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Broker Manager - Medicare image - Rise Careers
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Broker Manager - Medicare

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

Candidates must reside in Central Mississippi

We’re looking for top sales talent to support our growing business.  CVS Health/Aetna is working to transform the way [State] Medicare beneficiaries experience health care – improving quality, emphasizing whole-person wellness, and driving down costs. Aetna is hiring a local Broker Manager to support the growth of our industry leading Medicare business. This is a highly collaborative role that will report to the Sales Director and drive local broker distribution and sales success.

The position requires local engagement with external sales channel (brokers) for the sub-market engagement. This position works closely with Sales Leaders to ensure sales goals and market goals are aligned.

Fundamental Components/Job Description

  • Accountable for driving and achieving company defined distribution channel sales goals and objectives.

  • Executes market strategy impacting the recruitment, onboarding, engagement, production, and compliance adherence of assigned independent broker base. 

  • Achieves established health plan broker sales goal through management of assigned block of brokers.

  • Utilizes a variety of tactics including face-to-face, webinar, and telephonic interactions to achieve goals. 

  • Prospects for and recruits new brokers through collaboration with National and Direct agency relationships or through broker marketing activities targeted direct to the brokers.

  • Achieves ample market coverage through persistent recruiting activities.

  • Identifies and develops local preferred brokers to support the attainment of health plan goals.

  • Onboards new brokers by supporting their navigation of contracting, certification, and initial and recurrent training requirements.

  • Provides leadership for annual broker certification requirements. Communicating with local agents and agencies as to the annual training and testing requirements.  Outreach to brokers and agencies to drive ready to sell status in preparation for the upcoming AEP and new year.

  • Ensures agent Ready to Sell (RTS) status.

  • Develops relationships with and inspires brokers to be consistent Aetna producers

  • Documents all broker interactions and profile data in Salesforce.com

  • Assists brokers with processes and contacts related to member service, broker self-service tools and escalations if needed.

  • Monitors all state, federal and health plan guidelines and ensures adherence to all CMS, Aetna, State, Federal and health plan regulatory requirements.  

  • Fulfills and documents required agent monitoring; follows through with agent oversight watchlist requirements; coordinates response to broker related complaints.


Required Qualifications

  • 5+ years Medicare sales and Broker Development experience in the industry

  • Ability to use standard corporate software packages and corporate applications.

  • Ability to communicate effectively at all levels internally and externally as well as in-person and virtually.

  • Excellent written and verbal communication and presentation skills.

  • Appropriate state licensure to sell insurance as required, annual Medicare certification is required.

Preferred Qualifications

Residing in Mississippi is preferred as on site meetings in the state are mandatory


Education

  • Bachelors degree or equivalent work experience

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The typical pay range for this role is:

$54,400.00 - $113,934.00

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.  
 

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: 04/19/2025

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

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CEO of CVS Health
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Average salary estimate

$84167 / YEARLY (est.)
min
max
$54400K
$113934K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Broker Manager - Medicare, CVS Health

As a Broker Manager - Medicare at CVS Health, you will be a key player in transforming healthcare for Medicare beneficiaries in Central Mississippi. This is not just a job; it’s an opportunity to make a real difference in people's lives. You will be leading efforts to grow our Medicare business by working closely with local brokers to ensure they're equipped, engaged, and performing at their best. You'll collaborate with Sales Leaders to meet distribution channel sales goals while fostering lasting relationships with the broker community. Your role will involve recruiting and onboarding new brokers, supporting their development through training, and helping them navigate the complexities of the Medicare market. Through a mix of face-to-face, webinars, and telephonic meetings, you’ll promote best practices and drive success within your broker base. Additionally, you’ll monitor compliance with regulatory requirements, ensuring everything is above board and seamless for both brokers and clients. If you have a passion for sales and a desire to create positive change in healthcare, then being a Broker Manager - Medicare at CVS Health is the perfect fit for you! Join us in making healthcare more compassionate and accessible for millions.

Frequently Asked Questions (FAQs) for Broker Manager - Medicare Role at CVS Health
What are the primary responsibilities of a Broker Manager - Medicare at CVS Health?

The primary responsibilities of a Broker Manager - Medicare at CVS Health include driving and achieving sales goals through managing an independent broker base, recruiting and onboarding new brokers, and ensuring compliance with federal and state regulations. This role focuses on strategies that build relationships with brokers while executing market strategies to improve sales performance.

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What qualifications are needed to become a Broker Manager - Medicare at CVS Health?

To become a Broker Manager - Medicare at CVS Health, candidates need at least 5 years of Medicare sales and broker development experience. Additionally, effective communication skills, a bachelor's degree or equivalent experience, and appropriate state licensure to sell insurance are required. Annual Medicare certification is also necessary to ensure compliance and success in this role.

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How does a Broker Manager - Medicare at CVS Health support brokers?

A Broker Manager - Medicare at CVS Health supports brokers by providing them with the training needed to navigate contracting, certification, and ongoing education requirements. This includes promoting engagement through various communication channels, assisting with member service processes, and ensuring they have the resources to be effective producers for Aetna.

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What skills are essential for success as a Broker Manager - Medicare at CVS Health?

Essential skills for success as a Broker Manager - Medicare at CVS Health include strong verbal and written communication abilities, sales acumen, the capability to use corporate software for data documentation, and leadership qualities. Being proactive in building relationships with brokers and having a deep understanding of Medicare regulations are also crucial for achieving success in this role.

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What kind of work environment can a Broker Manager - Medicare expect at CVS Health?

A Broker Manager - Medicare at CVS Health can expect a collaborative work environment that emphasizes teamwork and community engagement. As part of a larger effort to enhance healthcare access and quality, managers are encouraged to be innovative and connect deeply with brokers, fostering a caring culture where all perspectives are valued.

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Common Interview Questions for Broker Manager - Medicare
Can you describe your experience with Medicare sales and development?

When answering, highlight specific experiences that showcase your understanding of Medicare, including past roles and your direct impact on broker success metrics. Share examples of how you navigated challenges and achieved sales goals to demonstrate your capabilities.

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How do you approach the recruitment and onboarding of new brokers?

Discuss the strategies you would employ to attract new brokers, such as engaging with local agencies or conducting targeted marketing activities. Explain the onboarding process you've used in the past to ensure brokers are well-equipped and compliant from the start.

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What methods do you utilize to maintain relationships with brokers?

Emphasize your relationship-building skills by discussing tactics like regular check-ins, training sessions, and feedback mechanisms. Highlight the importance of open communication and how it helps in fostering trust and performance among brokers.

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How do you ensure compliance with state and federal regulations?

Talk about your familiarity with compliance protocols and share how you keep yourself updated with regulatory changes. You may also want to mention specific methodologies you used to monitor and ensure adherence among your brokers in previous roles.

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What is your strategy for achieving sales goals?

Describe your strategic approach including goal-setting, data analysis, and motivation tactics for brokers. Illustrate your plan with past achievements, specifying how you track progress and adapt to meet or exceed sales objectives.

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Can you provide an example of a difficult situation with a broker and how you handled it?

Use the STAR method (Situation, Task, Action, Result) to outline a specific scenario where you faced challenges with a broker. Detail the steps you took to resolve the issue, emphasizing communication and problem-solving skills.

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How do you stay motivated and inspire your team?

Share personal strategies for maintaining motivation such as setting personal milestones and celebrating team successes. Discuss how you encourage your team through recognition and creating an inclusive atmosphere where every broker feels valued.

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What tools and resources have you used to track broker performance?

Mention various tools, such as Salesforce.com, that you have employed for tracking interactions and performance metrics. Discuss how you leverage this data to provide feedback and tailor support to brokers' needs.

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How do you plan for the annual selling period and brokers' readiness?

Discuss your experience in preparing brokers for the annual enrollment period (AEP). This can include outlining training regimens, communication of requirements, and strategies to ensure all brokers are 'Ready to Sell' well before the start of AEP.

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What techniques do you use to engage brokers in ongoing training?

Share techniques that encourage engagement in ongoing training, such as interactive workshops, webinars, or incentive programs. Discuss the importance of continual education and how it leads to better broker performance and satisfaction.

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We help people with their health wherever and whenever they need us. And we do it with heart. Because our passion is our purpose: Bringing our heart to every moment of your health™.

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DATE POSTED
April 14, 2025

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