Overview
Medica is a nonprofit health plan with more than a million members serving communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for. Our team owns our work with accountability, makes data‑driven decisions, embraces continuous learning, and celebrates collaboration. Our mission is to be there in the moments that matter most for our members and employees.
Location & Compensation
This is an Office role requiring onsite attendance in our Minnetonka, MN office, on average, three days per week. The full salary grade for this position is $88,800 – $152,300. The typical hiring salary range is $88,800 – $133,245, dependent on education, experience, certifications, responsibilities, pay equity, and market data. Medica offers a total rewards package that includes competitive medical, dental, vision, PTO, holidays, paid volunteer time off, 401(k) contributions, caregiver services, and other benefits.
Responsibilities
Medica’s Financial Analyst IV analyzes financial data for our Individual Family Business (IFB) and Commercial segment finance teams. The role maintains and updates financial models and reporting analysis to support budgeting, forecasting, and financial reporting processes. The analyst works to improve financial status by analyzing results, monitoring variances, identifying trends, and recommending actions to management. Responsibilities also include preparing recurring and ad hoc financial reports, summaries, and presentation materials for leadership reviews and collaborating with cross‑functional teams to develop financial analysis and support decision‑making.
Qualifications
Bachelor’s degree in Accounting, Finance, Economics, or equivalent combination of education and work experience
5+ years of related experience within data analysis, financial reporting, financial analysis, and/or forecasting beyond the degree
Expert or advanced MS Excel and PowerPoint skills
Skills and Abilities
Strong interpersonal and communication skills with the ability to collaborate with cross‑functional teams such as Actuarial and Claims Operations
Experience with budget and forecasting cycles within a complex organization
Advanced Microsoft Excel and PowerPoint experience
Analytical, decision‑making, and organizational skills
Demonstrated problem‑solving skills for this role
Ability to present data in a consumable format
Result‑driven, detail oriented with the ability to manage multiple priorities in a dynamic environment
Preferred Qualifications
7+ years of related experience
Knowledge of the health insurance industry, operations, and key expense drivers
Knowledge and experience with GAAP and statutory accounting
Experience presenting and preparing materials for leadership in a clear and concise manner
Adaptability and fast learning ability; solution‑oriented project management skills
TM1 and/or SQL experience desired
Eligibility to work in the US
Medica does not offer work visa sponsorship for this role. All candidates must be legally authorized to work in the United States at the time of application. Employment is contingent on verification of identity and eligibility to work in the United States.
Equal Opportunity Employer
We are an Equal Opportunity employer. All qualified applicants receive consideration for employment, regardless of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.
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