Alignment Health is breaking the mold in conventional health care, committed to serving seniors and those who need it most: the chronically ill and frail. It takes an entire team of passionate and caring people, united in our mission to put the senior first. We have built a team of talented and experienced people who are passionate about transforming the lives of the seniors we serve. In this fast-growing company, you will find ample room for growth and innovation alongside the Alignment Health community. Working at Alignment Health provides an opportunity to do work that really matters, not only changing lives but saving them. Together.
The Senior Director, Capital Planning is responsible for leading the enterprise-wide capital planning, investment governance, and strategic resource allocation process for a Medicare Advantage health plan. This executive leader oversees the development, prioritization, approval, tracking, and optimization of all capital investments, ensuring alignment with organizational strategy, regulatory requirements, financial objectives, and growth initiatives.The role partners closely with executive leadership, Finance, Operations, Information Technology, Clinical Operations, Provider Operations, Risk Adjustment, Compliance, and Enterprise PMO teams to establish a disciplined capital governance framework and maximize return on investment across the organization's portfolio of strategic initiatives, technology investments, market expansions, and operational transformation programs.
Job Responsibilities:
Enterprise Capital Planning & Governance- Lead the annual and multi-year capital planning process for the organization.
- Develop and maintain enterprise capital allocation strategies that support corporate objectives and long-term growth plans.
- Establish capital investment governance policies, procedures, approval thresholds, and decision-making frameworks.
- Facilitate capital review committees, investment councils, and executive governance forums.
- Maintain an enterprise capital portfolio and investment pipeline.
- Recommend capital allocation priorities based on strategic, operational, regulatory, and financial considerations.
- Develop scenario analyses to support capital deployment decisions under varying business conditions.
- Lead business case development and capital request evaluation processes.
- Establish standardized methodologies for:
- ROI analysis
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
- Payback Period
- Benefit Realization
- Risk Assessment
- Evaluate proposed investments against enterprise strategic objectives.
- Ensure all capital requests contain clear financial and operational benefits.
- Drive disciplined underwriting and gating processes for major initiatives.
- Oversee the organization's capital investment portfolio across:
- Monitor capital utilization and project-level performance.
- Identify risks, dependencies, and resource constraints across the portfolio.
- Recommend reprioritization of investments based on changing business conditions.
- Collaborate with FP&A, Accounting, Actuarial, Treasury, and Strategy teams.
- Integrate capital planning with annual budget and long-range planning processes.
- Develop capital forecasts and expenditure projections.
- Monitor approved versus actual spend and identify variances.
- Ensure alignment between capital investments and enterprise financial targets.
- Prepare Board-level and Executive Leadership reporting packages.
- Present investment recommendations, portfolio health, and capital performance metrics.
- Develop dashboards and KPI reporting for capital management.
- Provide strategic insights regarding investment performance and future capital requirements.
- Establish post-implementation review processes.
- Monitor realization of expected financial and operational benefits.
- Conduct investment look-back analyses to evaluate performance against approved business cases.
- Develop corrective action plans for underperforming investments.
- Maintain accountability for enterprise benefit realization reporting.
- Partner with executive leadership to identify future investment opportunities.
- Support corporate strategy development and growth planning initiatives.
- Evaluate mergers, acquisitions, provider partnerships, and expansion investments.
- Assess emerging healthcare technologies, digital capabilities, and operational innovations.
- Build and lead a high-performing Capital Planning Office.
- Manage capital planning analysts, portfolio managers, and financial consultants.
- Develop enterprise investment planning capabilities and best practices.
- Foster collaboration across functional business units.
- Serve as a trusted advisor to executive leadership.
Job Requirements:
Experience:
Required:
- 10+ years of progressive leadership experience in
- 5+ years leading large-scale investment governance programs.
Education:
Required:
- Bachelor's degree in Business Administration, Healthcare Administration, Information Systems, Project Management, or related field.
Specialized Skills:
Required:
- Medicare Advantage plan operations.
- CMS regulatory environment.
- Technology portfolio management.
- Enterprise PMO leadership.
- Capital-intensive transformation programs.
- Multi-state health plan expansion initiatives.
- Exceptional stakeholder management and communication skills.
- Strong organizational and analytical skills.
Essential Physical Functions:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. While performing the duties of this job, the employee is regularly required to talk or hear. The employee regularly is required to stand, walk, sit, use hand to finger, handle or feel objects, tools, or controls; and reach with hands and arms.
2. The employee frequently lifts and/or moves up to 10 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.
Pay Range: $198,219.00 - $297,329.00Pay range may be based on a number of factors including market location, education, responsibilities, experience, etc.
Alignment Health is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, age, protected veteran status, gender identity, or sexual orientation.
*DISCLAIMER: Please beware of recruitment phishing scams affecting Alignment Health and other employers where individuals receive fraudulent employment-related offers in exchange for money or other sensitive personal information. Please be advised that Alignment Health and its subsidiaries will never ask you for a credit card, send you a check, or ask you for any type of payment as part of consideration for employment with our company. If you feel that you have been the victim of a scam such as this, please report the incident to the Federal Trade Commission at https://reportfraud.ftc.gov/#/. If you would like to verify the legitimacy of an email sent by or on behalf of Alignment Health’s talent acquisition team, please email [email protected].
Skills Required
- 10+ years of progressive leadership experience
- 5+ years leading large-scale investment governance programs
- Bachelor's degree in Business Administration, Healthcare Administration, Information Systems, Project Management, or a related field
- Experience with Medicare Advantage plan operations
- Experience with the CMS regulatory environment
- Technology portfolio management experience
- Enterprise PMO leadership experience
- Experience with capital-intensive transformation programs
- Experience with multi-state health plan expansion initiatives
- Exceptional stakeholder management and communication skills
- Strong organizational and analytical skills
Alignment Healthcare Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Alignment Healthcare and has not been reviewed or approved by Alignment Healthcare.
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Healthcare Strength — Core coverage includes multiple medical plan types with major carriers along with dental and vision. Options are described as comprehensive on paper and can include plan choice depending on role and location.
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Retirement Support — A 401(k) plan with company match is commonly offered, and some roles also receive equity via RSUs. This foundation strengthens total rewards even when base pay varies by job family.
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Leave & Time Off Breadth — PTO is offered with paid holidays, and some teams provide paid parental leave; clinical roles may include CME time and tuition reimbursement. These elements expand beyond basic medical benefits to support time away and professional development.
Alignment Healthcare Insights
What We Do
Alignment Healthcare is redefining the business of health care by shifting the focus from payments to people. We’ve created a new model for health care delivery that cuts costs and improves lives by unraveling the inefficiencies of the current system to drive patients, providers and payers toward a common goal of wellness. Harnessing best practices from Medicare Advantage, our innovative data-management technology allows us to commit to caring for seniors and those who need it most: the chronically ill and frail. Alignment Healthcare provides partners and patients with customized care and service where they need it and when they need it, including clinical coordination, risk management and technology facilitation. Alignment Healthcare offers health plan options through Alignment Health Plan, and also partners with select health plans to help deliver better benefits at lower costs. For more information, please visit www.alignmenthealthcare.com.
