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Job Details

VP Market CFO amp Coach for California market

Company name
Aetna Inc.

Location
Los Angeles, CA, United States

Employment Type
Full-Time

Industry
Clevel, Executive, Finance, 100k

Posted on
Dec 24,2018

Valid Through
Apr 08,2019

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Profile

Req ID: 56365BR

POSITION SUMMARY

The VP, Market CFO and Coach for the California Market and West Territory supports Aetna's ability to achieve its financial and strategic goals by managing and driving business actions and financial goals across the market and the enterprise. The CFO actively partners with senior management teams within the market to maintain financial and operational control of the business, develop insight and drive execution.

Overseeing a tem, you will ensure effective support of financial closing, planning and forecasting processes. reinforcing that these activities drive the quality and integrity of P&L/cost center owner level reporting, membership and/or expense forecasts, product reporting and balance sheet reporting.

Fundamental Components:

Partner with senior management market heads to analyze and support full P&L responsibility.

Drive results; demonstrates urgency and holds self and others accountable for achieving high standards of performance and service.

Identify emerging product/market trend vulnerabilities and opportunities through analysis and insight generation; develop and implement action plans for business growth.

Coordinate development and monitor implementation of major business unit action plans to seize competitive opportunities and/or respond to performance shortfalls/plan variances.

Coordinate with other financial disciplines/functions in support of business transactions, e.g., PIP arrangements, regulatory issues, analysis of legal entities, etc.

Identify, suggest, monitor, and track effective medical cost analysis through coordination with medical directors, network management, underwriting, etc.

Support the coordination and development of business unit financial plans and forecasting tools/processes.

Provide financial analysis and recommendations in support of management's evaluation of strategic and business initiatives.

Drive the dissemination and collection of input/output data, critical assumption and management reporting requirements.

Lead development and implementation of business unit performance measures.

Develop processes and set infrastructure to measure, understand and monitor business unit results relative to action plans and milestones.

Enhance processes that drive accountability measurements throughout the organization.

Partner with other financial disciplines, e.g., actuarial, underwriting, to assure pricing, product and risk alignment with business unit financial performance targets.

Align resources with shared services to drive business unit focus. Provide project management support for critical action plans other initiatives that cut across business unit and/or Aetna.

Support business unit competitive intelligence analysis and benchmarking.

Monitor and evaluate risk and delegation arrangements; recommend appropriate financial protections.

Ensure appropriate financial controls are in place for shared services and business unit.

Develop high performing financial unit that performs a function (e.g., medical cost analysis) and/or can assist in the financial and business issues support being provided to the business.

Provide coaching/mentoring and development to direct reports

BACKGROUND/EXPERIENCE desired:

20 years related financial management experience including strategic and business planning, accounting and financial analysis.

Extensive experience in healthcare, managed care insurance or financial services.

Experience supporting a P&L.

Undergraduate degree in Finance, Accounting, Actuarial Science or similar disciplines generally required.

Advanced degree in business and CPA preferred.

EDUCATION

Minimum of Bachelor's degree or equivalent experience.

ADDITIONAL JOB INFORMATION

Aetna is about more than just doing a job. This is our opportunity to re-shape healthcare for America and across the globe. We are developing solutions to improve the quality and affordability of healthcare. What we do will benefit generations to come.

We care about each other, our customers and our communities. We are inspired to make a difference, and we are committed to integrity and excellence.

Together we will empower people to live healthier lives.

Aetna is an equal opportunity & affirmative action employer. All qualified applicants will receive consideration for employment regardless of personal characteristics or status. We take affirmative action to recruit, select and develop women, people of color, veterans and individuals with disabilities.

We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard.

Benefit eligibility may vary by position. Click here to review the benefits associated with this position.

Aetna takes our candidates's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests for information will be discussed prior and will be conducted through a secure website provided by the recruiter. Should you be asked for such information, please notify us immediately.

Job Function: Management

Aetna is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected Veterans status.

Company info

Aetna Inc.
Website : http://www.aetna.com

Company Profile
Aetna Inc. operates as a diversified health care benefits company in the United States. The company operates in three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment provides medical, pharmacy benefit management, dental, behavioral health, and vision plans on an insured basis, and an employer-funded or administrative basis. This segment also provides Medicare and Medicaid products and services, as well as other medical products, such as medical management and data analytics services, medical stop loss insurance, workers' compensation administrative services, and products that provide access to its provider networks in select markets. This segment offers its products and services to multi-site national, mid-sized, and small employers, as well as individual customers. The Group Insurance segment provides life insurance products comprising group term life insurance, voluntary spouse and dependent term life insurance, group universal life, and accidental death and dismemberment insurance; disability insurance products; and long-term care insurance products, which offer benefits to cover the cost of care in private home settings, adult day care, assisted living, or nursing facilities. This segment provides insurance products principally to employers that sponsor its products for the benefit of their employees and their employees’ dependents. The Large Case Pensions segment manages various retirement products, including pension and annuity products for tax-qualified pension plans. The company’s customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. Aetna Inc. was founded in 1853 and is headquartered in Hartford, Connecticut.

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