Director of Payer Sales

Posted 3 Days Ago
Be an Early Applicant
Hiring Remotely in United States
Remote
130K-150K Annually
Senior level
Mobile
The Role
Owns strategic sales partnerships with major health plans and PBMs, generating pipeline and revenue through relationship management, consultative selling, and healthcare solution positioning. Develops partner strategies, identifies upsell opportunities, manages complex deals, analyzes partner performance, and collaborates with sales, marketing, product, clinical, legal, and client success teams. Represents Vida at industry events and supports value-based reimbursement strategy.
Summary Generated by Built In
ABOUT US
 
At Vida, we help people get better- and we're helping the healthcare system get better, too.
 
Vida is a virtual, personalized obesity care provider that uses evidence-based treatment to help patients manage obesity and related conditions like diabetes, high blood pressure, anxiety and depression. Vida's team of Obesity Medicine-Certified Physicians, Registered Dietitians, Expert Coaches and Licensed Therapists takes a whole-person approach to care, helping people lose weight, reduce stress and improve their overall health.
 
By combining advanced technology with top-notch healthcare providers, Vida is breaking down the barriers that have historically kept people from getting the best care. It's trusted by Fortune 100 companies, major national payers and large providers to enable their employees to live their healthiest lives.

Reporting to Vida's SVP of Payer Sales, the Director of Payer Sales is an important strategic role responsible for managing a portfolio of high value health plans and PBMs. This individual will be responsible for generating revenue through these partnerships by developing and executing sales and marketing strategies, building relationships with external stakeholders and building a pipeline of sales opportunities.

We are looking for a strategic self-starter who is passionate about Vida’s mission to provide high-quality, cost-effective cardiometabolic care.  This individual must be willing to roll up their sleeves and work closely with internal teams across sales, marketing, client success, legal and product to execute successful partnerships with large health plans.  This will be an individual contributor role and will also contribute to payer and PBM strategy and collaborate across the organization on new market opportunities and product development initiatives.  This position will include travel as necessary to manage assigned partnerships and territories.

 

Responsibilities:

  • Lead strategic partnership initiatives and ongoing relationship management of your portfolio of partners.
  • Generate new business pipelines with each assigned partner through sales training, webinars, networking, marketing campaigns and other efforts.
  • Develop a strong understanding of Vida’s clinical programs, care models and outcomes, and effectively position the appropriate solutions based on each client’s population, benefit strategy and business objectives.
  • Lead strategic enablement and sales initiatives with our partners and internal sales leadership and define processes for securing new employer clients through the partnership.
  • Analyze and review performance of existing partners working closely with client success.
  • Understand target customer’s business needs, leveraging consultative skill-set to create upsell opportunities.
  • Initiate, develop and maintain strong executive and decision maker-level relationships.
  • Work closely with the sales, product, clinical and account management teams, building internal relationships to support sales pursuits.
  • Support Vida’s value-based reimbursement strategy, evolving our fee-for-outcomes based model.
  • Demonstrate a solid understanding of Vida’s technology, product offerings and mission, contributing to all three equally.
  • Represent Vida at industry conferences, partner conferences and sales kick-offs.
  • Additional responsibilities as needed.

Requirements:

  • Bachelor’s degree at a minimum.
  • 7+ years of experience with strategic partnerships, sales, business development, sales strategy, consulting, or a related field working for or with large Health Plans and/or PBMs.
  • Experience selling, positioning or supporting clinical programs, population health solutions, digital health solutions, pharmacy programs or other healthcare benefit solutions preferred.
  • Experience exceeding revenue and growth targets working directly with health plans and/or PBMs.
  • Experience working at a health plan or PBM or in the employee benefits industry as a sales or business development executive, strategic account executive, strategic partner manager or benefits consultant.
  • Action-oriented leader who self-starts and motivates others; individual who enjoys thinking about things in new ways and executing accordingly; thrives in a high-growth environment.
  • History of executing complex deals or managing complex partnerships throughout the healthcare marketplace.
  • Relationship-oriented, people-centric contributor; track record of being a strong leader as well as a collaborative colleague.
  • Demonstrates strong aptitude to work in a rapidly changing, start-up environment.

Vida is proud to be an Equal Employment Opportunity and Affirmative Action employer.
 
Diversity is more than a commitment at Vida—it is the foundation of what we do. All qualified applicants will receive consideration for employment without regard to race, color, ancestry, religion, gender, gender identity or expression, sexual orientation, marital status, national origin, genetics, disability, age, or Veteran status. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.
 
We seek to recruit, develop and retain the most talented people from a diverse candidate pool. We don’t just accept differences — we celebrate them, we support them, and we thrive on them for the benefit of our employees, our platform and those we serve. Vida is committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures.
 
We do not accept unsolicited assistance from any headhunters or recruitment firms for any of our job openings. All resumes or profiles submitted by search firms to any employee at Vida in any form without a valid, signed search agreement in place for the specific position will be deemed the sole property of Vida. No fee will be paid in the event the candidate is hired by Vida as a result of the unsolicited referral.
 
**Vida is authorized to do business in many, but not all, states. If you are not located in or able to work from a state where Vida is registered, you will not be eligible for employment. Please speak with your recruiter to learn more about where Vida is registered.
 
Please note: Applicants must be authorized to work in the U.S. as Vida is unable to sponsor work visas for any position.
All Vida Employees must reside in/be able to work from the U.S.- international work is prohibited. Job postings at Vida will remain open through end of year, until filled.
 
#LI-remote

Skills Required

  • Bachelor's degree
  • 7+ years of experience in strategic partnerships, sales, business development, sales strategy, consulting, or a related field working with large health plans or PBMs
  • Experience selling, positioning, or supporting clinical programs, population health solutions, digital health solutions, pharmacy programs, or healthcare benefit solutions
  • Experience exceeding revenue and growth targets while working directly with health plans or PBMs
  • Experience at a health plan, PBM, or employee benefits organization in sales, business development, strategic account management, strategic partnership management, or benefits consulting
  • Experience executing complex deals or managing complex partnerships in the healthcare marketplace
  • Ability to self-start, motivate others, and work effectively in a high-growth environment
  • Strong relationship-building, leadership, and collaboration skills
  • Ability to work in a rapidly changing startup environment
  • Authorization to work in the United States without visa sponsorship
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The Company
HQ: San Francisco, CA
636 Employees
Year Founded: 2014

What We Do

Vida is a virtual care company that combines a human-centric approach with technology to address chronic and co-occurring physical and behavioral health conditions. We provide personalized chronic condition management combined with health coaching and therapy through a mobile and online platform that supports individuals in managing and significantly improving conditions such as diabetes, hypertension, obesity, depression, anxiety, etc. Our platform integrates deeply individual expert care with machine learning and remote monitoring to deliver lasting behavior change, health outcomes and cost savings. Vida is in the business of enabling self-insured employers, health plans and providers to take better care of their employees and members. We are trusted by Fortune 1000 companies, major national payers, and large providers to activate, engage, and empower their employees to live their healthiest lives. Based in San Francisco, CA, Vida is backed by investors including Khosla Ventures, StartX, Aspect Ventures, Canvas, Workday, and Nokia.

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