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Senior Analyst – Financial Data Modeling and Analytics

Other Skills

  • Budgeting
  • Knowledge Transfer
  • Accountability
  • Collaboration
  • Communication
  • Teamwork
  • Critical Thinking
  • Solutions Focused
  • Detail Oriented
  • Curiosity
  • Relationship Building
  • Problem Solving

Roles & Responsibilities

  • Bachelor's degree in finance, accounting, economics, or related field
  • 5+ years of progressive experience in financial analysis, FP&A, cost accounting, or financial modeling
  • Advanced proficiency in Excel (financial modeling, complex formulas) and Power BI or similar tools for data modeling, dashboards, and data visualization
  • Strong analytical, problem-solving, and communication skills with ability to translate complex data into actionable insights

Requirements:

  • Serve as a senior financial partner to leaders, providing insights and recommendations to support strategic and operational decisions
  • Design, develop, and maintain complex financial models for cost allocation, driver-based analysis, scenario/sensitivity/what-if analyses, and translate outputs into actionable business insights
  • Define and validate core financial datasets, design scalable dashboards and reporting tools (Excel, Power BI), and build end-to-end data and analytics solutions
  • Continuously improve financial analysis processes and document models, assumptions, and analytical approaches

Job description

Job Description

We are seeking a highly skilled Senior Analyst – Financial Data Modeling and Analytics to support advanced financial analysis, cost modeling, budgeting, forecasting, and reporting across the organization. This role combines senior level financial judgment, deep financial modeling expertise, and strong data analytics capability. The individual serves as a key finance partner to leaders, ensuring financial insights are accurate, scalable, and decision focused.

This role brings a People First mindset, pairing strong financial judgment with curiosity, courage, and accountability. The individual balances intuition with data, seeks to understand stakeholder needs deeply, and uses insight and innovation to elevate decision making across the organization.

The ideal candidate brings strong financial acumen, technical expertise, and the ability to translate complex data into clear, actionable insights.

What You’ll Do

Financial Analysis & Decision Support 

  • Serve as a senior financial partner to leaders, providing insights and recommendations that support strategic and operational decisions 

  • Interpret financial results, trends, and forecasts, translating complex analyses into clear business implications 

Financial Modeling & Scenario Analysis 

  • Design, develop, and maintain complex financial models to support: 

    • Cost allocation and driver‑based analysis 

    • Scenario, sensitivity, and what‑if analysis 

  • Translate assumptions and business drivers into quantified financial outcomes 

  • Translate complex modeling outputs into clear, actionable insights that drive business decisions

  • Develop and refine driver-based and predictive modeling approaches

  • Ensure models are structurally sound, well‑documented, and reproducible over time 

Financial Data & Analytics Foundation 

  • Define and validate core financial datasets used for actuals, budget, and forecast 

  • Ensure consistency of metrics and methodologies across reporting and analysis 

  • Design scalable analytical structures, dashboards, and reporting tools (e.g., Excel, Power BI) 

  • Reduce manual effort by improving automation, structure, and reuse of financial analyses 

  • Independently build end-to-end data and analytics solutions (i.e. ingesting data, modeling data. analyzing data, developing reports/dashboards, and sharing insights) to meet organizational priorities and timelines

Process Improvement & Knowledge Leadership 

  • Continuously improve financial analysis processes, tools, and methodologies 

  • Document models, assumptions, and analytical approaches to enable knowledge transfer 

What You Bring

  • Bachelor’s degree in finance, Accounting, Economics, or a related field.

  • 5+ years of progressive experience in financial analysis, FP&A, cost accounting, or financial modeling

Bonus Points

  • Advanced proficiency in Microsoft Excel (financial modeling, complex formulas) and Power BI or similar tools (data modeling, dashboards, data visualization) – Highly Preferred

  • Strong analytical skills with the ability to synthesize large, complex datasets into clear, actionable insights.

  • Experience building and maintaining complex financial models and supporting enterprise-level budgeting, forecasting, or cost allocation processes - Highly Preferred

  • Experience working in complex or highly regulated industries (e.g., healthcare, insurance, financial services), including familiarity with financial governance, audit support, and CAS/FAR regulations.

  • Experience with financial systems, reporting platforms and data integrations.

  • Excellent problem-solving, critical thinking, and attention to detail, with a proactive, solution-oriented mindset and growth orientation. – Highly Preferred

  • Strong communication, collaboration, and relationship-building skills with the ability to work effectively across cross-functional teams.

  • Experience contributing to cross-functional initiatives or projects, with exposure to project management practices.

What You’ll Get

  • The opportunity to work at the cutting edge of health care delivery with a team that’s deeply invested in the community.

  • Work-life balance, flexibility, and the autonomy to do great work.

  • Medical, dental, and vision coverage along with numerous health and wellness programs.

  • Parental leave and support plus adoption and surrogacy assistance.

  • Career development programs and tuition reimbursement for continued education.

  • 401k match including an annual company contribution

  • Learn more

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets,  licensure and certifications and other business and organizational needs. Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs. 

*Based on annual corporate goal achievement and individual performance.
 

$89,174.00 - $142,679.00

Skills

Annual Financial Statements, Financial Analysis, Financial Forecasting, Financial Performance Analysis, Financial Planning and Analysis (FP&A), Financial Reporting and Analysis, Financial Statement Analysis, Performance Analysis, Preparation of Monthly Management Accounts, Process Improvements

_____________________________________________________________________

JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.

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