Business Development Sales Executive

Posted 3 Days Ago
Be an Early Applicant
Coeur D'Alene, ID
72K-127K Annually
Senior level
Healthtech • Insurance
The Role
The Business Development Sales Executive is responsible for prospecting and generating new sales in healthcare insurance, developing sales strategies, and maintaining relationships with brokers and clients. Key responsibilities include strategic planning, proposal delivery, market feedback, and problem resolution to achieve sales objectives.
Summary Generated by Built In

Our Business Development Executives prospect and generate new medium and large+ group sales for targeted market segments in a defined territory. Develops and implements sales strategies to meet sales and membership objectives for assigned market segment(s) and territories.

This position requires a local presence in the Coeur d'Alene and northern Idaho area.

Required Experience: minimum 3-5/+ years experience in sales, account management or related experience, preferably in healthcare insurance (mid/large+ size groups).

Required Education & Licenses/Certifications:

  • Bachelor’s Degree or equivalent work experience (Two years’ relevant work experience is equivalent to one-year college)

  • State of Idaho Resident License or must obtain within 120 days of hire

Travel: will travel and/or attend off site events during and outside of standard working hours

Your day may look like:

  • Strategizes, develops and implements sales plans to achieve sales objectives for assigned product lines and/or market segments. Offers new sales and marketing techniques to assure success. Responsible for new sales of group products and services.

  • Develops and delivers sales proposals and presentations.

  • Enrolls new members through prospecting, contacting, negotiating, and selling concepts, rates, and the organization’s unique value proposition to individuals, brokers, consultants, and/or groups. May assist account management with renewals.

  • Retains, builds, and strengthens relationships to generate future sales growth and maintain existing business with brokers, groups, individuals, and community partnerships. Develops medium to long term sales plans and prepares strategies to protect, grow, and diversify relationships with targeted brokers.

  • Ensures active participation in community and industry organizations.

  • Identifies opportunities to grow membership by evaluating reports of existing book of business including historical trends, prospects, and specific products. Develops and maintains an understanding of the company’s competitive position in the market and proactively identifies opportunities to leverage the company’s position to grow membership.

  • Ensures sales tools are maintained with documentation of activities, call notes, prospect information, futures tasks, and other required information to support the overall sales plan.

  • Provides market feedback and information for sales forecasting.

  • Monitors competitor activities and practices through accurate group and customer feedback and informs leadership.

  • Reviews and verifies data on business opportunities and market trends.

  • Assesses broker, customer, and/or client needs and suggests appropriate products and/or solutions.

  • Provides resolution of difficult problems and issues.

  • Handles diverse group funding proposals by educating stakeholders on alternative financing arrangements.

As of the date of this posting, a good faith estimate of the current pay range is $71,708 to $127,114. The position is eligible for an annual sales incentive bonus (variable depending on company and employee performance). The pay range for this position takes into account a wide range of factors including, but not limited to, specific competencies, relevant education, qualifications, certifications, relevant experience, skills, seniority, performance, shift, travel requirements, internal equity, geography, business or organizational needs, and alignment with market data. At Blue Cross of Idaho, it is not typical for an individual to be hired at or near the top range for the position. Compensation decisions are dependent on factors and circumstances at the time of offer.

We offer a robust package of benefits including paid time off, paid holidays, community service and self-care days, medical/dental/vision/pharmacy insurance, 401(k) matching and non-contributory plan, life insurance, short and long term disability, education reimbursement, employee assistance plan (EAP), adoption assistance program and paid family leave program.

We will adhere to all relevant state and local laws concerning employee leave benefits, in line with our plans and policies.

Reasonable accommodations

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

The Company
HQ: Meridian, ID
1,134 Employees
On-site Workplace
Year Founded: 1945

What We Do

Since 1945, we’ve taken our role as an Idaho-based health insurance company to heart. While the health insurance marketplace has experienced lots of change in recent years, we haven’t. As a not-for-profit, we’re mission-driven to help connect Idahoans to quality healthcare that is affordable and build strong networks and services with our customers in mind.

With an annual economic impact of $456 million (in 2016), we lead the state and industry in addressing the cost of healthcare and creating transformative customer experiences with information, tools and services. Ultimately, we aim to create a brighter future for all of us. All we need are customer-centric leaders like you.

Similar Jobs

Samsara Logo Samsara

Account Executive, Mid Market (MST/PST)

Artificial Intelligence • Cloud • Computer Vision • Hardware • Internet of Things • Software
Easy Apply
Hybrid
Boise, ID, USA
2800 Employees
119K-158K Annually
Idaho Falls, ID, USA
4058 Employees

Leaf Home Logo Leaf Home

LeafFilter - Outside Sales Representative - Boise

Other • Professional Services • Retail
Boise, ID, USA
4058 Employees
80K-220K Annually

Similar Companies Hiring

MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana
Cencora Thumbnail
Pharmaceutical • Logistics • Healthtech
Conshohocken, PA
46000 Employees
Stepful Thumbnail
Software • Healthtech • Edtech • Artificial Intelligence
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account