Director, Financial – Individual Health Insurance Markets; Hybrid De

Introduction

At Emergent Holdings, we’re creating an innovative environment where our employees belong authentically, contribute meaningfully, and thrive intentionally — both personally and professionally.

Responsible for financial performance functions, including budgeting and forecasting, performance metrics, and assisting with the planning, organizing, and directing of the company’s financial plans and policies. This position is responsible for the customer experience related to financial analyses and reporting and ensures financial viability through proactive analysis and sound administration of policies and procedures. This role is responsible for communication and coordination of financial matters with Senior Health Services executive leadership.

This position also supports the establishment of the financial vision and strategic direction of the business unit in support of corporate goals and objectives, and implements and monitors leading and lagging KPIs to assist leadership in directing outcomes.

WORKING CONDITIONS:

Work is performed in an office setting with no unusual hazards.
This is a hybrid assignment with 3 days expected to be in an office, primarily based out of Detroit.

PAY RANGE:
Actual compensation decision relies on the consideration of internal equity, candidate's skills and professional experience, geographic location, market, and other potential factors. It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $149,200 and $249,900.

• Build influential partnerships across the enterprise and provide a profit and loss perspective.
• Oversee how the parent company of Blue Cross Blue Shield of Michigan’s business model and key business processes impact the assigned market segment to help drive financial strategy.
• Assist assigned market segments in creating strategies for meeting continuous improvement goals and forecasting business needs.
• Develop and lead a structured process for assessing emerging trends and challenges in both the revenue and benefit cost aspects of the assigned segments to support both driving P/L results as well as to support bid and pricing work.
• Coordinates with Emerging Markets performance support to complete the segment’s Capital Plan.
• Support the monthly close at an enterprise level and leads the segment monthly update and reporting process.
• Oversee and support business initiatives as needed.
• Ensures that forecasting, pro formas, and all financial analysis is consistent and congruent with market competitive and sizing metrics.
• Develop recommendations regarding anticipated changes for the financial strategy of the business.
• Create the opportunity for employee growth and development by building a talent management plan.
• Evaluate cost structures and process flows against external benchmarks to ensure best practices that reduce costs and increase efficiencies.
• Ensure the preparation of various financial reports to help drive financial strategy and business unit performance.
• Ensure client awareness regarding changes to business strategy/processes and their impact on financial and operational results.
• Ensure the market segments financial business plan adheres to budget requirements and corporate capital plan.
• Oversee the development of metrics related to new and revised processes.
• Provide vision, leadership, planning, project coordination and management for the development of a cost‑effective department while concurrently facilitating efficient operations to meet current and future business needs within the organization.
• Participate in development of annual departmental budget, monitor budget and identify budget discrepancies. Research cause and make recommendations.

DIRECTION EXERCISED:

Directly supervises exempt and non‑exempt staff in accordance with company policies and applicable Federal and State Laws. Responsibilities include but are not limited to effectively interviewing, hiring, terminating, and training employees; planning, assigning and directing work; appraising performance; rewarding and counseling employees; addressing complaints and resolving problems;…