Role Purpose
The Third-Party Fund Administrator (TPA) will oversee the management and administration of funded schemes. This role ensures efficient utilization, accurate reporting, and proper allocation of funds, while maintaining strong relationships with clients and healthcare providers. The role will also play a key role in underwriting processes to minimize risks and ensure compliance with regulatory requirements.
Key Responsibilities
Strategy
I. Develop and implement strategies to optimize the utilization of medical insurance funds.
II. Forecast fund requirements based on claims trends, risk assessments, and actuarial insights.
III. Collaborate with underwriting & actuarial teams to design pricing models and policies that align with strategic objectives.
IV. Identify potential risks related to fund mismanagement, fraud, or over-utilization and propose mitigation strategies.
V. Provide insights on industry trends and emerging practices in fund administration to enhance competitive advantage.
VI. Align fund management strategies with client needs, company objectives, and regulatory frameworks.
VII. Lead initiatives to strengthen relationships with key stakeholders, including insurers, healthcare providers, and corporate clients.
