Regional VP, Operations & Finance (Regional CFO)

Posted Yesterday
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4 Locations
In-Office or Remote
224K-308K Annually
Senior level
Healthtech
The Role
Leads regional financial and operational strategy for a Medicare health plan across Texas, Oklahoma, and Arkansas. Owns regional P&L, budgets, forecasts, margin and administrative targets, risk management, performance reporting, and the annual CMS Medicare Advantage bid process. Directs the regional Finance team and collaborates with provider network, health services, quality, product, and growth leaders. Oversees policy development, process improvements, provider performance analysis, and strategic relationships with physician and hospital leaders.
Summary Generated by Built In
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The Regional VP, Operations & Finance is accountable for the regional P&L. This seasoned Health Plan leader collects, analyzes and reports on various market data to connect financial outcomes with operational effectiveness. The Regional VP, Operations & Finance requires an in-depth understanding of health plan financials and how health plan operations impact financial performance.

The Regional VP, Operations and Finance in the South Central (TX, OK and AR) region is a Chief Financial Officer position with Operations elements as well. The Regional VP, Operations and Finance requires an in-depth understanding of how organization capabilities interrelate across segments and/or enterprise-wide to develop strategies to improve outcomes that support the region’s membership, medical expense, admin and margin targets.


To be successful, the Regional Vice President, Operations and Finance will provide leadership and direction to the regional Finance team. In addition, this leader will serve as a member of the Regional Leadership team, collaborating with Provider Network, Health Services and Network Performance peers to lead product, network, quality and operational strategy and execution.  This individual will lead the annual Medicare Advantage product bid process, working closely with enterprise product, finance and growth teams. As the Regional CFO, this leader will develop and provide fiscal and operational oversight of the regional annual budget, financial planning and projections, risk management and operational metrics and reporting. As a member of the regional leadership team, the RVP Operations & Finance must be comfortable with strategic discussions with physician and hospital leaders, and leading finance associates who identify financial drivers to performance of value-based providers.  The role interfaces regularly with regional, divisional and corporate leaders.  


The RVP reports to the Regional President with 4 direct reports. Total team size of 9.  


  • Lead regional market level strategy development process with operational leaders.
  • Direct accountability for regional P&L and achieving margin and administrative budget targets.
  • Direct the design and implementation of policies and procedures which result in increased performance, are properly integrated with other units, and comply with federal and state regulatory requirements
  • Establish and maintain management and performance controls by identifying, tracking, measuring and analyzing data to highlight problems, prevent losses, contain costs and direct the development of process improvements
  • Leads the annual CMS bid process
  • Maintains administrative budget oversight for regional functions and provides strategic and financial analysis to support provider contracting and performance, health services and trend identification
  • Cultivate internal and external business relationships which will serve as resources for technical knowledge and performance improvement


Use your skills to make an impact
 

Required Qualifications


  • Knowledge of Medicare, Medicare Advantage and Part D coverage, and participation and/or intimate knowledge of the annual CMS bid process
  • Bachelor’s degree in Business, Finance, Accounting or a related field
  • 8 plus years  of finance experience in the health solutions industry ( preferably with 3 plus years as a CFO role or COO with finance experience)
  • Demonstrated leadership skills. Experience building a high performing team to support a growth market
  • Knowledge of CMS bid mechanics and bid tools
  • Excellent communication and presentation skills
  • Ability to collaborate in a positive manner with all levels of the organization
  • Management and leadership experience
  • Willingness to travel a minimum of 20% within the region
  • Must reside in or be willing to relocate to Texas, Arkansas or Oklahoma (preferably TX)

Preferred Qualifications

  • Certified Public Accountant
  • Master's Degree in Business, Finance, Accounting or a related field
  • Knowledge of the South Central Region market dynamics and Value Based Care
  • Experience working with physician groups, provider contracting, market operations, and Medicare Risk Adjustment and Stars/Quality functions  

Additional Information

  • Ability to relocate or reside in Texas, Oklahoma or Arkansas (preferably TX)



Scheduled Weekly Hours

40

Pay Range

The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.


 

$223,700 - $307,800 per year


 

This job is eligible for a bonus incentive plan. This incentive opportunity is based upon company and/or individual performance.

Description of Benefits

Humana, Inc. and its affiliated subsidiaries (collectively, “Humana”) offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and personal holidays, paid parental and caregiver leave), short-term and long-term disability, life insurance and many other opportunities.


About Us
 
About Humana: Humana Inc. (NYSE: HUM) is a leading U.S. healthcare company. Through our Humana insurance services and our CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare and Medicaid, families, individuals, military service personnel, and communities at large. Learn more about what we offer at Humana.com and at CenterWell.com.


Equal Opportunity Employer

It is the policy of Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status. It is also the policy of Humana to take affirmative action, in compliance with Section 503 of the Rehabilitation Act and VEVRAA, to employ and to advance in employment individuals with disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment.

Skills Required

  • Knowledge of Medicare, Medicare Advantage, and Part D coverage
  • Participation in or intimate knowledge of the annual CMS bid process
  • Bachelor's degree in Business, Finance, Accounting, or a related field
  • At least 8 years of finance experience in the health solutions industry
  • At least 3 years in a CFO role or COO role with finance experience, preferably
  • Demonstrated leadership skills and experience building a high-performing team
  • Knowledge of CMS bid mechanics and bid tools
  • Excellent communication and presentation skills
  • Ability to collaborate positively with all organizational levels
  • Management and leadership experience
  • Willingness to travel at least 20% within the region
  • Residence in or willingness to relocate to Texas, Arkansas, or Oklahoma
  • Certified Public Accountant
  • Master's degree in Business, Finance, Accounting, or a related field
  • Knowledge of South Central region market dynamics and value-based care
  • Experience with physician groups, provider contracting, market operations, Medicare risk adjustment, and Stars or quality functions

Humana Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Humana and has not been reviewed or approved by Humana.

  • Healthcare Strength Medical, dental, vision, supplemental health, and long-term care insurance are offered alongside on-site/virtual wellness resources and weekly paid well-being time, indicating a whole-person focus.
  • Leave & Time Off Breadth Paid PTO and holidays, volunteer time, and formal leave options such as parental and caregiver time provide broad time-away support. Adoption assistance and lactation rooms extend coverage for key life events.
  • Retirement Support A 401(k) with company match anchors long-term savings. Employer-matched emergency savings programs complement retirement planning.

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The Company
HQ: Louisville, KY
40,741 Employees
Year Founded: 1961

What We Do

At Humana, our cultural foundation is aligned to helping members achieve their best health by delivering personalized, simplified, whole-person healthcare experiences. Recognizing healthcare needs continue to evolve for each person, for each family and for each community, Humana continuously creates innovative solutions and resources that help people live their healthiest lives on their terms –when and where they need it. Our employees are at the heart of making this happen and that’s why we are dedicated to building an organization of dynamic talent whose experience and passion center on putting the customer first.

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