Vice President of Treasury and Chief Investment Officer

Blue Cross Blue Shield of Minnesota•Eagan, MN

11h•$350,000 - $400,000•Hybrid

About The Position

At Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. We are looking for dedicated and motivated individuals who share our vision of transforming healthcare. As a Blue Cross associate, you are joining a culture that is built on values of succeeding together, finding a better way, and doing the right thing. If you are ready to make a difference, join us. The Impact You Will Have The Vice President of Treasury and Chief Investment Officer (VP, T&CIO) is a senior finance leader responsible for the strategic oversight of treasury operations, investment management, and enterprise financial risk. Reporting to the CFO & SVP for Finance, this role provides enterprise-wide leadership for liquidity management, investment performance, risk mitigation, and capital structure optimization. The VP, T&CIO oversees significant annual cash flows and investment assets and serves as a key advisor to executive leadership and board on financial strategy, risk-based capital (RBC), and long-term financial sustainability. This role will impact: Stewardship of multi-billion-dollar cash flows and investment portfolios Strategic leadership of treasury, investments, pension assets, and risk management Board-level reporting to corporate and subsidiary boards and committees Leadership within Blue Cross Blue Shield Association finance and investment forums Development of high-performing treasury and investment teams Management of a $3–5M annual operating budget

Requirements

Accepting this vice president level position at BCBSMN requires signing an Agreement Regarding Non-Disclosure of Confidential Information and Non-Competition as a condition of employment.
10+ years of finance experience
7+ years of leadership experience
Expertise in treasury, investments, and risk management
Strong executive and board communication skills
High school diploma (or equivalency) and legal authorization to work in the U.S.

Nice To Haves

Bachelor’s degree in Finance or Business
MBA or equivalent
SEC Series 7 and 63
Certified Treasury Professional (CTP)

Responsibilities

Lead enterprise cash flow strategy to optimize returns, liquidity, and risk
Oversee forecasting, liquidity modeling, and credit facilities
Manage banking and broker relationships
Annual cash flows exceed [$5B]
Oversee portfolios exceeding [$2B]
Manage pension assets exceeding [$185M] and DC plan assets over [$300M]
Evaluate and oversee external investment managers
Present performance and recommendations to Board and Committees
Lead enterprise financial risk mitigation
Oversee insurance programs and due diligence for new initiatives
Oversee financial operations of DB and DC plans
Recommend investment and design changes as needed
Work closely with Controller & external Auditors to complete enterprise financial audits
Proactively, highlight intra-year risks and present mitigation plans to CFO &SVP Finance
Strong understanding of tax strategies to optimize cashflow of investment