Sr. Finance Business Partner - FP&A

Why Wellmark

We are a mutual insurance company owned by our policy holders across Iowa and South Dakota, and we’ve built our reputation on over 80 years’ worth of trust. We are not motivated by profits. We are motivated by the well-being of our friends, family, and neighbors–our members. If you’re passionate about joining an organization working hard to put its members first, to provide best-in-class service, and one that is committed to sustainability and innovation, consider applying today!

Learn more about our unique benefit offerings here.

Want to know more? You can learn about life at Wellmark here.

Responsible for shaping financial decisions at the leadership and executive level through rigorous analysis, complex financial modeling, and consultative partnership. Expected to own financial narratives, independently evaluate and validate business cases, and influence outcomes that impact the entire operating margin of the organization. Accountable for challenging assumptions, surfacing risks, and framing tradeoffs, particularly related to administrative expense and enterprise investments. Recognized by business leaders as a trusted advisor and thought partner, capable of leading critical financial conversations and driving alignment between strategy, execution, and financial performance.

Plays a critical part in shaping enterprise strategy by ensuring decisions are grounded in data, value creation, and measurable business drivers, enabling leadership to allocate resources effectively and achieve financial and operational goals.

Required
:

• Bachelor’s degree in finance, accounting, economics, or related fields.
• Minimum of 7 years of progressive FP&A, corporate finance, or related experience with demonstrated experience in zero-based budgeting and driver-based planning.
• Strong business acumen with experience validating business cases, ROI, and value realization.
• Strong knowledge of key financial measurements such as discounted cash flows, net present value, and ROI.
• Detail oriented and analytical mindset with proven ability to analyze data and translate it into strategic recommendations.
• Strategic problem-solving and critical thinking skills with solution-oriented mindset.
• Strong executive presence and experience working with senior leadership.
• Advanced Excel skills and financial modeling experience which includes experience with FP&A / ERP / BI tools (e.g., Adaptive, Anaplan, Hyperion, Power BI, Tableau, SAP, Oracle, or similar).
• Ability to manage multiple priorities in a fast-paced environment. Flexible and adaptable to changing priorities.

Preferred
:

• MBA, CPA, or CFA.
• Experience in transformation, cost optimization, or performance improvement initiatives.
• Exposure to value tracking frameworks or benefits realization methodologies.
• Prior experience in Business, Financial Services, or Insurance industry.
• Experience with Workday, Adaptive, or other data analysis and visualization tools.

Job Responsibilities

• Leads financial planning and analysis with a full operating margin lens, not limited to a single cost center or function. Focus ranges from current year budget and forecast creation to multi-year impact using driver-based and zero-based budget methodologies. Proactively identifies margin risks and opportunities, especially within administrative spending, and brings forward data backed recommendations. Anticipates second and third order impacts of decisions across the enterprise.
• Serves as a trusted advisor to senior leaders, including decisions through financial modeling scenario planning and performance insights. Leads candid, respectful, and data driven conversations that challenge requests and assumptions when needed. Balances strong partnership with financial discipline and enterprise accountability. Presents confidently to senior leadership and executive teams, crafting clear, executive ready financial narratives that clarify tradeoffs and decisions.
• Leads the organization’s zero-based and driver-based budgeting approach in close partnership with business leaders. Designs, maintains, and evolves a driver-based budgeting methodology that strengthens…