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Account Executive

Traditional surveys fall short in today’s world. That’s why we built ThoughtExchange, a platform powered by cutting-edge AI that enables leaders to connect with their communities and gain immediate, actionable insights that drive meaningful change.


From school districts to Fortune 500 companies, we empower thousands of leaders with the quality data they need to make a real impact. Our mission drives us, and we’re committed to creating positive change alongside a team of brilliant, diverse, and collaborative individuals. Thanks to these efforts, we’ve been recognized among Best Companies' Group Inclusive Workplaces and named one of Canada’s Top Growing Companies for the past five years.


At ThoughtExchange, we’re reshaping community and employee engagement for good. If you’re passionate about making a difference, we’d love to have you join our journey.


About the Role:


As an Account Executive (AE) at ThoughtExchange, you’ll be the driving force behind new sales opportunities, leveraging your discovery and value-selling expertise to build and close a robust pipeline.  Partnering with a Business Development Representative, you’ll strategically plan your territory, keeping a pulse on K12 Education trends, events and networking opportunities to expand your reach. The ideal candidate is a master at navigating complex procurement processes and bureaucracy to hit their quota consistently. You’ll stay ahead of the curve by researching competitors and staying on top of customer trends. As the face of ThoughtExchange, you’ll also represent the company at key in-person events, building relationships and leading conversations that showcase our unique value.


The base hiring range for this role is $77,500 - $86,500 CAD ($155,00 -173,000 CAD On-Target Earnings). Your specific compensation within this range is determined based on your job-related skills, knowledge, experience, and our internal equity assessment.


What You’ll Do:
  • Create, lead, and close new sales opportunities to achieve assigned quota using strong discovery and value selling skills
  • Build and maintain a pipeline of sales opportunities within an assigned territory; maintain accurate forecast and be able to identify where each opportunity is in the sales cycle
  • Collaborate with Business Development Representative in assigned territory to develop and execute territory planning and lead generation strategy
  • Manage and negotiate deals with clients and navigate complex/bureaucratic procurement processes
  • Keep abreast of Civic events within the territory and develop proposals, presentations and overall event strategy in collaboration with Marketing
  • Represent ThoughtExchange at virtual and in-person public events by networking, facilitating presentations and leading discussions
  • Collaborate closely with Business Development, Account Management, and Customer Success teams to identify & develop customer champions 
  • Research sales competition and keep current on topics within the industry and maintain subject matter expertise in relation to technology and buyer personas
  • Extract table stakes, partnership goals, and measures of success during pre-sale discovery and effectively communicate this to the onboarding team through notes, internal meetings, and ongoing support for 90-day post-sale period
  • Support ThoughtExchange’s Anti-Racism and Diversity, Equity and Inclusion (ADEI) mandate by (at a minimum) being aware of our ADEI commitment and initiatives and completing all required ADEI training


What We’re Looking for:
  • 2+ years of full-cycle sales experience, preferably in the software industry (SaaS) and/or working with K12 Education customers 
  • Proven success in targeted outbound prospecting and pipeline building
  • Excited by the ability to travel and meet clients face-to-face (8-10 times per year)
  • Experience with communicating and engaging with leaders to understand and analyze business objectives
  • Possess peer leadership abilities and has experience collaborating with other teams 
  • Self-directed and self-motivated, requiring minimal supervision in current role
  • Strong presentation and facilitation skills
  • Foundational knowledge of Customer Relationship Management (CRM) Software (ideally Salesforce)


If you don’t see yourself fully reflected in every job requirement listed in the posting above, we still encourage you to reach out, apply, and tell us more about yourself in your application. Research has shown that women and underrepresented groups often only apply when they feel 100% qualified. We are committed to creating a more equitable, inclusive, and diverse company. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientations, and life experiences to apply. 


ThoughtExchange welcomes applications from people with disabilities. Support is available upon request for candidates participating in all aspects of the selection process. Finally, we know from time to time, emergencies happen, and you may need to reschedule an interview - we understand and encourage you to be in communication without worrying about losing the opportunity or your credibility.


What we offer: ThoughtExchange wants to ensure our people are heard, supported, and cared for—so we invest in our employees. We're continuously asking our employees what they need to ensure we're supporting their successes in the workplace and life. We are proud to offer our employees the following:


Benefits & Well-Being: From day one, you’ll receive a benefits package focused on health & wellness that includes a generous time off policy, flexible extended benefits plan options, and company-wide Mental Health days off scheduled through the year. Our benefits package also includes maternity & parental leave top-up programs and access to Maple, Inklebot, and Headspace which support our employees' primary care, mental health, and wellness needs.


Flexibility: We’ve been remote-first for over ten years. We’re contribution-focused and operate on mutual trust because we need you to feel empowered to be your best self. You know the circumstances in which you excel—where you work and how you structure your day.


Ownership: In addition to competitive pay and benefits, employees receive share options when joining the company. Additional options are awarded throughout your ThoughtExchange career based on ongoing contributions to the company.


Culture: We walk the walk when it comes to our product and ensure no important decisions are made without including our employees' perspectives. We value and prioritize everyone’s voice, so we use our anonymous, anti-bias platform to make sure people are comfortable sharing their real thoughts and feedback.


Compensation: We want you to do your best work, and part of that is being happy with your compensation. We pay fairly, considering the complexities of market rates, experience, location, and demand. We believe in pay transparency and pay equity. 


Connection: In addition to remote hubs of employees across Canada and the US and offices in Rossland and Vancouver, we get together as a company every 1-2 years in some pretty cool locations. We also connect virtually as a company every month and celebrate one another in our #gratitude Slack channel. 


Growth: You can join regular Anti-racism, Diversity, Equity & Inclusion (ADEI) and Learning & Development sessions. You also have access to an annual Professional Development stipend & Company Coach to ensure you can grow in your role & advance your career.


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CEO of ThoughtExchange
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Dave MacLeod
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Average salary estimate

$82000 / YEARLY (est.)
min
max
$77500K
$86500K

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 Account Executive, ThoughtExchange

If you're looking to make a real difference with your career, ThoughtExchange is the place for you as an Account Executive! We're on a mission to reshape community engagement with our AI-powered platform, and we're eager to find someone who shares our passion for positive change. As an AE, you'll be at the forefront of driving new sales opportunities, working alongside savvy business development reps to strategically plan your territory. You will tap into trends in K12 education, navigate complex procurement processes, and build essential relationships, all while representing the company at various events. Your insights will not only close deals but also facilitate meaningful conversations that highlight the unique value we bring. With over two years of sales experience, preferably in the software industry, you'll thrive in a role that offers both autonomy and collaboration. Plus, you’ll enjoy a competitive salary range of $77,500 - $86,500 CAD, with the potential for even more based on performance. We believe in including diverse perspectives, so if you feel you’d be an excellent fit, we encourage you to apply even if you don’t meet every single qualification. With our commitment to flexibility and employee growth, you’ll find a community where your voice matters and your career can flourish. Let’s reshape the way communities connect together!

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

An Account Executive at ThoughtExchange is responsible for creating, leading, and closing new sales opportunities while achieving assigned quotas. They work closely with a Business Development Representative to maintain a pipeline of sales opportunities, navigate complex procurement processes, and represent the company at key events. Additionally, AEs are tasked with researching industry trends and competitors, allowing them to effectively communicate our unique value to potential clients.

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What qualifications are needed for the Account Executive position at ThoughtExchange?

To be considered for the Account Executive role at ThoughtExchange, candidates should have at least 2 years of full-cycle sales experience, ideally within the software or K12 education sectors. Strong pipeline-building skills, self-motivation, and excellent communication abilities are essential. Familiarity with CRM software, particularly Salesforce, is also beneficial. ThoughtExchange values diverse experiences, so even if you don't meet every requirement, we encourage you to apply.

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How does ThoughtExchange support diversity and inclusion for Account Executives?

At ThoughtExchange, promoting diversity, equity, and inclusion is core to our values. We encourage applicants from various backgrounds to apply, and we actively facilitate training and development programs around Anti-Racism and Diversity, Equity, and Inclusion. Our inclusive culture creates an environment where everyone can share their perspectives and contribute to meaningful conversations, ensuring every team member feels valued.

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What does the training process look like for new Account Executives at ThoughtExchange?

New Account Executives at ThoughtExchange receive comprehensive training that familiarizes them with our AI-powered platform, sales strategy, and organizational values. The onboarding process includes mentorship from experienced team members, opportunities to shadow during client meetings, and access to resources for professional development. We aim to equip our AEs with the knowledge and support needed to excel in their roles.

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What are the growth opportunities for Account Executives within ThoughtExchange?

Account Executives at ThoughtExchange have numerous opportunities for career growth through regular training sessions and a commitment to professional development. Employees receive a stipend for learning opportunities, can experience role advancements based on performance, and are encouraged to participate in collaborative projects that enhance their skills and career trajectory.

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Common Interview Questions for Account Executive
How do you approach building a sales pipeline as an Account Executive?

When building a sales pipeline, I start by conducting thorough research on potential leads and segmenting them based on their needs and potential for conversion. I leverage tools like CRM software to maintain organized records and track interactions. Additionally, I frequently engage in networking activities, webinars, and public events to develop relationships and gain insights into market trends, which helps me tailor my approach.

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Can you explain a time when you successfully closed a difficult deal?

Certainly! I recall a situation where I was tasked with closing a deal with a client facing budget constraints. I approached this challenge by first understanding their primary pain points and the value our solution could provide. By tailoring my pitch to address their concerns and providing flexible pricing options, I was able to demonstrate the essential ROI that made the investment worthwhile, ultimately leading to a successful closing.

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How do you stay informed about trends in the K12 education sector?

I stay informed about K12 education trends by subscribing to industry newsletters, attending relevant conferences, and following key thought leaders on social media. I also engage in discussions within professional networks to exchange insights and stay updated on emerging needs and technologies in education. This proactive approach ensures I can bring valuable knowledge and context to my client conversations.

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What strategies do you use for navigating complex procurement processes?

Navigating complex procurement processes requires patience and effective communication. I ensure to understand the hierarchy and decision-making criteria within the organization. I build relationships with multiple stakeholders, often scheduling meetings to discuss their needs comprehensively. Additionally, keeping detailed records of interactions helps me tailor my approach and stay informed about any updates in the procurement journey.

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Describe your experience with value selling.

My experience with value selling revolves around understanding the unique needs of the clients and articulating how our solution directly meets those needs. I focus on demonstrating the tangible benefits of our product through case studies and personalized presentations that highlight similar success stories. By emphasizing value rather than just features, I ensure clients see the potential impact on their specific operations.

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How do you handle objections during the sales process?

During the sales process, I view objections as opportunities for dialogue. I listen carefully to the client’s concerns and ask clarifying questions to ensure I understand their position fully. This not only builds trust but allows me to respond with informed, tailored solutions that address their specific reservations. Follow-up and maintaining an open line of communication are also vital in overcoming these objections.

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What role does teamwork play in your sales approach?

Teamwork is fundamental in my sales approach. I collaborate closely with various departments, such as marketing and customer success, to ensure alignment in our strategies and messaging. Sharing insights and experiences with my peers also enriches my understanding and enhances our collective efforts in engaging clients effectively. At the end of the day, sales success is often a team achievement.

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How do you prioritize your tasks and manage your time as an Account Executive?

I prioritize tasks based on urgency and importance by creating a daily schedule that aligns with my sales goals. I employ time management tools that help me allocate specific time blocks for prospecting, follow-ups, and administrative tasks. Regularly reassessing my priorities ensures I stay focused on activities that directly contribute to my sales objectives while keeping room for unexpected tasks.

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What techniques do you use to build rapport with clients?

Building rapport with clients is about authenticity and active listening. I start by finding common ground or shared experiences, which sets a friendly tone for our relationship. I also make sure to customize my communication style to match theirs, showing that I am genuinely interested in their needs and goals. Following up after meetings with thoughtful notes or resources further reinforces our connection.

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How do you measure your sales success as an Account Executive?

I measure my sales success by tracking various key performance indicators such as the number of leads generated, conversion rates, and monthly quotas achieved. Additionally, I review client feedback and retention rates to assess the long-term impact of my sales efforts. This data-driven approach allows me to identify trends, celebrate successes, and identify areas for improvement in my sales strategy.

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Thoughtexchange™ is The Group Insight Platform™ that brings an empowered community together to work toward common solutions. Collaborative leaders use Thoughtexchange to hear the community’s thoughts and surface and develop the best ideas. Stakeho...

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Full-time, remote
DATE POSTED
December 7, 2024

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