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An exciting opportunity reporting into the Head of Claims, the successful candidate will be responsible for monitoring the performance of internal and TPA claims processing activities.
Responsibilities:
• Monitor the performance of internal and TPA claims processing activities, addressing issues or escalating to the HOC.
• Assist in defining KPIs to monitor TPA performance, supported by the business.
• Conduct due diligence on TPAs during onboarding to evaluate processing capabilities.
• Oversee operational onboarding and integration of TPAs into processes and systems.
• Perform ongoing audits to ensure TPA compliance with internal and contractual standards.
• Manage day-to-day engagement with TPAs to identify and mitigate performance issues.
• Participate in claim file reviews with the business and external audit partners.
• Support the Head of Claims in handling claims outside of Delegated Authority.
• Coordinate with reinsurer claims teams to ensure timely and accurate reporting.
• Prepare and attend quarterly TPA performance reviews, assessing KPIs, standards, audits, and client feedback.
• Ensure continuous improvement of claims activities in both operational and data quality aspects.
Key Duties:
• Conduct due diligence on TPAs during onboarding, including service offering, staff competency, operational capabilities, systems functionality, and data quality.
• Oversee the operational onboarding of TPAs, including process hand-offs, data delivery, monitoring processes, escalation procedures, reporting, and relationship management.
• Manage day-to-day activities, escalating issues that impact contractual or industry SLAs, and ensuring claims are processed efficiently and transparently.
• Support the Head of Claims with breach and complaint management.
• Collaborate with the Head of Claims, COO, Underwriters, Actuaries, and specialists to review TPA claims files regularly.
• Conduct and document TPA audits with staff and specialists.
• Assist with quarterly TPA performance reviews, measuring performance against KPIs, requirements, and client feedback.
• Coordinate with HOC and Compliance Officer for regular audits to ensure TPAs maintain industry standards.
• Proactively follow up on audit outcomes to ensure TPAs maintain agreed service standards.
• Provide claims-specific insights for MGA and reinsurer reports and meetings.
The Ideal Candidate:
• Practical experience managing claims, particularly with TPAs and specialist advisory companies.
• Experience in managing specialty insurance claims; other classes are a plus.
Required:
• Proven experience managing claims TPAs.
• Strong understanding of claims processes and performance indicators.
• Knowledge or experience in claims handling.
Desired:
• Experience using data to manage performance and identify improvement opportunities.
• Some experience in claims audits.
• Claims handling experience is advantageous.
• Exposure to underwriting management is beneficial.
TPA Manager
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