We are seeking a detail oriented and proactive TPA Specialist to join our team. The successful candidate will be responsible for overseeing assigned Third-Party-Administrators (TPAs) and their loss accounts, ensuring efficient and accurate processing of financial transactions and reports. This role requires strong analytical skills, excellent communication abilities, and a commitment to continuous improvement.
Major Duties and Responsibilities:
Manage and oversee assigned TPAs and their loss accounts, performing essential departmental activities such as analysis, verification, and payment of loss reimbursement invoicesReview prefunding requests from assigned TPAs, securing approval from the relevant Chubb business partners prior to fundingProcess payments in Accounts Payable / PeopleSoft, ensuring accuracy and timelinessAssess imprest amounts and take appropriate action, particularly in inactive accountsProvide support to fellow teammates on systems (internal & external), account reconciliations, & TPA issuesDeliver timely and accurate information to internal/external stakeholders, maintaining strong professional relationshipsEvaluate, enhance and implement department processes and procedures for continual improvementParticipate in clean-up and reconciliation efforts for historical accounts to ensure accuracy and completenessCompile and distribute departmental weekly and monthly reportsAssist with or participate in ad hoc requests and any other responsibilities or projects as assigned Proactively identify leakage prevention opportunities and develop techniques for leakage prevention if not already establishedBachelor’s degree in Risk Management or Business or related fieldOne to two years of Property/ Casualty insurance or finance experience is preferredProven experience in financial analysis, account managementSuperior analytical and problem solving skillsExcellent communication and interpersonal skillsAttention to detail and ability to analyze large amounts of dataStrong collaboration and relationship building skillsAbility to deliver quality work on tight deadlines, with strong organizational and priority setting skillsMust be a self-motivated learner that can work in a team environmentProficiency in Chubb systems, the Microsoft Suite (Word/Excel), Access databases and SharePointIf you do not already have one, you will be required to obtain an applicable resident or designated home state adjusters license and possibly additional state licensure.The pay range for the role is $62,200 to $105,800. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.