Blue Cross Blue Shield of North Carolina

Principal Financial Advisor

US-Anywhere
+ 26 other locationsRemote
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or advanced degree (where required)
  • 8+ years of experience in related field
  • 10+ years of experience in related field in lieu of degree

Responsibilities

  • Collaborate with staff and leadership to prioritize and implement financial strategies that align with corporate goals.
  • Identify and assess financial strategies using customer insights to maximize ROI and minimize risk.
  • Develop corporate positions for senior leadership and create executive presentations.
  • Foster relationships with internal and external partners to analyze significant business financials.
  • Lead financial planning efforts and present results to executive leadership.
  • Innovate financial solutions through stakeholder collaboration to define and achieve financial success.
  • Identify operational improvements and assess new ideas to minimize financial impacts.

Benefits

  • Opportunity to work at the cutting edge of health care delivery with community investment.
  • Work-life balance, flexibility, and autonomy in role.
  • Comprehensive medical, dental, and vision coverage.
  • Parental leave and support along with adoption and surrogacy assistance.
  • Career development programs and tuition reimbursement.
  • 401k match with annual company contribution.
Full Job Description

Job Description

Blue Cross NC is seeking a Principal Financial Advisor to serve as a strategic finance leader at the intersection of financial analysis, business strategy, and enterprise transformation. This highly visible role goes beyond traditional finance, partnering with senior leaders to influence key decisions, optimize operational expenses, and drive organizational success. As a trusted advisor, you will translate complex financial data into actionable insights, lead strategic initiatives, and help shape the future direction of the business. The ideal candidate brings strong financial expertise, business acumen, executive presence, and the ability to influence outcomes across a complex and evolving organization.

What You’ll Do

  • Works directly with staff and senior leadership across the company to proactively identify, prioritize, optimize and implement financial strategies and create meaningful and actionable outputs that drive the development of multi-year financial plans aligned to the company’s overall strategic goals

  • Proactively identify, evaluate, and implement financial strategies and plans, leveraging customer and consumer insights to drive business outcomes and maximize ROI, reducing risk and exposure and enable Blue Cross NC to meet growth and cost containment goals.

  • Supports the development of corporate strategic positions on behalf of senior leadership and represents those positions internally and externally including financial modeling and development of executive presentations

  • Builds and manages relationships and collaborates with both internal and external partners to drive highly complex financial analyses focused on significant business strategies and opportunities with substantial levels of importance and visibility

  • Leads annual and long-term financial planning efforts and analyses; provides thought leadership at a divisional, cross-divisional, and enterprise level; prepares and presents results to executive leadership.

  • Drives financial innovation and stewardship through collaboration and consultation with internal stakeholders to identify, plan and execute initiatives with significant financial impact. Partners with internal clients to better understand what problems they are trying to solve, help them articulate their vision and define financial impacts and success. Provides methods and resources to support their execution of those plans and quantification and realization of benefits

  • Utilizes expertise to identify operational improvements and leads the development of new ideas to understand, estimate and minimize the financial impact of existing or emerging issues the business faces. Evaluates those ideas to determine viability and opportunity for success and follows through from implementation to value realization

What You Bring

  • Bachelor's degree or advanced degree (where required)

  • 8+ years of experience in related field.

  • In lieu of degree, 10+ years of experience in related field.

Bonus Points

  • Workday, Adaptive Planning, and OfficeConnect experience a plus

What You’ll Get

  • The opportunity to work at thecutting edgeof health care delivery with a teamthatdeeply invested in the community.

  • Work-life balance, flexibility, and the autonomy to dogreat work

  • Medical, dental, and vision coverage along withnumeroushealth and wellness programs.

  • Parental leave and support plus adoption and surrogacyassistance

  • Career development programs and tuition reimbursement for continued education

  • 401k match including an annual company contribution

WhereYouWork

Our Hybrid Flex approach is builton presencewith a purpose giving you flexibility to work remotely with intentional in-person connection that supports a workplacethatflexible, connected, and future focused.

In a Hybrid-Flex role,youwork in the office at least two days a week for collaboration and connection. In a Remote Flex role,youwork virtually, with a few in-office visits each year formeaningfulmoments that matter.

Whether your role is Hybrid Flex or Remote Flex depends on the nature of the work and distance from our Durham headquarters. We welcome candidates from outside the local area and in anystateslistedonthis job posting. Onsite expectations will be discussed during the interview process.

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$107,901.00 - $172,642.00

Skills

Finance, Finance Strategy, Financial Advising, Financial Analysis, Financial Execution, Financial Planning and Analysis (FP&A), Operational Process Improvements, Portfolio Management, Process Improvements, Resource Management, Strategic Planning, Strategic Thinking, Strategy Development, Wealth Management

About Blue Cross Blue Shield of North Carolina

Blue Cross Blue Shield of North Carolina (BCBSNC) is a non-profit health insurance company based in Durham, North Carolina. The company provides health insurance to more than 3.7 million customers in North Carolina. BCBSNC offers a variety of health insurance plans, including individual and family plans, Medicare Advantage plans, and employer-sponsored plans. The company also offers wellness programs and resources to help customers manage their health. BCBSNC was founded in 1933 and has since grown to become one of the largest health insurance providers in North Carolina.
Learn more about Blue Cross Blue Shield of North Carolina
Size
5,000 employees
Industry

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