Broker relations principal
This individual will be responsible for developing and executing strategic initiatives related to Stop Loss (SL) broker compensation and analytics. This role will play a critical part in shaping the SL broker compensation strategy, leading stewardship meetings, and performing robust analytics to evaluate broker level experience and inform future compensation strategies. The position requires strong communication skills, analytical skills, strategic thinking, and the ability to collaborate across teams to drive impactful outcomes.
Responsibilities
Develop and propose the Stop Loss broker compensation strategy, subject to approval by Stop Loss business leadership and national producer relations leadership
Lead SL-specific stewardship meetings with external brokers to ensure alignment and performance tracking
Perform comprehensive SL broker analytics to evaluate performance and inform future compensation strategies
Collaborate with cross-functional teams to gather data and insights for strategic decision-making
Present findings and recommendations to senior leadership to support strategic initiatives
Maintain documentation and reporting related to SL broker performance and compensation
Qualifications
Bachelor’s degree in Business, Finance, Economics, or related field highly preferred; advanced degree a plus
7+ years' of experience in strategy, analytics, consulting or compensation planning, preferably in the insurance or healthcare industry preferred
Strong analytical and problem-solving skills with experience in data analysis and reporting
Excellent communication and presentation skills with the ability to influence stakeholders
Ability to work independently and manage multiple priorities in a fast-paced environment
10-15% travel may be required as needed
If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload. For this position, we anticipate offering an annual salary of 127,300 - 212,100 USD / yearly, depending on relevant factors, including experience and geographic location.
This role is also anticipated to be eligible to participate in an annual bonus and long term incentive plan.
We want you to be healthy, balanced, and feel secure. That’s why you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and paid holidays. For more details on our employee benefits programs, visit Life at Cigna Group.
About The Cigna Group
Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: [email protected] for support. Do not email [email protected] for an update on your application or to provide your resume as you will not receive a response.
The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.
Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.
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