Senior Analyst, Commissions - Voluntary Business Operations

Hispanic Alliance for Career Enhancement; Olympia (WA); On-site; USD 46,000 - 123,000; Full time

Job summary

An established industry player is seeking a detail-oriented professional to join their Voluntary Business Operations team. This role involves processing and reconciling commission payments, ensuring accuracy and compliance, and responding to broker inquiries. The ideal candidate will possess strong analytical and problem-solving skills, along with proficiency in Excel and Python. The company offers a comprehensive benefits package, including medical plans, a 401(k), and flexible work schedules, fostering a supportive environment for all employees. If you're passionate about enhancing health care and want to make a difference, this opportunity is for you.

Benefits

401(k) plan with matching contributions

Employee stock purchase plan

Wellness screenings

Tobacco cessation programs

Weight management programs

Confidential counseling

Financial coaching

Tuition assistance

Flexible work schedules

Paid time off

Qualifications

• 1-2 years managing commission payment processes in health insurance.
• Experience with process improvement and automation.

Responsibilities

• Ensure accurate and timely commission payments.
• Develop and maintain commission calculation systems.
• Collaborate with Sales, Finance, and Technology teams.

Skills

Proficiency in Excel

Python

Analytical skills

Problem-solving skills

Communication skills

Education

Bachelor's degree in Business

Bachelor's degree in Finance

Tools

Commission payment platforms

Job description

At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.

As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.

Position Summary
This role is on the Voluntary Business Operations team and is responsible for processing, reconciling, and auditing broker and technology partner commission payments. You will perform commission calculations, integrate with commission payment systems, and respond to broker questions while ensuring accuracy and compliance with compensation agreements.

Key Responsibilities

• Ensure accurate and timely commission payments.
• Develop and maintain commission calculation systems.
• Respond to broker inquiries and resolve payment issues.
• Monitor payment accuracy and reconciliation.
• Maintain documentation of commission agreements.
• Collaborate with Sales, Finance, and Technology teams.
• Implement process improvements for efficiency.

Required Qualifications

• 1-2 years of experience managing commission payment processes in the health insurance/benefits industry.
• Proficiency in Excel and Python.

Preferred Qualifications

• Knowledge of commission payment platforms and systems, specifically for voluntary benefits including Group Accident, Critical Illness, and Hospital Indemnity.
• Ability to develop and implement commission calculation methodologies.
• Experience handling broker inquiries and resolving payment disputes.
• Understanding of broker of record (BOR) changes and implications.
• Background in operations or financial processing.
• Experience with process improvement and automation.
• Knowledge of insurance regulatory requirements.
• Strong analytical and problem-solving skills.
• Excellent communication skills for broker interactions.
• Experience partnering with sales teams and understanding sales compensation structures.

Education

• Bachelor's degree in Business, Finance, or related field.

Anticipated Weekly Hours
40

Time Type
Full time

Pay Range

The typical pay range for this role is:

$46,988.00 - $122,400.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

We take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:

• Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
• No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
• Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.

For more information, visit https://jobs.cvshealth.com/us/en/benefits

We anticipate the application window for this opening will close on: 05/19/2025

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.