Lead Financial Analyst

Medica; Hopkins (MN); On-site; USD 88,800 - 152,300; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Paid time off

401(k) contributions

Holidays

Job summary

Medica, a nonprofit health plan, seeks a Financial Analyst IV to support the IFB and Commercial finance teams. Based in Minnetonka, MN, this onsite role requires three days in the office and focuses on budgeting, forecasting, and financial reporting.

You will maintain financial models, analyze results, prepare leadership materials, and collaborate with cross-functional teams to drive data-driven decisions. A Bachelor’s in accounting/finance with 5+ years of experience and advanced

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

Responsibilities

• Analyze financial data for the IFB and Commercial segments to support budgeting, forecasting, and reporting processes
• Maintain and update financial models and prepare recurring and ad hoc reports for leadership reviews
• Collaborate with cross-functional teams to develop financial analysis and support decision-making

Skills

Interpersonal skills

Cross-functional

Budgeting & forecasting

Analytical thinking

Presentation skills

Problem-solving

Data presentation

Education

Accounting/Finance degree

Equivalent experience

Tools

Microsoft Excel

PowerPoint

Job description

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.