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Sr. Account Executive, Merchant Services

Sr. Account Executive, Merchant Services 

Who We Are
Solera is a global leader in data and software services that strives to transform every touchpoint of the vehicle lifecycle into a connected digital experience. In addition, we provide products and services to protect life’s other most important assets: our homes and digital identities. Today, Solera processes over 300 million digital transactions annually for approximately 235,000 partners and customers in more than 90 countries. Our 6,500 team members foster an uncommon, innovative culture and are dedicated to successfully bringing the future to bear today through cognitive answers, insights, algorithms and automation.  For more information, please visit solera.com. 

The Role
Solera Merchant Services is a rapidly expanding Merchant Services Processing Company committed to revolutionizing payment solutions for Solera businesses. Our mission is to assist merchants in reducing costs, streamlining transactions, and expanding their enterprises through cutting-edge payment processing technology. As a Senior Account Executive at Solera Merchant Services, you will play a crucial role in driving our growth by acquiring new clients and promoting our advanced payment solutions. This position is ideal for a highly motivated individual eager to tap into a vibrant market, leverage their sales expertise, and directly impact our bottom line.

What You’ll Do

  • Proactively identify and engage potential clients who require sophisticated payment processing solutions.
  • Present and sell our comprehensive suite of services, including the latest credit card terminals and innovative online payment solutions.
  • Educate business owners on the benefits of optimizing their payment processing systems to reduce costs and enhance operational efficiency.
  • Efficiently manage your sales pipeline, ensure accurate tracking of sales activities, and performance metrics using our CRM system.
  • Tailor our offerings to meet the unique needs of each business, from initial contact through to closing deals and securing long-term client relationships.

What You'll Bring

    • Experienced in Sales: You bring a solid background in B2B sales, preferably within merchant services or financial services. However, ambitious candidates with other sales experience looking to transition into financial services are also encouraged to apply.
    • Driven and Self-Motivated: You are adept at navigating an uncapped commission environment, motivated by the opportunity to significantly boost your earnings.
    • Skilled Communicator: You excel in building rapport and can articulate complex solutions clearly and persuasively to business owners.
    • Goal-Oriented: You are not just meeting but exceeding sales goals, thriving under the challenge of setting new benchmarks for success.

     What We Offer: 

    • Competitive salary and commission structure. 
    • Comprehensive benefits package, including health, dental, and retirement plans. 
    • Opportunities for professional development and career advancement. 
    • A collaborative and supportive work environment. 
    • If you are passionate about building relationships, driving sales, and making a meaningful impact, we encourage you to apply for this exciting opportunity to join our National Accounts team! 

    It is impossible to list every requirement for, or responsibility of, any position.  Similarly, we cannot identify all the skills a position may require since job responsibilities and the Company’s needs may change over time.  Therefore, the above job description is not comprehensive or exhaustive.   The Company reserves the right to adjust, add to or eliminate any aspect of the above description.  The Company also retains the right to require all employees to undertake additional or different job responsibilities when necessary to meet business needs.

    EQUAL OPPORTUNITY EMPLOYER
    SOLERA HOLDINGS, INC., AND ITS US SUBSIDIARIES (TOGETHER, SOLERA) IS AN EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER. THE FIRM'S POLICY IS NOT TO DISCRIMINATE AGAINST ANY APPLICANT OR EMPLOYEE BASED ON RACE, COLOR, RELIGION, NATIONAL ORIGIN, GENDER, AGE, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, MARITAL STATUS, MENTAL OR PHYSICAL DISABILITY, AND GENETIC INFORMATION, OR ANY OTHER BASIS PROTECTED BY APPLICABLE LAW. THE FIRM ALSO PROHIBITS HARASSMENT OF APPLICANTS OR EMPLOYEES BASED ON ANY OF THESE PROTECTED CATEGORIES.

    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 Sr. Account Executive, Merchant Services, Solera

    Join us at Solera as a Sr. Account Executive in Merchant Services, where you can make a significant impact by revolutionizing payment solutions for businesses! At Solera, we're not just a leader in data and software services; we're about transforming the vehicle lifecycle and protecting vital assets like homes and digital identities. With over 300 million digital transactions processed annually, our innovative culture thrives thanks to our dedicated team of 6,500 members. Now, we are on the lookout for a talented Sr. Account Executive to help us grow in a rapidly expanding market. You will proactively identify and engage potential clients, presenting our comprehensive suite of merchant services, from credit card terminals to innovative online payment solutions. If you’re driven, skilled at building relationships, and have a passion for sales, this is the perfect role for you. You’ll manage your sales pipeline effectively, tailoring solutions to meet each client’s unique needs, and using our CRM system to track your success. This role isn't just about meeting targets; it's about setting new benchmarks and driving the company forward. With a competitive salary, commissions, and opportunities for professional growth in a collaborative environment, your contributions will be valued. Ready for the challenge? Let’s transform the payment processing industry together at Solera!

    Frequently Asked Questions (FAQs) for Sr. Account Executive, Merchant Services Role at Solera
    What are the responsibilities of a Sr. Account Executive at Solera?

    As a Sr. Account Executive at Solera, your primary responsibilities include identifying potential clients who need advanced payment processing solutions, presenting our suite of services, and managing your sales pipeline using our CRM. You'll educate business owners about optimizing their payment systems to lower costs and boost efficiency, while building long-term relationships.

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    What qualifications are needed for the Sr. Account Executive position at Solera?

    To qualify for the Sr. Account Executive position at Solera, you should bring a strong background in B2B sales, preferably in merchant services or financial services. However, adaptable candidates from other sales backgrounds who aim to transition into financial services are also encouraged to apply. Strong communication skills and a goal-oriented mindset are vital for this role.

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    How does Solera support professional development for Sr. Account Executives?

    Solera is committed to your professional growth, offering opportunities for career advancement and skill development. As a Sr. Account Executive, you will engage in a dynamic work environment that encourages learning and supports your ambitions, ensuring you have the tools to excel in your role.

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    What type of work environment does Solera provide for Sr. Account Executives?

    At Solera, we foster a collaborative and supportive work environment where Sr. Account Executives can thrive. With a team-oriented culture, you’ll find ample opportunities to share ideas, progress together, and celebrate success as we drive innovative payment solutions forward.

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    What kind of compensation and benefits does Solera offer to Sr. Account Executives?

    Solera offers a competitive salary and commission structure for Sr. Account Executives, along with a comprehensive benefits package that includes health, dental, and retirement plans. We value our team and recognize the importance of rewarding your hard work and dedication.

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    Common Interview Questions for Sr. Account Executive, Merchant Services
    Can you describe your experience in B2B sales relevant to the Sr. Account Executive role?

    When answering, discuss your specific B2B sales experiences, mentioning the industries you've worked in and any measurable achievements. Highlight your understanding of the sales cycle and how you've overcome challenges to close deals.

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    How do you build relationships with clients as a Sr. Account Executive?

    Share your methods for building rapport with clients, such as active listening, identifying their needs, and providing tailored solutions. It’s also beneficial to mention your follow-up strategies and maintaining long-term connections.

    Join Rise to see the full answer
    What strategies do you use for managing your sales pipeline effectively?

    Outline your approach to managing a sales pipeline, including using CRM tools for tracking activities, regular reviewing of prospects, and setting specific goals for follow-ups. Discuss any specific metrics you prioritize to measure success.

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    How do you stay motivated in a commission-based environment?

    Discuss what personally drives you, whether it's achieving targets, the financial benefits of commissions, or the satisfaction derived from closing deals. Mention any techniques you employ to maintain motivation during challenging periods.

    Join Rise to see the full answer
    What methods do you employ for effective presentations to prospective clients?

    Explain your preparation process before client meetings. Detail how you tailor your presentations to address specific client pain points, using relevant case studies or data to make a compelling case for your payment solutions.

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    Tell me about a time you exceeded sales goals as a Sr. Account Executive.

    Provide a specific example of a target you surpassed, explaining the strategies you implemented and the outcome. This showcases your sales acumen and ability to perform under pressure.

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    How do you handle rejection in sales?

    Discuss how you view rejection as an opportunity for growth. Share your strategies for learning from each experience and how you maintain a positive mindset to keep pursuing new leads.

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    What experience do you have with payment processing solutions?

    Detail your familiarity with payment processing systems. Talk about any specific technologies or solutions you’ve marketed or sold, and their impact on businesses' operational efficiencies.

    Join Rise to see the full answer
    Why do you want to work for Solera as a Sr. Account Executive?

    Personalize your response by aligning Solera’s mission and values with your career goals. Discuss your passion for innovative solutions in payment processing and the significance of making a meaningful impact in this field.

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    How would you approach educating clients about optimizing their payment systems?

    Describe your process for educating clients, emphasizing understanding their current systems, assessing their needs, and providing tailored recommendations. Mention any experiences where you've successfully implemented such educational processes.

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    Diversity of Opinions
    Work/Life Harmony
    Transparent & Candid
    Growth & Learning
    Fast-Paced
    Collaboration over Competition
    Take Risks
    Friends Outside of Work
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    Mental Health Resources
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    Paternity Leave
    Fully Distributed
    Flex-Friendly
    Some Meals Provided
    Snacks
    Social Gatherings
    Pet Friendly
    Company Retreats
    Dental Insurance
    Life insurance
    Health Savings Account (HSA)
    MATCH
    VIEW MATCH
    FUNDING
    SENIORITY LEVEL REQUIREMENT
    TEAM SIZE
    No info
    HQ LOCATION
    No info
    EMPLOYMENT TYPE
    Full-time, on-site
    DATE POSTED
    March 31, 2025

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