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Mitch Insero, Cpa profile image

Mitch Insero, Cpa

Chief Financial Officer at Updike, Kelly & Spellacy, P.C.
Intro Book
Mitch Insero, CPA, is a seasoned finance professional with expertise in external audit, financial accounting, tax, and financial reporting, holding various leadership positions in companies like Cigna and Updike, Kelly & Spellacy, P.C.
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Location
Glastonbury, Connecticut, United States, US
Skills
  • External Audit
  • Financial Accounting
  • Tax
  • Gaap
  • Accounting
  • Show all
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Bio

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Mitch Insero, CPA As a seasoned finance leader, Mitch Insero brings a wealth of expertise in external audit, financial accounting, and tax, with a strong foundation in GAAP and US GAAP. His experience spans over 6 years at Cigna, where he led financial analysis, pricing, and negotiation strategy for orthopedic surgery affordability programs. Notably, he developed revamped financial models, streamlined processes, and eliminated manual work, resulting in significant efficiency gains. Mitch's expertise also includes financial planning and analysis, business transformation, and cost management, with a proven track record of driving value creation and process improvements.

Credentials

  • Certified Public Accountant
    Connecticut State Board of Accountancy

Experience

  • Updike, Kelly & Spellacy, P.C.
    • Chief Financial Officer
      • May 2024 - Present

  • Cigna
    • United States
    • Hospitals and Health Care
    • 700 & Above Employee
    • Business Transformation Finance Team
      • Jan 2022 - May 2024

      • Analyzes cost structure of the enterprise with a focus on products, services, and businesses that cross multiple functional areas• Collaborates with business transformation team to evaluate innovation and efficiency opportunities• Develops financial models to evaluate investments and returns associated with potential initiatives and influence prioritization of investments• Develops strong partnerships with business finance officers and controllers to develop cost assumptions, leverage new data sources, and incorporate investments and cost savings associated with initiatives into business plans• Influences the future state of operating cost management including activity based approaches to evaluate the success of products and services.• Creates framework for tracking the value create with a focus on medium and long-term initiatives

    • Financial Development Program
      • Mar 2018 - May 2024

      Cigna's Financial Development Program is a unique rotational leadership program designed to build a financial foundation for individuals aspiring to be leaders in a health service company.

    • Specialty Network Strategy
      • Oct 2019 - Dec 2021

      • Lead financial analysis, pricing, and negotiation strategy for an orthopedic surgery affordability program. collaborated with local market leadership, contractors, and economic teams to assist with the roll out of the program.• Developed revamped financial model, pricing and opportunity tools for affordability programs that have created an efficient streamlined process for assessing market providers and negotiating contracts.• Partnered with local market teams and leveraged advanced analytics to enable them to identify and prioritize their opportunities through a multi‐year‐roadmap.

    • Financial Planning & Analysis
      • Mar 2018 - Oct 2019

      • Consolidation and analysis of the U.S. Commercial product expense projections. Development of commentary of projection changes. Monthly monitoring of risks and opportunities to previous projections. Preparation of annual operating expense targets for senior leadership teams.• Eliminated approximately 10-12 hours of monthly manual work through streamlining and automating processes.• Lead the transition to a new reporting software. Developed processes to limit manual intervention and eliminate the need for technical help from outside of the group.

  • CT Realty Investors, LLC
    • Owner
      • Jun 2015 - Jan 2020

      Multifamily Rental Real Estate

  • CohnReznick LLP
    • Hartford, Connecticut Area
    • Business Advisor
      • Oct 2010 - Feb 2018
      • Hartford, Connecticut Area

      Forensic Accounting & Dispute Resolution Services, and Bankruptcy & Restructuring Services.

  • Kostin, Ruffkess & Company, LLC
    • Farmington, CT
    • Associate Accountant
      • Oct 2010 - Oct 2011
      • Farmington, CT

      Business Advisors and Certified Public Accountants. Kostin has combined with CohnReznick in 2011.

  • Kostin, Ruffkess & Company, LLC
    • Intern
      • Jan 2009 - Apr 2010

      Business Advisors and Certified Public Accountants

Education

  • 2006 - 2010
    The University of Connecticut School of Business
    B.S., Accounting

Suggested Services

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Industry Focus. “Accounting and Auditing”

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