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Business Development Director

LOCATION: Remote
REMOTE ELIGIBLE: Fully Remote
TRAVEL REQUIREMENT: 30%
REQUISITION ID: 470
<p><a href="https://www.youtube.com/watch?edufilter=NULL&amp;v=x2VAeHGPp1s">Data has a story to tell. We give it a voice.</a></p> <p>We’re a growing, nimble organization with a team of employees who are passionate to carry out our mission of delivering high-value solutions to a marketplace that is undergoing an important transformation to data-driven healthcare. We value having people who are committed to our core values to I.N.S.P.I.R.E. We care about your career development and growth. Through our learning culture, we are motivated to provide opportunities to all our employees to improve and gain new skills that will help elevate their career. We value having go people on our team, and we do our part to make sure to give the recognition deserved for every contribution. If this sounds like the kind of company you’d like to work with, we’d love to meet with you!</p> <table id="public_fields"> <tbody> <tr class="info-row"> <td class="info-cell" data-required="false"> <div class="custom-field-control editable-field-control" data-type="long_text"> <div class="collapsed-field"> <p>Overview: The Business Development Director to serve as a key leader in the critical growth engine for Inovalon by contributing to the securing of large, multi-year services contracts. This role serves as a market expert and business development catalyst through developing deep knowledge of the market and key developments in the healthcare sector.<br>Duties and Responsibilities:<br>• Lead, and be ultimately responsible for prospecting, building a pipeline and the execution of new business development and ongoing business expansion (i.e. cross-sell and up-sell) in assigned territory., Responsible for maintaining accurate data in CRM to manage, track and forecast opportunities.<br>• Responsible for the successful handoff of newly developed or expanded business to appropriate implementation personnel using documented procedures.<br>• Coordinate with all resources and personnel necessary to ultimately achieve (and ideally exceed) Company targets for market penetration, revenue and margin metrics, client satisfaction, product and client diversification, and ongoing compliance with regulatory, quality, accreditation, delegation, and contractual requirements of Company products and services;<br>• Support the tracking and reporting (of pipelines, success rates, costs, financial performance, etc.) pertaining to the Company’s business development efforts in a timely, accurate, and comprehensive fashion;<br>• Develop and maintain an expert level of knowledge regarding all products, services, infrastructure, and operations of the Company to achieve optimal insight into the Company’s product development, capabilities, support, and functionality requirements;<br>• Serve as one of Inovalon’s ambassadors to the market as a representative at industry conferences, a participant in business development meetings with current accounts, a developer of relationships with C-level personnel at potential clients, a generator of direct marketing outreach and as a key team member for on-site sales meetings with potential clients;<br>• Establish yourself as a market expert and business development catalyst through developing deep knowledge of the market and key developments through deep market research on current and potential clients to identify needs, current solutions, past history, key personnel and key decision-making criteria;<br>• Participate with Employer leadership in the strategic development of initiatives to identify enhancements which may improve products, services, operations, client appeal, process flow, and overall business function, industry reputation, and financial performance.<br>• Maintain compliance with Inovalon’s policies, procedures and mission statement;<br>• Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon’s Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position;<br>• Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Employer; and<br>• We reserve the right to change this job description from time to time as business needs dictate and will provide notice of such.</p> <p><strong>Job Requirements:</strong><br>• Minimum of 6 years of sales experience with focus on hunting new business and selling SaaS solutions ideally in the Healthcare IT or Pharmacy Systems space.<br>• An aptitude for managing a complex, consultative sales process including lead generation, proposal development, oral presentations and contract negotiation for rapidly evolving services offerings.<br>• Track record of successfully establishing and managing Director, VP and C-Suite client relationships in Healthcare organizations including leading presentations to these senior leaders.<br>• Experience in selling and leading teams selling across multi-disciplinary leaders in an influencer role<br>• High level of business Acumen.<br>• Experience in or knowledge of the healthcare industry, especially health plans is strongly desired.<br>• Strong written and verbal communication skills.<br>• Bakground with solution and/or consultative sales process experience in a matrix management environment<br>• Must be available to travel as needed to client sites and/or conferences nationwide.</p> <p><strong>Education:</strong><br>• BA/BS degree or equivalent experience required; and<br>• MBA a plus.</p> <p><strong>Physical Demands and Work Environment:</strong><br>• Sedentary work ( i.e. sitting for long periods of time);<br>• Exerting up to 10 pounds of force occasionally and/or negligible amount of force;<br>• Frequently or constantly to lift, carry push, pull or otherwise move objects and repetitive motions;<br>• Subject to inside environmental conditions....Travel as needed to client sites and/or conferences nationwide.</p> &nbsp;&nbsp;&nbsp;</div> </div> </td> </tr> <tr class="info-row"> <td class="info-cell" data-required="false">&nbsp;</td> </tr> </tbody> </table> <h4>What are you waiting for? Apply now!!</h4><div class="content-conclusion"><p><em>By embracing diversity, equity and inclusion we enhance our work environment and drive business success. Inovalon strives to reflect the diversity of the communities where we operate and of our clients and everyone whom we serve. We endeavor to create a culture of inclusion in which our associates feel empowered to bring their full, authentic selves to work and pursue their professional goals in an equitable setting. We understand that by fostering this type of culture, and welcoming different perspectives, we generate innovation and growth.</em></p> <p><em>Inovalon is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirement.</em></p> <p><em>The Company maintains a drug free work environment for all of its associates, which includes employees, contractors and vendors. It is unlawful for associates to manufacture, sell, distribute, dispense, possess or use any controlled substance or marijuana in the workplace and doing so will result in disciplinary action, up to and including termination of employment or the contracted relationship.</em></p> <div><em>Consistent with Inovalon’s safety protocols, the company will require a vaccination attestation for fully office-based and hybrid (office/remote) positions. Positions designated as fully remote are exempt from the attestation requirement unless and until such time as an in-office presence is required.</em></div> <p>&nbsp;</p></div>

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