VP, CFO, Medicare

Aetna Inc.
14 Jan 2019
19 Jan 2019
Job role
Contract type
Full time
Job Description


The VP, Medicare CFO will support Aetna's ability to achieve its financial and strategic goals by managing and driving business actions and financial goals across the segment and the enterprise. Partner with senior management teams within the segment to maintain financial and operational control of the business, develop insight and drive execution. Ensure effective support of financial closing, planning and forecasting processes. Such activities drive the quality and integrity of P&L/cost center owner level reporting, membership and/or expense forecasts, product reporting and balance sheet reporting.

This role is based in Hartford, CT.

Fundamental Components:

* Partner with senior management to analyze and support full P&L responsibility.
* Drive results; demonstrates urgency and holds self and others accountable for achieving high standards of performance and service
* Identify emerging product/market trend vulnerabilities and opportunities through analysis and insight generation; develop and implement action plans for business growth.
* Coordinate development and monitor implementation of major business unit action plans to seize competitive opportunities and/or respond to performance shortfalls/plan variances.
* Coordinate with other financial disciplines/functions in support of business transactions, e.g., PIP arrangements, regulatory issues, analysis of legal entities, etc.
* Identify, suggest, monitor, and track effective medical cost analysis through coordination with medical directors, network management, underwriting, etc.
* Support the coordination and development of business unit financial plans and forecasting tools/processes.
* Provide financial analysis and recommendations in support of management's evaluation of strategic and business initiatives.
* Drive the dissemination and collection of input/output data, critical assumption and management reporting requirements.
* Lead development and implementation of business unit performance measures.
* Develop processes and set infrastructure to measure, understand and monitor business unit results relative to action plans and milestones.
* Enhance processes that drive accountability measurements throughout the organization.
* Partner with other financial disciplines, e.g., actuarial, underwriting, to assure pricing, product and risk alignment with business unit financial performance targets.
* Align resources with shared services to drive business unit focus. Provide project management support for critical action plans other initiatives that cut across business unit and/or Aetna.
* Support business unit competitive intelligence analysis and benchmarking.
* Monitor and evaluate risk and delegation arrangements; recommend appropriate financial protections.
* Ensure appropriate financial controls are in place for shared services and business unit.
* Develop high performing financial unit that performs a function (e.g., medical cost analysis) and/or can assist in the financial and business issues support being provided to the business.
* Provide coaching/mentoring and development; ensures talent development best practices

Background/experience desired:

* 20+ years related financial management experience including strategic and business planning, accounting and financial analysis.
* Extensive experience in healthcare or managed care insurance preferred; will consider similar industries or financial services.
* Experience supporting a P&L.

Location: Hartford CT preferred, open to other locations.

Education: Bachelor's degree or equivalent experience.


Aetna is about more than just doing a job. This is our opportunity to re–shape healthcare for America and across the globe. We are developing solutions to improve the quality and affordability of healthcare. What we do will benefit generations to come.

We care about each other, our customers and our communities. We are inspired to make a difference, and we are committed to integrity and excellence.

Together we will empower people to live healthier lives.

Aetna is an equal opportunity & affirmative action employer. All qualified applicants will receive consideration for employment regardless of personal characteristics or status. We take affirmative action to recruit, select and develop women, people of color, veterans and individuals with disabilities.

We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard.

Benefit eligibility may vary by position. Click here to review the benefits associated with this position.

Aetna takes our candidates's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e–mail. Any requests for information will be discussed prior and will be conducted through a secure website provided by the recruiter. Should you be asked for such information, please notify us immediately.