VP, Finance - Government Programs at Bright Health

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Making Healthcare Right. Together.” is the cornerstone of all we do. Our vision is through powerful relationships with Care Partners, we help all people live healthy and brighter lives. To successfully achieve our mission and vision as we operate in a dynamic health care environment, we expect Bright employees to embody and uphold our core values in work and interactions, both internal and external: be brave, be brilliant, be accountable, be inclusive, and be collaborative.

The Vice President Finance-Government Programs is a critical part of the Bright HealthCare Finance leadership team and is responsible for defining and leading Bright HealthCare’s product and field finance capabilities in support of the Medicare line of business and eventual addition of a Medicaid line of business. This position will directly or indirectly lead a team of finance professionals focused on:
· Budgeting and forecasting for the markets, products and centralized costs associated with the Medicare line of business,
· Working closely with the Medicare and Medicaid Line of Business Presidents and other key leaders to achieve budget and forecast commitments on membership, revenue, medical and operating costs through implementation of key initiatives across the business,
· Serve as strategic advisor to Bright HealthCare’s CEO and CFO on all Medicare and Medicaid line of business decisions,
· Partnering with the actuarial team on annual bids and business cases for new market and product expansion,
· Ensuring newly acquired entities are acclimated to key Finance business processes,
· Developing and building a Government Programs finance organizational structure that properly balances national and local expertise,
· Partnering with the centralized Medical Cost Management team to identify, size, prioritize and ensure successful execution of medical cost management initiatives, and
· Allocating resources across the business to achieve optimal results.
The successful candidate will be a self-starter and will have a proven track record of succeeding in fast-paced and complex health plan settings. We are seeking someone with a demonstrated ability to connect complex business processes across multiple functional areas and who sees both the “big picture” and understands the business levers that drive outcomes. The leader we seek leads with an accountable mindset and has the ability to influence others at all levels, regardless of your direct responsibility for the business goals. Critical to success is the ability to organize complex communications in succinct and effective verbal and written communications to promote alignment and clarity of goals amongst the broader organization.

ROLE RESPONSIBILITIES

  • Budgeting and forecasting for the Government Programs business in partnership with key operators and finance personnel.
  • Partner with Medicare and Medicaid Presidents to achieve budget and forecast commitments through implementation of key initiatives across the business.
  • Serve as key advisor to BHC CEO and CFO
  • Partner with actuarial team on annual bid process and new product/geographic expansion business cases
  • Lead integration of newly acquired entities into BHC finance business processes
  • Develop and evolve the Government Programs finance organizational structure to ensure balance in national vs. local expertise
  • Partner with centralized Medical Cost Management team to identify, size, prioritize and ensure execution of medical cost management initiatives
  • Allocate resources to the Medicare and Medicaid lines of business to ensure the business delivers optimal results
  • Other duties, as assigned

EDUCATION, TRAINING, AND PROFESSIONAL EXPERIENCE

  • Bachelor’s degree (Required), MBA (Preferred)
  • Fifteen (15) or more years’ health plan business finance experience with emphasis in Government Programs (Required)
  • Advanced proficiency with Microsoft Excel and Microsoft Power Point (Required)

PROFESSIONAL COMPETENCIES

  • Previous health plan experience, preferably in one of more of the following areas: financial planning and analysis, Medicare experience and market-level financial and operational experience.
  • Strong collaboration skills to work with internal teams to effectively understand issues and mitigate risks accordingly
  • Experience and strong influential skills to manage cross-functional, virtual teams
  • Excellent written and verbal communication skills
  • Ability to understand and identify regulatory and implementation risks and develop mitigation strategies
  • Ability to perform multiple tasks and prioritize simultaneously
  • Ability to perform critical analysis of complex business problems and propose appropriate solutions
  • Ability to effectively engage and interact with and influence internal executive sponsors
  • Advanced time management, project management, and analytical skills
  • High attention to detail
  • Strong analytical skills, work ethic, problem solving ability, and overall positive attitude
  • Demonstrated flexibility, organization, and self-motivation
  • Adaptable to change

ABOUT US
 
At Bright Health, we brought together the brightest minds from the health care industry and consumer technology, and together we created Bright Health: a new, brighter approach to healthcare, built for individuals. Our plans are easy to manage, personalized, and more affordable, giving people the quality care they deserve. Through our exclusive care partnerships with leading health systems in local communities, we are reshaping how people and physicians achieve better health together.
 
We’re Making Healthcare Right. Together. 

We've won some fun awards like Modern Healthcare and Forbes, etc. But more than anything, we're a group of people who are really dedicated to our mission in healthcare. Come join our team!
 
As an Equal Opportunity Employer, we welcome and employ a diverse employee group committed to meeting the needs of Bright Health, our consumers, and the communities we serve. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

BRIGHT ON!

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Technology we use

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Location

We are downtown at 515 Congress Avenue, right in the heart of downtown! Tons of restaurants and close to public transportation.
Making Healthcare Better For All At Bright Health
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An Insider's view of Bright Health

What’s the vibe like in the office?

The office has a relaxed and laid back vibe but people are very serious about their work - perfect!

Anthony

Data Engineer

What does your typical day look like?

My day is so varied, given how quickly we're growing, which is fulfilling for me. I have a good balance of strategic and tactical work in my day as well as time to focus and time to collaborate.

Jen

VP, Digital

What makes someone successful on your team?

A hard-working team player who thinks first and codes next is likely to learn a lot and quickly become a valuable member of the team. Lots of experience with some of our tooling is always nice, but if someone can't knowledge-share well or responds poorly to code reviews and other requests for collaboration, it'll be a tough fit.

Brian

Software Engineer 3

How do your team's ideas influence the company's direction?

We hire smart individuals who thrive on accomplishment and purpose. Our teams are exposed to the bigger picture through constant communication and dialogues – that encourages them to come up with innovative solutions to problems. We've made significant adjustments on our direction in technology and process that were initiated by the team.

Abdullah

VP, Engineering

What are Bright Health Perks + Benefits

Bright Health Benefits Overview

We have 3 different health insurance plans, all through Cigna (HDP, Premium HDP and PPO). We cover the majority of the cost for the employee and some cost for family. We have two dental plans and a vision plan as well. We have a Lifestyle Spending Account and options for HSA/FSA. We put 3% of your total earnings into your 401K plan and you are immediately vested. We have all the latest technology (Mac or Surface laptops – your choice) to use including standing desks. Fully stocked fridge with snacks and drinks.

Culture
Friends outside of work
Eat lunch together
Daily sync
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Someone's primary function is managing the company’s diversity and inclusion initiatives
Mean gender pay gap below 10%
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Bright Health employees can contribute up to $3500 annually to their FSA.
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Bright Health is proud to offer a wellness stipend of $200/month to all employees!
Onsite Gym
Mental Health Benefits
Retirement & Stock Options Benefits
401(K)
We will put 3% of your total earnings into your 401K plan, even if you don't put anything in. It's a safe harbor contribution.
401(K) Matching
Bright Health provides employees with a 401(k) plan managed by Vanguard. We provide a ‘safe harbor’ non-elective contribution equal to 3% of your compensation, regardless of participation in the p
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
We provide up to 6 weeks of parental leave for the primary caretaker. We also provide 2 weeks of leave for the secondary caretaker.
Flexible Work Schedule
Bright Health provides employees with a flexible work schedule that includes Core hours, Flexible start and end times.
Remote Work Program
Family Medical Leave
Company sponsored family events
Bright Health sponsors family oriented events Annually.
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Stocked Kitchen
Happy Hours
Happy hours are hosted on occasion.
Relocation Assistance
Fitness Subsidies
Bright Health employees are eligible for discounts on several gym memberships.
Home Office Stipend for Remote Employees
Professional Development Benefits
Diversity Program
Lunch and learns
Cross functional training encouraged
Promote from within
Online course subscriptions available
Customized development tracks

Additional Perks + Benefits

Bright's primary goal is to offer employee benefits and perks that are as flexible as possible to meet each employee's unique needs!

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