Plaid

Account Executive - Insurance (Named)

Plaid$90K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of quota-carrying experience in a new-revenue role, focusing on insurance for 4+ years
  • Strong skills in prospecting, qualifying, and negotiating with a consultative sales approach
  • Experience in deploying a vertical-focused sales strategy
  • Proven ability to engage with various levels of enterprise organizations
  • Genuine interest in insurance products and strategic relationship building
  • Eagerness to work in a high-growth environment and contribute to process development
  • Technical acumen to understand and navigate Plaid's APIs

Responsibilities

  • Identify potential customers and manage the full sales cycle within the Insurance Vertical
  • Build and sustain relationships with insurance company stakeholders from executives to developers
  • Collaborate with product and marketing teams to refine and implement sales strategies for the Insurance segment
  • Manage sales pipeline effectively, providing accurate forecasts of deal closures

Benefits

  • Comprehensive medical, dental, and vision plans
  • 401(k) retirement plan
  • Equity and/or commission-based additional compensation
  • Flexible benefit plans that may adapt to changing requirements
Full Job Description
We are looking for a candidate to work exclusively with the leading Insurance companies throughout North America to help enable their transformation to deliver incredible digital and consumer experiences to their customers, at the scale and quality needed by the largest banks

Your focus will be on developing & leading large, complex new enterprise deals and building strong, long-lasting relationships within insurance to execute on their vision. Furthermore, you'll help shape how we engage, design and build products for the best brands in insurance.

Responsibilities
  • Identify potential customers and run the end-to-end sales process within our Insurance Vertical
  • Build and maintain relationships with insurance companies from executives to product teams and developers; be viewed as a subject matter expert
  • Partner with our product and marketing teams to continue to define and execute our Insurance segment sales strategy
  • Manage pipeline and accurately reflect the probability of close

Qualifications:
  • 7+ years of quota-carrying experience in a new-revenue role and a strong track record of closing deals enterprise level deals (4+ years focused on insurance) with large target customers
  • Strong prospecting, qualifying, and negotiating skills; consultative sales approach with a product-centric mindset
  • Experience working with sales development and deploying a vertical focused revenue strategy; strong preference towards those with prior experience in Insurance vertical
  • Proven ability to interact and articulate complex solutions to all levels of an enterprise level organization
  • Interest in insurance products and a desire to create strategic relationships that help our customers succeed
  • Excitement to work in a high-growth environment and to help build processes and tools as needed
  • Desire to get (more) technical and the ability to learn the ins and outs of Plaid's APIs

Additional compensation in the form(s) of equity and/or commission are dependent on the position offered. Plaid provides a comprehensive benefit plan, including medical, dental, vision, and 401(k). Pay is based on factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience and skillset, and location. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

About Plaid

Plaid is a financial services company based in New York City. The company builds a technology platform, which enables applications to connect with users' bank accounts. Plaid focuses on enabling consumers and businesses to interact with their bank accounts, check balances, and make payments through financial technology applications. The company was founded in 2013 by Zach Perret and William Hockey. In January 2020, Visa announced that it would acquire Plaid for $5.3 billion. The acquisition was completed in January 2021.
Learn more about Plaid
Size
600 employees
Industry
Founded
2011

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