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AI Summary

The Account Executive is responsible for generating new insurance software sales and managing the end-to-end sales cycle for P&C insurance carriers. They will develop long-term partnerships with senior business and IT leadership while coordinating with internal stakeholders to meet financial objectives.

This Account Executive is responsible for generating new insurance software sales and services revenue to the insurance industry. In this role, you will manage the strategy and end to end complex sales cycle for Sapiens Suite of offerings including Policy Administration, Billing, Claims and our data and digital software solutions targeting the Tier-1 to 4 carriers (including qualifying new leads, responding to RFI/RFP’s, proposal, presentations, demonstration, managing Proof of Concepts and leading contract negotiations, etc.)

Leveraging your experience and solid network within the top tier carriers and deep understanding of the insurance value chain, you will be confident in working with the various Sapiens Stakeholders to engage with the carriers Senior Business and IT leadership team to develop a relationship and long-term partnership.

In this role you will communicate and work with many stakeholders including Product, Delivery, Finance, Legal and Sales to develop a long-term partnership with our clients. 
  • A hunter, with 7 + years of experience in a sales role for P&C Policy,  Administration Suite(s), with experience selling into personal, commercial  and specialty carriers with a proven record meeting targets;
  • Strong  understanding of carrier workflows and ability to translate company  systems into carrier’s solutions;
  • Excellent  negotiation, influence, mediation, and conflict management skills;
  • Demonstrated  ability to follow sound business ethics when executing job  responsibilities to build and maintain management confidence;
  • High-energy, self-starter;
  • Exceptional verbal and written communication skills;
  • Excellent organization and presentation skills.
  • Bachelor’s  degree, ideally in technology, engineering, marketing or business-related field; related work experience can be substituted for educational requirement.
  • Willingness to regularly travel as required.
 
  • Win new logo deals;
  • Cross sell  Sapiens solutions for Property & Casualty to Sapiens existing accounts;
  • Enhance Sapiens  pipeline for current and next year; 
  • Develop, promote, and execute sales strategies in assigned accounts / territories that will enable the company to achieve its financial objectives;
  • Develop relationships at all levels including C Level, business, and information technology;
  • Work with carriers in a consultative and proactive manner to ensure that we are meeting their current and future needs;
  • Understand the  personal, commercial and specialty insurance industry trends and be able to sell the Sapiens value proposition to our customers and prospects based on their business needs, including but not limited to:
    • Learn and promote solution differentiators and value proposition;
    • Monitor competitive activity and competitor solutions;
    • Stay abreast of market influences and changes;
    • Own the end-to-end sales cycle, including but not limited to:
    • Consistently  build and maintain a deep sales pipeline through cold calling, partnering with Lead Generation Specialists, coordinating with Lead Generation  campaigns, attending trade shows and conferences, networking, etc.;
    • Utilize sales methodologies, processes, and best practices to increase the probability of success;
    • Lead,  coordinate, and influence sales cycles;
    • Collaborate  with other stakeholders on developing and executing sales strategies;
    • Coordinate  contract negotiations;
    • Ensure data is entered into the Sales CRM system timely and accurately.

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