Finance, Economics or equivalent combination of education and work experience
5+ years of related experience within data analysis, financial reporting, financial analysis, and/or forecasting experience required beyond degree
Expert or advanced MS Excel skill and PowerPoint experience
Strong interpersonal and communication skills with the ability to collaborate with cross-functional teams ex. Actuarial, Claims Operations, etc.
Experience with budget and forecasting cycles within a complex organization
Advanced Microsoft Excel and Powerpoint experience
Analytical, decision-making, and organizational skills
Demonstrated problem solving skills required for this role
Ability to present data in a consumable format
Result driven and detail oriented with the ability to manage and collaborate multiple priorities in a dynamic environment
Eligibility to work in the US

Nice To Haves

7+ years of related experience
Knowledge of the health insurance industry, operations, and key expense drivers.
Knowledge and experience with GAAP and statutory accounting
Experience presenting and preparing materials for leadership in a clear and concise manner
Adaptability and fast learning ability.
Solution-oriented project management skills.
TM1 and/or SQL experiences desired

Responsibilities

Analyzing financial data for the Individual Family Business (IFB) and Commercial segment finance teams.
Maintaining and updating financial models and reporting analysis to support budgeting, forecasting, and financial reporting processes.
Improving financial status by analyzing results, monitoring variances, identifying trends, and recommending actions to management.
Preparing recurring and ad hoc financial reports, summaries, and presentation materials for leadership reviews.
Collaborating with cross-functional teams to develop financial analysis and support decision-making.