TPA Management Specialist

Reposted 2 Days Ago
Be an Early Applicant
7 Locations
In-Office
100K-120K Annually
Senior level
Financial Services
The Role
Manage Third Party Administrator relationships, resolve performance issues, conduct due diligence, onboard new TPAs, and mentor new team members.
Summary Generated by Built In

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Responsibilities

  • Independently manage assigned Third Party Administrator (TPA) relationships
  • Address and resolve TPA performance issues in coordination with internal partners (Stat Reporting, Finance, Claims Finance, DQ, Claims IT, Underwriting, Claims, Legal)
  • Collaborate with internal partners to identify and address process gaps or potential efficiencies
  • Manage day to day issues and inquiries from our TPAs and internal partners
  • Complete comprehensive due diligence reviews of potential new TPAs
  • Complete multi-step onboarding process of new TPAs
  • Participate in projects as requested
  • Complete annual TPA reviews, PWC testing and other key initiatives for assigned TPAs
  • Mentor and train new team members
  • Other duties as assigned

Experience & Required Skills

  • Minimum 7 years Insurance Claims experience
  • Minimum 7 years TPA knowledge
  • Strong communication skills, both verbal and written
  • Demonstrated ability to effectively prioritize multiple responsibilities
  • Detail and results-oriented
  • Team oriented
  • Demonstrated ability to problem solve

Education

  • Bachelor’s degree

#LI-SW1

#LI-HYBRID

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$100,000 - $120,000/year

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

     

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.

Skills Required

  • Minimum 7 years Insurance Claims experience
  • Minimum 7 years TPA knowledge
  • Strong communication skills, both verbal and written
  • Demonstrated ability to effectively prioritize multiple responsibilities
  • Detail and results-oriented
  • Team oriented
  • Demonstrated ability to problem solve
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The Company
HQ: White Plains, NY
285 Employees
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital. ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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