Chief Financial Officer; CFO

Deep Roots. Solid Growth. Caring People. Rooted in Wyoming!

We are Blue Cross Blue Shield Wyoming: a not-for-profit health insurer with offices throughout the state. Ever since a small group of caring, persistent Wyoming women helped us put down roots in 1945, everything we do is aimed at better health care for the people of Wyoming.

We envision a future where integrity, compassion, and trust define a local health insurance experience. Committed to doing the right thing for our members, employees, and community, we strive to protect and contribute to the health and care of all we serve.

provide our members with access to local health insurance solutions that prioritize health, care, and well-being for those who call Wyoming home.

If our passion and purpose resonate with you, you may be who we are looking for.

Reports to:

Chief Executive Officer (CEO); also works the Board of Directors (BOD) the Finance & Audit Committee, and Investment Committee as may be requested by the CEO and the BOD.

Department:
Finance

Organization type:
Nonprofit, corporate health plan

Organization size:
Approximately 315 employees; operates solely within the State of Wyoming (Rocky Mountain Front Range region)

Direct Reporting Functions:
General Accounting, Tax, Payroll, Financial Planning, Finance Operations, Investment, and Treasury; partners with in-house actuary.

FLSA status:
Exempt

Location:

Wyoming; on-site with hybrid flexibility

Scope note:
The organization's Medicare Advantage product is offered through a separate joint venture (JV). This CFO role may serve in an Officer for the JV; those duties are governed by a separate job description and are intentionally excluded from this document, which covers the nonprofit, corporate health plan's core CFO role only.

The Chief Financial Officer (CFO) is the top financial executive for Blue Cross Bue Shield of Wyoming (BCBSWY), a small, mission-driven nonprofit, corporate health plan health plan of approximately 315 employees operating solely within the State of Wyoming. Reporting to the CEO and working with the Board of Directors as requested, the CFO owns the financial strategy, health, and integrity of the organization and is a hands‑on leader as well as a strategist.

This is an executive role that sets direction and represents the organization to regulators, auditors, lenders, and partners, while also leading a lean finance team and remaining close to the day‑to‑day mechanics of accounting, tax, treasury, reserves, budgeting, and reporting. As a nonprofit corporate health plan, the plan measures success by its ability to serve members and sustain the mission—generating operating margins sufficient to protect solvency and reinvest in the community rather than to distribute profit.

The role operates within the distinctive economics of a risk‑bearing health plan: revenue is driven by member enrollment and premium, the largest cost is medical claims, and profitability and reserves are governed by the medical loss ratio (MLR), medical cost trend, and disciplined reserve setting. The plan is a single‑state, Wyoming‑based insurer regulated by the Wyoming Department of Insurance, and it works with the CMS on the plans/programs it serves.

(The organization launched a Medicare Advantage product in the past 2 years through a separate joint venture; that entity is governed and reported separately, as noted above.) The CFO must balance margin and mission against statutory capital, solvency, and regulatory requirements while sustaining the confidence of the Board, regulators, and community partners.

• Financial Strategy & Leadership: financial strategy that sustains the plan's margin, reserves, and mission; advise the CEO and Board on the financial implications of enrollment, product, network, and market decisions, serve as a hands‑on financial leader for a small organization—setting direction while remaining close to the close, the budget, and the numbers—and build and mentor a lean, capable finance team, and evaluates growth and sustainability opportunities appropriate…