Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Account Executive, Payor image - Rise Careers
Job details

Account Executive, Payor

About Us:

Hippocratic AI is developing the first safety-focused Large Language Model (LLM) for healthcare. Our mission is to dramatically improve healthcare accessibility and outcomes by bringing deep healthcare expertise to every person. No other technology has the potential for this level of global impact on health.

Why Join Our Team:

  • Innovative mission: We are creating a safe, healthcare-focused LLM that can transform health outcomes on a global scale.

  • Visionary leadership: Hippocratic AI was co-founded by CEO Munjal Shah alongside physicians, hospital administrators, healthcare professionals, and AI researchers from top institutions, including El Camino Health, Johns Hopkins, Washington University in St. Louis, Stanford, Google, Meta, Microsoft, and NVIDIA.

  • Strategic investors: Raised $137 million from top investors, including General Catalyst, Andreessen Horowitz, Premji Invest, SV Angel, NVentures (Nvidia Venture Capital), and Greycroft.

  • Team and expertise: We are working with top experts in healthcare and artificial intelligence to ensure the safety and efficacy of our technology.

For more information, visit www.HippocraticAI.com.

We value in-person teamwork and believe the best ideas happen together. Our team is expected to be in the office five days a week in Palo Alto, CA, unless explicitly noted otherwise in the job description.

About the Role: 

As an Account Executive, Payor, you will drive new business and build strong partnerships with national and regional health payers. This role involves managing complex sales cycles, closing high-impact deals, and fostering relationships with health insurance providers and healthcare systems. We’re seeking a results-driven, self-motivated professional with a proven track record in payer sales who is ready to thrive in a fast-paced, independent role while collaborating with internal teams to deliver value to clients.

Responsibilities:

  • Drive new sales with target payer accounts by developing strategies that generate top-of-funnel activity and efficiently move prospects through the sales funnel to close.

  • Leverage deep expertise in healthcare and payer sales to establish and grow relationships with health insurance providers, payer organizations, and healthcare systems.

  • Navigate complex sales cycles within healthcare payer organizations, managing multiple stakeholders and decision-makers.

  • Collaborate cross-functionally with internal teams to align goals and deliver exceptional value to clients.

Qualifications

Must-Have:

  • Minimum 5 years of direct health plan sales experience with a proven track record of success.

  • Experience working with both national and regional payers, with a preference for experience with Blues plans.

  • Strong expertise in complex contract negotiations.

  • Ability to work independently and self-manage while driving results.

  • Exceptional project management, organizational, and communication skills.

  • Confidence in public speaking, with a willingness to present in front of large audiences as needed.

  • Proven ability to manage multiple priorities effectively in a fast-paced environment.

  • Willingness to travel extensively for client meetings, conferences, and industry events

Nice-to-Have:

  • Established relationships within the healthcare payer ecosystem.

  • Experience navigating sales processes within complex healthcare systems.

  • Familiarity with digital health solutions and innovative healthcare technologies.

  • Knowledge of compliance and regulatory requirements related to payer contracting.

Hippocratic AI Glassdoor Company Review
4.8 Glassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star icon Glassdoor star icon
Hippocratic AI DE&I Review
No rating Glassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star icon
CEO of Hippocratic AI
Hippocratic AI CEO photo
Munjal Shah
Approve of CEO

Average salary estimate

$125000 / YEARLY (est.)
min
max
$100000K
$150000K

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, Payor, Hippocratic AI

If you’re looking for an exciting opportunity where your sales expertise can make a significant impact in the healthcare sector, we invite you to consider the Account Executive, Payor position at Hippocratic AI, based in the innovation hub of Palo Alto. At Hippocratic AI, we are on a mission to reshape healthcare with our unique safety-focused Large Language Model designed specifically for the health sector. In this role, you'll be essential in creating robust partnerships with national and regional health payers, navigating the complex terrain of healthcare sales while promoting transformative technologies that aim to improve health outcomes globally. Your responsibilities will include driving new business through targeted strategies and managing intricate sales cycles, leveraging your expertise to foster relationships with health insurance providers and systems. We seek a self-motivated, results-driven professional who thrives in fast-paced environments and possesses a solid background in payer sales. You'll also collaborate with diverse internal teams to deliver exceptional value to our clients. Each day promises to bring new challenges and rewards, all centered around our commitment to enhance the accessibility of healthcare. If you’re ready to step into a role where you can truly make a difference, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Account Executive, Payor Role at Hippocratic AI
What are the key responsibilities of the Account Executive, Payor at Hippocratic AI?

The Account Executive, Payor at Hippocratic AI is responsible for driving new sales with target payer accounts, developing effective strategies to generate leads, and managing complex sales cycles with a focus on establishing and growing relationships with health insurance providers and payer organizations.

Join Rise to see the full answer
What qualifications are needed for the Account Executive, Payor position at Hippocratic AI?

Candidates for the Account Executive, Payor position at Hippocratic AI should have a minimum of 5 years of direct health plan sales experience, preferably with a proven track record of success working with national and regional payers. Strong expertise in contract negotiations and excellent communication skills are also essential.

Join Rise to see the full answer
What makes the Account Executive, Payor role at Hippocratic AI unique?

This role is unique because it combines the challenges of complex sales cycles within the healthcare payor ecosystem with the opportunity to work alongside leading experts in AI and healthcare, all while contributing to a transformative mission that aims to significantly improve healthcare accessibility and outcomes.

Join Rise to see the full answer
Is travel required for the Account Executive, Payor position at Hippocratic AI?

Yes, the Account Executive, Payor role at Hippocratic AI requires extensive travel for client meetings, industry conferences, and events, enabling you to foster valuable face-to-face relationships within the healthcare payer ecosystem.

Join Rise to see the full answer
What kind of work environment can an Account Executive, Payor expect at Hippocratic AI?

Hippocratic AI values in-person teamwork, believing that the best ideas emerge from collaborative environments. As an Account Executive, you'll be expected to work in the office five days a week, immersing yourself in a vibrant culture focused on innovation and partnership.

Join Rise to see the full answer
Common Interview Questions for Account Executive, Payor
What strategies do you employ when approaching a new health plan as an Account Executive?

Effective strategies include understanding the specific needs of the health plan, leveraging market insights, and tailoring presentations to highlight how our offerings can solve their challenges.

Join Rise to see the full answer
How do you handle objections from potential clients regarding your services?

Handling objections involves active listening, understanding the client’s concerns, and providing clear, data-backed responses to demonstrate the value of our solutions.

Join Rise to see the full answer
Can you describe a time when you successfully closed a challenging deal?

In such situations, focusing on collaboration with internal teams for support and maintaining persistent follow-up often helps me navigate through the complexities and achieve closure.

Join Rise to see the full answer
What experience do you have with complex contract negotiations?

My experience with complex contract negotiations involves clearly understanding both parties' goals, utilizing creative problem-solving skills, and fostering transparent communication to reach a mutually beneficial agreement.

Join Rise to see the full answer
How do you prioritize multiple projects as an Account Executive?

I prioritize projects by assessing urgency and impact, setting clear deadlines, and using project management tools to stay organized while ensuring transparent communication with relevant stakeholders.

Join Rise to see the full answer
What is your approach to building relationships with healthcare providers?

Building relationships is about consistency and trust; I leverage networking events, follow up regularly, and ensure I understand their needs to create genuine partnerships.

Join Rise to see the full answer
Share how you stay updated on changes in the healthcare payer landscape.

I regularly attend industry conferences, subscribe to relevant journals, and engage in professional groups to stay informed about trends and changes in the healthcare payer landscape.

Join Rise to see the full answer
What role does technology play in your sales process?

Technology plays a crucial role by providing tools for analytics, customer relationship management, and streamlining communication, allowing me to track progress and make data-driven decisions.

Join Rise to see the full answer
How do you measure your success as an Account Executive in payer sales?

Success is measured through performance metrics like closed deals, growth in account revenue, and the strength of relationships built with clients over time.

Join Rise to see the full answer
How do you approach public speaking when presenting to large audiences?

When presenting, I focus on understanding the audience, structuring my message for clarity, and utilizing engaging visuals to keep the audience interested and informed.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Posted 7 days ago
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony
Social Impact Driven
Rapid Growth
Passion for Exploration
Dental Insurance
Health Savings Account (HSA)
Vision Insurance
Disability Insurance
Performance Bonus
Family Medical Leave
Paid Holidays
Medical Insurance
Mental Health Resources
Maternity Leave
Paternity Leave
Paid Time-Off
Photo of the Rise User
Kraken Remote No location specified
Posted 5 days ago
Photo of the Rise User
Smiths Group Remote CA-237, San Jose, CA, USA
Posted 6 days ago

Hippocratic AI is building a safety-focused large language model (LLM) for the healthcare industry. We believe that generative AI has the potential to massively increase healthcare access the world over but has to be built and tested responsibly. ...

56 jobs
MATCH
Calculating your matching score...
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
January 10, 2025

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!