| Location | Minnetonka, MN |
| Salary | $88,800–$133,245 Per Year |
Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for.
Were a team that owns our work with accountability, makes data-driven decisions, embraces continuous learning, and celebrates collaboration - because success is a team sport. Its our mission to be there in the moments that matter most for our members and employees. Join us in creating a community of connected care, where coordinated, quality service is the norm and every member feels valued.
The Sr. Financial Analyst serves as an advanced analytical expert responsible for leading complex financial modeling, forecasting, and performance analysis that directly influence business decisions and organizational strategy. The role applies deep subject matter expertise to interpret financial results, assess trends, develop sophisticated models, and provide guidance to other analysts on best practices and analytical techniques. Operating with substantial independence, the Finance Analyst IV drives continuous improvement in financial processes, enhances reporting frameworks, and shapes decision‑support capabilities across the organization. The position also contributes significantly to functional outcomes by delivering high‑impact insights, refining methodologies, and supporting cross‑functional partners in achieving unit goals. Performs other duties as assigned.
Key Accountabilities
Lead Advanced Financial Modeling & Decision-Support Analysis
Build, refine, and optimize complex financial models that support forecasting, scenario analysis, and strategic planning
Analyze financial performance trends and variances, synthesizing findings into insights that inform senior leadership decisions
Recommend actions to improve financial outcomes, mitigate risks, or capitalize on emerging opportunities
Ensure modeling assumptions, methods, and outputs meet high standards for accuracy, transparency, and rigor
Direct Forecasting, Budgeting, & Multi-Period Financial Planning
Lead development of multi‑year forecasts and annual budgets by coordinating assumptions, validating inputs, and integrating cross‑functional information
Assess risks and opportunities within budget and forecast submissions, providing guidance to teams on model structure and analytical approach
Conduct sensitivity analyses and scenario evaluations to highlight potential impacts of economic, operational, or strategic changes
Present financial projections and drivers to leadership in clear, actionable formats
Monitor Financial Performance & Enhance Reporting Frameworks
Oversee advanced reporting and analytical tools that track financial performance, key metrics, and variances against plan
Identify trends, anomalies, or emerging issues in financial results, and recommend methodologies to improve visibility and accuracy
Standardize and enhance dashboards, scorecards, and reporting templates to support consistency and decision quality
Evaluate reporting processes and propose changes that reduce manual effort and increase analytical value
Provide Technical Guidance & Analytical Leadership to Peers
Serve as a subject matter expert by mentoring less experienced analysts on financial modeling, analysis techniques, and best‑practice methodologies
Review and provide feedback on financial analyses, ensuring completeness, accuracy, and alignment with organizational standards
Guide team members on how to structure analyses, validate data, and interpret results for stakeholders
Contribute to developing team processes, templates, and tools that improve analytical quality and efficiency
Drive Process Improvement & Cross-Functional Collaboration
Identify opportunities to improve financial workflows, modeling processes, or reporting systems, and propose solutions that enhance efficiency and value
Collaborate with partners in Actuary, Operations, Product, and other departments to ensure alignment on assumptions and financial impacts
Translate complex financial concepts for non‑finance partners, enabling stronger decision‑making and shared understanding of financial drivers
Lead analytical components of cross‑functional initiatives, ensuring financial insights are integrated into planning and execution
Required Qualifications
Preferred Qualifications
This position is an Office role, which requires an employee to work onsite at our Minnetonka, MN office, on average, 3 days per week.
The full salary grade for this position is $88,800 - $152,300. While the full salary grade is provided, the typical hiring salary range for this role is expected to be between $88,800 - $133,245. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the positions scope and responsibility, internal pay equity and external market salary data. In addition to compensation, Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.
The compensation and benefits information is provided as of the date of this posting. Medica's compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.
Eligibility to work in the US: Medica does not offer work visa sponsorship for this role. All candidates must be legally authorized to work in the United States at the time of application. Employment is contingent on verification of identity and eligibility to work in the United States.
We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.