Sr Carrier Relationship Manager- Medicare Services

Fidelity

Smithfield, Rhode Island(remote)

JOB DETAILS
SKILLS
Alliance/Partner Management, Coaching, Contract Negotiation, Contract Requirements, Cross-Functional, Customer Support/Service, Delivery Driving, ERISA (Employee Retirement Income Security Act of 1974), Executive Relationships, Health Insurance, Insurance, Investment Management, Investment Services, Leadership, Marketing, Medicare, Mentoring, Microsoft Exchange Server, Negotiation Skills, Operational Strategy, Performance Analysis, Performance Metrics, Presentation/Verbal Skills, Product Positioning, Regulations, Regulatory Compliance, Regulatory Requirements, Relationship Management, Risk Management, Sales, Sales Management, Sales Prospecting, Securities, Securities Investments, Service Delivery, State Laws and Regulations, Time Management, Willing to Travel
LOCATION
Smithfield, Rhode Island
POSTED
5 days ago

Job Description:

Job Title: Senior Carrier Relationship Manager

Note: Fidelity will not provide immigration sponsorship for this position

The Role

As a Senior Carrier Relationship Manager, you will lead strategic engagement with Fidelity Medicare Services’ most complex and high-impact insurance carrier partners, including large national carriers and select regional carriers. This role is responsible for advancing enterprise business objectives, enhancing service delivery, and identifying new growth opportunities through highly strategic partnerships.

You will serve as the primary owner of these key carrier relationships, driving enterprise-level strategy, leading contract negotiations, and influencing carrier performance and alignment. This role requires a strong blend of executive relationship management, operational leadership, and deep Medicare industry expertise.

As a senior individual contributor and key member of the Carrier Management and Business Enablement (CMBE) Leadership Team, you will also play a broader leadership role across the organization by providing mentorship, guidance, and peer support to team members, as well as contributing to cross-functional initiatives and overall team success.

This role will report to the Head of Carrier Management and Business Enablement.

The Expertise and Skills You Bring

  • Bachelor’s degree or equivalent experience
  • 8 plus years of professional experience, including 6 plus years of Medicare-related experience in sales, sales leadership, or relationship management
  • Proven experience working for or directly with insurance carriers
  • Deep knowledge of Medicare products, regulations, and market dynamics
  • Maintains an active health insurance license or ability to obtain within 90 days
  • Executive level communication and presentation skills
  • Strong strategic thinking and negotiation capabilities
  • Ability to operate effectively in a fast-paced, evolving environment
  • Proven ability to manage multiple complex initiatives simultaneously
  • Willingness to travel for carrier engagements and industry meetings

Strategic Partnership Leadership: Lead and own executive-level relationships with large national carrier partners and select regional carriers developing and executing plans aligned to with Fidelity Medicare Services business objectives

Carrier Portfolio Management: Own a portfolio of complex, high-impact carrier relationships, ensuring performance, growth, and long-term alignment, while driving accountability and alignment across internal and external stakeholders supporting these partnerships

Performance and Operational Excellence: Define and oversee service level expectations, KPIs, and performance metrics across assigned carriers conducting comprehensive annual carrier evaluations assessing performance, alignment with customer needs, and competitive positioning

Growth and Expansion: Identify, evaluate, and onboard new carrier partners to enhance market competitiveness and expand offerings driving innovation and joint growth initiatives with carrier partners

Contract and Negotiation Leadership: Lead complex contract negotiations and re-negotiations to mitigate risk and improve financial outcomes (e.g., commissions, service terms).  Maintain deep expertise in contractual obligations and regulatory requirements

Escalation and Governance: Serve as the primary escalation point for high-impact carrier issues and audits ensuring timely resolution and compliance with contractual and regulatory standards

Cross-Functional and Enterprise Influence: Act as a subject matter expert in enterprise initiatives across training, compliance, marketing, and operations facilitating strategic collaboration and knowledge sharing between internal teams and carrier partners

Leadership and Team Contribution: Serve as an active member of the CMBE Leadership Team contributing to broader team initiatives and supporting organizational priorities including mentorship, coaching, and peer guidance.

Execution Excellence: Ensure accountability for deliverables, follow-ups, and outcomes from carrier engagements delivering disciplined execution against strategic and operational priorities

The Team

Fidelity Medicare Services provides customers with tools and advice to help them select and purchase Medicare coverage that meets their health and financial needs. As a health insurance broker partnering with leading carriers, this team is building a highly strategic capability to support millions of Americans.

As part of this innovative and growing organization, the Senior Carrier Relationship Manager plays a critical leadership role in shaping carrier strategy, strengthening partnerships, and driving long-term business success.

Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

The base salary range for this position is $79,000-153,000 USD per year.  

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.   

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.  These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.  Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Certifications:

Category:

Client Service

About the Company

F

Fidelity

We help over ~40 million people feel more confident in their most important financial goals, manage employee benefit programs for nearly 23,000 businesses, and support more than 3,600 advisory firms* with innovative investment and technology solutions to grow their businesses. Our diverse businesses and independence give us insight into the entire market and the stability needed to think and act for the long term as we deliver value to you.
COMPANY SIZE
10,000 employees or more
INDUSTRY
Banking
FOUNDED
1946
WEBSITE
https://jobs.fidelity.com/