Manager, Risk Financing and Analytics

Manager, Risk Financing And Analytics

McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve we care.

What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow's health today, we want to hear from you.

Position Summary: The Manager, Risk Financing and Analytics is a key member of McKesson's Risk Management team, responsible for optimizing the company's captive insurance strategy and advancing risk analytics capabilities. This role ensures compliance, cost efficiency, and strategic alignment of risk financing programs while leveraging data-driven insights to support decision-making.

Key Responsibilities

Captive Oversight:

• Support day-to-day operations of company-owned captives, including governance, compliance, audits, and financial reporting.
• In collaboration with captive managers and key stakeholders, develop and maintain business plans, underwriting guidelines, and investment policies for captives.
• Coordinate with captive managers, regulators, auditors, and captive boards to ensure adherence to domicile requirements.
• Maintain accurate documentation and prepare reports and material for management, executive committee, and board meetings.

Risk Financing & Insurance Programs:

• Support captive placements, including setting captive policy pricing, managing collateral requirements, capacity limits, policy drafting, issuance, and invoicing.
• Administer enterprise-wide TCOR budgeting and cost allocation for commercial and captive premiums.

Analytics & Reporting:

• Enhance department's in-house data analytics capabilities through broader adoption of RMIS system and other available data sources.
• Develop forecast and reporting tools to administer existing captives' business and monitor key performance metrics of captive operations.
• Deliver actionable insights and dashboards for senior leadership and captive boards.
• Manage RMIS system (Admin) including user access, training, and system functionality.
• Lead RMIS data management, ensuring data accuracy and completeness.
• Develop dashboards and reports for captive support, claims trends, and key risk indicators.
• Identify opportunities to automate workflows and improve RMIS data quality.
• Collaborate with RMIS vendor to implement enhancements.

Strategic Initiatives:

• Collaborate with internal stakeholders and external partners to identify new opportunities for captive utilization.
• Support M&A due diligence, integration, and divestitures needs.
• Promote a positive environment of collaboration and excellent stakeholder support.

Other duties, as assigned.

Minimum Requirement - Degree or equivalent and typically requires 7+ years of relevant experience.

Critical Skills

• 7 years of progressive experience in the insurance industry, including actuarial, captive, brokerage, underwriting, and consulting roles, with a strong background supporting insurance, captives, and risk management programs.
• Solid grasp of financial statements and insurance/reinsurance/risk pooling principles.
• Proficiency with a Risk Management Information system.
• Experience in data management, validation, analysis, and data-based decision making.
• Strong project management skills with ability to manage multiple competing priorities.
• Adaptable to a changing and dynamic environment.
• Motivated and customer-oriented self-starter with strong interpersonal skills.
• Effective communicator (both verbal and written) with ability to direct, influence and motivate others, maintaining a persuasive and credible presentation style at all levels of the organization.

Working Conditions:

• Hybrid office environment.
• Accommodation to different time zones in continental US.
• Travel up to 5%, domestic and international.

Education/Training Bachelor's degree from an accredited institution with a strong preference in Risk Management, Finance or other applicable field. MBA a plus. Candidate must be authorized to work in the U.S, now or in the future, without the support from McKesson.

We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please click here.

Our Base Pay Range for this position $99,800 - $166,300

McKesson is an Equal Opportunity Employer McKesson provides equal employment opportunities to applicants and employees and is committed to a diverse and inclusive environment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age or genetic information. For additional information on McKesson's full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

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