Purchasing Power, Llc

Strategic Account Executive

Purchasing Power, Llc$80K — $120K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business or related field; MBA preferred
  • 5+ years of Account management experience
  • Experience managing employee benefit offerings/programs
  • Possess financial acumen and analytical skills
  • Experience with CRM tools like Salesforce
  • Strong communication and presentation skills
  • Ability to build relationships and network effectively

Responsibilities

  • Meet and exceed revenue targets for assigned accounts
  • Build relationships with clients and brokers at executive levels
  • Provide guidance and training to broker and client partners
  • Cultivate accounts through regular visits and communication
  • Develop marketing strategies for program effectiveness
  • Ensure compliance with account contract terms and address needs
  • Document processes and train internal staff accordingly

Benefits

  • Hybrid work model
  • Comprehensive medical, dental, and vision benefits
  • 401k Retirement Plan
  • Flexible PTO
  • Career development opportunities
  • Employee Purchase Program
Full Job Description
Work at Purchasing Power

Position: Strategic Account Executive

Location: Atlanta/Hybrid work model

Who Are We: Purchasing Power (corp.purchasingpower.com)

We are an Atlanta-based voluntary benefit company offering an industry-leading employee purchase program for brand-name consumer products, online education services and travel offerings through convenient payroll deduction, helping employees achieve financial flexibility.

The Opportunity: The Strategic Account Executive will serve as the trusted advisor and primary liaison to clients and brokers with the objectives of initiating and cultivating successful partnerships between Purchasing Power and key client accounts and brokers. The SAE will be responsible for the overall management of internal activities of a growing book of accounts within designated broker and client territories. This role will be accountable for the growth and increased profitability of existing business, assisting the acquisition of new business, and the strategic direction of assigned accounts and broker partnerships.

What You Will Do:
  • Meet target revenue and revenue per eligible rates for each assigned account
  • Represent Purchasing Power at the executive level of our clients and brokers to build strong relationships and be able to educate each audience (broker, client, and consumer) of our value proposition
  • Proactively offer guidance to help educate our broker and client partners for needed training programs
  • Expand and cultivate each account and assigned broker region through frequent visits, ongoing communication, and accurate reporting
  • Develop marketing opportunities for promotion to maximize program effectiveness for each account, utilizing broker portals and other communication tools available
  • Ensure that account contract terms are adhered to and that all account needs are addressed
  • Provide insight and information to cross-functional internal departments to assist SAE to become a valuable resource and partner
  • Understand of account industry trends as well as voluntary benefit trends to identity new business opportunities with client and broker partners
  • Proactively identify and report potential risks associated with each client and broker
  • Effectively identify and partner with brokers to execute any upsell opportunities
  • Optimize client and broker experience across sales, client services, marketing, and customer experience
  • Serve as account owner and decision maker on relationship affecting issues/escalations
  • Develop strategic recommendation for continual improvement and expansion of client and broker relationships
  • Document new processes/policies/procedures relating to the client and oversees training on these to applicable internal staff


The Experience You Will Bring:
  • Bachelor's degree in Business or related field; MBA preferred
  • 5+ years of Account management experience
  • Experience with managing employee benefit offerings / programs
  • Possess financial acumen, analytical and operations skills
  • Experience using Microsoft Office products (Pivot tables, Power Point, etc)
  • Experience using CRM tools (Salesforce)
  • Able to travel as needed for client stewardships, benefit fairs, client/broker, and events
  • Proven annual goal attainment
  • Superior written and oral communication skills and excellent presentation skills
  • Strong time management and organizational skills; ability to maintain a high quality of work in a deadline driven environment
  • Ability to build relationships & network both internally and externally


Your Well Being:
  • Hybrid work model (Onsite/Offsite)
  • Comprehensive benefits: medical, dental, vision, company paid Basic Life/AD&D
  • 401k Retirement Plan
  • Flexible PTO
  • Career Development
  • Employee Purchase Program


What We Stand For:
  • We act with intensity, urgency and a passion for supporting our customers and growing our business. We strive for excellence.
  • We hold ourselves accountable and expect it of each other. We attack problems with a positive "can do" attitude. We do what we say we'll do.
  • We deliver as one team, working together with integrity, respect, trust, transparency, and fun. We are better because we work here.
  • We believe our unique diversity and authenticity makes us a better company, allows us to be our best selves and is a competitive advantage.
  • We exhibit innate curiosity and creativity to innovate and reimagine how things can be done. We ask, is there a better way?


Purchasing Power is an equal opportunity employer. At Purchasing Power, we make all employment decisions, which include hiring, promoting, transferring, demoting, evaluating, compensating and separating, without regard to sex, sexual orientation, gender identity, race, color, religion, age, national origin, pregnancy, citizenship, disability, service in the uniform services, or any other classification protected by federal, state or local law.

About Purchasing Power, Llc

Purchasing Power is an online retailer that offers employee purchase programs for consumer products and services. The company was founded in 2001 by Richard Carrano, and is headquartered in Atlanta, Georgia. Purchasing Power's mission is to provide employees with a convenient and affordable way to purchase the products and services they need. The company has over 7 million customers and partners with over 2000 employers. Purchasing Power is a subsidiary of Flexential, a provider of data center and hybrid IT solutions.
Learn more about Purchasing Power, Llc
Size
200 employees
Industry
Founded
2001

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