Full-Time

Head of TPA Partnerships

Confirmed live in the last 24 hours

ParetoHealth

ParetoHealth

51-200 employees

Self-insured employee health benefits solutions

Consulting
Healthcare

Senior, Expert

Remote in USA

Category
Strategy Development
Business Development
Business & Strategy
Required Skills
Sales
Requirements
  • 8-10+ years of TPA or plan administration experience, preferably in a Health Benefits environment with a wide range of experience with consultants and stop-loss carriers
  • Excellent professional customer service skills with a high level of customer focus, motivation, teamwork orientation, and demonstrated follow-through
  • Ability to multi-task in a fast-paced environment with excellent prioritization, communication, problem solving and time-management skills
  • Demonstrated expertise and success driving operational excellence and executing process improvement within a fast-paced, changing business setting; includes creating/enhancing metrics, delivering timely updates, and achieving targeted outcomes
  • Availability to travel up to 25% of time with frequent travel to Pareto HQ in Philadelphia, as well as domestic travel to clients /broker partners/TPAs
Responsibilities
  • Develop and own our TPA partnership strategy including management of existing partnerships, vetting / launching new partnerships and serving as Pareto’s TPA SME
  • Oversee all aspects of our existing TPA partnerships including contracting, relationship management, joint sales / growth initiatives and development of accountability scorecards
  • Establish 'rules of engagement' for partner organizations through an accountability framework that measures operational excellence, growth and retention
  • Serve as conduit and facilitator between TPA partners, Pareto teams (sales, account management, underwriting) and stop-loss partners
  • Identify, evaluate and contract with new TPA partners that align with Pareto’s macro growth strategy
  • Navigate and develop relationships with key stakeholders and executives at partner TPAs to drive commitment and engagement
  • Utilize your expertise and influence to assist and resolve escalations from internal and external stakeholders
  • Serve as the subject matter expert: stay abreast of TPA landscape, M&A activity, channel conflicts, and provide competitive intelligence back to Pareto leadership on market dynamics

ParetoHealth offers employee health benefits solutions for small and medium-sized businesses through a self-insured model, allowing companies to directly cover their employees' health claims. Their main product is the "benefits captive" program, where multiple companies share the financial risks of health claims, helping to manage costs effectively. Unlike traditional insurance, ParetoHealth uses data-driven intelligence to monitor health plan usage and control claims costs, ensuring employees receive quality care at competitive prices. The company's goal is to provide a comprehensive health benefits solution while fostering a culture of diversity, equity, and inclusion.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$522.1K

Headquarters

Philadelphia, Pennsylvania

Founded

2011

Growth & Insights
Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Significant investment from Warburg Pincus and Great Hill Partners positions ParetoHealth for accelerated growth and market expansion.
  • The appointment of experienced leaders like Christine Lui Chen and Maeve O'Meara indicates strong leadership and strategic direction.
  • Achieving a milestone of 2,000 employers in their captive program demonstrates robust market acceptance and scalability.

What critics are saying

  • The complexity of managing a self-insured model and benefits captive program may pose operational challenges and require continuous innovation.
  • Dependence on the success of their data-driven intelligence system to manage claims costs could be a vulnerability if the system fails or underperforms.

What makes ParetoHealth unique

  • ParetoHealth's self-insured model and benefits captive program offer SMEs a unique way to manage and mitigate health benefit costs, unlike traditional insurance models.
  • Their data-driven intelligence system proactively manages claims costs, ensuring high-quality care at the best possible price, setting them apart from competitors.
  • ParetoHealth's commitment to DEI fosters a diverse and inclusive workforce, driving innovation and excellence in their services.

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