Senior Financial Planning Analyst 🔍 Philadelphia, Pennsylvania 📁 Accounting & Finance 📅    Apr 17, 2026 Post Date 📅    260473 Requisition # Apply for Job Share this Job Sign Up for Job Alerts Bring your drive for excellence, team orientation, and customer commitment to Independence; help us renew and reimagine our business and shape the future of health care. Our organization is looking to diversify, grow, innovate, and serve, and we are looking for committed, empowered, learning-oriented people to join our team. We are seeking a strategic and detail-oriented Senior Financial Planning Analyst to lead critical expense allocation processes, deliver actionable insights, and support key financial initiatives across the organization. Administrative Expense Allocations Lead the end-to-end process of allocating administrative expenses across segments and lines of business. Ensure accuracy, transparency, and consistency in allocation methodologies. Partner with business units to validate allocation drivers and assumptions. Analyze allocated expense results to identify trends, variances, and opportunities for cost optimization. Develop and deliver insightful reporting packages for senior management, highlighting key drivers and actionable insights. Support forecasting and budgeting processes with detailed expense analytics. Effectively communicate expense impacts and changes to FP&A leadership. Federal Employee Program (FEP) Expense Management Own the tracking, analysis, and reporting of all expenses related to the Federal Employee Program line of business. Collaborate with operational and compliance teams to ensure expenses align with program guidelines and expectations. Provide financial support for strategic initiatives and submissions related to FEP. Medical Loss Ratio (MLR) Quality Improvement (QI) Allocation Manage the MLR QI allocation process, ensuring compliance with program guidelines and internal policies. Coordinate with actuarial, accounting, and operational teams to validate allocation inputs and outputs. Maintain documentation and audit trails for all MLR QI-related financial activities. Audit Support Serve as the primary FP&A contact for all audit activities, including FEP, CMS, Insurance Department, and all other financial audits. Prepare and review audit documentation, respond to auditor inquiries, and ensure timely resolution of audit recommendations. Maintain strong internal controls and support continuous improvement in audit readiness. Qualifications -

External Required:

Bachelor's degree in Finance, Accounting, or related field; 6+ years of FP&A or financial analysis experience. Advanced Excel skills (pivot tables, complex formulas, data modeling, automation). Strong analytical and problem-solving abilities; experience with expense allocations and financial reporting. Proven track record in process management and improvement . Excellent communication skills and ability to work cross-functionally. Experience supporting financial audits.

Preferred:

Experience with Oracle EPM or similar financial planning systems. Knowledge of healthcare finance and MLR regulations Independence has implemented a "Hybrid" model which consists of Associates working in the office 3 days a week (Tuesday, Wednesday & Thursday) and remotely 2 days a week (Monday & Friday). This role is designated as a role that fits into the "Hybrid" model. While associates may work remotely on our designated remote days, the work must be performed in the Tri-State Area of Delaware, New Jersey or Pennsylvania IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability. Must have an Android or iOS device which is compatible with the free Microsoft Authenticator app. Inclusion and Belonging At IBX, everyone can feel valued, supported, and comfortable to be themselves, and all associates have a fair opportunity to achieve their full potential. We put these principles into action every day by acting with integrity and respect. Celebrating and embracing diverse thoughts and perspectives that make up our workforce means our company is more vibrant, innovative, and better able to support the people and communities we serve. About Our Company Serving more than 8 million people nationwide, including 2.5 million in southeastern Pennsylvania, Independence Health Group — together with its subsidiaries — is the leading health insurance organization in the Philadelphia region. Our mission to build healthier lives for you, your family, and your employees shapes our actions and decisions every day. At Independence, we see each of our members as an individual, with unique needs and concerns. We're dedicated to harnessing the very latest ideas and technologies to deliver access to care that meets those needs and surpasses your expectations. For more information about Independence access our website at www.ibx.com . We're revolutionizing health care, and our focus is on you! Equal Employment Opportunity IBX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their age, race, color, religion, sex, national origin, sexual orientation, protected veteran status, or disability. Agency Disclaimer All resumes submitted directly to an Independence Blue Cross employee from a vendor via email, the Internet or in any other form without a valid written search agreement in place for this position from the Independence Blue Cross Family of Companies Human Resources Department will be deemed the sole property of Independence Blue Cross and the Independence Blue Cross Family of Companies. Please note that no fee will be paid in the event the candidate is hired by Independence Blue Cross or the Independence Blue Cross Family of Companies as a result of the referral or through means other than our established process. Current Associates Applying for a position? Click here to return to the internal career site. Current Associates My Profile Create and manage profiles for future opportunities, and review prior submissions. Go to Profile Similar Listings Financial Systems Analyst  Philadelphia, Pennsylvania 📁 Accounting & Finance 📅

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