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Associate Vertical Account Manager, Insurance (Remote - USA Wide)

About the Business:

LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Insurance division, we provide customers with solutions and decision tools that combine public and industry specific content with advanced technology and analytics to assist them in evaluating and predicting risk and enhancing operational efficiency. Our insurance risk solutions help drive better data-driven decisions across the insurance policy lifecycle – all while reducing risk. You can learn more about LexisNexis Risk at the link below. https://risk.lexisnexis.com/insurance

About our team:

Are you looking to join an industry-leading sales organization? Our Claims Insurance team works with claims teams within insurance carriers to provide tools and solutions to help better understand the market and manage risk.

About the Job:

The Associate Vertical Account Manager exists to acquire and grow revenue within established enterprise sales accounts using a total solution strategic approach.

You'll Be Responsible For:

  • Evaluating existing relationships and identifying if there are any growth opportunities within selected solution set. 
  • Manage customer roadmap retention plans/actions to ensure protection of base revenue.
  • Establishing and maintaining excellent customer relationships at all levels. Acting as liaison between sales support and our customers in order to provide superior service and solutions.
  • Meeting or exceeding quarterly and annual revenue objectives. Oversee all forecasting activities.
  • Demonstrating a clear understanding of select Insurance products and solutions to effectively present them to customers and articulate the value they can expect from using them. 
  • Providing excellent customer service by effectively managing customer objections, setting realistic expectations, successfully negotiating pricing and contracts and closing sales.

Qualifications:

  • Prior experience working in Property & Casualty Claims is ideal.
  • Bachelor's degree or comparable work experience.
  • Prior sales or account management experience.
  • Demonstrated experience successfully building client relationships.
  • Excellent project management and analytical skills.
  • Travel is required for this position up to 30%.

Learn more about the LexisNexis Risk team and our culture here.

We know that your wellbeing and happiness are key to a long and successful career. These are some of the benefits we are delighted to offer:

● Health Benefits: Comprehensive, multi-carrier program for medical, dental and vision benefits.

● Retirement Benefits: 401(k) with match and an Employee Share Purchase Plan. ● Wellbeing: Wellness platform with incentives, Headspace app subscription, Employee Assistance and Time-off Programs.

● Short-and-Long Term Disability, Life and Accidental Death Insurance, Critical Illness, and Hospital Indemnity.

● Family Benefits, including bonding and family care leaves, adoption and surrogacy benefits.

● Health Savings, Health Care, Dependent Care and Commuter Spending Accounts.

● In addition to annual Paid Time Off, we offer up to two days of paid leave each to participate in Employee Resource Groups and to volunteer with your charity of choice.

Application deadline is 4/30/2025.

Position is eligible for base salary plus a variable component. Commissions uncapped.

The salary range provided in this posting is the base salary range for Hawaii and Colorado: $80,000-85,000 USD

The salary range provided in this posting is the base salary range for Maryland and Washington: $80,000-85,000 USD

The salary range provided in this posting is the base salary range for California and Washington DC: $80,000-85,000 USD

The salary range provided in this posting is the base salary range for New York and New Jersey: $80,000-85,000 USD

At LexisNexis Risk Solutions, having diverse employees with different perspectives is key to creating innovative new products for our global customers. We have 30 diversity employee networks globally and prioritize inclusive leadership and equitable processes as part of our culture. Our aim is for every employee to be the best version of themselves. We would actively welcome applications from candidates of diverse backgrounds and underrepresented groups. 

We are an equal opportunity employer: qualified applicants are considered for and treated during employment without regard to race, color, creed, religion, sex, national origin, citizenship status, disability status, protected veteran status, age, marital status, sexual orientation, gender identity, genetic information, or any other characteristic protected by law. We are committed to providing a fair and accessible hiring process. If you have a disability or other need that requires accommodation or adjustment, please let us know by completing our Applicant Request Support Form: https://forms.office.com/r/eVgFxjLmAK , or please contact 1-855-833-5120.

Please read our Candidate Privacy Policy.

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What You Should Know About Associate Vertical Account Manager, Insurance (Remote - USA Wide), Renishaw

At LexisNexis Risk Solutions, we're excited to invite applications for the role of Associate Vertical Account Manager in our Insurance division. As part of this dynamic team, you'll harness your skills to support our clients in navigating the exciting yet complex world of insurance. Your primary focus will be on establishing and nurturing relationships with existing enterprise accounts, leveraging your understanding of insurance products to uncover growth opportunities while ensuring customer satisfaction. You’ll act as a vital liaison between our sales support team and customers, ensuring that they are informed and satisfied every step of the way. As you meet and exceed revenue targets, you'll manage customer retention plans, forecast sales activities, and resolve any customer objections that arise along the way. Your experience in Property & Casualty Claims, combined with excellent project management skills, will be essential in presenting our innovative solutions and articulating the unique value they bring. The role does require some travel across the USA, but the flexibility of remote work allows you to thrive in a supportive environment focused on your career growth. With comprehensive benefits ranging from health and retirement to wellness programs, LexisNexis Risk Solutions is committed to fostering a fulfilling work-life balance. If you're ready to make a significant impact in a leading insurance sales organization, we want to hear from you!

Frequently Asked Questions (FAQs) for Associate Vertical Account Manager, Insurance (Remote - USA Wide) Role at Renishaw
What are the primary responsibilities of an Associate Vertical Account Manager at LexisNexis Risk Solutions?

As an Associate Vertical Account Manager at LexisNexis Risk Solutions, you will primarily be focused on acquiring and growing revenue within established enterprise accounts. This involves evaluating existing relationships for growth opportunities, managing customer retention strategies, establishing strong customer connections, and meeting quarterly and annual revenue objectives. Your role will also require you to demonstrate a comprehensive understanding of our insurance products and effectively communicate their value to clients.

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What qualifications do I need to apply for the Associate Vertical Account Manager position at LexisNexis Risk Solutions?

To apply for the Associate Vertical Account Manager position at LexisNexis Risk Solutions, candidates should ideally have prior experience working in Property & Casualty Claims along with a bachelor’s degree or comparable work experience. Additionally, prior sales or account management experience is highly beneficial. You should also possess excellent project management and analytical skills to be successful in this role.

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How does the compensation structure work for the Associate Vertical Account Manager at LexisNexis Risk Solutions?

The compensation structure for the Associate Vertical Account Manager position at LexisNexis Risk Solutions includes a competitive base salary in addition to a variable component based on performance. Commissions are uncapped, allowing strong performers the potential to earn significantly more based on their achievements relative to established revenue objectives.

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Is travel required for the Associate Vertical Account Manager position at LexisNexis Risk Solutions?

Yes, travel is a requirement for the Associate Vertical Account Manager role at LexisNexis Risk Solutions. It is expected that you may travel up to 30% of the time to meet with customers, attend industry events, and fulfill the role's responsibilities effectively, all while enjoying the flexibility of remote work.

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What kind of training and support can I expect as an Associate Vertical Account Manager at LexisNexis Risk Solutions?

At LexisNexis Risk Solutions, new Associate Vertical Account Managers can expect comprehensive onboarding and ongoing training. The company places great emphasis on employee development through mentorship programs, access to learning resources, and regular training sessions, ensuring you feel supported in your role and can excel in building client relationships and selling our solutions.

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Common Interview Questions for Associate Vertical Account Manager, Insurance (Remote - USA Wide)
What experience do you have in Property & Casualty Claims that prepares you for this role?

In answering this question, focus on specific experiences from your background in Property & Casualty Claims that showcase your understanding of the insurance industry. Highlight how this experience has equipped you with insights into customer needs and challenges, which you can leverage as an Associate Vertical Account Manager at LexisNexis Risk Solutions.

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Can you describe a time when you exceeded sales targets in your previous roles?

Provide a detailed example of a specific sales target you exceeded, the strategies you used to achieve this, and the overall impact it had on the company. Be sure to connect your experience to the responsibilities of the Associate Vertical Account Manager position.

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How do you prioritize and manage your accounts and sales activities?

Discuss your approach to prioritizing accounts based on factors like revenue potential and relationship strength. Explain how you utilize tools and techniques such as CRM software to track activities, follow-ups, and performance metrics while maintaining exceptional customer relationships.

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What strategies would you employ to identify growth opportunities within existing accounts?

Articulate strategies such as conducting regular business reviews, gathering customer feedback, and analyzing usage patterns with our solutions to identify additional needs. Emphasize how you would use these insights to propose value-added services or products to clients.

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How do you handle objections from customers during a sales conversation?

Provide an example where you successfully managed a customer objection. Discuss your approach, such as empathetic listening, understanding the underlying concerns, and responding with facts and solutions that align with the customer's needs, showcasing your problem-solving capabilities.

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Why do you want to work for LexisNexis Risk Solutions as an Associate Vertical Account Manager?

Reflect on your understanding of LexisNexis Risk Solutions' mission and values, and how they align with your own. Share your enthusiasm for being part of an innovative company in the insurance sector, particularly emphasizing your interest in helping customers make data-driven decisions.

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How do you stay updated on industry trends and competitive landscapes?

Discuss your commitment to professional development and continuous learning. Share specific resources like webinars, industry publications, and networking events you engage with to stay informed about insurance trends and competitor strategies, ensuring you're grounded in market knowledge.

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Describe a successful project or initiative you managed in a previous role.

Choose a project that demonstrates your leadership and project management skills. Outline the project's objectives, your role in coordinating efforts, the approach taken, and the outcomes achieved, linking this to potential initiatives you could lead as an Associate Vertical Account Manager.

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What role does teamwork play in your success as a sales professional?

Emphasize the importance of collaboration in achieving sales goals. Provide examples of past team experiences, how you fostered communication and support among team members, and how this led to success in meeting client needs and sales targets.

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How would you manage time effectively while working remotely as an Associate Vertical Account Manager?

Discuss techniques you use for effective time management, such as setting daily priorities, utilizing digital tools for task management, and implementing a structured schedule to maintain productivity, all while ensuring responsiveness to customer needs.

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DATE POSTED
March 31, 2025

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