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Account Executive

Join us. Let’s make a direct impact in healthcare.

Being an Iodine employee means becoming part of something bigger - using clinical AI technology to drive smarter healthcare processes and positively impact patient care.

Who we are:

Recognized as one of Austin’s best places to work, we are a collaborative and dedicated team with innovation built into our DNA. Iodine is an enterprise AI company that is championing a radical rethink of how to create value for healthcare professionals, leaders, and their organizations - by automating complex clinical tasks, generating insights and empowering intelligent care. Powered by one of the largest sets of clinical data and use cases available, our groundbreaking clinical machine-learning engine, Cognitive ML, constantly ingests the patient record to generate real-time, highly focused, predictive insights that clinicians and hospital administrators can leverage to dramatically augment the management of care delivery.

What you’ll do:

The Account Executive will be a master relationship manager, developing deep and trusted relationships with C-Suite executives and main stakeholders across their assigned customer base; the AE seeks to understand the strategic objectives of the health system and how Iodine’s value proposition will accelerate results. The Account Executive is a master in the art of differentiating Iodine from competitors, handling objections, discovering pain points and delivering solutions to clients. You’re good at balancing the needs of stakeholders and communicating with C-level decision makers, even in high-intensity scenarios.   In this role, you will:

  • Manage and expand  a book of business with non-profit and for profit health systems, including academic and teaching hospitals

  • Collaborate with Iodine Executive Partners, Customer Success Managers, Directors and VP, Client Product Managers, and Executive Sales Leadership to renew and expand Iodine’s full portfolio of offerings

  • Build and nurture deep long-term strategic relationships with C-suite members and executive contacts across multiple roles within Iodine’s client base; serve as a trusted advisor and leading light for Iodine within the Healthcare Industry

  • Further develop reference able clients and assist in the creation of case studies to highlight both ROI and customer satisfaction

  • Appropriately leverage all internal resources to resolve any customer issues

  • Negotiate and execute complex renewal contracts; Maintain  accurate and timely forecasts for all renewal and expansion opportunities.

  • Develop and update a pathway to signature plan for each renewal and expansion opportunity 

  • Collaborate and develop a strategic plan for each account that incorporates renewal, upsell, and value added activities.

  • Introduce new and evolving products to key accounts, as part of Iodine’s product roadmap and evolution

What we’d love to see:

  • Bachelor’s degree required, Master’s Degree Preferred (MBA, MPH, MHA)

  • 10+ years of experience in Account Executive, Account Management or similar scope role interacting with C-Suite client executives and stakeholders

  • Minimum of 10  years of experience in healthcare, ideally working with provider organizations and healthcare technology

  • Domain knowledge of the health care delivery space with hands on experience working with hospitals, health systems, payers or other adjacent players in the health care delivery infrastructure.

  • Strong track record of upsells and cross-sells of product portfolio YOY into client base

  • Ability to navigate throughout a complex health system, understanding various roles and responsibilities, uncover any delays with legal and contracting and build a pathway to signature for each expansion opportunity and renewal

  • Previous SaaS based sales experience required

  • Strong track record of managing client renewals

  • Ability to see around corners, interpret client strategy and commentary to assess risks and opportunities to expand value delivery and relationship

  • Proven ability to generate, cultivate and leverage real C-Suite level client relationships to further partnership and increase contract value over time

  • Ability to communicate complex concepts to high level executives, distilled for proper digestion at that level of the organization

  • Capable of suggesting and creating content and presentations to engineer valuable conversations with client executives

  • Ability to develop client specific strategic plans - internally and externally facing, that articulate YOY value growth and how we will engage with the client to deliver that value

  • Experience working in a fast growth, fast paced mid-stage company environment

  • Ability to deal with ambiguity - knowing that playbooks are not always yet created and they might be responsible for creating them

  • High level of professionalism, respect for clients and colleagues in line with Iodine values.

Preferred Requirements:

  • Revenue Cycle Management Content Knowledge is a plus

  • SalesForce, Gainsight and GoogleSuite experience 

  • AI sales experience

What we offer:

  • Comprehensive Healthcare: Fully covered medical, vision, and dental benefits for employees, plus generous dependent coverage.

  • Telehealth Services: Convenient access to telehealth services tailored for remote work.

  • Savings Accounts: Tax-advantaged savings accounts for healthcare and dependent care expenses.

  • Ancillary Benefits: Life, AD&D, and disability insurance paid by Iodine for peace of mind.

  • Retirement Plan: Competitive 401(k) retirement plan with a considerable company match.

  • Extra Life Insurance: Optional additional life insurance coverage for you and your dependents.

  • Accident Insurance: Financial protection against unexpected accidents and critical health issues.

  • Critical Illness Insurance: Provides financial support for medical costs and living expenses during serious illness.

  • Hospital Indemnity Insurance: Additional support for hospital-related expenses through indemnity insurance.

  • Pet Insurance: Affordable options for discounted pet insurance.

  • Legal and Identity Protection: Legal and ID theft protection to safeguard personal information.

  • Employee Assistance: Confidential employee assistance program for personal and professional challenges.

  • Education Allowance: Annual funding for educational pursuits and continuing education to support professional development and skill enhancement.

  • Reimbursements: Annual reimbursement for eligible wellness expenses, monthly reimbursement for cell phone and WiFi costs, and a one-time equipment allowance for creating a comfortable home office.

Why should you join Iodine?
This is a unique opportunity to join a close-knit, rapidly growing team and help us improve a key piece of the organization. You will have the opportunity to drive smarter healthcare processes through technology, so hospitals can stay focused on patient care. You will join a passionate and ambitious team, with a proven record of success building multiple companies. Learn more about our company culture on Built In Austin  and on our website at www.iodinesoftware.com.

Average salary estimate

$145000 / YEARLY (est.)
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$130000K
$160000K

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What You Should Know About Account Executive , Iodine Software

If you're ready to make a meaningful impact in the world of healthcare, Iodine is the place for you as an Account Executive! Here at Iodine, we're a pioneering enterprise AI company committed to transforming healthcare processes and enhancing patient care through innovative technology. As one of Austin's best places to work, we pride ourselves on our collaborative team environment and our dedication to innovation. In this role, you'll be more than just a salesperson; you'll become a trusted advisor to C-suite executives, helping them understand how Iodine's solutions can drive impressive results. You’ll manage and grow relationships with a diverse range of health systems, diving deep into their strategic objectives and offering tailored solutions that address their unique challenges. Whether you're expanding our portfolio, negotiating contracts, or introducing our evolving products, you'll play a key role in empowering healthcare professionals to deliver intelligent care. The perfect candidate will have extensive experience in account management within the healthcare sector, a solid understanding of provider needs, and a knack for building strategic long-term relationships. At Iodine, we cherish those who can proactively handle objections, uncover pain points, and communicate complex concepts in straightforward ways for executive digestion. If you’re passionate about using your skills to drive performance in healthcare, we'd love to find out more about you!

Frequently Asked Questions (FAQs) for Account Executive Role at Iodine Software
What are the key responsibilities of the Account Executive at Iodine?

As an Account Executive at Iodine, you'll manage and expand a portfolio of business within the healthcare sector, including both non-profit and for-profit health systems. Your responsibilities include developing trusted relationships with C-suite executives, identifying client pain points, and delivering tailored solutions. Additionally, you will collaborate with internal teams to ensure customer satisfaction and to renew and expand our range of services.

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What qualifications are required for the Account Executive role at Iodine?

To be considered for the Account Executive position at Iodine, you need at least a Bachelor's degree, though a Master's degree is preferred. You should have 10+ years of experience in a similar role, particularly within the healthcare industry. Demonstrated success in managing client relationships and a solid understanding of sales processes in healthcare technology will also be key to your success.

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How does the Account Executive contribute to client success at Iodine?

The Account Executive is vital to client success at Iodine as they take the lead in developing strategic relationships with executive contacts. By understanding the objectives and pain points of health systems, the Account Executive can provide solutions that not only enhance service delivery but also foster customer loyalty and satisfaction, leading to long-term partnerships.

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What experience is beneficial for the Account Executive role at Iodine?

Experience in healthcare account management, specifically interacting with C-suite clients, is extremely beneficial for the Account Executive role at Iodine. Familiarity with SaaS sales, as well as knowledge of Revenue Cycle Management, can give candidates an edge. Moreover, understanding the dynamics of the healthcare system and being able to navigate its complexities are critical for success.

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What growth opportunities exist for an Account Executive at Iodine?

Iodine provides significant growth opportunities for Account Executives, with the chance to not only deepen their industry knowledge but also to expand their client portfolio. With a focus on continuous learning and professional development, including education allowances for further training, you'll be well-positioned to advance your career while making a real difference in healthcare.

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Common Interview Questions for Account Executive
Can you describe your experience with managing relationships with C-suite executives?

In your response, focus on specific examples of how you've cultivated relationships with high-level executives. Highlight your ability to understand their goals and challenges, as well as how you've tailored your approach to meet their needs. Demonstrating success with measurable outcomes will help solidify your credibility.

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How do you identify and address client pain points?

Discuss your approach to active listening and engaging in thorough dialogues to uncover the underlying challenges clients face. Provide examples of previous situations where you've successfully identified pain points and how you proposed solutions that benefited the client while aligning with your company's offerings.

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What strategies do you use to negotiate complex contracts?

Share your negotiation tactics, emphasizing preparation, understanding the client's perspective, and being able to find mutually beneficial outcomes. Give specific examples of past negotiations that resulted in successful contracts while maintaining positive client relationships.

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Describe a time when you had to handle objections from a client.

Provide a narrative of a real-life scenario where you faced significant objections and outline your approach to overcoming them. Focus on the importance of empathy, addressing concerns head-on, and illustrating how your solution effectively addressed those objections.

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What do you know about Iodine’s products and how they benefit healthcare providers?

Demonstrating knowledge about Iodine's innovative AI-driven solutions is crucial. Discuss how the products work, their unique benefits for healthcare providers, and how they can significantly enhance patient care management, ultimately aligning with health systems' goals.

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How would you develop a strategic plan for a specific key account?

Discuss the importance of leveraging data and insights to create a tailored strategic plan for each account. Outline how you would conduct a SWOT analysis and engage with stakeholders to ensure that the plan aligns with their objectives and addresses their specific needs.

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How do you prioritize multiple accounts and ensure each receives adequate attention?

Talk about your time management strategies, such as using CRM tools to track client interactions and progress. Explain how you categorize accounts by their potential value and needs, ensuring that high-value or high-need clients receive priority while still maintaining regular touchpoints with others.

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What is your approach to upselling and cross-selling?

Focus on how your knowledge of client needs and proactive approach to offering additional solutions create opportunities for upselling and cross-selling. Provide examples of successful instances where you’ve identified these opportunities and effectively implemented them.

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How do you stay updated on industry trends and ensure that your strategies align with market demands?

Emphasize the importance of continuous learning. Discuss your methods for staying informed—through webinars, industry publications, and networking—and how you apply this information to your account strategies, ensuring they remain relevant and competitive.

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What do you consider to be the key factors in building long-term relationships with healthcare clients?

Highlight the importance of trust, open communication, understanding your client's evolving needs, and consistent delivery of value. Describe how you proactively keep clients informed about new offerings and ensure that their feedback is incorporated into your strategies.

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Iodine Software is a healthcare AI company that offers a machine learning approach to help healthcare finance leaders build organizations. Founded in 2010, Iodine's technology unifies clinical concepts, evidence-based medicine, and deep machine le...

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Full-time, remote
DATE POSTED
December 18, 2024

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