Team Leader, Financial Reporting

Job Description

We’re hiring a Team Leader, Financial Reporting to join our Self-Funded Financial Reporting team. In this role, you will lead a team responsible for analyzing and evaluating the financial performance of Self-Funded (ASO) health plans and stop loss performance.

As the Team Leader, Financial Reporting, you will oversee and support complex initiatives to ensure the timely and accurate preparation of financial statements and related analysis for the Self-Funded business. You will play a key role in driving continuous improvement by identifying and implementing enhancements across the reporting lifecycle.

This position also serves as a critical liaison across the organization. You will represent the Self-Funded Financial Reporting team on enterprise-wide projects as a technical resource and subject matter expert, while acting as the primary point of contact for Sales & Marketing on Self-Funded group matters—partnering closely to resolve issues and support business needs.

What You’ll Do

• Lead the development of analysis and reporting for financial information used in monthly, quarterly, and/or annual reporting including historical and/or forecasted financial information:

  • Review and approve financial plans, financial forecasts, profitability impacts & competitive analysis, and various reports to better track profitability

  • Drive the preparation of financial and business-related analysis and research.

  • Oversee the development of budgets for the department based on actual performance, previous budget figures, estimated revenue, expense reports and other factors.

• Serve as the lead business partner to Sales & Marketing on self-funded group matters; serve as a subject matter experts on self-funded billing/collection/invoicing issues.

• Proactively identify areas of improvement and recommend process enhancements to management.

• Review, approve, and support the creation of monthly, quarterly, annual, and ad hoc reporting for use by senior leadership, the Board of Trustees, the BCBS Association; ensure such reporting is accurate and make presentations to management as needed.

• Respond quickly and accurately to escalated issues from internal and external clients and customers.

What You Bring

• Bachelor's degree or advanced degree (where required)

• 5+ years of experience in related field.

• In lieu of degree, 7+ years of experience in related field.

Bonus Points

• Previous leadership experience (formal or informal), including coaching/mentoring, workflow oversight, or leading process improvement initiatives.

• Experience partnering with Sales/Account Management/ Underwriting and handling escalations for large group customers.

• Experience leading through change (process redesign, system/portal transitions, new controls, communications).

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

Accounting, Budgeting, Finance Strategy, Financial Analysis, Financial Modeling, Financial Reporting and Analysis, Financial Statement Analysis, Management Reporting, Preparation of Financial Reports, Process Improvements, Reporting and Analysis, Reporting Management, Senior Management Reporting, Statement Analysis

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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.