Senior Vice President, Finance
Group 1001

Park Ridge, Illinois

This job has expired.


Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001's culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets - our employees.

Company Overview:

Clear Spring Health is part of Group One Thousand One ("Group1001"), a customer-centric insurance group whose mission is to make insurance more useful, intuitive and accessible so that everyone feels empowered to achieve financial security. Clear Spring Health is dedicated to helping seniors protect their health and well-being by providing Medicare Advantage plans in select counties of Colorado, Illinois, North Carolina, and Virginia, plus Georgia and South Carolina and offers Medicare Prescription Drug Plans in 42 states plus DC.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

Job Summary

This role reports to the Clear Spring Health (CSH) Chief Financial Officer and Treasurer (CFO) and will work closely with the CFO and other senior leaders in the organization. The role will also be a key leader in managing new acquisition opportunities and other strategic initiatives. The role will incorporate understanding of the key performance drivers across the business to facilitate successful integration of acquisitions, joint ventures and strategic opportunities. This role will be responsible for delivering value-added business analysis as well as defining and reporting meaningful financial and operational metrics that lead to insightful, accurate decision-making.

Main Accountabilities:

  • Develop and implement framework for M&A activity including project plans, risk assessments and implementation plans in conjunction with internal subject matter experts, CSH executive leadership and outside consultants.
  • Develop and implement framework for CSH to perform scenario and what-if analysis to support various strategic initiatives.
  • Provide input on CSH's plan, monthly analysis, quarterly analysis and re-forecast including as related to Risk Based Capital and capital requirements.
  • In conjunction with the CFO, enhance CSH's planning process by developing and implementing appropriate capital efficiency measures
  • Identify opportunities and develop strategies to optimize and/or improve CSH's capital position
  • Develop ad-hoc financial models to support strategic initiatives
  • Special projects to support management presentations
  • Ad-hoc business performance reporting
  • Provide cross training to personnel to improve the overall effectiveness of the Finance team

Qualifications:
  • Bachelor's degree in Accounting, Finance or related field required
  • Certified Public Accountant, Master's level degree or equivalent experience preferred
  • 15+ years of experience in Financial Management for a Medicare Advantage Health Plan
  • Exceptional analytical problem-solving and strategic planning skills
  • Demonstrated superior oral, written, and interpersonal communication, persuasion, and negotiation skills
  • Excellent analytical ability, strategic planning, organization, project management, and leadership skills


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