Financial Planning & Analysis Senior Analyst, Clover Health
$110-155k
+ Equity + Performance-Based Bonus Program + ESPP
Medicare provider
Be an early applicant
Medicare provider
501-1000 employees
Be an early applicant
$110-155k
+ Equity + Performance-Based Bonus Program + ESPP
501-1000 employees
Company mission
To improve the quality of life of our members and physicians by reducing doctor-insurer friction and increasing visibility into the health of each patient, leading to improved care.
Role
Who you are
- You have 4+ years of financial planning & analysis or strategic finance experience
- You have experience working in a high growth startup environment, with Medicare Advantage, value-based care, or healthcare technology experience
- You have strong financial modeling skills with experience budgeting, forecasting, and business analysis
- You have SQL skills (preferred, but not required)
- You are advanced in Excel and have a working knowledge of Microsoft Office and Google suite
What the job involves
- The Financial Planning & Analysis Senior Analyst will play an important role as the strategic finance business partner to aid in the growth of Clover Health
- Work with a cross functional team to enhance/create key performance indicators (“KPIs”) and reporting, including both financial and non-financial metrics
- Build complex analytical models that utilize both financial and non-financial data to forecast operating results, with scenario modeling
- Support the budgeting, strategy development, and business planning process
- Provide monthly budget variance analysis yielding actionable insights to management
- Assist in building monthly reporting presentations for executive leadership, including identifying performance drivers and areas of opportunities for efficiencies and growth
- Perform Return-on-Investment analysis, helping drive planning and strategic decision making
- Perform other special ad-hoc projects and analyses along with the corporate finance team as directed by management, including M&A
- Value additive finance business partner: You'll collaborate across teams to design and implement a robust system of KPIs that illuminate plan and platform performance
- This includes crafting clear, insightful reports for executive leadership
- Expert financial and business modeling: You'll build complex models that integrate financial and non-financial data to generate accurate forecasts with scenario analysis
- This will be instrumental in supporting budgeting, strategic planning, and ROI analysis
- Useful analyses with a solution mindset: You'll provide insightful monthly variance analysis, pinpointing performance drivers and opportunities for growth and efficiency
- Your analysis will be actionable, informing management decisions and driving strategic success
- Resourceful problem-solving: You'll combine your curiosity with resourcefulness to tackle challenges and find solutions, often leveraging unconventional approaches
Our take
Clover Health is a medical insurance company operating as a Preferred Provider Orgaization for Medicare Advantage, the Medicare plan for elderly American citizens. It aims to reduce the doctor-insurer friction to increase visibility into the health of patients.
Through its approach, Clover's physicians are able to focus on people, rather than paperwork. It has a patient-centered analytics and dedicated care management team, and thus is able to rapidly identify potential healthcare risks to provide preventative care. This helps to provide a more sophisticated level of care than existing providers, even if its market share is relatively slim compared to competitors like UnitedHealthcare and Humana.
Over the years it has performed well in a rapidly growing market, but in 2021 ran into issues with profitability in the market due to inefficient costings, an issue it is steadily nipping in the bud in 2023. However, the number of elderly Americans has doubled over the past 25 years, and the market is expected to do the same between now and 2025. This upward trend brings hope of revitalising the growth and strong financial performance Clover has seen in recent years, especially as it focuses more on profitability through 2023.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-4% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Jan 2019
$500m
SERIES E
May 2017
$130m
SERIES D
Total funding: $925m
Company benefits
- Paid parental leave and a life insurance policy
- Commuter benefit program
- 2 paid volunteer days for an organization of your choice
- 401(k) contributions
- Home office reimbursement for full-time employees
- 18 paid vacation days, 9 paid sick days, 10 company holidays, and a floating holiday
- Medical, dental, and vision plans; healthcare and dependent care FSA as well as a health and wellness benefit
Company HQ
Downtown, Nashville, TN
Leadership
Vivek Garipalli
(CEO & Board Member)They started out in Healthcare Investment Banking with Credit Suisse before joining the Blackstone Group. They also worked in Private Equity at J.P. Morgan, and co-founded Ensemble Health Partners and CarePoint Health System.
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