Third Party Administration Analyst

Where you’ll work:

Our flexible, hybrid work model offers the option to work remotely or in the office.

How you’ll contribute:

As a Third-Party Administration Analyst, you’ll be responsible for assisting in the execution of our governance and oversight functions of the Transition Services Agreement and management and oversight of our third-party administrative agreements.   The role has a primary function in receiving the transactional and operational source data and reconciling to volume forecasts, analyzing related actuals and projections by legal entity and product, and generating and maintaining reporting requirements for our Finance partners and Enterprise Operations and company senior leadership needs. 

In this role, you’ll get to:

• Manage monthly billing and governance process to adhere to contract specifications and financial parameters defined within Transition Services Agreement.
• Develop and maintain monthly forecasts and annual budgets for TSA and Enterprise Operations department.
• Prepare financial reports by downloading information from single or multiple sources; compile databases and formulate spreadsheets; interpret trends, analyze results and explain to both Business and Finance Management.
• Prepare month end close responsibilities in conjunction with Finance; include but not limited to monthly journal entries, GL reconciliations, data input for budget and monthly forecasts.
• Support finance and operations management as a key internal consulting resource for TPA expenses and transactional volumes.
• Exhibits and is recognized for financial expertise gained through a series of professional assignments and ongoing career development.
• Develop and maintain strong relationships with our internal and external Business Partners.
• Expand or modify existing processes to improve efficiency.
• Work on special projects and Ad-hoc analysis as needed.

We’re looking for people who have:

• Bachelor’s degree in business, Finance or Accounting.
• 0 to 3 + years’ experience with Financial Budgeting, Reporting & Analysis preferably in the insurance industry.
• Vendor Management experience preferred.
• The ability to identify and resolve issues independently.
• Working knowledge of accounting concepts, principles and practices.
• Experience with general ledgers (SAP), AO reporting tool and Cost Allocation a plus.
• Demonstrated financial and analytical skills and problem solving.
• Intermediate skills using MS Excel including advanced functions such as pivot tables, lookup and index match.
• Effective verbal and written communication skills.
• Sensitive to deadlines and strive to deliver quality information in a timely manner while handling multiple priorities.
• Business analytical abilities, attention to detail and organizational skills.
• The ability to coordinate/converse with Senior Level Management.
• Flexible, adaptable and ability to perform responsibilities in a demanding and fast paced environment.
• Work effectively individually as well as part of the team dynamic.
• Sound judgement, professionalism, and discretion.

Research shows some people may not apply for a role if they don’t check all the boxes of a job description. If you don’t check every box listed, that’s okay. We would love to hear from you.

What you’ll receive:

• Compensation –Base salary ranging from $50,000.00 to $55,000.00 plus competitive performance-based incentives determined by company and individual results.
• Flexible Work Environment –Work remotely or in the office to better thrive in all areas of life.
• Paid Time Off – Recharge with a minimum of 20 days of paid time off and 16 paid company holidays per calendar year plus paid volunteer time and paid study time.
• Financial Health – Work toward achieving your financial goals through our 401(k) savings plan with company match (up to 6%) and annual company nondiscretionary contribution (3%), 15% employee stock purchase plan discount, and financial counseling services.
• Health and Wellness – Enjoy competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family.
• Family Support –Care for loved ones with up to 16 weeks of paid leave for new parents, back-up dependent care, dependent care flexible spending account, and up to a $25,000 lifetime maximum during your adoption, infertility, or surrogacy journey.
• Life and Disability Support – Gain access to company-paid basic life insurance and short-term disability insurance.