Founding Senior Strategic Account Executive

Posted 2 Days Ago
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New York, NY
150K-200K Annually
Senior level
Information Technology • Insurance • Software
The Role
Responsible for closing high-value deals in the American insurance market, managing relationships with C-Suite executives, while establishing best practices for sales.
Summary Generated by Built In

TLDR;
Location: 
 2-3 days a week in the office (NYC) or on a client site.
This role is expected to include national & international travel which would fall within this

Reporting to:  Steve Cargill, USA Sales Director

Annual Salary: $170,000k - $200,000k + double OTE.

Sales at hyperexponential

At hyperexponential (hx), we’re redefining how the world’s largest insurers price risk. Since establishing our Sales and Marketing teams in 2021, we’ve doubled revenue year-on-year, secured a $73M Series B backed by a16z, Battery Ventures, and Highland Europe, and are on a clear path to $100M ARR and unicorn status. 2025 is set to be our biggest year yet.

Our clients already include some of the world’s leading insurers and reinsurers — Sompo, Markel, Beazley, Aspen, Ascot, Aviva, Convex, Canopius, AEGIS, Inigo — and one of the “Big 5” US insurers. Each win is a testament to the strength of our product, our strategy, and our ability to solve the most critical challenges in insurance pricing and underwriting.

Building on the success of our NYC / US. launch in the past six months, we are now expanding our Enterprise team with a founding Strategic hire.

As our first U.S. Senior Strategic Account Executive, you’ll be responsible for closing the largest and most prestigious opportunities across the American insurance market. These are high-value, high-impact deals with annual recurring revenue typically ranging from $150K to over $1M.

Sales at hyperexponential is high-touch, complex, and strategic. You’ll engage deeply with actuaries, underwriters, IT leaders, and the C-Suite, navigating long-cycle, multi-stakeholder deal environments. Our clients typically have revenues exceeding $100M, and the deals you’ll close often represent seven and even eight figures in total contract value.

Unlike traditional SaaS sales environments crowded with competition, hyperexponential operates in a newly defined category. Our competitors are often legacy processes like Excel, giving us an extraordinary positioning, product strength, and traction in the market to create a rare platform for Enterprise sellers who want to win big.

Your Mission

Is to be part of reaching hx’s goal of unicorn status and becoming a $100M revenue company! You will be one of the first US hires into the Strategic Accounts pod, which is part of an elite Global Strategic team (of 5 AEs) working on our largest accounts.

You'll be responsible for helping establish what best-practice sales look like in the US market and ultimately helping us scale GTM fit in the US. This will be an exciting journey, giving you access to all senior levels of hx, a network of senior executives across the industry and helping revolutionise the insurance industry.

Our risk modelling SaaS platform, hx Renew, helps (re)insurers to make better pricing decisions with data. The pricing decisions they make are critical to the growth, profitability and longevity of their organisation. Making better pricing decisions is critical to society and everything that we see and do. By insuring risks, companies and people are able to make bold decisions, building skyscrapers and even putting rockets on the moon. This industry has not seen much innovation up until very recently so our opportunity and product market fit here is unrivalled.

Having already proven our solution in the market with large enterprise accounts, signing multi-year, seven-figure partnerships, your mission is to help hx grow to a billion-dollar valued software company through new client acquisition and growth in the US.

Key Responsibilities

  • Develop a sales plan using 5 key accounts to prospect, build, manage and close deals, while ensuring coverage and penetration of your assigned territory

  • Strategically manage relationships with multiple senior stakeholders; including C-Suite contacts such as CUO, COO, CFO and CIO

  • Build your pipeline, and then effectively qualify them such that you identify the ones you target to close in-year and the ones you nurture for subsequent years. This will be particularly important as we scale - we already have a large pipeline of potential opportunities so we will need to be efficient with our efforts

  • Effectively engage internal resources at appropriate stages in the sales cycle to advance the opportunity, including pre-sales engineers, professional services, and leadership as needed

  • Collaborate with a Sales Development Representative on lead generation, coverage plan, and existing account expansion

  • Pipeline generation into own list of named accounts - it is important that any AE at hyperexponential is willing and wanting to outbound. This is a key part of our GTM

  • Build strong relationships with system integrators and resale partners

  • Work closely with our Marketing team on building a world-class demand-generation machine

  • Collaborate with our Head of Learning, Head of US P&C, and Solutions Engineers. We'll be building a community around our product, hx Renew, and introducing industry-first Training & Certification services

  • Participate in marketing events to engage prospects and present hyperexponential’s value

Initial Deliverables

  • Build an understanding of the subject matter, our product - Renew - and the insurance sector in general, through our carefully designed onboarding process and with our full support!

  • Establish relationships within hx, with the core teams who will be critical to your success including Customer & Product teams

  • Create a plan to hit your target and start executing that plan, including delivering corporate presentations and articulating the value that hx has brought to our customers and prospects

  • Learn our internal systems including CRM so that you can start to build out territory plans and track sales activities

Persona

If you're the right fit for this role, you will be able to show clear evidence that you are:

  • A self-starter with the ability to own/drive your own territory and initiatives for success

  • Independent & unusually proactive

  • Someone who delivers on commitments - sets yourself ambitious goals and achieves them

  • Highly data-driven and results-orientated

  • A person who has intrinsically high standards - you will set the standard in your team

  • Unwaveringly enthusiastic - because being the first to do this in an industry can be challenging!!

  • A team player and able to engage and work with the wider hyperexponential team - we win and fail as a team

  • An active listener - someone who can take on feedback and respond to what the audience wants

  • Organised and a good planner - able to manage engagements with multiple stakeholders in parallel

  • Persistent and confident in your approach (but without ever being arrogant!)

Experience and Skills

  • Successful experience in B2B SaaS complex solution selling with a focus on hunting new business

  • Strong ability to communicate and present software product demonstrations

  • Proven ability to meet and exceed a $2 million+ sales quota, while creating and driving client-centric strategies

  • Track record of sales performance and exceeding sales targets over their career

  • Preferred experience selling into line-of-business functions and into complex client environments

  • Experience using SFDC and other tools to accurately keep track of and forecast on all activities and opportunities

  • Strong sales methodology and structured approach to driving results ideally including MEDDICC, Sandler, Challenger & Value Based Selling

Interview Process

  1. Initial call with our Talent team to kick things off

  2. Manager Interview with Sales Director

  3. Territory, Pipeline & Closing interview

  4. Values Interview

  5. Meet our CRO

  6. We offer!


Please note that background checks will be conducted as part of the hiring process to ensure compliance with our governance policies. We handle all background checks sensitively and in full compliance with relevant regulations. All applicant data will be processed in accordance with data protection regulations and our privacy policy.

Top Skills

B2B Saas
Challenger
Meddicc
Sandler
SFDC
Value Based Selling
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The Company
HQ: London
108 Employees
On-site Workplace
Year Founded: 2017

What We Do

We are transforming the insurance industry through the power of decision intelligence.

Disconnected systems, unruly data, and outdated processes are undermining the ability of insurers to make their best decisions.​ We see a better way.

We combine first-hand actuarial experience and first-class engineering expertise with a passion for technology, to develop solutions that enable quicker, smarter decision making.

Teams are more agile, collaborate more deeply, and work more productively. They update their models more regularly, and have access to a broader array of tools than ever before.

Our progressive approach, effective integration and continued support ensure our software delivers from day one and continues to evolve to meet the needs of your future ambitions.

We work closely with our clients so they can embrace the digital revolution, enhance productivity and transform the performance of their organisation.

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