Somatus

VP of Business Development - Health Plans

Somatus • $210K — $250K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years of experience in business development within healthcare organizations
  • Strong verbal and written communication skills for engaging across all organizational levels
  • Proven success in driving new business and structuring creative agreements
  • Ability to collaborate with diverse teams including leadership, marketing, and finance
  • Demonstrated record of revenue growth and favorable deal closures with payors and ACOs
  • Skilled at creating compelling presentations using Microsoft PowerPoint
  • Familiarity with Salesforce CRM and willingness to travel.

Responsibilities

  • Drive new logo growth and develop sales pipeline strategies
  • Build and maintain executive-level relationships with strategic partners
  • Lead complex deal strategies in a fast-paced setting
  • Advance sales opportunities efficiently through to contract execution
  • Represent the company at industry events to promote initiatives
  • Develop thought leadership content in collaboration with marketing
  • Provide regular pipeline and relationship updates to executive leadership.

Benefits

  • Participation in strategic healthcare projects and initiatives
  • Opportunity for professional growth in a competitive environment
  • Collaboration with senior leadership and cross-functional teams
  • Access to industry events and networking opportunities
  • Engagement in innovative and impactful healthcare solutions.
Full Job Description
How You'll Make an Impact:

As a Vice President, you will drive new logo growth and sales pipeline development while playing a key role in the continued growth of the company. You will support strategic initiatives working with health plans, employer groups, ACOs, hospitals and health systems, provider groups, and other healthcare organizations.

  • Build, own, and maintain a robust pipeline of qualified opportunities by cultivating executive-level relationships with payors, ACOs, Health Systems, and other strategic partners
  • Work closely with company leadership to lead and coordinate complex deal execution and strategy in a fast-paced, competitive, and entrepreneurial environment
  • Deliver measurable revenue and membership growth by rapidly advancing opportunities through all stages of the sales pipeline to contract execution
  • Represent the company at industry events and client meetings to promote thought leadership, and drive new business opportunities
  • Develop effective outbound content and thought leadership in partnership with the marketing team
  • Stay up to date on knowledge of industry trends, market intelligence, and state/federal regulations and programs
  • Lead proposal writing efforts to demonstrate company capabilities and secure new business opportunities
  • Provide real-time pipeline and relationship updates, forecast accuracy, and growth reporting to executive leadership with a focus on transparency, urgency, and outcomes

How You'll Strengthen Our Team:

Qualifications:
  • 7-10 years of relevant experience in business development, enterprise sales, consulting, or commercial role working with health plans, provider groups, or other healthcare organizations
  • Excellent verbal and written communications skills with demonstrated ability to communicate, present, and influence both credibly and effectively at all levels of an organization, including executive and C-level
  • Commercial acumen and a proven track record of driving new business development and creatively structuring agreements
  • Ability to connect with diverse constituents and stakeholders across cross-functional teams (leadership, marketing, account management, new product development, data and analytics, market operations, finance and clinical)
  • Demonstrated success driving new revenue growth and closing favorable deals with national and regional payors, ACOs, and other risk-bearing entities
  • Experience developing compelling presentations using Microsoft PowerPoint
  • Salesforce experience
  • Travel to HQ in McLean, Virginia and client locations


Compensation:

$210,000 to $250,000 per year

We offer competitive compensation that reflects market conditions and recognizes the skills, experience, and contributions of our team members. Compensation for the role will depend on a number of factors, including a candidate's qualifications, skills, competencies, experience, and geographic location and may fall outside of the range shown above. In addition, this position may be eligible for a discretionary performance-based bonus in accordance with the Company's applicable incentive compensation plans.

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee. Duties, responsibilities, and activities may change at any time with or without notice. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Similar Jobs

More Jobs at Somatus

More Healthcare Jobs

Find similar VP of Business Development - Health Plans jobs: