Director / Sr Director, Business Development – HCS Payer (Remote)
Job description
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 healthcare consulting services and data solutions 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 IT (CIO, CTO, VP), Data & Analytics (CDO, CAO, VP) and Business Areas (Pharmacy, other) with demonstrated success selling technology based professional services: Data Management, Data Archiving, and Advanced Analytics.
- 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 quarterly 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 (CIO, CTO, VP), Data & Analytics (CDO, CAO, VP) and Business Areas (Pharmacy, other)
- 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 advanced analytics, technology solutions and clinical research services to the life sciences industry. We believe in pushing the boundaries of human science and data science to make the biggest impact possible – to help our customers create a healthier world. Learn more at https://jobs.iqvia.com
We are committed to providing equal employment opportunities for all, including veterans and candidates with disabilities. https://jobs.iqvia.com/eoe
IQVIA’s ability to operate and provide certain services to customers and partners necessitates IQVIA and its employees meet specific requirements regarding COVID-19 vaccination status.https://jobs.iqvia.com/covid-19-vaccine-status
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.Join our Global Talent Network
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