Blue Cross And Blue Shield Of Rhode Island Work Values

Daily Duties at Blue Cross And Blue Shield Of Rhode Island:

• Selected by the CFO to merge the activities of Actuarial’s Financial Forecasting Unit, and Finance’s Budget Department and Benchmarking area to create a new Financial Planning department that operated under my direction. • Produced financial forecasts with industry leading levels of accuracy. Annual variance in Profit/(Loss) was less than 1% of premium in most years (over a twenty year span) • Managed the development of corporate and departmental budgets totaling $270,000,000 in expenses • Lead production of the annual financial plan and related scenarios as a key part of the strategic decision making process • Managed production of benchmarking reports (metrics vs. competitors and industry norms) • Created and gave presentations for audiences including, Senior Management and the Board of Directors • Lead the development of multiple and continuous ad-hoc analysis to support strategic decision making • Managed work with actuarial consulting firms, most notably to develop surplus requirements accepted by state Health Insurance Commissioner involving $200,000,000+ in surplus • Modeled corporate surplus scenarios and requirements under varying conditions • Created four consecutive financial forecasting systems using only departmental staff independent of IT • Calculated large and small group rating factors impacting $2,000,000,000 in revenue • Produced annual, quarterly, monthly and ad-hoc reports used for monitoring the business and Plan • Hired, developed and maintained an elite staff many of whom are now respected leaders or key subject matter experts and was frequently called upon to assist other managers in hiring their staffs • Represented the department at meetings with, State regulators, Standard and Poor’s, the Blue Cross Association and, during two separate potential mergers, with the entities involved in those processes • Acted as an internal consultant to help other Actuarial and Underwriting units develop new approaches to various analytical challenges

What they like about Blue Cross And Blue Shield Of Rhode Island:

Working for a company with an emphasis on social values and helping society is a clear and important priority for you - a critical factor in who you choose to work for. In contrast to other factors, you place an organization's reputation for fairness and concern for the community above most other aspects of the company. As you search for a new job opportunity, it is usually possible to find out if the company is involved in the community and/or if it is addressing problems and issues in society. Pay special attention to non-profit organizations and those specifically involved in social action. Moreover, speaking with current and former employees should enlighten you to perceptions of the fairness of the company's leaders and the treatment of employees.

Tags

Director, Management, Financial forecasting, Actuarial, Finance, Budgets, Analysis, Insurance, Health care industry

Skills

Business Development, Strategic Planning, Organizational Process Design, Reporting, Balance Sheet Responsibility, Microsoft Office , Bookkeeping, Presentation Skills, Business Writing Skills, Organizational Process Design and Development , Sales Force Automation, Sales Interpretation , P&L responsibilities, Presentation, Ecommerce Strategy and digital marketing channels optimization - SEO, SEM, email, affiliates - for high-profile accounts., Technology Solutions, Sales Support, Software Implementation, Requirements Analysis & Specification, Leadership , Financial Forecasting, Staff Development

These are some of the questions we asked our climbers about their experiences with Blue Cross And Blue Shield Of Rhode Island: