Account Executive, Commercial Lines

Verisk
Jersey City, NJ
Remote

Who this role is best for

Strong fit for consultative sales professionals who thrive in complex environments and can manage long-term relationships, with a preference for remote work and travel flexibility.

Best fit for

  • Candidates with a background in consultative sales and a track record of exceeding revenue goals
    — “proven track record of consistently exceeding annual new sales & revenue retention goals”
  • Individuals who can quickly understand and influence decision-making processes in insurance organizations
    — “Able to quickly understand the customer decision-making process and influence key decision makers”
  • Professionals with experience in insurance software or data solutions and strong collaboration skills
    — “Coordinate and work closely on sales opportunities, where required, with other Verisk Team members”

Things to consider

  • This role involves up to 50% travel, which may impact work-life balance and remote work flexibility
    — “Ability to travel up to 50% of the time”
  • Candidates must be comfortable working remotely and managing their own home office setup
    — “Coachable self-starter with the ability to work from a remote home office effectively”

How to stand out

  • Highlight your ability to build long-term customer relationships and articulate business value in your resume
    — “excel at building long-lasting and trusting relationships with your customer base”
  • Demonstrate experience with managing complex sales cycles and high-value contracts
    — “Exceed average annual new sales goals of $3.5M-6M”
  • Showcase your strategic thinking and pipeline-building skills in your interview responses
    — “Prospect across the whole account and build a solid pipeline (2.5 to 3X sales goal)”
Pace · Fast PacedCollaboration · HighAutonomy · MediumDecision Impact · Team

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

  • exceeding annual sales goals
  • managing a diverse customer base
Typical background
sales experienceinsurance industry background

Skills & requirements

Required

Sales StrategyAccount ManagementClient Relationship ManagementBusiness DevelopmentSales Cycle Management

Preferred

Insurance Industry KnowledgeConsultative Selling

About the role

Original posting from Verisk

If you have a proven track record of consistently exceeding annual new sales & revenue retention goals, have experience in consultative sales, and excel at building long-lasting and trusting relationships with your customer base, we want to talk to you! 

Our Verisk Underwriting Sales Team is seeking a driven and entrepreneurially minded Account Executive to be the lead in identifying, managing, and closing sales opportunities within an assigned U.S. account territory that covers accounts that range from established insurers to emerging InsurTechs or established producers including brokerages, MGA’s and agencies.

This is a remote position that would involve working from home and traveling to customer locations. Occasionally, travel to our main office located in Jersey City, NJ is required.

Driven hunter who thrives working in a team selling environment with Product Managers, Subject Matter Experts, Business Development Representatives, Executives, and others to ensure that our complex solutions fit within our customers’ workflowsStrategic thinker who possesses a structured approach to selling that includes strong prospecting skills and the ability to sell based on business value  Able to quickly gain knowledge of your customers’ business and consultatively articulate Verisk’s value proposition across different operations within their organization   Able to quickly understand the customer decision-making process and influence key decision makers  Accountability to the Verisk sales processRelentless in qualifying dealsProblem solverExceed average annual new sales goals of $3.5M-6MFlawlessly manage deals with an average new total contract value (TCV) of $135,000 with an average sales cycle of 7 monthsManage existing solution revenue from current customer base within an assigned territory of 6 to 25 accounts for both growth and retention  Prospect across the whole account and build a solid pipeline (2.5 to 3X sales goal) within assigned sales territory  Successfully manage a short, mid and long-term strategic sales plan to attain a deep understanding and trust within assigned sales territory  Actively maintain and communicate sales territory activity, notes, updates, call reports and opportunities with sales peers, sales leadership and product management as well as within Salesforce.com  Develop customized solution proposals and contractual agreements  Coordinate and work closely on sales opportunities, where required, with other Verisk Team members  Provide timely feedback to sales peers, sales leadership, product management and marketing on developing industry trends, new product ideas and competitive intelligence within assigned sales territory  Facilitate and develop trusting relationships on all levels within assigned sales territory accounts. 

 What Account Executives Love About Working Here:

On Target Earnings (OTE) structed comp plan with significant earning potentialPaid Parental LeavePaid Time Off starting at 24 days annually Short- and Long-Term Disability Leave available as neededCompetitive Medical, Dental and Vision Plans401K Savings PlanEmployee Stock Purchase PlanLife InsuranceEmployee Assistance PlanWellness ProgramHealthcare and Dependent Care Flexible Spending

Bachelor’s degree from a four-year college or university  Professional Training Program experience a plus  Proficiency in MS Office and Salesforce.com  Coachable self-starter with the ability to work from a remote home office effectively   Ability to travel up to 50% of the time  Good to have: solid understanding and experience of Property Casualty Insurance; working knowledge of insurance functions, especially Underwriting, Marketing, Product Development, Actuarial, Modeling is a plus, as is knowledge across property and casualtyGood to have: three years’ experience and successful track record within a complex sales environmentGood to have: proven successful sales history in insurance software, data, geospatial and/or predictive modeling software solutions a plus  Good to have: experience facilitating contract processesGood to have: Salesforce.com experience and comfortability adopting new tools#LI-MB1

#LI-Remote

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed. 

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer, testaments to the value we place on workplace culture.

We’re 7,000 people strong.  We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

 Verisk Businesses

Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property and Restoration Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Catastrophe and Risk Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events.

Marketing Solutions — delivers data and insights to improve the reach, timing,relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

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Source: Verisk careers

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