Senior Director, High Cost Claimant BFO
The Senior Director, High Cost Claimant BFO (Business Finance Officer) will serve as the strategic finance partner to the High Cost Claimant and Stop Loss business, overseeing performance management and integrating financial planning results into actionability. This role is pivotal in enhancing understanding of emerging experience and decision-making across the high cost claim and Stop Loss portfolio. This individual will report directly to VP, Cigna Healthcare Business Finance Officer, with dotted line responsibilities to High Cost Claimant Business Leadership.
Key Responsibilities
- Provide strategic finance leadership across the High-Cost Claimant and Stop Loss portfolio, ensuring alignment with enterprise financial goals.
- Architect and maintain a comprehensive view of high-cost claimant financial results and future outlook, identifying trends and emerging risks.
- Lead performance management processes, including forecasting, budgeting, and variance analysis, to drive actionable insights.
- Integrate financial planning outputs into business decision-making, partnering with cross-functional teams to ensure financial strategies are executed effectively.
- Collaborate with Pricing, Underwriting, and Finance to develop and refine financial models that support growth and profitability.
- Act as a strategic advisor to business leadership, by providing proactive insights and recommendations to optimize portfolio performance and manage risk.
- Drive continuous improvement in financial reporting and analytics capabilities, leveraging automation and advanced tools.
- Serve as a key liaison between finance and business leadership, ensuring transparency and alignment on financial priorities.
Qualifications
Strong financial and / or actuarial background with a minimum of 10+ years of business experience in the healthcare industry.Bachelor's degree in related field or equivalent relevant professional experience.Demonstrated ability to lead cross-functional initiatives and influence senior leadership.Proven track record in process transformation.Deep understanding of Stop Loss or related risk-bearing products.Exceptional communication and stakeholder management skills.Advanced proficiency in financial modeling, forecasting, and data analysis.If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download / 5Mbps upload.
Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.