Cost Containment Manager

QBE Insurance
Any Location, MA
Category Finance
Job Description
The Cost Containment Manager supports medical cost management across the A&H claims portfolio, focusing on high-dollar and complex claims, partnering with claims, underwriting, and vendors to identify savings opportunities, provide guidance on claim strategy, and maintain consistent cost containment practices.

Requirements

  • Review high-dollar and complex medical claims to identify cost drivers, savings opportunities, and appropriate review strategies
  • Provide experienced guidance to claims teams on bill review, clinical considerations, and cost containment approach on large and complex cases
  • Partner with claims and underwriting to support large loss review, risk assessment, and renewal insights tied to medical cost trends
  • Work closely with TPAs and external vendors to support strong claim and financial outcomes
  • Evaluate vendor performance on assigned claims and help ensure value is being realized from cost containment solutions
  • Monitor claim activity and emerging trends that may impact medical costs and identify opportunities for improved outcomes
  • Support consistent application of cost containment practices across the portfolio, particularly on high-exposure claims
  • Contribute to development and refinement of best practices, tools, and training that enhance overall cost management effectiveness
  • Stay current on market, regulatory, and clinical developments impacting medical costs and cost containment strategies
  • Deliver measurable impact through identification and execution of savings opportunities on complex and high-cost claims

Benefits

  • Hybrid Working
  • 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis
  • Competitive 401(k) program with company match up to 8%
  • Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice
  • Tuition Reimbursement for professional certifications, and continuing education
  • Employee Network and Community
  • Generous Paid Time Off
  • 401k Matching
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