Resp & Qualifications
Under the direction of the Manager, Broker Data and Projects, the Senior Broker Data Analyst’s accountabilities include, but are not limited to, the following:
Broker Reporting and Analysis
Analyze broker data to identify patterns of persistency, new business, scope of business, business movement, and competitive data to better understand how brokers do business and to identify areas of opportunity. Lead the creation and implementation of new standard reporting and analysis of sales and compensation performance for agencies, brokers, and distribution channel partners. This will include the development of new broker benchmark reporting on account retention, net growth rate, product penetration, and average compensation. Synthesize findings and prepare presentations for executive management and Board of Directors. Leverage the current capability of the Broker Data Mart and work closely with Finance, Sales, and Operations to identify future data and reporting enhancements. Create dashboards of Agency performance and compare to benchmarks, engaging with brokers to analyze and explain their YTD progress for the Net Growth Bonus and other incentives. Assist in the formulation of strategies to retain and grow brokered and consultant business with CareFirst.
Broker Corporate Initiatives
Identify opportunities for broker data enhancement and lead all phases of implementation with the Broker Data Mart project team. Collaborate with Broker Accounting, Sales, Marketing, and TOS team to develop and test new reporting elements in support of CareFirst’s external partner strategy and overall Net Growth goals. Provide input to Broker Data Mart technical team, defining requirements, reviewing test case scenarios, performing related analyses, and leading due diligence testing against current state processes for the area.
Broker Innovation and Process Improvement
Identify opportunities to enhance Broker Administration’s role in supporting Sales / SBUs and lead their implementation. This will involve developing new models and methods for pulling and summarizing information that is actionable for Sales with brokers and consultants. Keep abreast of broker and Sales / SBU issues and proactively work to identify and implement ways to address them. Work collaboratively with Broker Accounting to finetune broker compensation and incentives, including the Net Growth Bonus. Evaluate and improve internal processes to better serve the needs of CareFirst’s external partners. Take a leadership role in implementing solutions for the area.
Ad Hoc Analyses and Special Projects
Extract and analyze data to create summary presentations for SBU leadership, Sales, Marketing, executive management, and Board of Directors. Perform data analysis and interpretation to support strategic account meetings with agencies, consultants, and distribution channel partners. Collaborate closely with Market Consultants, Account Managers, and other leadership to build custom analyses tailored to the needs of internal and external customers. Serve as subject matter expert on broker data and educate customers on accurate usage and interpretation. Troubleshoot complex problems and lead them through to resolution, consulting the necessary areas of the company, pulling the supporting data, and communicating recommendations to management.
Broker Contract Distribution
Oversee rollout, reporting, and broker support for future releases of Agent and Partner Agreements. Conduct data extraction from broker system of record and support Broker Contracting and Compliance (BCC) and Broker Accounting with agency reconciliation. Serve as DocuSign subject matter expert and manage all aspects of document tagging, ease of user experience, and workflow optimization.
The ideal candidate will have:
Department: Director, Broker Administration
Equal Employment Opportunity
CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.
Hire Range Disclaimer
Actual salary will be based on relevant job experience and work history.
Where To Apply
Please visit our website to apply: www.carefirst.com/careers
Please apply before: 9/18/2018
Federal Disc/Physical Demand
Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.
The physical demands described below are representative of those that must be met by an associate to perform the essential duties and responsibilities of the position successfully. Requirements may be modified to accommodate individuals with disabilities.
The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The employee must frequently talk and hear. Weights of up to 25 pounds are occasionally lifted. Occasional driving is required.
Sponsorship in US
Must be eligible to work in the U.S. without Sponsorship