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Blue Cross NCBN

Senior Analyst – Financial Data Modeling and Analytics

Blue Cross NC is a not-for-profit health insurance provider that aims to make healthcare easier and more affordable for over 4.3 million members in North Carolina.

Blue Cross NC

Employee count: 5000+

Salary: 89k-143k USD

United States only

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Job Description

We are seeking a highly skilled Senior Analyst – Financial Data Modeling and Analytics to support advanced financial analysis, cost modeling, budgeting, forecasting, and reporting across the organization. This role combines senior level financial judgment, deep financial modeling expertise, and strong data analytics capability. The individual serves as a key finance partner to leaders, ensuring financial insights are accurate, scalable, and decision focused.

This role brings a People First mindset, pairing strong financial judgment with curiosity, courage, and accountability. The individual balances intuition with data, seeks to understand stakeholder needs deeply, and uses insight and innovation to elevate decision making across the organization.

The ideal candidate brings strong financial acumen, technical expertise, and the ability to translate complex data into clear, actionable insights.

What You’ll Do

Financial Analysis & Decision Support

  • Serve as a senior financial partner to leaders, providing insights and recommendations that support strategic and operational decisions

  • Interpret financial results, trends, and forecasts, translating complex analyses into clear business implications

Financial Modeling & Scenario Analysis

  • Design, develop, and maintain complex financial models to support:

    • Cost allocation and driver‑based analysis

    • Scenario, sensitivity, and what‑if analysis

  • Translate assumptions and business drivers into quantified financial outcomes

  • Translate complex modeling outputs into clear, actionable insights that drive business decisions

  • Develop and refine driver-based and predictive modeling approaches

  • Ensure models are structurally sound, well‑documented, and reproducible over time

Financial Data & Analytics Foundation

  • Define and validate core financial datasets used for actuals, budget, and forecast

  • Ensure consistency of metrics and methodologies across reporting and analysis

  • Design scalable analytical structures, dashboards, and reporting tools (e.g., Excel, Power BI)

  • Reduce manual effort by improving automation, structure, and reuse of financial analyses

  • Independently build end-to-end data and analytics solutions (i.e. ingesting data, modeling data. analyzing data, developing reports/dashboards, and sharing insights) to meet organizational priorities and timelines

Process Improvement & Knowledge Leadership

  • Continuously improve financial analysis processes, tools, and methodologies

  • Document models, assumptions, and analytical approaches to enable knowledge transfer

What You Bring

  • Bachelor’s degree in finance, Accounting, Economics, or a related field.

  • 5+ years of progressive experience in financial analysis, FP&A, cost accounting, or financial modeling

Bonus Points

  • Advanced proficiency in Microsoft Excel (financial modeling, complex formulas) and Power BI or similar tools (data modeling, dashboards, data visualization) – Highly Preferred

  • Strong analytical skills with the ability to synthesize large, complex datasets into clear, actionable insights.

  • Experience building and maintaining complex financial models and supporting enterprise-level budgeting, forecasting, or cost allocation processes - Highly Preferred

  • Experience working in complex or highly regulated industries (e.g., healthcare, insurance, financial services), including familiarity with financial governance, audit support, and CAS/FAR regulations.

  • Experience with financial systems, reporting platforms and data integrations.

  • Excellent problem-solving, critical thinking, and attention to detail, with a proactive, solution-oriented mindset and growth orientation. – Highly Preferred

  • Strong communication, collaboration, and relationship-building skills with the ability to work effectively across cross-functional teams.

  • Experience contributing to cross-functional initiatives or projects, with exposure to project management practices.

What You’ll Get

  • The opportunity to work at the cutting edge of health care delivery with a team that’s deeply invested in the community.

  • Work-life balance, flexibility, and the autonomy to do great work.

  • Medical, dental, and vision coverage along with numerous health and wellness programs.

  • Parental leave and support plus adoption and surrogacy assistance.

  • Career development programs and tuition reimbursement for continued education.

  • 401k match including an annual company contribution

  • Learn more

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs. Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$89,174.00 - $142,679.00

Skills

Annual Financial Statements, Financial Analysis, Financial Forecasting, Financial Performance Analysis, Financial Planning and Analysis (FP&A), Financial Reporting and Analysis, Financial Statement Analysis, Performance Analysis, Preparation of Monthly Management Accounts, Process Improvements


JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.

About the job

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Posted on

Job type

Full Time

Experience level

Salary

Salary: 89k-143k USD

Education

Bachelor degree

Experience

5 years minimum

Location requirements

Hiring timezones

United States +/- 0 hours

About Blue Cross NC

Learn more about Blue Cross NC and their company culture.

View company profile

Blue Cross and Blue Shield of North Carolina (Blue Cross NC) has been committed to making health care easier, more affordable, and more accessible for all since its establishment in 1933. As a not-for-profit company, Blue Cross NC serves more than 4.3 million members and works diligently to meet the health insurance needs of individuals, families, and businesses throughout North Carolina. The company offers various health insurance plans, including individual and family plans, Medicare options, and coverage for employer groups.

Blue Cross NC believes in a community-first approach and has generously invested over $200 million into local initiatives focusing on improving health outcomes, fighting food insecurity, and supporting education, among other causes. With a dedicated workforce of more than 5,000 employees, Blue Cross NC prioritizes member service and satisfaction by offering tailored resources and support to navigate the complexities of health insurance. The company’s commitment to not just insuring, but truly caring for its members, reinforces its mission to improve health care for all North Carolinians.

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Blue Cross NC

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