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 new-revenue roles, with a strong track record closing enterprise-level deals (4+ years in the insurance sector)
  • Strong skills in prospecting, qualifying, and negotiating, with a consultative sales approach
  • Experience in sales development and vertical-focused revenue strategy, particularly in the Insurance vertical
  • Proven ability to communicate complex solutions effectively to all levels of an enterprise
  • A genuine interest in insurance products and a commitment to developing strategic customer relationships
  • Excited to thrive in a high-growth environment and contribute to building processes and tools
  • Technical acumen with a willingness to learn about Plaid's APIs

Responsibilities

  • Identify potential customers and manage the complete sales process within the Insurance sector
  • Build and sustain relationships with insurance firms, from executives to development teams, establishing yourself as a subject matter expert
  • Collaborate with product and marketing teams to define and execute sales strategies for the Insurance segment
  • Manage the sales pipeline and provide accurate forecasts on deal closure probabilities

Benefits

  • Comprehensive medical, dental, and vision insurance
  • 401(k) plan options
  • Opportunity for additional compensation through equity and commission
  • Supportive environment in a high-growth setting
  • Chance to work with leading insurance companies on innovative solutions
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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