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Vertical Account Manager, Commercial Insurance
2 weeks ago
About The Business
LexisNexis Risk Solutions provides customers with solutions and data that combine public and industry specific content with advanced technology and analytics to assist them in their claims workflow. We use the power of data and advanced analytics to help our customers make better, timelier decisions resulting in process efficiency and increased customer satisfaction and improved claim outcomes.
By bringing clarity to information, we ultimately help make rating and underwriting decisions easier, improve straight through processing functions and provide data and analytics solutions to provide risk insights and segmentation.
About The Role
This is a sales position that exists to acquire and grow revenue within established enterprise sales accounts through sales of LexisNexis RISK Solutions products and solutions in an assigned account structure. It is anticipated that VAMs will insure and grow additional revenue opportunities and protect revenue base via a total solution strategic approach, and spearhead the penetration of LexisNexis solutions within assigned accounts through calling (both in the field and telephonically) on existing accounts/bill groups for incremental revenue and growth.
Responsibilities
- Meet or exceed monthly and annual revenue objectives. Manage territory projections and plans, and develop/implement sales activities that assess revenue potential, and target revenue opportunities. This encompasses driving revenue generating activities through-out the household account including subsidiaries.
- Oversee all MYCRM/Salesforce forecasting activities.
- Manage customer roadmap retention plans/actions to ensure protection of base revenue.
- Create and implement effective account/territory plans that include developing and implementing a sales strategy considering new business growth, managing all resources necessary to drive new business; forecasting revenue; developing key contacts and business relationships within assigned accounts
- Develop gap analysis techniques to determine incremental opportunities within existing accounts. Contact and meet with account decision makers to determine the business needs to penetrate new business opportunities. Develop planning regimen to identify and track revenue trends, recognize sales opportunities, target specific sales activities, and analyze competitive threats. Provide on-site customer support where and when needed.
- Clearly demonstrate your understanding of LexisNexis RISK Solutions pricing, administrative procedures, and organization to effectively answer clients' questions or implement solutions in a timely fashion. Maintain a current understanding of LexisNexis RISK Solutions competitor offerings (i.e., price, product, service, or solution) so that you can effectively sell the advantages of LexisNexis RISK Solutions over that offered by its competitors.
- Work closely in a team environment with sales support and technical implementation employees to satisfy customer needs. This position is part of a strong comprehensive sales team including a Implementation Manager.
- Formulate a professional development plan with your manager with respect to internal/external educational programs so that your knowledge can be leveraged with your assigned territory.
Requirements
- Prior experience working in Personal / Commercial Insurance is strongly preferred
- Experience in direct or solutions B2B sales experience
- Demonstrated experience successfully building client relationships
- Prior experience working with data or in data sales is preferred
- Excellent project management and analytical skills
- Excellent skills with Excel, PowerPoint and Word; SAS skills a plus
- Travel is required for this position
U.S. National Base Pay Range: $72,600 - $134,900. Total Target Cash: $111,700 - $207,500. Geographic differentials may apply in some locations to better reflect local market rates. Base Pay Range for CO is $72,600 - $134,900. TTC for CO is $111,700 - $207,500. Base Pay Range for IL is $76,300 - $141,600. TTC for IL is $117,300 - $217,900. Base Pay Range for Chicago, IL is $79,800 - $148,400. TTC for Chicago, IL is $122,800 - $228,200. Base Pay Range for MD is $76,300 - $141,600. TTC for MD is $117,300 - $217,900. Base Pay Range for NY is $79,800 - $148,400. TTC for NY is $122,800 - $228,200. Base Pay Range for New York City is $83,500 - $155,100. TTC for New York City is $128,400 - $238,600. Base Pay Range for Rochester, NY is $68,900 - $128,100. TTC for Rochester, NY is $106,100 - $197,100. Base Pay Range for OH is $68,900 - $128,100. TTC for OH is $106,100 - $197,100. Pay mix between base and variable pay varies based on sales role; please discuss with the recruiter. Application deadline is 12/31/2025. We know that your wellbeing and happiness are key to a long and successful career. These are some of the benefits we are delighted to offer to our US full- and part-time employees working at least 20 hours or more per week:
- Health Benefits: Comprehensive, multi-carrier program for medical, dental and vision benefits
- Retirement Benefits: 401(k) with match and an Employee Share Purchase Plan
- Wellbeing: Wellness platform with incentives, Headspace app subscription, Employee Assistance and Time-off Programs
- Short-and-Long Term Disability, Life and Accidental Death Insurance, Critical Illness, and Hospital Indemnity
- Family Benefits, including bonding and family care leaves, adoption and surrogacy benefits
- Health Savings, Health Care, Dependent Care and Commuter Spending Accounts
- In addition to annual Paid Time Off, we offer up to two days of paid leave each to participate in Employee Resource Groups and to volunteer with your charity of choice
