Business Development Executive, Absence

ComPsych Corporation
149d$115,000 - $125,000

About The Position

The Business Development Executive will be responsible for targeting prospect companies directly and through brokers and consultants to drive new absence sales. This individual will play a significant role in driving the growth of the absence product set with an innovative company that has been administering leave and ADA services since 2000.

Requirements

  • At least 5 years of experience selling and/or servicing absence administration customers with deep knowledge of the customer absence needs, the marketplace and the consultants and brokers that operate in that space
  • Established list of key HR and/or benefit consultant contacts for immediate utilization
  • Proven track record having consistently exceeded goals and expectations in a fast-paced environment
  • Demonstrated ability to manage a complex sales process of prospecting, lead qualification, sales strategy development and relationship building
  • Analytical, organizational and planning skills for forecasting, pipeline tracking and reporting
  • Strong oral and written communication and presentation skills including video presentations; experience in market development and meeting with senior executives
  • Being a self-starter, goal oriented and having attention to detail
  • Understanding and the ability to use technology including the Microsoft office suite of products
  • Bachelor's degree required and a stable work history required

Responsibilities

  • Develop and execute an aggressive plan and strategy for lead and RFP generation and qualification
  • Strategically manage the sales process including requests for proposals (RFPs), contract negotiations and deal closings
  • Making presentations and leading the team in all aspects of finalist meeting execution, prep, delivery and follow-up
  • Understanding customer needs and aligning the best HR and employee experience with the AbsenceResources® value proposition in a consultative way
  • Work with operations, implementation and service teams to ensure the best onboarding experience for customers
  • Develop relationships with direct prospects, brokers, consultants, and other distribution partners to further the AbsenceResources® brand while creating market opportunities
  • Knowledge of the absence competitive landscape including technology solutions as well as key HRIS, Payroll, Time and Attendance; Ben Admin vendors
  • Perform pipeline tracking and sales process reporting
  • Collaborate with ComPsych’s business leaders, sales, and service teams to leverage the company’s reputation and relationships to grow the absence business
  • Work with account management team to renew customers
  • Travel as needed to key partner, customer and finalist meetings
  • Other duties as assigned

Benefits

  • Full benefits package, including Paid Time Off (PTO), medical, dental, vision, 401(k) with match, robust EAP, wellness program, and much more
  • The budgeted base salary for this position is $115K to $125K, plus commission bonuses. The annual OTE upon hitting/exceeding targets for the first year is $175K +

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

Bachelor's degree

Number of Employees

501-1,000 employees

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