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

Socket.dev; Rancho Cordova (CA); Hybrid; USD 71,000 - 150,000; Full time

Benefits offered by this job

Competitive base and incentive pay

401(k) with matching

Medical & pharmacy benefits

Dental & vision benefits

Wellbeing program

Paid time off + holidays

Tuition reimbursement

Career development

Volunteer opportunities

Employee discount program

Job summary

Delta Dental is seeking a Senior Financial Analyst – Op Gain/Special Projects in California to lead planning, budgeting, and forecasting with cross-functional teams. You will develop advanced models, conduct scenario analyses and quantify uncertainty to influence profitability and long-term financial results.

This role partners with Underwriting, Actuarial and Accounting teams to drive strategic decisions. The ideal candidate has 4+ years in FP&A, strong accounting knowledge, and hands-on

Qualifications

• 4+ w/Bachelor’s degree
• 4+ years of progressive experience in financial planning & analysis
• Experience with ERP systems such as Oracle/Hyperion, SAP, IBM/Cognos
• Strong analytical and problem-solving skills
• Excellent verbal and written communication skills

Responsibilities

• Drives planning, budgeting and forecasting process with business owners
• Monthly financial performance reporting including trend and variance analysis
• Perform sophisticated analysis to drive strategic decisions across the business
• Manage cost allocations, profitability analysis and scenario analysis
• Develop and maintain complex financial models
• Identify opportunities and lead process improvements for efficiency
• Mentor junior team members and oversee their work
• Improve financial and business acumen of partners
• Interpret data to deliver insights for decision making

Skills

Financial analysis

Forecasting

Communication

Problem solving

Education

Bachelor's degree

Tools

Oracle/Hyperion

SAP

IBM Cognos

MS Office

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.***Base Pay Information 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.

At Delta Dental, we’re behind millions of smiles and counting. For over 68 years, we’ve served our communities by increasing access to affordable, quality care – but that commitment to care extends beyond the people we serve, to the dedicated employees who make those smiles genuine. We've come this far by building fair programs that offer opportunities for advancement, create meaningful connections and improve the lives of our employees and their families. Because we know that when we take exceptional care of each other, we can make a positive impact for all.
We champion an inspirational workplace through our commitment to trust, service, excellence and innovation. Joining us means working for a company that offers stability and balance, opportunities for leadership at all levels, and a work environment focused on teamwork and camaraderie.
Discover the smiling faces behind Delta Dental and experience our values and culture in action by connecting with us on social media. Follow Delta Dental Ins. on Facebook and Instagram, #LifeatDDins on Facebook and Instagram, Delta Dental Ins. on Twitter and Delta Dental Ins. on LinkedIn. If you've got an appetite for innovation and want to be a part of a team that’s transforming the future of health care, join us!
Since 1955, we have offered comprehensive, high-quality oral health care benefits to millions of enrollees and built the strongest network of dental providers in the country. The Delta Dental of California network includes affiliates Delta Dental Insurance Company; Delta Dental of Pennsylvania; Delta Dental of New York, Inc.; Delta Dental of the District of Columbia; Delta Dental of Delaware, Inc.; and Delta Dental of West Virginia, providing dental benefits to more than 31 million people across 15 states, the District of Columbia, Puerto Rico and the Virgin Islands.
The company and its affiliates are part of Delta Dental Plans Association (DDPA), a not-for-profit national association based in Oak Brook, Illinois. Through our national network of Delta Dental companies, we offer dental coverage in all 50 states, Puerto Rico and other U.S. territories. We offer vision coverage through DeltaVision in 15 states and the District of Columbia. Collectively, we deliver benefits to more Americans than any other dental insurance company.
Delta Dental Ins