Senior Vice President and Chief Financial Officer; CFO

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The Senior Vice President and CFO (CFO) is a member of the Senior Leadership Team, reporting to the President and Chief Executive Officer (CEO). The CFO serves as a thought partner to the CEO playing a significant role in developing and implementing the Company’s strategic, business and financial plans with a focus on the capital strength, generation of positive earnings, and ongoing investment in the organization.

The CFO oversees the Company’s major financial activities including planning, forecasting, budgeting, reporting, and investing. While the CFO will have direct reports in various finance related departments, they will work closely with other senior leaders and business owners, supporting a distributed accountability model to achieve results. The CFO will provide regular and timely reporting to the Board of Directors, Audit Committee, Finance Committee, CEO, and other senior management regarding company financial status, business performance, and investment results.

The CFO will promote a culture supportive of employee development, satisfaction and excellence. The CFO partners closely with other senior leaders to achieve the Company’s financial targets and outline long-range strategic, operating and capital plans.

The CFO is responsible for key functions, including oversight of financial planning and analysis, payroll, budgeting, accounting, actuarial, underwriting, pricing, medical economics, capital planning, reserving, investment and tax management, regulatory reporting, among others. The role ensures financial processes and reporting are compliant with regulatory and legal requirements across multiple states and lines of business, and applicable filings and reports are accurate and timely.

The CFO collaborates with business owners to monitor enterprise risk and develop metrics and targets for use in managing the various Lines of Business. The CFO maintains a deep knowledge of industry best practices and makes recommendations to ensure Company systems, targets and processes remain market competitive.

As a key leader, the CFO shares in the responsibility to create an environment that reinforces Company mission and values, recruits and develops talent, and cultivates a culture of trust, transparency and accountability.

• Oversee Finance/Actuarial/Investments/Capital to achieve budgeted profit results and other financial targets and to preserve the organization’s net assets.
• Oversee and direct budgeting, accounting, tax, investment management, and long-range financial forecasting activities for the organization.
• Responsible for preparing complete and accurate financial reports for executive management and the Board of Directors.
• Direct and coordinate the Company’s budgeting process and monitor and report performance relative to budget on a regular basis.
• Coordinate state and federal tax reporting and compliance activities.
• Oversee preparation of NAIC (National Association of Insurance Commissioners), State of Oregon Insurance Division and other required regulatory filings and reports. Work with the applicable teams to prepare for and assist Insurance Division auditors in completing periodic financial audits.
• Communicate corporate financial status to management and board.
• Assist the CEO in investigating, evaluating and negotiating acquisition, merger, new business ventures and other growth opportunities in accordance with the objectives and plans established by the CEO and the Board of Directors.
• Work with the Chief Actuary to conduct and analyze studies of provider contract rates, information, and business…