Business Development Director

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Hiring Remotely in United States of America
Remote
105K-141K Annually
Insurance
The Role

The Business Development Director is responsible for identifying, pursuing, and securing new business opportunities to drive growth in Med-IQ’s risk management and patient safety (RMPS) education and services portfolio and achieve revenue targets within an assigned geographic territory. This individual demonstrates expertise in prospecting, competitor research, lead generation, and a proven ability to close deals and manage expenses. The Director will collaborate with cross-functional teams and share market feedback to implement new business initiatives and deliver on both short- and long-term objectives.

Essential Duties & Responsibilities

  • Prospect for new clients and generate interest in Med-IQ’s risk management and patient safety (RMPS) products and services with the use of a CRM database and other tools (ie, Salesforce, LinkedIn Navigator). This includes proactively engaging contacts who have not previously expressed interest in Med-IQ and persuasively communicating Med-IQ’s value proposition both verbally and in writing.

  • Demonstrate product features and accurately describe available services in the RMPS portfolio through phone calls, web conferences, and in-person meetings, showcasing Med-IQ’s value for various stakeholders (ie, healthcare providers, risk managers, hospitals, and insurance entities). Strong skills in conveying intangible benefits in a clear and persuasive manner is essential.

  • Build accurate and compelling proposals that present Med-IQ programs to prospective clients.

  • Manage a complex sales process from initial client contact through contract and navigate financial negotiations.

  • Adhere to and maintain a deadline-driven and process-oriented business environment.

  • Attend conferences, trade shows, and industry meetings to support business objectives and cultivate relationships with prospective and current clients.

  • Operate as a team player and drive a culture of accountability and integrity by being an advocate for the company’s vision and values.

Education, Requirements & Competencies

  • Bachelor’s degree or higher (preferred).

  • Minimum of five years business-to-business (B2B) sales experience with a track record of meeting or exceeding annual revenue targets.

  • In-depth understanding of the sales process, including proficiency in complex, large account sales, contract negotiation, problem solving, and closing techniques.

  • Knowledge of the healthcare risk management marketplace, medical malpractice insurance marketplace, and sophisticated broker relationships (preferred).

  • Proficiency with Salesforce (or similar CRM system) and Microsoft Office Suite.

  • Entrepreneurial drive, demonstrated accountability and initiative, responsiveness, ownership of work.

  • Strong interpersonal and communication skills with clients, prospects and colleagues.

  • Strong collaboration, negotiation, and strategic thinking skills are essential.

  • Discipline and dedication to work remotely without day-to-day in-person supervision.

  • Willingness and ability to travel extensively domestically.

Base salary range is $104,550 - $141,450. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.

If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!

The Company
HQ: Boston, MA
659 Employees
On-site Workplace
Year Founded: 1975

What We Do

With healthcare’s constant complexities and distractions, it can be difficult to focus on patients. Coverys can help with proven medical professional liability insurance, data analytics, risk mitigation resources, and more. You can count on Coverys for protection and services that help you stay focused on improving clinical, operational, and financial outcomes.

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