Susan Burchiel

CFO for Sutter Medicare Direct, Sutter Insurance Services & Sutter Health Plan Products Org @Sutter Health

Accounting Director, Risk Finance (9/2011 – 3/2017) Insurance Accounting Manager (9/2006 – 9/2011)* Oversee monthly close, financial reporting, IBNR analysis, investment/cash management, forecast, regulatory filings, tax returns, external & internal audits & internal controls with lean department of 5 accounting & analyst professionals. Present financial plan performance to executives.* Oversee all financial aspects of insurance captive, with exposures including Medical Malpractice, Worker’s Compensation, Crime, General Liability, Cyber, Directors & Officers & Employment Practice Liability. Present financials & other matters at quarterly board meetings.* Oversee preparation & audits of 16 Retirement & Pension Plan financial statements (Defined Benefit Pension, 403(b), 401(k), 401(a)), including Form 5500 Returns for Employee Health & Welfare Plans, & consult financial reporting requirements for System financials. Also, responsible for valuation reporting on alternative investments. Reported audit results to board committees.* Developed department from “scratch” for Sutter Health’s Self-Insurance Plans including Employee Health, Employee Assistance & Wellness Programs. Developed automated journal entries & reporting for maximum efficiency & accuracy. Developed rate models, including those to maximize returns in decision making of reinsurance policies. In addition, developed accounting system for Sutter Health’s external health plan regulated by California Department of Managed Health Care.* Lead or participate in system-wide committees including Employee Health, Health Care Reform, Retirement Plans, Service Excellence, Leadership Development & Employee Morale/Teambuilding.