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Senior Account Executive


PayZen is on a mission to bring financial health to healthcare. Our products improve both access and affordability for patients and cash flow & administrative complexity for medical providers. We are trusted by a rapidly growing number of health systems, hospitals, and physician groups and are backed by leading venture capital investors, including NEA, SignalFire, Viola Group, and 7Wire Ventures.


We are looking for a talented Senior Account Executive to sell PayZen’s patient affordability suite to health systems, hospitals and physician groups.  You will play a critical role in identifying, managing, and closing new opportunities to drive revenue growth.


What you will do
  • Own an assigned territory focused on closing new logos
  • Source and develop new pipeline opportunities working closely with Marketing & Demand Generation
  • Articulate the value prop of PayZen’s affordability suite to target accounts
  • Collaborate with the analytical and implementation teams to deliver an account specific proposal and customized ROIs to prospective clients
  • Tightly manage the decision making processes with multiple stakeholders (different functions & levels of seniority)
  • Deliver clear and realistic updates on pipeline forecast as input for planning
  • Travel, when appropriate, for client visits, presentations, and events


What you will bring
  • 5+ years experience selling SaaS solutions
  • Previous experience selling Revenue Cycle Management solutions
  • Prior experience selling to hospital systems, hospitals, and physician groups is a plus
  • Gravitas and communication skills to engage senior executives
  • Comfortable working on a small team in a dynamic startup environment
  • Collaborative team player excited to work on complex problems


$93,000 - $110,000 a year
The estimated base salary range for this role is $93-$110K. However, because this role is eligible to participate in PayZen’s commission plan, it is common for employees in this role to receive total on-target earnings of $186-$220K.

Average salary estimate

$101500 / YEARLY (est.)
min
max
$93000K
$110000K

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, Payzen Inc.

PayZen is excited to find an enthusiastic Senior Account Executive to join our team and help us transform the financial health of healthcare. If you thrive in a dynamic startup environment and you have a knack for building relationships while driving revenue, we want you! At PayZen, our cutting-edge solutions not only enhance access and affordability for patients but also streamline cash flow and reduce administrative complexities for healthcare providers. In this role, you will own an assigned territory where you will focus on closing new logos, specifically targeting health systems, hospitals, and physician groups. Your success will hinge on your ability to source and develop new pipeline opportunities, collaborating closely with our talented Marketing & Demand Generation teams. The role will require you to articulate clearly the unique value of our patient affordability suite to potential clients, ensuring you tailor your approach to meet their specific needs. You will work alongside our analytical and implementation teams to create personalized proposals and ROI analyses that resonate with stakeholders. With 5+ years of experience selling SaaS solutions and familiarity with Revenue Cycle Management, you'll possess the confidence and gravitas to engage senior executives effectively. This role comes with a competitive salary range of $93,000 to $110,000, and includes commission opportunities that can elevate your total earnings between $186,000 and $220,000. Join us in revolutionizing healthcare financing!

Frequently Asked Questions (FAQs) for Senior Account Executive Role at Payzen Inc.
What are the main responsibilities of a Senior Account Executive at PayZen?

As a Senior Account Executive at PayZen, your primary responsibilities include owning an assigned territory to close new logos, sourcing and developing pipeline opportunities, articulating the value proposition of our patient affordability suite, and collaborating with both analytical and implementation teams to create tailored proposals. You will also need to effectively manage various decision-making processes involving multiple stakeholders across different functions.

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What qualifications do I need to be a Senior Account Executive at PayZen?

To qualify for the Senior Account Executive position at PayZen, candidates should have at least 5 years of experience in selling SaaS solutions, along with expertise in Revenue Cycle Management solutions. Experience working directly with hospital systems, hospitals, and physician groups is preferred. Strong communication skills and the ability to engage senior executives are essential, as is a collaborative mindset for working in a dynamic startup environment.

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How does the commission structure work for a Senior Account Executive at PayZen?

The Senior Account Executive role at PayZen includes a commission plan that allows for significant potential earnings. While the base salary ranges from $93,000 to $110,000, successful team members typically have total on-target earnings between $186,000 and $220,000. Your performance in driving revenue growth will directly impact your earning potential.

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What skills are important for a Senior Account Executive at PayZen?

Important skills for the Senior Account Executive role at PayZen include exceptional communication abilities to effectively engage with senior-level executives, a deep understanding of SaaS sales processes, and experience in managing complex sales cycles. Additionally, strong collaboration skills and a problem-solving mindset are critical for working with cross-functional teams and addressing client needs effectively.

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Does PayZen offer remote opportunities for the Senior Account Executive position?

Yes, the Senior Account Executive position at PayZen is fully remote, allowing you to work from any location within the U.S. This flexibility enables you to manage client meetings and collaboration with your team without the constraints of a physical office, providing a better work-life balance while still being an integral part of our mission to enhance financial health in healthcare.

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Common Interview Questions for Senior Account Executive
Can you describe your experience with SaaS sales related to healthcare?

When answering this question, highlight specific instances where you successfully sold SaaS products in healthcare. Discuss the strategies used, your understanding of healthcare systems' challenges, and how your solutions added value. Be sure to mention the outcomes achieved.

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What strategies do you use to identify new sales opportunities?

To effectively answer, describe your process for researching potential clients, utilizing data analytics, and leveraging your network. Emphasize how you collaborate with marketing teams to align your outreach tactics and follow up on leads, demonstrating a proactive approach to sales opportunities.

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How do you handle objections from potential clients?

Discuss how you listen actively to clients' concerns, validate their feelings, and respond with well-researched information. Share examples of objections you’ve addressed in the past and demonstrate your approach to turning objections into opportunities.

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What is your approach to building relationships with stakeholders in a healthcare organization?

Highlight the significance of establishing trust and credibility. Discuss how you identify key stakeholders, engage them through meaningful dialogue, and provide tailored solutions that address their unique needs, ultimately fostering long-term relationships.

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Could you provide an example of a successful sales proposal you created?

Here, you should provide a detailed example of a sales proposal you crafted. Discuss the research, strategic elements, and how you customized the proposal to meet the potential client's needs, including the positive feedback or outcomes from that proposal.

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How do you prioritize your tasks when managing multiple clients?

You can speak to the importance of organization and time management. Discuss methods like using CRM tools for tracking, setting deadlines, and using key metrics to prioritize your tasks based on urgency and potential revenue impact.

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What role does collaboration play in your sales process?

Emphasize that collaboration is critical in gathering insights from marketing, implementation, and analytical teams. Share examples of how working with others has resulted in successful client engagements and benefitted project outcomes.

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Describe a challenging sale you closed and how you achieved it.

This is your opportunity to illustrate problem-solving skills. Share a specific challenge, discuss the hurdles you faced, the strategic steps you took, and the ultimate success that resulted from your perseverance.

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What is your understanding of PayZen’s products and how do they benefit healthcare providers?

Research PayZen’s offerings beforehand and articulate how their patient affordability suite enhances financial health for patients and improves cash flow for healthcare providers. Discuss the unique selling points and benefits that differentiate PayZen from competitors.

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Why do you want to work at PayZen?

This is your chance to express genuine interest in the company’s mission to improve financial health in healthcare. Discuss how your values align with PayZen's goals, and how your background makes you a great fit to contribute to the company's objectives.

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