SUMMARY Enterprise Risk Management facilitates the identification, management, mitigation and monitoring of top risks across the enterprise. The ERM Analyst supports the department in these efforts in the following ways: developing dashboards and metrics which are reported to senior leadership and board committees; assisting in stress testing, scenario modeling, and financial analysis for the enterprise; playing a key role in the creation of rating and regulatory filings which summarize risk, solvency and financial performance; supports monthly financial reporting and annual capital planning processes ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned. * Produce routine risk and financial reporting for senior leadership and board committees. * Assist in quantification of risk exposure and development of robust scenarios for stress testing and financial analysis. * Conduct analysis to identify and assess internal and external emerging risks. * Assist with financial assessment and monitoring activities for priority enterprise risks and annual risk refresh process; Develop new reporting templates, dashboards and documentation for new processes. * Act as a subject matter expert for MetricStream, the enterprise's governance, risk management and compliance system used to monitor and report on risks throughout the enterprise. * Use Oracle Enterprise Resource Planning platform to report and analyze variances to financial performance. * Provide support for designated department and corporate efforts. EDUCATION AND EXPERIENCE * Bachelor's Degree in Finance, Business, Mathematics or related field required. * Four (4) years of related experience in Finance, Actuarial, Risk Management or Business field. Risk exposure quantification and scenario modeling experience preferred. * Healthcare, finance, ERM or insurance experience preferred. QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. OTHER SKILLS AND ABILITIES * Broad knowledge of BCBSM business, history, goals and organizational structure. Knowledge and understanding of financial and actuarial concepts. * Ability to work effectively in a team environment with tight deadlines and build cross-functional relationships. * Ability to develop and quantify risk exposures, design appropriate risk scenarios and stress tests. Ability to produce timely, accurate and effective reports. * Excellent analytical, organizational, planning and written/verbal communication skills. * Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Access) and PC flowcharting tools. * Proficiency with Oracle ERP platform (Hyperion/EPBCS/SM) for financial analysis. * Other related skills and/or abilities may be required to perform this job. ADDITIONAL INFORMATION The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description does not constitute a contract for employment. All qualified applicants will receive consideration for employment without regard to, among other grounds, race, color, religion, sex, national origin, sexual orientation, age, gender identity, protected veteran status or status as an individual with a disability.
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