Director / Sr Director, Business Development – HCS Payer (Remote)

Posted 24 Days Ago
Be an Early Applicant
2 Locations
Remote
134K-291K Annually
Senior level
Healthtech
The Role
The Director of Business Development will lead sales strategies, manage key client relationships, and drive revenue in healthcare payer markets while achieving sales targets.
Summary Generated by Built In

Are you interested in joining a team trying to build intelligent connections across the healthcare ecosystem to enable smarter decisions that reduce cost and drive better patient outcomes?  We leverage our unparalleled expertise to provide comprehensive data solutions, actionable insights, and innovative technology across the healthcare ecosystem.

IQVIA’s Healthcare Payer team is currently seeking a seasoned and entrepreneurial-spirited sales/business development executive who can effectively position a portfolio of data solutions, technology, and strategic services for both regional and national healthcare payer clients. 

This individual contributor role requires a savvy professional able to identify/hunt new opportunities, qualify prospects, develop proposals, and close deals in an effective and efficient manner. The ideal candidate must have a working knowledge of healthcare industry technology trends and a desire to understand the business needs of health plan clients in order to develop relationships with business and IT executives and map IQVIA’s offerings to the customer’s needs to achieve desired outcomes.

Responsibilities:

  • Prospect, qualify, and generate new sales through both virtual and in-person outreach.
  • Responsible for selling into regional and/or national health plans; particularly into Data & Analytics (CDO, CAO, VP), Technology (CIO) and Business Areas (Pharmacy, Care Management, Care Coordination, other), with demonstrated success selling technology based strategic services.
  • Represent IQVIA at regional and national tradeshows and conferences.
  • Drive complex and consultative sales, potentially involving multiple product groups and divisions.
  • Consistently achieve and exceed assigned sales targets while maximizing profitability and new business financial performance by managing costs and customer pricing.
  • Build and sustain pipeline for future sales opportunities.
    • Identify qualified pipeline opportunities sufficient to achieve annualized quota target of $1.5M – 2M total contracted value.
    • Generate early-stage pipeline of 3-4x quarterly target.
    • Ensure that all opportunities support pricing in line with margin targets.
    • Drive external and internal contracting processes.
    • Support legal to legal contract negotiation processes.
  • Manage multiple opportunities through the various stages of the sales cycle:
    • Prepare for and lead internal and client pursuit meetings.
    • Accurately prepare client meeting materials (i.e. agenda, slides, meeting minutes, etc.)
    • Attend and contribute to onsite client meetings.
  • Willingness to travel up to 30% domestically.
  • Update Salesforce CRM information and document sales activity, transactions, account, client information and revenue opportunities.
  • Establish forecasts and account penetration plans.
  • Complete all administrative tasks and duties in a timely manner:
    • Document weekly activity via Salesforce.
    • Prepare and present weekly status report.
    • Update pipeline report ensuring dates, contract value and revenue allocation is accurate.
  • Work closely with internal and external teams as required to manage client solution fulfillment.

Requirements & Qualifications

  • Bachelor’s degree required; advanced degree preferred.
  • 10+ years’ experience working within a complex sales process; selling into healthcare payers.
  • Demonstrated success selling into regional and/or national health plans; particularly into IT, Data & Analytics and Business Areas (Pharmacy, other) at the C-suite and leadership levels.
  • Demonstrated success selling the following types of technology based professional services: Data Management (master data management, data governance, data quality, data warehousing, cloud), Data Archiving (application decommissioning, regulatory compliance), Advanced Analytics (visualization, predictive, AI)
  • Understanding of the business application and impact of the following capabilities to a health plan: data & analytics, interoperability, claims processing, population health.
  • Exemplary interpersonal, relationship building, negotiations, and professional skills.
  • Confident, assertive, results driven, strong organizational skills and self-motivated, self-starter.
  • Must be self-motivated, have the internal drive to keep calling even when not getting traction immediately and have the capacity to know how to approach customers strategically.
  • Excellent interpersonal skills and ability to establish and maintain effective working relationships across the organization and to engage and facilitate across multiple stakeholders to accomplish team goals.
  • Excellent organizational, time management, and problem-solving skills
  • Has knowledge of Health plan business processes and industry dynamics.

IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. We create intelligent connections to accelerate the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide. Learn more at https://jobs.iqvia.com

IQVIA is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by applicable law. https://jobs.iqvia.com/eoe

The potential base pay range for this role, when annualized, is $134,200.00 - $290,800.00. The actual base pay offered may vary based on a number of factors including job-related qualifications such as knowledge, skills, education, and experience; location; and/or schedule (full or part-time). Dependent on the position offered, incentive plans, bonuses, and/or other forms of compensation may be offered, in addition to a range of health and welfare and/or other benefits.

Top Skills

Advanced Analytics
AI
Cloud
Data Governance
Data Management
Data Warehousing
Population Health
Salesforce
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The Company
Bangalore, Karnataka
61,500 Employees
On-site Workplace
Year Founded: 2016

What We Do

IQVIA (NYSE:IQV) is a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry. IQVIA creates intelligent connections across all aspects of healthcare through its analytics, transformative technology, big data resources and extensive domain expertise. IQVIA Connected Intelligence™ delivers powerful insights with speed and agility — enabling customers to accelerate the clinical development and commercialization of innovative medical treatments that improve healthcare outcomes for patients. With approximately 70,000 employees, IQVIA conducts operations in more than 100 countries. To learn more, visit www.iqvia.com.

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