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Account Executive - job 1 of 2

Company Description

We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.

Job Description

An Account Executive is a vital member of the National Account Sales team. This position presents a tremendous opportunity for the right candidate to develop and grow a meaningful and upwardly mobile career with a dynamic global company.                  

Key Requirements:

  • BA/BS in business (or insurance equivalency), construction management or related field.
  • At least 5 years of outside sales experience – preferably in software and/or technology.
  • Excellent negotiation skills that lead to closed deals and satisfied customers.
  • Trustworthy and ethical demeanor, an engaging phone voice and an enthusiastic personality.
  • Preferably, has experience in P&C insurance, construction and/or the property restoration industry.
  • Demonstrates persuasive written and oral communication skills and relationship building.
  • Excels at presentations; presents smoothly and comfortably in small and large group environments.
  • Outstanding organizational and meeting-follow-through skills.
  • Thrives in a sales team collaborative environment.
  • Proficiency in Microsoft® PowerPoint, Prezi, SalesForce.com, and Teams.
  • Up to 25-40% travel, primarily North America

Qualifications

Qualifications

  • Develop and implement a robust strategic in-house and field-sales strategy.
  • Meet and/or exceed sales quota for the Verisk Claims suite of products.
  • Completes special projects + effectively juggle a variety of duties and assignments.
  • Represents Xactware/Verisk and presents its solutions in sales meeting, trade shows and various industry events.
  • Manage business relationships with customers and strategic partners.
  • Negotiate and assist in negotiations with customers and partners.
  • Contribute to strategic thinking/plans for new business direction and development.
  • Monitor competitor activities on an ongoing basis.
  • Work closely with senior management, product development and the sales teams.
  • Completes all responsibilities as outlined on annual performance plan.

Additional Information

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland.  We value learning, caring and results and make inclusivity and diversity a top priority.  In addition to our Great Place to Work® Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We’re 7,000 people strong.  We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

 

Verisk Businesses

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions — delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disabilityVerisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

https://www.verisk.com/privacy-policies/data-privacy-notice-for-employees-applicants-and-independent-contractors/ 

#LI-EA1
#LI-Remote

 

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What You Should Know About Account Executive, Verisk

Join Verisk as an Account Executive and step into an exciting opportunity located in Jersey City, NJ, where your sales expertise can shine! This dynamic role is a key part of our National Account Sales team, and we’re looking for someone who thrives on making meaningful connections and driving results. If you have at least 5 years of outside sales experience, particularly in the software or technology sector, you’ll find this position provides room to grow both personally and professionally. Trust and credibility are vital in this role—our clients count on your excellent negotiation skills and enthusiastic personality to seal the deal and ensure their satisfaction. You’ll create and implement sales strategies, exceed quotas for the Verisk Claims suite of products, and represent Xactware and Verisk at industry events. Your expertise in construction, property restoration, or P&C insurance will undoubtedly give you an edge. Additionally, a good command of Microsoft PowerPoint, Prezi, and Salesforce will help you present smoothly to clients and teams. With a travel requirement of about 25-40% across North America, you'll also enjoy the variety that comes from meeting clients face to face. If you are eager to make a difference and build a rewarding career with a globally respected company that values inclusivity and innovation, we want to hear from you!

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

As an Account Executive at Verisk, you will be responsible for developing and implementing effective sales strategies tailored to meet the needs of your clients. You’ll also be tasked with exceeding sales quotas for our Verisk Claims products, managing business relationships with customers and partners, and representing our brand at trade shows and other industry events. You'll leverage your expertise in negotiation to close deals and ensure client satisfaction.

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What qualifications do I need to be an Account Executive at Verisk?

To succeed as an Account Executive at Verisk, you should have a BA/BS in business, construction management, or a related field. Ideally, you will bring at least five years of outside sales experience, preferably within the software or technology sectors. A solid background in the P&C insurance, construction, or property restoration industry is preferred, along with excellent negotiation, communication, and relationship-building skills.

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What skills are essential for an Account Executive at Verisk?

An Account Executive at Verisk should excel in negotiation and relationship management, with strong persuasive communication skills. Proficiency in tools like Microsoft PowerPoint, Prezi, and Salesforce is important for creating presentations and managing client relationships effectively. Additionally, being organized and demonstrating follow-through on meetings and responsibilities will support your success in this role.

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How does the travel requirement work for an Account Executive at Verisk?

The Account Executive role at Verisk generally requires travel between 25-40% of the time, primarily within North America. This travel is crucial for building relationships, attending client meetings, and representing Verisk at key industry events. If you enjoy a mix of office work and travel, this job could be a great fit for you!

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What kind of career growth can I expect as an Account Executive at Verisk?

Verisk offers a vibrant and upwardly mobile environment for Account Executives. You will have the opportunity to develop your skills, take on new challenges, and advance within the organization. With our focus on training, coaching, and creating a rewarding workplace culture, your career trajectory is in your hands as you contribute to our innovative solutions.

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Common Interview Questions for Account Executive
Can you describe your sales process as an Account Executive?

When discussing your sales process, focus on the steps you take to research potential customers, qualify leads, and present your solutions. Emphasize your strategic thinking and how you adapt your approach to meet individual client needs, ultimately driving successful outcomes.

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How do you handle objections from potential clients?

Explain how you listen to client concerns, acknowledge their objections, and provide thoughtful solutions. Showcase your negotiation skills and how you build trust to turn objections into opportunities, creating a collaborative dialogue that leads to successful sales.

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What strategies do you use to build long-term client relationships?

Highlight your approach to maintaining open communication, following up consistently after sales, and providing excellent customer service. Mention how you seek to understand client needs deeply and proactively address any issues that may arise. Building trust is key to long-term relationships.

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What role does teamwork play in your sales strategy?

Discuss how you value collaboration with your sales colleagues and other departments. Talk about communicating regularly with marketing, product development, and management to align strategies and share insights that can lead to better client solutions and successful outcomes.

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Can you provide an example of a challenging sale you successfully closed?

Choose a specific example that demonstrates your skills in negotiation, persuasion, and relationship building. Explain the challenges you faced, the strategies you employed, and the final outcome, focusing on the lessons learned and how it influenced your future sales approach.

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What tools and technologies do you prefer to use in your sales process?

Mention specific tools like Salesforce, Microsoft PowerPoint, and any other sales software that you find useful. Explain how you leverage these technologies to streamline your sales process, track leads, and analyze performance, reflecting your adaptability and tech-savviness.

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Describe a time when you exceeded a sales target. What did you do differently?

Share a concrete example of when you surpassed expectations and the strategies you used to achieve this. Focus on your goal-setting process, your proactive approach to opportunity identification, and how you motivated yourself to go above and beyond to deliver results.

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How do you keep up with industry trends and changes?

Discuss resources you use to stay informed, such as industry publications, networking with peers, and attending conferences. Emphasizing your commitment to continuous learning shows you are proactive and eager to leverage industry insights to benefit your clients.

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What motivates you as an Account Executive?

Share your passion for sales and your desire to make a significant impact on clients’ businesses. Talk about how achieving targets and building trusted relationships drives you, and highlight your intrinsic motivations to succeed in a performance-based environment.

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How do you determine your priorities when pursuing multiple sales opportunities?

Explain how you assess opportunity potential, align with strategic goals, and prioritize based on factors like client needs, market demand, and timelines. Touch on your organizational skills and how you stay focused and effective in managing competing priorities.

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To be the leading strategic data, analytics and technology partner to the global insurance industry by delivering value to our clients through knowledge, expertise and scale.

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Full-time, remote
DATE POSTED
December 3, 2024

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