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Compensation Advisor

3 months ago


Sydney, Australia Bupa Full time

**Posted** 29/01/2024

**Job Number** 29585

**Work type** Permanent

**Posting End Date** 09/02/2024

As a Compensation Advisor, you will play a pivotal role in minimizing debt exposure, adhering to industry regulations, and independently managing a varied compensation case portfolio. Join us and contribute to driving successful payment recovery strategies while providing expertise in systems implementation and analytics adoption.

**How will I help?**
- Conduct compensation cases within an agreed annual work program
- Review individual compensation cases to determine where payments for claims should be made by a third-party and instigate recoveries.
- Manage compensation cases with accurate and timely provision of claims information to third parties to drive recovery of compensable funds.
- Work with the Claims Integrity Data Science team to leverage data and process change to drive an increase in the prevention and recovery of payments that are the responsibility of a third-party.
- Prioritize activities so the compensation function meets annual operating plan (financial) targets.

**What’s in it for me?**

As well as a competitive salary, a range of Bupa benefits and flexible working/ work from home arrangements, you’ll be challenged and encouraged to innovate. You will collaborate strongly with colleagues who are committed to delivering exceptional experiences. We trust, respect and consider everyone, knowing your difference will make the difference.

**What do I need?**
- Minimum three years’ experience with a Private Health Insurer and/or experience in a legal or paralegal position.
- Demonstrated understanding of health insurer claims processes.
- Understanding of State legislations relating Worker’s compensation, motor vehicle accidents, medical indemnity, public liability (desirable).
- Demonstrated ability to operate with multiple workstreams and competing priorities to achieve or exceed targets.
- Strong written and presentation skills with attention to detail
- Ability to analyse complex data, pulling out key highlights which can be understood by management

**What is it like to work there?**

Bupa is an international healthcare group which has been committed to a purpose of helping people live longer, healthier, happier lives and making a better world for more than 70 years.

Bupa Asia Pacific operates in Australia, New Zealand, and Hong Kong, supporting about 6.5 million customers through a broad range of health and care services including health insurance, aged care, dental, medical, optical, and hearing services.

Employing more than 20,000 people in the region, we believe that we can make a real difference to the lives of customers through our values, purpose, and the way that we deliver personalised care