About Blue Cross and Blue Shield of Minnesota

At Blue Cross and Blue Shield of Minnesota we are committed to paving the way for everyone to achieve their healthiest life. We are looking for dedicated and motivated individuals who share our vision of transforming healthcare. As a Blue Cross associate you are joining a culture that is built on values of succeeding together finding a better way and doing the right thing. If you are ready to make a difference join us.

The Impact You Will Have

The Vice President of Treasury and Chief Investment Officer (VP T&CIO) is a senior finance leader responsible for the strategic oversight of treasury operations investment management and enterprise financial risk. Reporting to the CFO & SVP for Finance this role provides enterprise-wide leadership for liquidity management investment performance risk mitigation and capital structure optimization.

The VP T&CIO oversees significant annual cash flows and investment assets and serves as a key advisor to executive leadership and board on financial strategy risk-based capital (RBC) and long-term financial sustainability.

This role will impact:

Stewardship of multi-billion-dollar cash flows and investment portfolios
Strategic leadership of treasury investments pension assets and risk management
Board-level reporting to corporate and subsidiary boards and committees
Leadership within Blue Cross Blue Shield Association finance and investment forums
Development of high-performing treasury and investment teams
Management of a $35M annual operating budget

Your Responsibilities

Treasury & Cash Management:
Lead enterprise cash flow strategy to optimize returns liquidity and risk
Oversee forecasting liquidity modeling and credit facilities
Manage banking and broker relationships
Annual cash flows exceed $5B

Investment Management:
Oversee portfolios exceeding $2B
Manage pension assets exceeding $185M and DC plan assets over $300M
Evaluate and oversee external investment managers
Present performance and recommendations to Board and Committees

Risk Management:
Lead enterprise financial risk mitigation
Oversee insurance programs and due diligence for new initiatives

Pension & Retirement Plans:
Oversee financial operations of DB and DC plans
Recommend investment and design changes as needed

Other:

Work closely with Controller & external Auditors to complete enterprise financial audits

Proactively highlight intra-year risks and present mitigation plans to CFO &SVP Finance

Strong understanding of tax strategies to optimize cashflow of investment

Required Skills and Experience

Accepting this vice president level position at BCBSMN requires signing an Agreement Regarding Non-Disclosure of Confidential Information and Non-Competition as a condition of employment.

10 years of finance experience
7 years of leadership experience
Expertise in treasury investments and risk management
Strong executive and board communication skills
High school diploma (or equivalency) and legal authorization to work in the U.S.

Preferred Skills and Experience

Bachelors degree in Finance or Business
MBA or equivalent
SEC Series 7 and 63
Certified Treasury Professional (CTP)

Role Designation

Anchored in Connection

Our hybrid approach is designed to balance flexibility with meaningful in-person connection and collaboration. We come together in the office two days each week most teams designate at least one anchor day to ensure team interaction. These in-person moments foster relationships creativity and alignment. The rest of the week you are empowered to work remote.

Compensation and Benefits

Pay is based on several factors which vary based on position including skills ability and knowledge the selected individual is bringing to the specific job.

We offer a comprehensive benefits package which may include:

• Medical dental and vision insurance

• Life insurance

• 401k

• Paid Time Off (PTO)

• Volunteer Paid Time Off (VPTO)

• And more

To discover more about what we have to offer please review our benefits page.

Equal Employment Opportunity Statement

At Blue Cross and Blue Shield of Minnesota we are committed to paving the way for everyone to achieve their healthiest life. Blue Cross of Minnesota is an Equal Opportunity Employer and maintains an Affirmative Action plan as required by Minnesota law applicable to state contractors. All qualified applications will receive consideration for employment without regard to and will not be discriminated against based on any legally protected characteristic.

Individuals with a disability who need a reasonable accommodation in order to apply please contact us at:

Blue Cross and Blue Shield of Minnesota and Blue Plus are nonprofit independent licensees of the Blue Cross and Blue Shield Association.