Senior Financial Planning & Analysis (FP&A) Analyst - (Op Gain/Special Projects)

Delta Dental of California; Oakland (CA); Hybrid; USD 71,000 - 150,000; Full time

Benefits offered by this job

Competitive pay

401(k) plan

Medical & pharmacy benefits

Dental & vision

Wellbeing program

Paid holidays

Career development

Tuition reimbursement

Adoption assistance

Volunteer opportunities

Employee discounts

Job summary

Delta Dental of California is seeking a Senior Financial Analyst to blend accounting expertise with advanced statistical analytics. This role develops Monte Carlo simulations, predictive forecasting, and scenario analysis to quantify uncertainty and drive enterprise decision-making.

You will partner with Underwriting, Actuarial, and Accounting to quantify drivers of product-level performance, produce regular reporting, and mentor junior staff in a dynamic, hybrid environment in Oakland, CA.

Qualifications

• 4+ years of progressive FP&A experience with a Bachelor's degree.
• Strong organizational and time management skills.
• Detail-oriented with analytical problem-solving abilities.
• Excellent verbal and written communication skills.
• Knowledge of ERP and planning apps (Oracle/Hyperion, SAP, IBM Cognos).

Responsibilities

• Lead planning, budgeting and forecasting with business owners.
• Prepare monthly financial performance reporting and variance analysis.
• Perform high-impact analyses to support strategic decisions.
• Develop and maintain complex analytical models.
• Mentor junior team members and drive process improvement.
• Communicate insights to business partners.

Skills

Financial planning & analysis

Forecasting

Variance analysis

Communication skills

Problem-solving

Education

Bachelor's degree

Tools

Oracle/Hyperion

SAP

IBM Cognos

Job description

The Senior Financial Analyst - (Op Gain/Special Projects) is designed for a finance professional who combines strong accounting expertise with advanced statistical and analytical capabilities to solve complex business problems and improve enterprise decision-making. Working closely with Underwriting and Actuarial partners and the Accounting function, the analyst will develop advanced analytical models and apply techniques such as Monte Carlo simulation, predictive forecasting, and scenario analysis to quantify uncertainty, evaluate business outcomes, support operating gain analysis, and identify the underlying drivers of product-level financial performance. The ideal candidate is equally comfortable discussing financial statement impacts, pricing assumptions, statistical models, risk drivers, rate/volume mix, product profitability and the downstream effects business decisions have on profitability and long-term financial results.

Responsibilities

• Drives planning, budgeting and forecasting process by partnering with business owners.
• Responsible for monthly financial performance reporting and communications, including trend and variance analysis, to functional and finance leaders.
• Works independently or collaboratively with cross-functional teams to perform sophisticated, high-impact persuasive analysis that drives strategic decision-making for all areas of the business.
• Manages key department processes and projects, such as cost allocations, profitability analysis, scenario analysis, rate review, cost benefit analysis, etc.
• Develops and maintain complex models.
• Identifies opportunities and lead process improvement efforts to achieve operational efficiency.
• Mentors junior members of the team and oversee their work.
• Drives efforts to improve financial and business acumen of partners across the enterprise.
• Supports development of analysis, including key drivers that impact business outcome.
• Interprets financial and other data to deliver insights and support decision making for business partners.

Qualifications

• 4+ w/Bachelor's degree
• A minimum of 4 years of progressive experience in financial planning & analysis
• Strong organizational/time management skills and multi-tasking abilities.
• Detail oriented with strong analytical and problem-solving skills.
• Excellent verbal and written communication skills.
• Knowledge of ERP and Planning applications, such as Oracle/Hyperion, SAP, IBM/Cognos required (Oracle/Hyperion preferred)
• Understanding of basic accounting concepts and principles
• Able to effectively coordinate work and communicate across disparate groups of individuals, functions, and levels in the organization
• PC literacy required; Excellent MSOffice skills (Outlook, Word, Excel, PowerPoint, Access)
• Knowledge of health insurance industry desirable

***Please Note: This is a hybrid position. During the first three months of employment, team members are expected to work onsite approximately three days per week in either our Oakland, CA or Rancho Cordova, CA office for onboarding and training. After this initial period, the role transitions to approximately one day per week onsite. Candidates should be within a reasonable commuting distance of one of these locations.*** The national base pay range at the end is a good-faith estimate of what Delta Dental may pay for new hires. Actual pay may vary based on Delta Dental's assessment of the candidate's knowledge, skills, abilities (KSAs), related experience, education, certifications and ability to meet required minimum job qualifications. Other factors impacting pay include prevailing wages in the work location and internal equity. Pay Grade 20. $71,400 - $149,500

Behind the smile! We are dedicated to safeguarding the health and financial stability of our employees and their loved ones. This commitment extends beyond the workplace to foster personal growth and holistic wellbeing. Our life-changing rewards package includes:

• Competitive base and incentive pay
• 401(k) with robust matching and non-matching contributions
• Rich medical & pharmacy benefits
• 100% employer-paid dental and vision benefits
• Holistic wellbeing program with deep financial incentives
• Generous paid time off plus 12 paid holidays and your birthday off
• Culture of growth and learning: career development; tuition reimbursement; recognition program
• Family support: adoption assistance, fertility treatment, child, elder & pet care assistance
• Social responsibility and volunteer opportunities
• Employee discount program

Fair Chance Ordinances and Criminal Background Considerations

This position requires that the applicant undergo a background check. Qualified applicants with arrest or conviction records will be considered for employment in accordance with any applicable federal, state or local laws, including, but not limited to, the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and/or New York Corrections Law Article 23-A.

Important Work Authorization Information

Please note, Delta Dental will not sponsor applicants for work visas for this position.