Our Mission is to Make Healthcare Right. Together. Built upon the belief that by connecting and aligning the best local resources in healthcare delivery with the financing of care, we can deliver a superior consumer experience, lower costs, and optimized clinical outcomes.

What drives our mission? The company values we live and breathe every day. We keep it simple: Be Brave. Be Brilliant. Be Accountable. Be Inclusive. Be Collaborative.

If you share our passion for changing healthcare so all people can live healthy, brighter lives – apply to join our team.

SCOPE OF ROLE

Bright Health is seeking a Director, Health Insurance Accounting, based in the Minneapolis, Minnesota headquarters office. This is a critical new role for the company that will be leading accounting processes and controls for the regulated Bright Health insurance entities. The position will report to the Senior Director, Bright Health Accounting, and will partner closely with other corporate and subsidiary accounting, actuarial, FP&A, and other key areas.

ROLE RESPONSIBILITIES

The Director, Health Insurance Accounting job description is intended to point out major responsibilities within the role, but it is not limited to these items.

Provider leadership and oversight to complex health insurance accounting matters such as IBNR and other reserves, reinsurance/quota share, and risk adjustment.
Coordinate month-end close activities with other controllership and actuarial staff to ensure appropriate GAAP and statutory accounting considerations are applied.
Collaborate with external auditors on all audit related deliverables, including following-up with business partners on coordination/submission of relevant support.
Perform technical accounting research where needed and ensure proper documentation and execution of related guidelines.
Provide support to SEC reporting team on quarter-end reporting deliverables.
Build and maintain strong internal controls over financial reporting, to a Model Audit Rule and SOX 404 standard.

EDUCATION, TRAINING, AND PROFESSIONAL EXPERIENCE

Bachelor’s degree required, degree in accounting preferred.
Ten (10) or more years of health or life insurance accounting experience required.
Three (3) or more years public accounting experience preferred
CPA experience preferred

PROFESSIONAL COMPETENCIES

Proven track record of leading GAAP and/or statutory accounting and reporting teams
Health insurance accounting knowledge and experience around IBNR and reinsurance principles
Investment accounting knowledge from a U.S. GAAP vs statutory perspective
Experience leading across a matrixed environment
Excellent written and oral presentation skills, with proven ability to present and explain complex information to diverse audiences
Strong ERP knowledge, preferably Oracle Cloud, and experience migrating subsidiary general ledger platforms to corporate ERP environment
Experience evaluating new or emerging trends and transferring knowledge to key stakeholders
Prior experience hiring and developing staff
Robust prioritization skills, with the ability to reprioritize and respond to urgent management

We’re Making Healthcare Right. Together.

We are realizing a completely different healthcare experience where payors, providers, doctors, and patients can all feel connected, aligned and unified on the same team. By eradicating the frictions of competing needs, we are making it possible to give everyone more of what they want and deserve. We do this by:

Focusing on Consumers
We understand patient pain points, eliminating complexity while increasing transparency, for greater access and easier navigation.

Building on Alignment
We integrate and align individual incentives at all levels, from financing to optimization to delivery of care.

Powered by Technology

We employ our purpose built, integrated data platform to connect clinical, financial, and social data, to deliver exceptional outcomes.

As an Equal Opportunity Employer, we welcome and employ a diverse employee group committed to meeting the needs of Bright Health, our consumers, and the communities we serve. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

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