Company:
RxBenefits, Inc.
Location: Virginia
Closing Date: 04/11/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description
Reporting to the Chief Client Officer (CCO), the VP, Strategic Deals & Relations will lead the strategy to ensure a predictable revenue pipeline focused on strategic relationships within a complex sales organization. The VP, Strategic Deals & Relations is a proactive partner to the CCO, demonstrating full ownership of key partner relationships. To do so, they will establish and nurture industry relationships in order to build the pipeline at a strategic partnership level. They will work in partnership with the VP, Commercial, VP, Strategic Markets, SVP Marketing and SVP Account Management.
Essential Job Responsibilities Include:
- Set a strategic partner sales strategy and stay on top of forecasts to reliably hit financial goals.
- Grow revenue and membership annually to achieve company growth and retention goals.
- Ensure accurate projections and forecasts, proactively flagging any risks to achieving numbers and putting in place appropriate plans to course-correct.
- Drive Protect Stand Alone adoption and sales goals.
- Develop and execute a strategic partner sales strategy that achieves financial goals.
- Lead the creation and implementation of innovative strategies to drive new business through key partnerships.
- Identify and build key strategic partnerships (Coalitions, large strategic buyers, key broker partner opportunities).
- Develop and maintain a robust pipeline of prospects and evaluate potential partnerships that align with RxBenefits sales goals.
- Collaborate with the CCO/ ELT to develop strategies to build/expand on their relationships and ensure they stay informed of activity.
- Collaborate closely with marketing on B2B positioning, and the creation of product fits and upsell opportunities.
- Monitor market trends and competitor activities to inform strategic decisions.
- Direct the Broker Relations organization to ensure the strategy aligns with the RxBenefits offerings to produce a competitive advantage for national account partners to facilitate grow.
- Execute on the key strategic priorities within National/Regional Accounts to achieve company growth and retention goals.
- Ensure each firm has an individual strategy and ensure they have a good relationship.
- Maintain a strong working relationship with Account Management with open lines of communication.
- Partner with Revenue Operations, Marketing and other internal partners to ensure success.
- Deliver Weekly/Monthly operational reporting to revenue ops that present the current state of the business and offer appropriate remediation plans to adjust goals.
- Use a data driven approach to scoping new ideas and growth opportunities, leveraging key internal partners.
- Collaborate with cross-functional teams to develop and execute go-to-market strategies for new products and programs and minimize time to revenue
- Actively lead, engage and support interdepartmental key initiatives
- Build and maintain strong relationships with partners, collaborate on growth strategies and accountability through execution
- Be a seasoned, passionate, and highly engaged change agent. Cultivate and role-model aspirational performance-oriented culture.
- Effectively role model the commitment and behaviors needed to meet the Company’s aggressive growth and retention goals.
- Be a champion of and role model RxBenefits values, expect the same of your team.
- Build a team of “A” players, develop “B” players and exit “C” players.
- Create a strong connection with your team through open communication and strong management routines.
- Maintain high levels of communication and coordination, sustaining a strong culture of collaboration, accountability, and customer-orientation as the business scales.
Required Skills / Experience:
- 10+ years’ experience in a strategic leadership role over a Sales or Business Development organization
- 10+ years' experience in the Pharmacy Benefits industry
- 10+ years' experience working with Employee Benefit Consultants
- Extensive experience leading Business Development teams and building a culture of high performance and accountability
- Extensive experience and proven success with formulating, implementing and sustaining client development efforts, and in building/expanding client relationships.
- Executive presence; experience presenting to senior management and Board of Directors
- Expert verbal and written communication skills; ability to clearly convey results, methodology, assumptions etc.
- Must be knowledgeable about industry trends, best practices, and change management.
- Strong financial, analytical, and problem-solving skills
- Willing to travel extensively to Birmingham, AL home office and client sites.
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RxBenefits, Inc.