XO Health Inc. logo
XO Health Inc.

A new kind of health plan, designed by employers, engineered by industry experts.

Senior Health Plan Sales Representative

Account ExecutiveSalesFull TimeRemoteSeniorTeam 11-50H1B No SponsorCompany SiteLinkedIn

Location

Texas

Posted

62 days ago

Salary

$125K - $175K / year

Seniority

Senior

9 yrs expEnglish

Job Description

• Prospect and generate leads: Identify and engage potential clients in the large group market, using various lead generation techniques such as networking, cold calling, referrals, and market research. • Consult and advise brokers and clients: Work closely with insurance brokers, business decision-makers, HR departments, and executives to understand their employee benefit needs and recommend tailored health insurance solutions. • Develop and present proposals: Prepare comprehensive and customized health insurance proposals, outlining plan options, costs, and benefits. Deliver clear, concise presentations to key stakeholders. • Negotiate contracts and close sales: Effectively negotiate plan rates, terms, and benefits with clients, aiming to close deals that meet both client needs and company sales targets. • Build long-term relationships: Foster strong relationships with brokers and clients to ensure ongoing satisfaction, policy renewals, and potential upselling of additional benefits like dental, vision, or supplemental insurance. • Industry and regulatory compliance: Remain current on market trends, new products, and regulatory changes, including ACA requirements and other compliance regulations for large group plans. • Collaborate with internal teams: Work closely with underwriting and client service teams to ensure seamless onboarding and implementation of new clients. • Meet sales goals: Achieve monthly, quarterly, and annual sales quotas by developing new business.

Job Requirements

  • Proven experience in sales, specifically in large group, self-funded health plans.
  • Deep understanding of large group health insurance products, self-funded plans, level-funded, fully insured plans, and ACA compliance for large employers.
  • Excellent communication, negotiation, and presentation skills, with experience selling to senior-level executives and decision-makers.
  • Ability to analyze complex data and communicate the benefits of various health plan options in a clear and persuasive manner.
  • Strong relationship-building skills and a client-focused approach.
  • Active health insurance license (required or ability to obtain).
  • Proficiency with CRM software and other sales tools.
  • Ability to work independently with a results-driven mindset, while also collaborating with internal teams.
  • 9+ years of experience in large group health plan sales preferred.
  • Knowledge of ancillary products such as prescription drugs, stop-loss, dental, vision, disability, and voluntary benefits preferred.
  • Familiarity with self-funded insurance options and alternative funding arrangements preferred.

Benefits

  • Competitive benefits package
  • Salary
  • Sales incentive program

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