Senior Finance Manager, Commissions
About The Position
We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. CVS is hiring for a Senior Finance Manager, Commissions. In this exciting role, you would be responsible for managing broker and technology partner commission payments in addition to overseeing commission calculations, payment systems, and broker relationship management while ensuring accuracy and compliance with compensation agreements.
Requirements
- 7+ years working experience.
- Experience managing commission payment processes or ownership of F&A responsibilities.
- Advanced Excel skills.
- Python expereince.
- Ability to develop and implement commission calculation methodologies.
- Experience with broker compensation agreements and contract terms or ability to learn on own quickly.
- Experience with process improvement and automation.
- Strong analytical and problem-solving skills.
- Excellent communication skills for broker interactions.
Nice To Haves
- Knowledge of commission payment platforms and systems.
- Strong understanding of broker compensation structures and payment systems, specifically for voluntary benefits including Group Accident, Critical Illness, and Hospital Indemnity.
- Experience handling broker inquiries and resolving payment disputes.
- Understanding of broker of record (BOR) changes and implications.
- Background in operations or financial processing.
- Knowledge of insurance regulatory requirements.
- Experience partnering with sales teams and understanding sales compensation structures.
- Proficiency in commission management systems and financial software.
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.
Benefits
- medical
- dental
- vision coverage
- paid time off
- retirement savings options
- wellness programs
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What This Job Offers
Job Type
Full-time
Career Level
Senior
