What are the responsibilities and job description for the Lead, Administrative Expense Management position at Medical Mutual?
Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio. We provide peace of mind to more than 1.6 million Ohioans through our high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement, and individual plans.
Medical Mutual’ s status as a mutual company means we are owned by our policyholders, not stockholders, so we don’t answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us and help our members achieve their best possible health and quality of life.
Provides complex analysis and accurate and timely financial information.Generates management reports and interfaces with corporate departments where necessary.Works independently to solve problems, complete special projects, and conduct monthly activities.Acts as a best practice/quality resource for colleagues with less experience and guides others in resolving complex issues.Trains and mentors less experienced staff members.
Responsibilities
Education and Experience
Medical Mutual is looking to grow our team! We truly value and respect the talents and abilities of all of our employees. That's why we offer an exceptional package that includes:
Medical Mutual’s status as a mutual company means we are owned by our policyholders, not stockholders, so we don’t answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us.
There’s a good chance you already know many of our Medical Mutual customers. As the official insurer of everything you love, we are trusted by businesses and nonprofit organizations throughout Ohio to provide high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement and individual plans. Our plans provide peace of mind to more than 1.2 million Ohioans.
We’re not just one of the largest health insurance companies based in Ohio, we’re also the longest running. Founded in 1934, we’re proud of our rich history with the communities where we live and work.
We maintain a drug-free workplace and perform pre-employment substance abuse and nicotine testing.
Primary Location
US-OH-Brooklyn
Work Locations
Brooklyn
Job
7 - General Staff
Organization
Finance
Schedule
Regular
Shift
Standard
Employee Status
Individual Contributor
Job Type
Full-time
Job Level
Day Job
Job Posting
Mar 17, 2025, 2:22:51 PM
Medical Mutual’ s status as a mutual company means we are owned by our policyholders, not stockholders, so we don’t answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us and help our members achieve their best possible health and quality of life.
Provides complex analysis and accurate and timely financial information.Generates management reports and interfaces with corporate departments where necessary.Works independently to solve problems, complete special projects, and conduct monthly activities.Acts as a best practice/quality resource for colleagues with less experience and guides others in resolving complex issues.Trains and mentors less experienced staff members.
Responsibilities
- Supports corporate departments, both within and outside of Finance, with generating forecasts and analyzing trends in various business areas.Duties also include compiling and reviewing the budgets for corporate departments, taking into consideration actual performance, previous expenditures, and estimated expenses and income.
- Analyzes income statements and prepares reports and recommendations to management.
- Performs various accounting duties including preparing journal entries and preparing account reconciliations.Duties could also involve maintaining accurate spending records and establishing measures for budgetary control.
- Performs complex research and studies as needed (examples include rates of return, depreciation, investments, and other areas as required).
- Creates financial models of "what if" scenarios for business planning decisions relative to new products, new territories, new projects, and other important aspects of the Company's business.
- Stays abreast of industry trends and developments in order to propose solutions to management regarding any related business or accounting ramifications.
- Supervisory interactions with others in order to coach, mentor, and provide guidance on daily activities.
- Works independently with guidance in only the most complex situations and is recognized as an expert in the area within the organization.Demonstrates an understanding of when matters need to be elevated to management.Proposes solutions when bringing matters to the attention of management.
- Performs other duties as assigned.
Education and Experience
- Bachelor’s degree with Accounting, Finance, or Business Administration major.
- 7years progressive accounting or finance experience.
- MBA or representative experience preferred.
- Certified Public Accountant (CPA) or equivalent preferred.
- Advanced MS Office skills, includingMS Access.
- Advanced knowledge of accounting rules and concepts and ability to apply the appropriate accounting standards to the relevant job duties.
- Advanced knowledge of rates of return, depreciation, investments, portfolio covariance analysis.
- Proficient in the use of other automated accounting systems and an ability to serve as a training resource to junior staff members relative to the relevant systems.
Medical Mutual is looking to grow our team! We truly value and respect the talents and abilities of all of our employees. That's why we offer an exceptional package that includes:
- We will provide the equipment you need for this role, including a laptop, monitors, keyboard, mouse and headset.
- Whether you are working remote or in the office, employees have access to on-site fitness centers at many locations, or a gym membership reimbursement when there is no Medical Mutual facility available. Enjoy the use of weights, cardio machines, locker rooms, classes and more.
- On-site cafeteria, serving hot breakfast and lunch, at the Brooklyn, OH headquarters.
- Discounts at many places in and around town, just for being a Medical Mutual team member.
- The opportunity to earn cash rewards for shopping with our customers.
- Business casual attire, including jeans.
- Employee bonus program.
- 401(k) with company match up to 4% and an additional company contribution.
- Health Savings Account with a company matching contribution.
- Excellent medical, dental, vision, life and disability insurance — insurance is what we do best, and we make affordable coverage for our team a priority.
- Access to an Employee Assistance Program, which includes professional counseling, personal and professional coaching, self-help resources and assistance with work/life benefits.
- Company holidays and up to 16 PTO days during the first year of employment with options to carry over unused PTO time.
- After 120 days of service, parental leave for eligible employees who become parents through maternity, paternity or adoption.
- Career development programs and classes.
- Mentoring and coaching to help you advance in your career.
- Tuition reimbursement up to $5,250 per year, the IRS maximum.
- Diverse, inclusive and welcoming culture with Business Resource Groups.
Medical Mutual’s status as a mutual company means we are owned by our policyholders, not stockholders, so we don’t answer to Wall Street analysts or pay dividends to investors. Instead, we focus on developing products and services that allow us to better serve our customers and the communities around us.
There’s a good chance you already know many of our Medical Mutual customers. As the official insurer of everything you love, we are trusted by businesses and nonprofit organizations throughout Ohio to provide high-quality health, life, disability, dental, vision and indemnity plans. We offer fully insured and self-funded group coverage, including stop loss, as well as Medicare Advantage, Medicare Supplement and individual plans. Our plans provide peace of mind to more than 1.2 million Ohioans.
We’re not just one of the largest health insurance companies based in Ohio, we’re also the longest running. Founded in 1934, we’re proud of our rich history with the communities where we live and work.
We maintain a drug-free workplace and perform pre-employment substance abuse and nicotine testing.
Primary Location
US-OH-Brooklyn
Work Locations
Brooklyn
Job
7 - General Staff
Organization
Finance
Schedule
Regular
Shift
Standard
Employee Status
Individual Contributor
Job Type
Full-time
Job Level
Day Job
Job Posting
Mar 17, 2025, 2:22:51 PM
Salary : $5,250
