Vice President Sales Officer - Insurance - job 1 of 2

VP Sales Officer - InsuranceAmericas Commercial Net New LogoAbout CognizantCognizant is one of the world’s leading professional services companies, helping clients become data-enabled and data-driven in the digital era. Our industry-based, consultative approach helps companies evolve into modern businesses. By leading clients in leveraging technologies essential to modern enterprises such as IoT, artificial intelligence, digital engineering & cloud, we enable new business and operating models that unlock new value in markets around the world. Cognizant’s unwavering focus on our clients is led by over 350,000 associates, who deliver services and solutions tailored to specific industries and the unique needs of the organizations we serve.OverviewWe have an exciting opportunity for a Insurance Segment, Sales Officer to sell the full suite of Cognizant’s services and solutions including Custom Application Development, Engineering & Testing Services, Infrastructure Solutions, Business Consulting Services, etc. into named client organizations. A sales officer will lead, build and manage an established team of Account Executives focused on new logo acquisition. Collaborate with senior Cognizant leaders to ensure sales and revenue goals are achieved, complete customer negotiations and influence executive management as needed. This role requires building high-performance and achievement-oriented teams that have delivered success. The role holder will actively engage the team to develop plans and resolve issues through collaborative problem solving and will have responsibility for a target industry vertical. Accounts will typically be oriented geographically to location but may include marquee accounts throughout the U.S. Service offerings will include Application Development & Maintenance, Business Process Outsourcing, and Information Technology Outsourcing. The sales officer will work with the BU and SBU Leadership of the industry vertical as well as the integrated service lines. An offshore team will support a targeted marketing into designated accounts.Key Responsibilities• Drive growth through hunting new opportunities by setting the sales strategy and taking overall responsibility for developing and nurturing client relationships.• Leverage Account Executives to create demand and acquire new clients in line with Cognizant GTM and RAD segmentation.• Create the new logo strategy by identifying must have logos, creating large deals pipeline (USD 50M+) and pursue competitive renewals in new accounts.• Work with BU and SBU leadership to identify and pursue growth opportunities by aligning sales initiatives with BU strategy and capabilities.• Monitor competitor and industry trends to strengthen go-to market position.• Understands customer perceptions to anticipate their evolving needs and address them with current or new services / solutions.• Influence peers towards investing in the right capabilities and ensuring mutually beneficial outcomes aimed at client satisfaction.• Leverage analyst and partner events to expand market opportunities for demand generation.• Lead through influence a senior team of Account Executives collaborating with delivery, integrated service lines, and corporate functions.• Optimizing business practices, marketing efforts, sales process, product development and pricing strategies within the BURequired Qualifications• A minimum of 15+ years of industry experience in a client facing role or account leadership role in the IT professional services or management consulting firm.• Experience of leading diverse teams, experience of cultivating and collaborating in a multi-cultural environment.• Bachelor’s Degree OR equivalent combination of education, training, and experience.• Demonstrated consecutive quarterly and yearly quota achievement in complex selling environments utilizing a solution selling model.Preferred Experience• Advanced degree (MBA or Masters)• Proven ability to contribute to new business development efforts and to lead and manage multiple tasks in a dynamic environment.• Lead with a collaborative style and demonstrate executive poise and presence, with exceptional communication abilities.• In-depth understanding of business domain, technology, and services solution domains.• Experience working with Financial Services and Insurance clients/companies in a service provider organization is highly preferred.• Experience working with Property & Casualty and Life & Annuity segments across both commercial and personal lines.• Experience working with Insurance brokers and Data Providers• Having participated and spoken at Financial Services and Insurance forums.Top Reasons to Join Our TeamExcellent compensation/benefits. A strong financial incentive package that includes a solid base salary with a highly attractive commission's plan. Further incentives include award programs, club trips, and excellent benefits package. Wide exposure to industry, product, and functional standard methodologies; as well as outstanding teams supporting your sales pursuits. Encouraging management team that rewards initiative & success. Exciting, industry leading practice where you can truly build a long-term career. Congenial, collaborative, and goal-oriented environment; the opportunity to work with and learn from a diverse, highly experienced team of business professionals. Tremendous opportunities for growth with a real career path promoting career advancement.BenefitsCognizant offers the following benefits for this position, subject to applicable eligibility requirements:• Medical/Dental/Vision/Life Insurance• Paid holidays plus Paid Time Off• 401(k) plan and contributions• Long-term/Short-term Disability• Paid Parental Leave• Employee Stock Purchase PlanDisclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, based on applicable law.A Good fit for the Cognizant cultureA person who possesses a true passion for changing organizations for the better, and desires to do so within a goal, yet professional atmosphere filled with business professionals who all manifest a belief in partnership, innovation, and excellence. Our “Cultural Value Drivers” are well-known and clearly communicated within the organization: Open, Visible, Driven, Empowered, Opportunity-Filled, Flexible & Collaborative.Salary and Other Compensation:Applications will be accepted until October 31, 2024.The annual salary for this position is between $200,000 – $320,000 depending on the experience and other qualifications of the successful candidate.This position is also eligible for Cognizant’s discretionary annual incentive program and stock awards, based on performance and subject to the terms of Cognizant’s applicable plans.Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:• Medical/Dental/Vision/Life Insurance• Paid holidays plus Paid Time Off• 401(k) plan and contributions• Long-term/Short-term Disability• Paid Parental Leave• Employee Stock Purchase Plan• Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.