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TPA Management Specialist

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Arch Insurance Group Inc.
Full Time position
Listed on 2026-06-07
Job specializations:
  • Finance & Banking
    Financial Analyst, Risk Manager/Analyst
  • Business
    Financial Analyst, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 100000 - 120000 USD Yearly USD 100000.00 120000.00 YEAR
Job Description & How to Apply Below

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
Compensation and Benefits

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.  to learn more on available benefits.
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