Principal Account Manager

Posted 16 Days Ago
Be an Early Applicant
Texas
145K Annually
7+ Years Experience
Artificial Intelligence • Consulting
The Role
The Principal Account Manager will oversee strategic client relationships in the healthcare sector, driving business growth and ensuring client satisfaction. Responsibilities include managing client expectations, developing account strategies, leading cross-functional teams, pursuing new business, analyzing market trends, and tracking performance metrics while utilizing CRM systems.
Summary Generated by Built In

It's fun to work in a company where people truly BELIEVE in what they are doing!

We're committed to bringing passion and customer focus to the business.

Fractal Analytics is a strategic AI partner to Fortune 500 companies with a vision to power every human decision in the enterprise. Fractal is building a world where individual choices, freedom, and diversity are the greatest assets. An ecosystem where human imagination is at the heart of every decision. Where no possibility is written off, only challenged to get better. We believe that a true Fractalite is one who empowers imagination with intelligence. And that it will be such Fractalites that will continue to build the company for the next 100 years.

Role Overview:

We are seeking a highly experienced Senior Healthcare Account Manager to lead our strategic client relationships in the healthcare domain. As a pivotal member of our team, you will leverage your extensive industry knowledge and leadership skills to drive business growth, ensure client satisfaction, and foster long-term partnerships.
 

Key Responsibilities:
 

Client Relationship Management:

  • Serve as the primary point of contact and trusted advisor for key healthcare clients.

  • Develop and nurture strong, long-lasting relationships based on a deep understanding of client needs and objectives.

  • Strategically manage client expectations, deliverables, and escalations to ensure client satisfaction and retention.

Strategic Account Planning and Execution:

  • Develop comprehensive account plans aligned with organizational goals and client strategies.

  • Lead cross-functional teams to execute account plans effectively, including sales, marketing, and technical teams.

  • Identify opportunities for account growth and expansion, and drive initiatives to capitalize on these opportunities.

Business Development and Sales Strategy:

  • Collaborate with internal stakeholders to develop and implement sales strategies that align with client objectives and market trends.

  • Drive revenue growth through upselling, cross-selling, and contract renewals.

  • Actively pursue new business opportunities within existing accounts and new prospects.

Market Analysis and Competitive Intelligence:

  • Stay abreast of healthcare industry trends, market dynamics, and competitive landscape.

  • Use market insights to identify potential threats and opportunities, and adjust account strategies accordingly.

  • Provide strategic recommendations to senior management based on market analysis and competitive intelligence.

Performance Tracking and Reporting:

  • Monitor and analyze key account metrics, revenue forecasts, and performance against goals.

  • Prepare and present regular reports to management and clients on account status, issues, and opportunities.

  • Utilize CRM systems and other tools to maintain accurate account records and document client interactions.

Qualifications:

  • Bachelor's degree in Business Administration, Healthcare Management, or a related field. (Master's degree preferred)

  • 12+ years of progressive experience in account management or business development within the healthcare industry.

  • Proven track record of successfully managing large, complex accounts and achieving revenue targets.

  • Deep understanding of healthcare products, services, and regulatory environment.

  • Exceptional leadership, communication, negotiation, and interpersonal skills.

  • Strong analytical and strategic thinking abilities.

Additional Requirements:

  • Ability to travel as needed to client sites and industry events.

  • Certification in Account Management (e.g., CAM or equivalent) preferred.

Pay:

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Fractal, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current base range is: $145,000 to 175,000. In addition, for the current performance period, you may be eligible for a discretionary bonus.
 

Benefits:

As a full-time employee of the company or as an hourly employee working more than 30 hours per week, you will be eligible to participate in the health, dental, vision, life insurance, and disability plans in accordance with the plan documents, which may be amended from time to time. You will be eligible for benefits on the first day of employment with the Company. In addition, you are eligible to participate in the Company 401(k) Plan after 30 days of employment, in accordance with the applicable plan terms. The Company provides for 11 paid holidays and 12 weeks of Parental Leave. We also follow a “free time” PTO policy, allowing you the flexibility to take time needed for either sick time or vacation.
 

Fractal provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!

Not the right fit? Let us know you're interested in a future opportunity by clicking Introduce Yourself in the top-right corner of the page or create an account to set up email alerts as new job postings become available that meet your interest!

The Company
Bellevue, WA
5,262 Employees
On-site Workplace

What We Do

Fractal is one of the most prominent players in the Artificial Intelligence space. Fractal's mission is to power every human decision in the enterprise and brings AI, engineering, and design to help the world's most admired Fortune 500® companies.

Fractal's products include Qure.ai to assist radiologists in making better diagnostic decisions, Crux Intelligence to assists CEOs, and senior executives make better tactical and strategic decisions, Theremin.ai to improve investment decisions, and Eugenie.ai to find anomalies in high-velocity data & Samya.ai to drive next-generation Enterprise Revenue Growth Management.

Fractal has more than 3,000 employees across 16 global locations, including the United States, UK, Ukraine, India, Singapore, and Australia. Fractal has consistently been rated as India's best companies to work for, by The Great Place to Work® Institute, featured as a leader in Customer Analytics Service Providers Wave™ 2021, Computer Vision Consultancies Wave™ 2020 & Specialized Insights Service Providers Wave™ 2020 by Forrester Research, and recognized as an "Honorable Vendor" in 2021 Magic Quadrant™ for data & analytics by Gartner.

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