1. Strategic Partner: Achievement of the organization's mission and goals by working in close partnership with the organization leader, faculty, staff, students and service providers to develop and implement the organization's strategy. Understands and monitors external and internal factors influencing the organization's mission and goals. Plans for financial and non-financial resources required for the organization to achieve its goals. Supports organization and program leaders in conceptualizing, prioritizing, and planning new programs or program changes. Supports, and when necessary drives, the organization's process for strategic planning with key faculty and staff. 2. University Citizen: Connects the organization and the University through communication, alignment of priorities, implementation of initiatives, and active engagement in organization or University administrative priorities. Effectively represents organization needs, challenges, and opportunities at the University level. Proactively shares knowledge and best practices with others. 3. Financial Analyst and Advisor: Provides comprehensive financial information, analysis and advice to optimize use of the organization's financial resources. Creates and updates long range financial plan(s), reflecting all critical issues. Identifies available financial resources (current and future), and advises and deploys efficiently to best support organization objectives. Prepares all-funds budgets, analyzes financial activities and performance against budget, makes adjustments and takes action as needed. 4. Risk Management Administrator: Implements and maintains strong internal controls to provide reasonable assurance of effective and appropriate resource use, accurate financial information, adherence to contractual obligations and agreements, policies, procedures, and external regulatory requirements. Identifies, communicates, addresses and escalates risks in a timely and appropriate manner to protect the assets, resources, information and reputation of the organization and the University. Ensures all faculty and staff understand the regulations and Yale requirements as they pertain to their scope of activity. 5. Talent Manager and Developer: Ensures the organization employs effective practices for retaining, attracting and developing talent in line with University guidelines and contractual agreements. Ensures that all organization staff participate in the University's performance management and career development processes. Ensures the needs of the organization's current and future talent are assessed periodically and that issues are addressed, facilitating the movement of talent where appropriate and developing Business Operations staff. Cultivates a diversity of backgrounds and perspectives in the organization. Assures that the organization follows appropriate School and University policies and procedures related to Human Resources. 6. Administrative Services Leader: Ensures efficient and effective completion of all administrative and financial services provided to the organization. Ensures high quality delivery of administrative services by providers outside the organization, including human resources, information technology, procurement, student services, post-doctoral affairs and faculty affairs. Establishes, monitors, and meets or exceeds targets for operational excellence. Identifies and implements opportunities to achieve continuous improvement of processes. Responsible for building and managing a team of high-performance administrative and financial professionals. 7. May perform other duties as assigned.
Required Skill/ability 1: Broad view of the health plan ecosystem. Demonstrated industry expertise in managed care with broad knowledge of insurance function and program building. Extensive working knowledge of utilization management, provider contracting, and the health insurance business.
Required Skill/ability 2: Demonstrated executive level expertise leading financial programs within a managed care setting, preferably with contracting and rate setting within contracted networks. Proven ability to negotiate skillfully with both internal and external constituents.
Required Skill/ability 3: Well-developed managerial, decision-making, planning, organizational, problem-resolution and leadership skills. Demonstrated ability managing people in a matrix environment and inspire a high level of commitment and performance. Strong collaboration skills to work with internal teams to effectively understand issues and mitigate risks accordingly.
Required Skill/ability 4: Excellent written, oral communication and presentation skills. Ability to adapt communication style to address the needs of individuals and cultivate relationships at all levels throughout the University. Ability to collaborate effectively with clinical and operational leadership, management and staff at all levels.
Required Skill/ability 5: Demonstrated knowledge of the payor side of managed care, financial and IT industry trends and requirements for healthcare organizations. Demonstrated ability leading transformational projects. Visionary with ability to influence. Ability to generate a strategic vision and to influence people to achieve this vision.
Preferred Education: Bachelor's degree in accounting or finance required, Master's Degree strongly preferred. 15+ years' experience in health insurance finance and related roles; 10+ years of executive leadership experience; Business Development experience strongly preferred.
Work Week: Standard (M-F equal number of hours per day)
Posting Position Title: Lead Administrator 4
University Job Title: Head of Finance and Business Strategy
Preferred Education, Experience and Skills: Bachelor's degree in accounting or finance required, Master's Degree strongly preferred. 15+ years' experience in health insurance finance and related roles; 10+ years of executive leadership experience; Business Development experience strongly preferred.
Minimum of a bachelor's degree and ten years progressively responsible experience 5 of which are in a leadership role; or equivalent combination of education and experience. Demonstrated fiscal responsibility and comprehensive knowledge of accounting, financial reporting and analysis. Demonstrated experience with complex strategic planning and resource allocation. Demonstrated experience in managing relationships and influencing outcomes. Demonstrated creativity and effectiveness in a complex organization. Demonstrated success in developing people and organizations.
Yale University is an American private Ivy League research university located in New Haven, Connecticut. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States.