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Account Executive North America

Akur8 is a young, dynamic, fast growing Insurtech startup that is transforming insurance pricing and reserving with transparent machine learning.

Our SaaS platform leverages the power of transparent machine learning and predictive analytics to inject game-changing speed, performance and reliability into insurers’ pricing and reserving processes.

Powered by skilled R&D, Product & Actuarial teams we’ve developed unique AI algorithms that automate the insurance pricing and reserving in an unprecedented way.

This results in a pricing solution which not only allows insurance companies to model their risks 10 times faster, with a higher predictive power than traditional methods, but which also incorporates next generation reserving functionalities, helping to predict and legislate for future claims, therefore constituting a major game changer for the insurance industry.

Akur8 has already been selected:

  • In CB Insights Top 50 World Insurtech Companies 2023
  • In Insurtech Global’s Top 100 AIFinTech list 2023
  • In Fintech Global’s Top 100 AIFinTech list 2023
  • As No.24 in Sønr’s World Top 100 Insurtech Companies 2022
  • As 3rd best overall (worldwide) in the CodinGame 2022 Software Engineering Fall Challenge

With 35 nationalities within our team, and offices in Paris, London, New York, Tokyo, Milan, Cologne, Atlanta and Montréal, Akur8's solution is international by design. 

Servicing more than 250+ clients across 4 continents and targeting all non-life insurance carriers, we focus on more mature markets for faster expansion.

To learn more about Akur8, and what we do, click here.

Akur8 is, in all senses of the term, an equal opportunities employer. Akur8 puts diversity, equality and inclusion at the heart of its values. We examine all applications based on equal skills and applying the principles of non-discrimination.

As part of our growing North America Sales team, you will have a key role in building our business in the North American market, our number one priority market.

Your key objective will be to identify potential customers and lead the sales process in order to build a network of leads, and sign contracts in North America

Both independently and with the aid of the North American team, the Account Executive will be capable of using their previous experience to drive new business for Akur8 in the North American market.

This will include, but not be limited to, the following responsibilities:

  • As an Account Executive, you will be responsible for owning your territory and the associated quota
  • Identifying new opportunities in North America, but also exploring every segment and lines of business of your territory 
  • Managing the entire sales cycle, from prospecting to contract negotiation, and managing the relationship post close, with a focus driving tight sales cycles
  • Pitching and negotiating with C-Level executives
  • Working on and submitting proposals, as well as negotiating contracts with clients
  • Building strong, long-lasting relationships with strategic prospects and clients
  • Thinking out of the box, suggesting new ideas and approaches to improve our product, based on client expectations

You will be based out of our office in Montreal, but travelling frequently for business development events or client meetings.

We're looking for motivated individuals with +3 years of experience in sales and a strong interest in technology, eager to grow their skills in SaaS solutions. Ideal candidates have a passion for challenges, new market ventures, fast moving organizations and out of the box thinking.

In order to be considered for this position you must imperatively respond to the following criteria:

  • You have +3 years B2B tech sales experience, as a Business Development Representative / Account Executive
  • You have proven expertise in prospecting and a track record of mastering sales strategies for complex, technical SaaS products.
  • You excel at defining tailored closing plans for each opportunity, with clear, proactive actions to drive success
  • You have a ‘pioneer’ mindset, and like researching to identify potential customers, possessing the agility and adaptability required to open doors and interact with technical teams
  • You are highly empathetic to customers, with a proven track record of building strong champions and long-term customer relationships.
  • You are familiar with sales protocols and SaaS company processes, use of CRMs, slack communication, multi-teams interactions.
  • You have good self-management skills, you are efficient and have the ability to prioritize tasks effectively
  • You are humble, customer centric, and have a growth mindset
  • You are highly enthusiastic about technology
  • You love travelling and would be open to spending some time in our Paris, New York, and Atlanta offices

The following are a plus:

  • Experience in the insurance space 
  • Experience selling machine learning platforms 
  • Business Fluency in French
  • Experience working in an entrepreneurial, high growth software environment

IMPORTANT: You must possess an employment status that will allow work from our Montreal office.

As a newcomer, you'll be joining a diverse, highly skilled and motivated team, with a strong Tech DNA, colleagues that are eager to share their knowledge and passion.

But it’s not all work, you’ll also be part of a dynamic team that enjoys spending time together and having fun.

In addition to this, we will provide you with:

  • Competitive salary + annual bonus
  • Health insurance , Dental and Vision coverage 
  • Retirement Savings Plans
  • Generous vacation policy
  • Commuter  benefit
  • Gym membership via ClassPass
  • IT equipment allowance

Additional benefits:

  • Onboarding at our Paris HQ
  • Professional development & trainings
  • Team fun: regular company gatherings and team events
  • Fun goodies

Average salary estimate

$80000 / YEARLY (est.)
min
max
$70000K
$90000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Account Executive North America, Akur8

Join Akur8 as an Account Executive for North America and become a vital part of our dynamic Insurtech startup that’s revolutionizing the insurance industry with innovative machine learning solutions. Based out of our Montreal office, you’ll take the lead in building our presence in the North American market, which is our top priority. This role places you at the forefront of identifying potential customers and steering the sales process to secure contracts with various clients. Your responsibilities include managing the entire sales cycle—from prospecting to contract negotiation—while developing long-lasting relationships with key stakeholders, particularly C-Level executives. Utilizing your expertise in B2B tech sales, you'll suggest fresh ideas and approaches to enhance our products based on customer feedback. With a passion for technology and a ‘pioneer’ mindset, you will enjoy exploring new segments and lines of business. Additionally, frequent travel for business development events will enrich your experience. As part of our multicultural team, you’ll be surrounded by talented individuals who are eager to share their knowledge while also having a great time together. Akur8 values diversity, equality, and inclusion, making it a supportive place for personal and professional growth. If you’re excited about driving innovation in the insurance sector and joining a company that puts its people first, come make your mark with us!

Frequently Asked Questions (FAQs) for Account Executive North America Role at Akur8
What are the responsibilities of an Account Executive at Akur8?

As an Account Executive at Akur8, you will be responsible for managing your own territory, pursuing various sales opportunities in the North American market, and ensuring that you successfully navigate the entire sales cycle from prospecting to contract negotiation. You'll also be engaged in building and nurturing long-term relationships with clients, particularly C-Level executives, enabling stronger partnerships.

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What qualifications do you need to become an Account Executive at Akur8?

To qualify for the Account Executive position at Akur8, candidates need a minimum of three years of B2B tech sales experience, specifically in SaaS solutions. Proven expertise in effective prospecting strategies and the ability to engage with technical teams are crucial. Familiarity with sales protocols, CRM usage, and a customer-centric approach are also important to succeed in this role.

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What kind of company culture can you expect as an Account Executive at Akur8?

At Akur8, you can expect a collaborative and vibrant company culture that celebrates diversity and inclusion. The team is made up of talented individuals from 35 different nationalities, uniting under a common goal of innovation in the Insurtech space. Company gatherings, team events, and regular opportunities for professional development contribute to a well-rounded work environment.

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What skills are important for an Account Executive at Akur8?

Key skills for the Account Executive role at Akur8 include a strong ability to drive new business by identifying customer needs and developing tailored closing plans. Effective communication, empathy towards clients, and relationship-building abilities are essential. Additionally, being proactive in suggesting innovative approaches to sales processes is highly valued.

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How does Akur8 support the career development of its Account Executives?

Akur8 is committed to the professional development of its employees. Account Executives can attend trainings and workshops, receive mentorship from experienced colleagues, and participate in onboarding at the Paris HQ. This environment fosters personal growth in technical and sales skills while encouraging employees to engage with the latest trends in Insurtech.

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Common Interview Questions for Account Executive North America
How do you approach prospecting for new clients as an Account Executive?

When approaching prospecting, I focus on thorough research to understand industry trends and potential client needs. I utilize both traditional methods and modern tools like LinkedIn to identify leads while ensuring to personalize outreach efforts for better engagement. Building a strong initial connection is key.

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Can you describe a successful sales strategy you've implemented?

A successful sales strategy I implemented involved segmenting my prospects and tailoring my pitch based on their unique pain points. By leveraging data to showcase how our SaaS solution alleviated specific challenges they faced, I was able to convert leads into loyal customers effectively.

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What techniques do you use to manage long sales cycles?

To manage long sales cycles, I create detailed timelines and follow-up schedules that keep the prospects engaged without being intrusive. Regular check-ins provide value, whether through sharing relevant resources or updates about our products, thereby maintaining interest and nurturing the relationship.

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How do you ensure you meet your sales targets?

I ensure I meet my sales targets by setting clear, achievable milestones and constantly evaluating my progress against them. I employ proactive time management and prioritize high-potential opportunities, while also utilizing a CRM system to track my activities and performance metrics.

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What methods do you use to pitch to C-Level executives?

To effectively pitch to C-Level executives, I emphasize a consultative approach by highlighting the strategic benefits our solutions can bring to their organization. I prepare in-depth analyses and case studies that align our product offerings with their business goals, demonstrating ROI and long-term value.

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Describe how you handle objections during the sales process.

Handling objections requires patience and understanding. I listen carefully to the client's concerns and react with empathy. Then, I provide tailored responses that address their specific issues, often highlighting success stories or data that counterbalance their objections to build trust.

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What role does teamwork play in your sales process?

Teamwork is fundamental in my sales process. I frequently collaborate with marketing for lead generation and involve technical teams for deeper product insights during pitches. Open communication fosters a supportive environment, aligning everyone's effort towards shared sales goals.

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How do you maintain relationships with existing clients?

Maintaining relationships with existing clients involves regular follow-ups to ensure satisfaction and address any concerns they may have. I often schedule quarterly business reviews to discuss progress and new opportunities, reinforcing the partnership and encouraging ongoing engagement.

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Can you give an example of a challenging negotiation you faced?

In a challenging negotiation where the client hesitated on price, I focused on clearly demonstrating the value our product delivered by presenting detailed case studies showcasing ROI. This helped reshape their perspective on pricing and led to a successful agreement.

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Why do you want to work as an Account Executive at Akur8?

I am eager to work as an Account Executive at Akur8 because of the opportunity to contribute to a cutting-edge Insurtech company that leverages technology to drive efficiency in the insurance sector. The company’s focus on innovation aligns with my passion for tech-driven solutions, and I believe I can effectively drive growth in the North American market.

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Akur8 is revolutionizing insurance pricing with transparent AI. Akur8 developed a unique AI-based insurance pricing solution that automates modeling for insurance companies while keeping full transparency and control on the models created, as requ...

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Full-time, on-site
DATE POSTED
December 21, 2024

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