Executive Director, Third Party Administration and Partnership Management
Reinsurance Group Of America, Incorporated, Chesterfield, MO, United States
Position Overview
The Executive Director, Third Party Administration (TPA) and Partnership Management is responsible for the oversight, implementation and coordination of the Americas’ TPA and Partnership Framework and Ecosystem. This includes the design, implementation, and ongoing management of effective processes to select, onboard, manage, and monitor TPAs and strategic partners.
In this role, they will enable and act as a key resource, working with business stakeholders, in the proactive identification, development, and monitoring of RGA Americas’ TPA and Partnerships. A thorough understanding of Americas’ strategy and roadmap is required for proactive engagement with business units to ensure effective execution of TPAs and partnerships. Through experience in product management, relationship management, product life cycle management and execution, this role will guide and assist the respective business stakeholders with execution of partnership management.
This position will also work closely with RGA Corporate Functions including legal, risk management, procurement etc.
Responsibilities
Responsible for the implementation, and ongoing management of Americas’ TPA and Partnership Frameworks and Ecosystem
Closely working with the business stakeholders to proactively identify, development, and monitor Americas’ TPAs and partnerships.
Ensure the framework and processes are efficient, effective and in line with applicable regulations, Enterprise policies and standards, and strategic imperatives of the organization;
Working closely with the regional business leads to ensure best practices are followed in forming new partnerships and provide regular reporting updates on the status of all TPAs and partnerships
Collaborate with RGA operations and reporting, corporate functions across RGA such as legal, risk management and procurement e.g Aravo
Identify emerging trends and business opportunities to support regional strategies and support the business objectives
Network with clients, TPAs and partners as needed and in conjunction with business, to identify potential strategic partnership opportunities
Ensure and validate all required business case, partnership life cycle and due diligence requirements are met before onboarding new TPAs or partners
Manage initial engagement and triaging of business partners as defined in the Framework and Ecosystem
Leads and facilitates the processes to manage risks, including monitoring and reporting;
Support the valuation, negotiations, due diligence, presentation for a new partner as and when required
Conduct and present research on trends and different players in the region , working with other business stakeholders as needed
Requirements
Bachelor’s Degree in Business, Actuarial Science, Administration, Marketing or related degree or equivalent related work experience
10+ Years of life or health insurance/reinsurance experience
Advanced computer based technical skills, including MS Office applications. CRM and actuarial software skills preferred.
Expert understanding of the US Life insurance markets
Advanced skills in customer relationship management
Expert investigative, analytical and problem solving skills
Advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received to internal and external audiences
Expert ability to translate business needs and problems into viable solutions
Expert ability to liaise with individuals across a wide variety of operational, functional and technical disciplines
Expert persuasion and negotiation skills when working with internal/external customers to resolve issues/problems
Advanced ability to set goals and handle multiple tasks, clients, and projects simultaneously; ability to appropriately balance priorities, deadlines, and deliverables
Possess project management skills, including an ability to evaluate project objectives and scope for feasibility, understanding, scheduling and ensure projects meet budget and plan criteria.
Expert skills in customer relationship management and change management
Expert ability to implement organizational and/or departmental vision and goals that result in achievement
Expert ability to manage multiple projects and/or teams simultaneously
Expert ability to make timely and effective decisions
What you can expect from RGA
Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
Join the bright and creative minds of RGA, and experience vast, endless career potential.
Compensation Range $107,060.00 - $159,390.00 Annual
Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.
RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.
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In this role, they will enable and act as a key resource, working with business stakeholders, in the proactive identification, development, and monitoring of RGA Americas’ TPA and Partnerships. A thorough understanding of Americas’ strategy and roadmap is required for proactive engagement with business units to ensure effective execution of TPAs and partnerships. Through experience in product management, relationship management, product life cycle management and execution, this role will guide and assist the respective business stakeholders with execution of partnership management.
This position will also work closely with RGA Corporate Functions including legal, risk management, procurement etc.
Responsibilities
Responsible for the implementation, and ongoing management of Americas’ TPA and Partnership Frameworks and Ecosystem
Closely working with the business stakeholders to proactively identify, development, and monitor Americas’ TPAs and partnerships.
Ensure the framework and processes are efficient, effective and in line with applicable regulations, Enterprise policies and standards, and strategic imperatives of the organization;
Working closely with the regional business leads to ensure best practices are followed in forming new partnerships and provide regular reporting updates on the status of all TPAs and partnerships
Collaborate with RGA operations and reporting, corporate functions across RGA such as legal, risk management and procurement e.g Aravo
Identify emerging trends and business opportunities to support regional strategies and support the business objectives
Network with clients, TPAs and partners as needed and in conjunction with business, to identify potential strategic partnership opportunities
Ensure and validate all required business case, partnership life cycle and due diligence requirements are met before onboarding new TPAs or partners
Manage initial engagement and triaging of business partners as defined in the Framework and Ecosystem
Leads and facilitates the processes to manage risks, including monitoring and reporting;
Support the valuation, negotiations, due diligence, presentation for a new partner as and when required
Conduct and present research on trends and different players in the region , working with other business stakeholders as needed
Requirements
Bachelor’s Degree in Business, Actuarial Science, Administration, Marketing or related degree or equivalent related work experience
10+ Years of life or health insurance/reinsurance experience
Advanced computer based technical skills, including MS Office applications. CRM and actuarial software skills preferred.
Expert understanding of the US Life insurance markets
Advanced skills in customer relationship management
Expert investigative, analytical and problem solving skills
Advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received to internal and external audiences
Expert ability to translate business needs and problems into viable solutions
Expert ability to liaise with individuals across a wide variety of operational, functional and technical disciplines
Expert persuasion and negotiation skills when working with internal/external customers to resolve issues/problems
Advanced ability to set goals and handle multiple tasks, clients, and projects simultaneously; ability to appropriately balance priorities, deadlines, and deliverables
Possess project management skills, including an ability to evaluate project objectives and scope for feasibility, understanding, scheduling and ensure projects meet budget and plan criteria.
Expert skills in customer relationship management and change management
Expert ability to implement organizational and/or departmental vision and goals that result in achievement
Expert ability to manage multiple projects and/or teams simultaneously
Expert ability to make timely and effective decisions
What you can expect from RGA
Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
Join the bright and creative minds of RGA, and experience vast, endless career potential.
Compensation Range $107,060.00 - $159,390.00 Annual
Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.
RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.
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