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Sr Financial Analyst

Job in Detroit, Wayne County, Michigan, 48228, USA
Listing for: Blue Cross Blue Shield of Michigan
Full Time position
Listed on 2026-08-26
Job specializations:
  • Finance & Banking
    Financial Reporting, Financial Analyst
Salary/Wage Range or Industry Benchmark: 85000 - 110000 USD Yearly USD 85000.00 110000.00 YEAR
Job Description & How to Apply Below

Company:
Blue Cross Blue Shield of Michigan

Industry:
Health Insurance and Health Care

Level:
Non-Manager

Job Family:
Finance Treasury & Accounting

Compensation:
Competitive Total Compensation Package

About Us

When you think of Blue Cross Blue Shield of Michigan for health insurance, you can know you’re getting much more. We're a company founded on a tradition of affordable, quality health care for everyone, improving the present and investing in the future.
We offer:
Plans for employers and individuals that meet today’s needs, budgets and lifestyle
The largest network of doctors and hospitals in the state
Lower health care costs Higher quality health care
Grants and programs that promote better health throughout Michigan
Mission:We commit to being our members’ trusted partner by providing affordable, innovative products that improve their care and health.

Legal Disclaimer: EEO Statement: view full text All qualified applicants will receive consideration for employment without regard to, among other grounds, race, color, religion, national origin, sexual orientation, age, gender identity, protected veteran status or status as an individual with a disability. view full text

Legal Disclaimer: EEO Statement: view full text All qualified applicants will receive consideration for employment without regard to, among other grounds, race, color, religion, national origin, sexual orientation, age, gender identity, protected veteran status or status as an individual with a disability. view full text

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Overview Summary Job  Description

Join Blue Cross Blue Shield of Michigan as a Senior Financial Analyst
- Financial Reporting and help support accurate, timely, and well-informed financial reporting that drives business decisions and regulatory compliance.

In this role, you’ll contribute to statutory and GAAP financial reporting, regulatory deliverables, audit support, account reconciliations and variance analysis while collaborating with finance partners, leadership, auditors, and key stakeholders. This is an opportunity to apply your financial expertise, attention to detail, and analytical mindset in a role that supports the integrity of critical financial information across the organization.

Responsibilities Reporting

Assists with the preparation of various financial or regulatory reports and/or statements for management and/or parties external to BCBSM (e.g., auditors, BCBSA, state regulators and other oversight organizations). Prepares financial reporting for a division, customer or segment that may include linking financial information from various sources to provide meaningful financial reports or to assure appropriate data reconciliation.

Prepares financial information and reviews for accuracy and completeness. Performs detailed analysis when necessary. Other deliverables may include account reconciliations, impact studies, audit findings, budgets and business cases. Financial data may include financial statements detail, corporate, division and cost center BPR information, cost allocation information, general ledger transaction activity, settlement activity, membership, billing and revenue activity.

Procedure

May process financial transactions including journal entries, invoices, cost allocations, reclassifications, and other financial reporting adjustments. Assists with drafting of policies and develops desk-level procedures for the department to help assure clarity in department practices and adequate internal controls.

Communication

Interfaces with various departments, management and individuals' external to BCBSM. Responds to ad hoc requests and inquiries.

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