More jobs:
Sales Compensation & Broker Administration Manager; Hybrid
Job in
Columbia, Howard County, Maryland, 21046, USA
Listed on 2026-02-03
Listing for:
CareFirst, Inc.
Full Time
position Listed on 2026-02-03
Job specializations:
-
Business
Business Development
Job Description & How to Apply Below
Resp & Qualifications
Manage the Sales Compensation and Broker Administration teams responsible for processing internal sales incentives, administering broker contracts and compensation programs, and delivering sales reporting and forecasting analysis. This role ensures accurate and timely execution of compensation and incentive programs, maintains operational excellence, and provides analytical insights to support sales force effectiveness and business decision‑making.
Essential FunctionsTeam Leadership & Development:
- Supervise and develop the Sales Compensation and Broker Administration teams, including hiring, onboarding, training, and performance management.
- Set clear performance expectations, provide regular coaching and feedback, and conduct performance reviews.
- Foster a collaborative team environment focused on accuracy, timeliness, and customer service.
- Develop team member capabilities through training on systems, processes, regulations, and industry best practices.
- Manage workload distribution, prioritization, and resource allocation to meet deadlines and service level agreements.
Sales Incentive Administration:
- Drive incentive strategy & design annually to ensure alignment with corporate financial plan and strategic priorities.
- Drive culture of continuous improvement by reviewing processes, eliminating unnecessary work and driving automation across the incentive management process.
- Resolve incentive disputes and inquiries from sales representatives, escalating complex issues as needed.
- Maintain compensation system data integrity, including sales crediting rules, territory assignments, and quota allocations.
- Support annual incentive plan changes, including recommending changes, modeling impacts, getting changes approved, testing, and communicating the plans (P4
Ps) for signature.
Broker Incentive Management:
- Administer broker commission structures, bonus programs, and incentive campaigns across all product lines.
- Calculate and process performance‑based broker incentives accurately and on schedule.
- Maintain broker compensation grids, commission schedules, and incentive program documentation.
- Coordinate bonus/incentive campaigns and track performance against program goals.
- Handle broker bonus/incentive inquiries and resolve payment discrepancies in partnership with Sales and Finance teams.
- Ensure broker compensation practices comply with state regulations and CMS guidelines.
Broker Contract Administration:
- Manage broker contracting processes, including agreement execution, amendments, and terminations.
- Maintain broker contract templates, including General Agency, Group Producer and General Producer agreements.
- Maintain all Broker Manuals including Producer Manual, Administrator Guidebook, Small Group Eligibility Guidelines and the Individual Market Manual.
Sales Reporting & Forecasting:
- Develop and deliver regular sales performance reports, dashboards, and metrics for leadership and sales teams
- Create ad‑hoc reports and analysis in response to business inquiries and strategic initiatives
- Monitor key performance indicators related to sales productivity, compensation expense, and broker engagement
- Create and support dashboard needs across broker administration, sales compensation and broker service.
Process Management & Improvement:
- Document and maintain standard operating procedures for all incentive and broker administration processes.
- Identify process inefficiencies and implement improvements and automation to enhance accuracy, speed, and user experience.
- Establish quality control mechanisms to minimize errors and ensure data integrity.
- Participate in system implementation projects, providing requirements definition, testing, and user acceptance.
- Track and report on departmental metrics, service levels, and continuous improvement initiatives.
Stakeholder
Collaboration:
- Serve as point of contact for sales leadership, brokers, and internal departments on compensation and administration matters
- Collaborate with Finance, Human Resources, IT, and Compliance to resolve cross‑functional issues
- Communicate policy changes, process updates, and system enhancements to affected stakeholders
- Participate in sales meetings and broker…
To View & Apply for jobs on this site that accept applications from your location or country, tap the button below to make a Search.
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).
Search for further Jobs Here:
×