Director of Settlement Administration

2 days ago


Princeton, New Jersey, United States The O'Connor Group Full time
Job Title: Director of Settlement Administration

The Director of Settlement Administration is a key leadership role within The O'Connor Group, responsible for overseeing the Settlement Administration business unit. This position requires a strong understanding of financial reporting tools and systems, as well as experience working in the claims processing arena.

Key Responsibilities:
  • Develop and execute the long-term vision and strategic plan for the Settlement Administration business unit.
  • Ensure the achievement of revenue, gross margin, EBITDA, and net profit targets.
  • Optimize business processes, technology solutions, data, and customer experience to deliver competitive capabilities to clients.
  • Establish and enforce quantitative and qualitative metrics and standards to evaluate business efficiency and effectiveness.
  • Develop and deliver a high-quality range of services for settlement administration clients.
  • Maintain reliable core operations and processes for the settlement administration business.
  • Lead, train, and mentor the Settlement Administration team into a high-performing operating unit.
  • Manage contract lifecycle from negotiation to execution with clients, vendors, and strategic partners.
  • Collaborate with The O'Connor Group's Leadership Team in the development of key business strategies.
Requirements:
  • Master's degree in business (MBA) or related field preferred, or combination of bachelor's degree with related experience.
  • At least ten years of strong operational and leadership experience, leading business segments and people with full P&L responsibility.
  • Strong understanding of financial reporting tools and systems (P&L, Balance Sheet, Cashflow report).
  • Solid knowledge of IT systems, infrastructure, and data analysis.
  • Strong understanding of budgeting and business operations.
  • Experience working in the claims processing arena preferred.
  • Demonstrated proficiency in the following:
    • Excellent Communication
    • Strong Accountability
    • Creative Decision Making
    • Leadership
    • People Management
    • Strategic Thinking
    • Design, Planning, and Implementing Business Processes and Systems
    • Financial Management
    • Results Driven
    • Business Acumen
    • Information Technology
Benefits:

The O'Connor Group offers a comprehensive benefits package, including growth opportunities, comprehensive benefits, and a great corporate culture.



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