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Job details

Payer Sales Director

Cohere Health is a fast-growing clinical intelligence company improving patient care using AI. We are looking for a Payer Sales Director with strong sales strategy and leadership experience.

Skills

  • Strategic selling experience
  • High-performance team leadership
  • Business software proficiency
  • Negotiation skills
  • Relationship building

Responsibilities

  • Target key relationships across assigned territory
  • Manage business development in Strategic, Enterprise, and Mid-Market segments
  • Develop and execute sales strategies and lead generation activities
  • Present Cohere Health’s platform to Health Plan executives
  • Document account research and activities in salesforce.com

Education

  • Bachelor’s degree in business or technical field

Benefits

  • Health insurance
  • 401k
  • Bonus
To read the complete job description, please click on the ‘Apply’ button
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Average salary estimate

$160000 / YEARLY (est.)
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$150000K
$170000K

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 Payer Sales Director, Cohere Health

Are you ready to take your career to the next level? Join Cohere Health as our new Payer Sales Director! We’re a trailblazing clinical intelligence company making a real difference in the healthcare landscape. At Cohere Health, we're driven by our mission to enhance patient-specific care through innovative AI solutions. Our team has grown substantially, with our impact felt across health plans covering over 15 million lives. As the Payer Sales Director, you'll spearhead account sales strategy and lead generation while showcasing our impressive platform to key Health Plan executives. You’ll have the opportunity to drive our business development efforts in a variety of segments - from Strategic to Enterprise and Mid-Market. This role is perfect for someone with a strong background in strategic selling who thrives in a collaborative, fast-paced environment. Your empathetic approach and ability to build genuine relationships will be key as you target essential connections in your territory. You'll have the backing of our talented sales team and access to valuable resources to maximize your success. Plus, at Cohere, we cherish diversity, inclusion, and a supportive workplace culture that celebrates growth for all. If you’re a self-starter with a solid track record in the Health Plan segment, we want to hear from you. Let’s work together to impact lives positively and continue our path of rapid growth and innovation. The salary for this position is between $150,000 and $170,000 annually, complemented by an attractive benefits package. We can’t wait to learn more about you!

Frequently Asked Questions (FAQs) for Payer Sales Director Role at Cohere Health
What does a Payer Sales Director do at Cohere Health?

As a Payer Sales Director at Cohere Health, you will be responsible for the account sales strategy and lead generation across specific territories in the United States. Your role involves developing and executing broad selling strategies, managing relationships with Health Plan executives, and identifying opportunities to increase market penetration.

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What qualifications are needed for the Payer Sales Director position at Cohere Health?

To qualify for the Payer Sales Director role at Cohere Health, candidates should hold a Bachelor’s degree in a relevant field and possess 8-10 years of strategic selling or business development experience within the Health Plan segment. Experience in SaaS and healthcare IT solutions is also highly beneficial.

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What is the salary range for the Payer Sales Director role at Cohere Health?

The salary range for the Payer Sales Director position at Cohere Health is between $150,000 and $170,000 annually. This figure is part of a comprehensive benefits package, which includes health insurance, 401k, and performance-based bonuses.

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How does Cohere Health promote a supportive workplace for their Payer Sales Director?

Cohere Health highly values diversity and inclusion, fostering a collaborative environment where all team members can thrive. As a Payer Sales Director, you will be supported by a network of talented professionals and have access to resources that encourage personal and professional growth.

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What type of selling strategy should the Payer Sales Director at Cohere Health employ?

The Payer Sales Director at Cohere Health should employ a multi-faceted selling strategy that includes identifying key decision-makers, managing high-performing teams, and utilizing social media for lead generation. It’s important to be adaptable and innovative in closing new business while also cross-selling within established accounts.

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What kind of work culture can I expect at Cohere Health as a Payer Sales Director?

Cohere Health offers a culture characterized by transparency, accountability, and trust. Employees are encouraged to collaborate and build relationships, enabling success in their roles, including as a Payer Sales Director, while fostering personal development and mentorship.

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What are the key responsibilities of a Payer Sales Director at Cohere Health?

Key responsibilities include targeting critical relationships within your territory, directing business development across various segments, effectively presenting Cohere’s solutions to Health Plan executives, and documenting sales activities using salesforce.com.

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Common Interview Questions for Payer Sales Director
Can you explain your experience with strategic selling in the healthcare sector?

When answering this question, highlight specific experiences where you successfully sold healthcare solutions. Discuss the methodologies used in your approach to navigating complex customer needs and maintaining relationships with senior executives.

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How do you approach lead generation in your territory?

To effectively address this question, describe your strategies for identifying potential leads, leveraging social media, networking with industry contacts, and any tools or technologies that have aided your lead generation efforts.

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What steps do you take to build relationships with key stakeholders?

Describe how you prioritize relationship-building by engaging with stakeholders regularly, understanding their needs, and demonstrating how your offerings can provide value. Mention techniques or examples that illustrate your interpersonal skills.

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How do you measure success in a sales role?

Discuss the key performance indicators you focus on, such as lead conversion rates, revenue growth, and client satisfaction. Also, emphasize your ability to adapt to changing targets and goals effectively.

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Can you describe a challenging sales situation you faced and how you overcame it?

Provide a specific example where you encountered a significant challenge. Detail the steps you took to navigate the situation, the outcome, and what you learned from the experience.

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How do you stay informed about healthcare trends and market changes?

Explain your methods for keeping up with industry news, whether through newsletters, webinars, industry events, or networking. Highlight specific resources or organizations you follow to stay ahead in the sector.

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What do you think makes a successful Payer Sales Director?

Discuss the qualities that are essential for success in this role, such as strong interpersonal skills, strategic thinking, and adaptability. Reinforce your belief in building trust and credibility with clients.

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How do you collaborate with internal teams to enhance sales strategies?

Describe your experience working cross-functionally with marketing, product development, and client services. Talk about how you share feedback and insights to create cohesive strategies tailored to address customer needs.

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What role does technology play in your sales strategy?

Discuss how you utilize CRM systems, social media, and analytical tools to track sales progress, manage leads, and analyze customer data. Provide examples where technology helped you achieve sales objectives.

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How do you handle objections from potential clients?

Explain your approach to objection handling by emphasizing active listening, empathy, and addressing concerns directly. Share a specific instance where you turned an objection into a successful sale.

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Cohere Health will simplify healthcare by enabling patients, physicians, and health plans to collaborate on getting the right care -- at the right time, at the right place, and with the right value. Our focus is to enable an efficient, transparent...

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BENEFITS & PERKS
Disability Insurance
Flexible Spending Account (FSA)
Health Savings Account (HSA)
Vision Insurance
Performance Bonus
Paid Holidays
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
SALARY RANGE
$150,000/yr - $170,000/yr
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
November 26, 2024

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