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Senior Account Executive, Insurance

Company Description

Nearmap is unique. A global technology company with incredible people; a market-leader with energy and spirit. Nearmap was named as one of the world’s 10 Most Innovative Companies of 2020 by Fast Company magazine – and we are growing!

What we do
We provide easy, instant access to high-resolution aerial imagery, city-scale 3D content, AI datasets and integrated geospatial tools, with wide-scale coverage across the USA, Canada, Australia and New Zealand. At the core of it, we are a location content company, a visual analytics company, and a software as a service company. Innovation is weaved into our DNA.

Job Description

Nearmap is seeking a tenacious and energetic Senior Account Executive to join our growing Insurance vertical.  As an AE Insurance you will manage all insurance accounts in your region and identify new opportunities for growth.  You will also be responsible for prospecting into new insurance accounts in your region.  You will be focused on managing the relationships and teaching our customers new ways to use location based content to make their work processes more effective. 

Key Responsibilities

Prospecting

  • Treat customers, prospects, and colleagues with respect, integrity, and decency.
  • High volume prospecting of Insurance prospects through cold-calling, digital and online prospecting techniques, and on-site visits where requested or required.
  • Attend trade-shows, events, trainings, etc. periodically throughout the NY metro area.
  • Strategically work with Sales Development Reps to formulate territory plans with measurable objectives, key targets, conversion rates, org structures, etc.
  • Manage all opportunities in Salesforce, keep accurate notes, next steps, customer interactions, and update the Sales Forecast, at minimum weekly.
  • Organize and present weekly status reports of deal progression needs analysis, and projections within territory with management.
  • Work the village! Strategically map your opportunity’s use case and needs to our key executives by knowing when and how to leverage them in your opportunity.  
  • Ensure all customer inquiries are dealt with quickly and effectively.
  • Start your day  on time and ready to engage daily in conversations with customers, prospects, and within team settings to solve challenges in the business by demonstrating a willingness to assist others and live Nearmap’s core values

Mid-Market - Enterprise Sales Cycles

  • Leverage an effective sales process to build pipeline, qualify opportunities, build relationships with key decision makers and link prospect business needs and goals with Nearmap solutions
  • Facilitate communications with other team members to solve unique customer business challenges
  • Develop solution/Value proposition, negotiate terms and close business
  • Develop quarterly sales plan to generate the business required to achieve or exceed quota
  • Achieve weekly, monthly and quarterly revenue targets
  • Provide timely and accurate forecasts with clear visibility on sales performance by ensuring accuracy and timeliness of data use and entry into CRM (Salesforce)

Teamwork

  • Assist in formulating company policies for the Sales Team
  • Brainstorm and share your insights and success with teammates
  • Embrace constructive feedback from your manager and peers
  • Engage in team development
  • Provide advice, guidance and coaching to team members to ensure achievement of team/business goals

 

Qualifications

    Key Requirements

    • 4+ years experience in an inbound/outbound sales role, ideally software or SaaS. 
    • Bachelors degree in business, or equivalent business experience. 
    • Experience and knowledge of P&C Insurance vertical required. 
    • Extensive and proven new business generation experience, with a track record of self-generated opportunities, closing deals, and crushing quota.
    • Demonstrate strategic solution selling experience, a hunger to close deals, and a strong desire to be a top performer.
    • Change is inevitable, especially in a fast-paced, growing SaaS company.  The ability to adapt, pivot, and shift directions should unexpected events arise is critical.
    • Tenacious, positive and energetic self-starter who is results-driven and possess strong emotional intelligence. 
    • High levels of personal motivation and professionalism. 

    Ability and willingness to travel. 

    Additional Information

    Some of our benefits
    Nearmap takes a holistic approach to our employees’ emotional, physical and financial wellness. Our current benefits include access to the Nearmap employee share scheme, short and long-term financial incentives, flexible working options, paid volunteer days, gym and phone rebates, and lots of development opportunities including hack-a-thons and pitch-fests.

    Working at Nearmap
    We move fast and work smart; often wearing multiple hats. We adapted to remote working with ease and are continually looking at ways to improve. We’re proud of our inclusive, supportive culture, and maintain a safe environment where everyone feels a sense of belonging and can be themselves.

    If you can see yourself working at Nearmap and feel you have the right level of experience, we invite you to get in touch. 

    Watch our culture video below to find out more about what a day in the life at Nearmap looks like.

    Nearmap does not accept unsolicited resumes from recruitment agencies and search firms. Please do not email or send unsolicited resumes to any Nearmap employee, location or address. Nearmap is not responsible for any fees related to unsolicited resumes.

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    Average salary estimate

    $100000 / YEARLY (est.)
    min
    max
    $80000K
    $120000K

    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 Senior Account Executive, Insurance, nearmap

    Join the dynamic team at Nearmap as a Senior Account Executive in the thriving Insurance vertical! At Nearmap, we pride ourselves on being a global technology leader providing cutting-edge aerial imagery and geospatial tools. In this role, you'll harness your tenacity and energy to manage and grow our insurance accounts while prospecting for new opportunities in your region. You’ll connect with customers, teaching them how to leverage our innovative location-based content to enhance their work processes. Your responsibilities will include high-volume prospecting through calls and digital outreach, attending trade shows, and collaborating with Sales Development Reps to create strategic territory plans. You’ll be engaged in maintaining accurate Salesforce records, managing all customer interactions, and ensuring prompt resolution of inquiries. With a focus on mid-market to enterprise sales cycles, you’ll employ effective sales processes to qualify leads, foster relationships with key decision-makers, and close deals that deliver value. Your adaptability in our fast-paced environment will be crucial, and your contributions will help shape our sales policies and foster teamwork, all while you enjoy our supportive culture and comprehensive benefits like flexible working options, incentives, and development opportunities. If you’re driven, results-oriented, and excited about innovation, Nearmap is the place for you!

    Frequently Asked Questions (FAQs) for Senior Account Executive, Insurance Role at nearmap
    What responsibilities does a Senior Account Executive at Nearmap have?

    As a Senior Account Executive at Nearmap, you will be managing insurance accounts while identifying new opportunities for growth. Your key responsibilities will include conducting high-volume prospecting, maintaining Salesforce records, and ensuring customer inquiries are managed promptly, all while leveraging Nearmap's innovative solutions to enhance client relationships.

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    What qualifications do I need to apply for the Senior Account Executive position at Nearmap?

    To be a successful Senior Account Executive at Nearmap, applicants should have at least 4 years of experience in a sales role, ideally within software or SaaS. Additionally, experience within the P&C Insurance vertical is crucial, as is a record of self-generated business opportunities and a strong strategic sales acumen.

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    How does Nearmap support its employees in their roles?

    Nearmap supports its employees through a range of benefits focused on emotional, physical, and financial wellness. Employees have access to an employee share scheme, flexible working options, paid volunteer days, and opportunities for personal development through various programs and initiatives, ensuring a holistic work environment.

    Join Rise to see the full answer
    What should I expect during the interview process for a Senior Account Executive at Nearmap?

    The interview process for a Senior Account Executive at Nearmap will likely involve discussions around your sales experience, particularly in the SaaS and insurance sectors. Expect to cover your prospecting strategies, past successes in closing deals, and how you foster client relationships while showcasing your adaptability in a fast-paced environment.

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    Can you describe the company culture at Nearmap?

    Nearmap prides itself on an inclusive and supportive culture where employees feel a sense of belonging. We move fast and work smart, embracing challenges and constantly looking for improvements. Teamwork and constructive feedback are emphasized, ensuring every team member has the tools and support needed to thrive.

    Join Rise to see the full answer
    What sales tools or processes does Nearmap use for managing customer accounts?

    Nearmap utilizes Salesforce as its primary CRM tool for managing customer accounts and tracking sales performance. You'll be expected to maintain accurate records, monitor deal progression, and provide timely forecasts to ensure effective account management and workflow efficiency.

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    What areas will the Senior Account Executive focus on in their sales efforts?

    In your role as a Senior Account Executive at Nearmap, the focus will be on managing and expanding insurance accounts throughout your designated region. You'll also be responsible for prospecting new insurance clients, utilizing strategic sales techniques to connect with decision-makers and meet their unique business needs.

    Join Rise to see the full answer
    Common Interview Questions for Senior Account Executive, Insurance
    Can you share your experience in dealing with insurance accounts as a Senior Account Executive?

    In answering this question, focus on specific examples of your success in managing insurance accounts, including the strategies you used for prospecting and nurturing relationships. Highlight your ability to understand client needs and how you've effectively tailored the solutions to drive value.

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    What sales techniques do you find most effective for high-volume prospecting?

    Discuss techniques such as cold calling, email outreach, and social selling that you find effective. Provide concrete examples of how these methods have led to successful client engagement and closed deals, emphasizing the importance of persistence and follow-up.

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    How do you prioritize and manage your sales pipeline?

    Explain your approach to prioritizing leads based on their potential value, urgency, and the proximity to closing. Share tools or systems you've used to track progress and how you adjust your strategies in response to changing market conditions or client needs.

    Join Rise to see the full answer
    Describe a challenging sales situation and how you handled it.

    Use this question as an opportunity to demonstrate your problem-solving skills. Describe the challenge, your thought process, and the steps you took to resolve it. Focus on the outcome and what you learned from the experience.

    Join Rise to see the full answer
    How do you ensure customer satisfaction in your sales approach?

    Talk about your commitment to understanding customer needs and maintaining open lines of communication. Discuss how you follow up with clients post-sale to ensure they are satisfied with the solutions provided and how you address any issues that arise promptly.

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    What role does team collaboration play in your success?

    Emphasize the importance of teamwork in a sales environment. Discuss how you collaborate with colleagues, share insights, and leverage each other's strengths to drive sales success. Provide examples of times when teamwork has led to improved results.

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    What motivates you as a Senior Account Executive?

    Share what drives you in sales—whether it's achieving targets, helping customers succeed, or the thrill of the hunt. Discuss how these motivators influence your performance and contribute to your ability to close deals.

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    How do you adapt to change in a fast-paced SaaS environment?

    Describe your ability to pivot strategies and embrace new challenges as they arise. Provide examples of how you've successfully adjusted your approach due to market shifts, customer feedback, or internal changes and what you learned from those experiences.

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    Why do you want to work with Nearmap as a Senior Account Executive?

    Focus on your alignment with Nearmap's values and mission. Discuss what excites you about their innovative products and culture, and how you see yourself contributing to their continued success in the insurance vertical.

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    Can you explain your understanding of the P&C Insurance vertical?

    Demonstrate your knowledge of the P&C Insurance industry, including current trends, challenges, and opportunities. Explain how your experience relates to this sector and how it positions you to address the needs of insurance clients effectively.

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    Nearmap is a location content company helping organisations do their jobs by letting them see what is on the ground now, in great detail, and how it has changed over time. Using Nearmap, businesses can make more informed decisions and save time ...

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    DATE POSTED
    November 28, 2024

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