Strategic Account Executive, Insurance & Wealth, West Coast

Empathy

$160K *
US-AnywhereRemote in United States
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of successful sales experience in a SaaS organization, particularly targeting financial or insurance institutions.
  • 3+ years in business development, including value creation and contract negotiation.
  • Experience using MEDDIC or MEDDPIC sales methodologies.
  • Ability to engage C-level executives at Fortune 500 companies and influence strategic decisions.
  • Track record of managing complex, enterprise-level sales cycles with high six-figure agreements.
  • Proven quota-surpassing performance in high-growth environments.
  • In-depth knowledge of U.S. Insurance and Wealth products and their claims processes.

Responsibilities

  • Cultivate and manage a robust sales pipeline within the Insurance and Wealth sectors.
  • Develop strategic partnership frameworks and deal structures.
  • Identify new business opportunities to drive revenue growth.
  • Engage with senior leaders at major financial institutions to build relationships.
  • Lead negotiations for favorable multi-year contract terms.
  • Establish connections with industry experts for collaborative growth.
  • Work together with Product and Marketing teams to create comprehensive solutions.
  • Participate in industry events alongside other Insurance and Wealth team members.

Benefits

  • Premium healthcare coverage.
  • Comprehensive paid time off and flexible parental leave.
  • Access to the Empathy platform for bereavement care support.
  • Company-sponsored 401(k) plan with up to a 4% employer match.
  • Competitive stock options.
  • Annual retreats and team lunches in the NYC office.
  • Remote employee stipend to support a hybrid work environment.
Full Job Description
Description

In this role you will

The Insurance & Wealth Solutions Team at Empathy drives enterprise sales, by partnering with life insurance carriers, wealth managers, retirement organizations, financial advisory groups, and other financial institutions to deliver Empathy's innovative support solutions. We work closely with our partners, helping them reimagine how they serve their customers, creating transformative solutions that align with empathy and care.

The team is composed of dynamic business development leaders with diverse experience and expertise, united by a shared passion for achieving ambitious goals, driving our mission forward, and delivering exceptional results. Together, we are dedicated to making a meaningful impact, fostering innovation, and setting new standards of success in the industry. We are seeking Strategic Account Executives located in the Midwest, Southwest and West coast territories of the US.

  • Cultivate and oversee a dynamic sales pipeline within the Insurance and Wealth sector.
  • Formulate strategic deal models and cultivate substantial, intricate partnerships.
  • Identify and capitalize on new business prospects, driving revenue and fostering sustainable financial growth.
  • Engage and influence senior leadership at major financial institutions, bringing a confident and credible executive presence to every interaction.
  • Lead negotiations throughout the sales process to secure favorable terms and agreements for multi-year contracts.
  • Foster connections with industry experts for strategic collaborations and business expansion.
  • Collaborate closely with Product and Marketing teams to develop holistic solutions.
  • Tag team with other Insurance and Wealth department members at industry events and joint deals.

Requirements

  • 5+ years of successful sales experience within a SaaS organization, preferably selling into financial or insurance institutions.
  • 3+ years of experience in hands-on business development work, from value creation to contract negotiation, funnel creation, and opportunity management.
  • Familiarity and experience applying and running a MEDDIC or MEDDPIC sales methodology
  • Ability to confidently present to - and build trust with - C-level executives at Fortune 500 firms, with the presence and polish to influence strategic decision-making at the highest levels.
  • Demonstrated success in navigating complex, enterprise-level sales cycles involving multiple stakeholders, and averaging high six-figure ACV agreements.
  • Proven track record of surpassing quotas in high-growth sales environments.
  • Profound understanding of U.S. Insurance and Wealth products/services and claims decision-making processes.
  • Willingness to travel across the U.S. (approximately 35% travel).

Preferred :

  • Experience working with Insurance and Wealth organizations
  • Strong understanding of Insurance and Wealth agents' needs and pain points
  • Familiarity with platforms such as Salesforce and Gmail.


The salary for this position is approximately $160,000 base salary with annual variable based on goal attainment, plus equity and full benefits package. The exact compensation is decided based on many factors, including but not limited to: skills, qualifications, and geographic location.

To support our employees, we offer comprehensive benefits both in and out of the office. These include premium healthcare, comprehensive paid time off, and flexible parental leave. Our bereavement care includes premium access to the Empathy platform and support for employees and their families. We support financial wellness with a company-sponsored 401(k) plan and up to a 4% employer match, along with competitive stock options. With annual retreats, team lunches for our NYC office, and a remote employee stipend, we prioritize spending time together and investing in our people. We hope you will want to join our exceptional team!

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