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Vice President, Healthcare - job 2 of 2

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.  Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

 

Team Summary

The Visa Healthcare team is charged with leading the sales strategy and commercialization of best-in-class healthcare payment solutions as we seek to meet the growing and increasingly diversified needs of healthcare organizations, payers, providers, and the issuer and fintech clients driving the digitization of payments in the healthcare space.  This team will need to understand the end user needs to make sure our offerings, and those of issuers and fintech’s resonate.   In addition, this team is responsible for building and delivering a go to market strategy inclusive of marketing and sales materials, events, and thought leadership communicating our diverse set of products and services serving this segment across the enterprise.  

 

Position Overview

The VP, Healthcare is a highly experienced and dynamic healthcare payments sales executive.  The ideal candidate will be adept driving revenue and setting a sales strategy for the healthcare and insurance sector, engaging credibly and effectively with various stakeholders including financial institutions, health tech, merchants, industry groups, and government entities. The role reports to the SVP, Visa Commercial Solutions for North America, and is a member of their leadership team.  In addition, this leader will dotted line into the SVP, Global Large and Middle Market. This leader is instrumental in accelerating business growth in this vertical.

Key Responsibilities

  • This leader will be responsible for driving revenue growth by establishing a sales strategy and pipeline across employee benefits, healthcare and insurance, and identify cross sell opportunities for additional Visa solutions. 
  • Lead the direct team responsible for Employee Benefits and Virtual Card payment product account management and business development. 
  • Manage client and prospect opportunities solutioning a segment approach across various B2C and B2B payment flows.
  • Deliver a US Healthcare go to market and thought leadership strategy including social, media, events, and speaking engagements. 
  • Serve as the advocate for the customer, collaborating with the product team to develop superior solutions. Gain a thorough understanding of the healthcare sector's needs and challenges related to payments and align this knowledge with Visa’s capabilities to address or improve our products and solutions.
  • Work effectively across multiple stakeholders across the B2B Fintech Partnership and Large Middle Market teams in VCS.
  • Manage budget and financial responsibilities

 

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

Qualifications

Basic Qualifications
• 12 years of work experience with a bachelor’s degree or at least 10 years of experience with an Advanced degree (e.g., Masters/MBA/JD/MD) or at least 8 years of work experience with a PhD
• 12+ years’ experience in sales within a financial institution, consultant or healthcare payments technology company: experience with Treasury operations, working capital and cash management initiatives, Revenue Cycle Management, Epic/EHR implementations and payment collections initiatives
• Experience selling products and services in healthcare that involve financial/payments components (e.g., launching plans with supplemental benefits/OTC cards, virtual cards for payer to provider, HSA/FSA products, revamping patient and payments journeys)
• Seasoned leader with extensive industry and functional expertise, including sales, business development, contract negotiations, marketing, and sales.
• Proven success with sales, consultative selling, and management experience. Strong track record of success in managing, leading, and motivating high performing/ quality teams.
• Ability to engage credibly and effectively with healthcare stakeholders
• Knowledge of the structure of the industry and the relationships between patients, providers, payers, funders and the government
• Adept at executive level presentations, required to be active at industry conferences and thought leadership
• Able to navigate a highly matrixed environment
• Experience managing hard line and dotted line teams.
• Ability to build strong relationships and enable collaboration with large cross-functional teams.
• Effective communication skills with the ability to negotiate and influence key stakeholders at all levels both internally and externally to Visa.
• Lead as the Visa Ambassador for Healthcare.
• Consistent record of having met challenging financial and business targets.
• Proven track record of driving innovation and leading change in successful top tier companies.
• Committed to building and inclusive and productive work environment through Visa’s Leadership Principles.

Preferred Qualifications
• 15 or more years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD, PhD)

Additional Information

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires travel 5-10% of the time.

Mental/Physical Requirements: This position will be performed in an office setting.  The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.

Visa is an EEO Employer.  Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.  Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.

U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 189,000 to 369,000 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.

Average salary estimate

$279000 / YEARLY (est.)
min
max
$189000K
$369000K

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 Vice President, Healthcare, Visa

As the Vice President of Healthcare at Visa, based in the vibrant city of San Francisco, CA, you'll be at the forefront of driving innovation in the healthcare payments landscape. Visa, known globally for its cutting-edge technology and secure payment solutions, is seeking a dynamic leader to spearhead its sales strategy in the healthcare sector. In this pivotal role, your experience in healthcare payments will be key to establishing new revenue streams and enhancing existing services. You will be responsible for leading a high-performing team that focuses on employee benefits and virtual card payment solutions. Collaborating with various stakeholders, including financial institutions and healthcare providers, you’ll develop comprehensive strategies to meet the diverse needs of our clients. Your insights will help shape Visa’s marketing and thought leadership initiatives, ensuring that we effectively communicate our value proposition to the market. As you advocate for our customers, your deep understanding of the healthcare industry's challenges will directly influence product development and customer engagement strategies. This hybrid position allows for flexibility while maintaining a collaborative team environment. If you're ready to make an impact in a purpose-driven industry, join us at Visa, where we uplift lives through seamless payment solutions.

Frequently Asked Questions (FAQs) for Vice President, Healthcare Role at Visa
What are the key responsibilities of the Vice President of Healthcare at Visa?

The Vice President of Healthcare at Visa is responsible for driving revenue growth in the healthcare and insurance sectors by establishing sales strategies and managing a team focused on employee benefits and virtual card payments. This role includes creating go-to-market strategies, collaborating with various stakeholders, and advocating for customer needs to ensure Visa’s offerings align with market demands.

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What qualifications are needed to apply for the Vice President of Healthcare position at Visa?

To be considered for the Vice President of Healthcare role at Visa, candidates typically need at least 12 years of experience in sales within the healthcare payments landscape, combined with a Bachelor's degree. Advanced degrees such as an MBA or PhD are favored, along with proven leadership capabilities and a strong track record of driving revenue and developing sales strategies.

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What makes the Vice President of Healthcare role at Visa unique?

The Vice President of Healthcare position at Visa is unique due to its emphasis on shaping the future of healthcare payments. It combines sales strategy with product development, requiring the leader to engage comprehensively with various industry stakeholders while also being a thought leader at industry events. This role directly influences how Visa adapts its offerings to meet healthcare challenges.

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How does Visa approach teamwork in the Vice President of Healthcare role?

In the Vice President of Healthcare role at Visa, teamwork is paramount. The incumbent will work across multiple teams, including B2B Fintech Partnerships and Large Middle Market teams, facilitating collaboration to develop comprehensive solutions that meet customer needs. Leadership skills in managing both direct and dotted line teams are essential to achieving collective goals.

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What is the expected salary range for the Vice President of Healthcare at Visa?

The estimated salary range for the Vice President of Healthcare at Visa is between $189,000 and $369,000 annually, which may include potential sales incentive payments. Compensation can vary based on factors like experience, skills, and location, alongside eligibility for bonuses and equity.

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Common Interview Questions for Vice President, Healthcare
Can you describe your experience in sales within the healthcare payments industry?

When discussing your experience in healthcare payments, focus on specific achievements, such as revenue growth or successful product launches you've spearheaded. Emphasize your understanding of payment processes and how you've navigated challenges in engaging various stakeholders, showcasing your consultative selling skills.

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How do you approach the development of a sales strategy in a complex healthcare environment?

In approaching sales strategy development, highlight your ability to analyze market trends and customer needs. Discuss how you've previously created targeted strategies that align closely with industry demands while fostering relationships with essential stakeholders, ultimately driving revenue growth.

Join Rise to see the full answer
What strategies do you employ to manage a high-performing sales team?

Managing a high-performing sales team requires fostering an environment of collaboration and accountability. Share your methodologies for mentoring team members, aligning their goals with organizational objectives, and implementing key performance metrics to track and inspire performance.

Join Rise to see the full answer
How do you handle negotiation with key stakeholders in the healthcare sector?

Demonstrate your negotiation skills by discussing techniques you've used to build rapport and trust with stakeholders. Share specific examples that describe how you've arrived at mutually beneficial agreements while maintaining strong professional relationships.

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What do you consider the biggest challenges in healthcare payments today?

When discussing challenges in healthcare payments, bring up topics like regulatory changes, the rise of digital payments, and managing patient expectations. Highlight how your experience has equipped you to navigate these issues while innovating solutions that enhance payment efficiency.

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Describe a time when you successfully led a cross-functional team to achieve a common goal.

Share a specific instance where you coordinated efforts among various departments to achieve objectives. Highlight your leadership skills, communication practices, and the outcome of this collaboration, ensuring to connect your actions to the success achieved.

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In your view, how crucial is thought leadership in the healthcare payments industry?

Discuss how thought leadership is essential for establishing credibility in the healthcare payments industry. Share examples of how you’ve contributed to industry conversations, speaking engagements, or created content that positioned you or your organization as a trusted advisor in this evolving space.

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How do you prioritize initiatives within a healthcare payments strategy?

Reflect on your approach to prioritization, illustrating how you assess the impact of each initiative on revenue growth and customer satisfaction. Discuss frameworks or criteria you use to decide which projects deserve immediate focus and resource allocation.

Join Rise to see the full answer
Can you explain your experience managing budgets and financial responsibilities?

Talk about your experience in budgeting, including cost management and forecasting. Provide examples of how you've tracked spending, ensured alignment with business objectives, and made adjustments based on financial performance to meet goals.

Join Rise to see the full answer
What steps do you take to stay informed about trends in the healthcare payments sector?

Make it clear that staying current is crucial. Share the resources you utilize, such as industry publications, conferences, and networking events. Mention how you apply what you've learned to inform your strategies and decision-making processes.

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Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entiti...

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Full-time, hybrid
DATE POSTED
March 14, 2025

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