Description

Inovalon was founded in 1998 on the belief that technology, and data specifically, would empower the transformation of the entire healthcare ecosystem for the better, improving both outcomes and economics. At Inovalon, we believe that when our customers are successful in their missions, healthcare improves. Therefore, we focus on empowering them with data-driven solutions. And the momentum is building.

Together, as ONE Inovalon, we are a united force delivering solutions that address healthcare's greatest needs. Through our mission-based culture of inclusion and innovation, our organization brings value not just to our customers, but to the millions of patients and members they serve.

The Senior Business Development Manager is accountable for delivering revenue targets through proactive sales leadership across assigned territories, channel partners, and/ or strategic accounts. Functioning as an individual contributor with deep product expertise, this role plays a pivotal part in the sales matrix partnering with cross-functional teams to identify, shape, and advance opportunities for the assigned business unit.

Duties and Responsibilities:

• Lead and executes all sales activity for the assigned product suite and applications within defined territory to achieve sales objectives.

• Partner with the sales leadership team to develop and execute a plan aligned with the sales goals in assigned territory.

• Function as a subject matter expert on assigned product suite, applications, and processes to orchestrate seamless execution of lead generation and account cultivation activities.

• Leverage a strategic, business-oriented mindset to identify high-value opportunities and guide decision-making that supports overall revenue growth.

• Design and position solutions that meet customer needs and translate into profitable, revenue-generating outcomes for Inovalon.

• Provide specific direction and guidance to advance and or transition sales opportunities with ownership and engagement to ensure successful conversion and deal closure.

• Leverage detailed knowledge of quality-of-care reporting, benchmarking and data analytics, and the value of using business intelligence to improve care outcomes.

• Serve as a player coach to other team members to teach, strategize, and advance their prospecting and overall sales skills following Business Unit sales processes.

• Participate in weekly sales meetings and communicates weekly results and performance metrics as they relate to sales pipeline, sales activities, sales cycle time, regional market share, market penetration, wins and losses, etc. for both individual and team performance.

• Monitor and provides structured feedback on market conditions, regulatory trends, competitive activities, win-loss lessons learned, targeted initiatives for growth and with key target accounts or channel partners within territory.

• Identify regional influencers that can support and influence the sales of products and services; regional activities may include tradeshows, association memberships, training, speaking engagements, etc.

• Maintain compliance with Inovalon's policies, procedures and mission statement.

• 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.

• 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.

Job Requirements:

• 5+ years of demonstrated sales experience selling healthcare technology products or services.

• Experience selling, implementing, or integrating with Electronic Health Record (EHR) systems preferred.

• SaaS or subscription-based software sales experience preferred.

• Leadership or supervisory experience preferred.

• Experience shaping complex, multi-stakeholder deals, including evaluating financial models, solution design, and long-term customer value.

• Demonstrated capability to understand and articulate customer business drivers, linking Inovalon's solutions to strategic outcomes such as operational efficiency, clinical improvement, and financial performance.

• Skilled in navigating matrixed organizations and influencing internal stakeholders to align on deal strategy, resource needs, and customer engagement approaches.

• Proven ability to identify cross-sell and up-sell opportunities, leveraging an enterprise-wide understanding of Inovalon's full portfolio.

• Proficient in Microsoft Office suite including Word, Excel, and PowerPoint; Customer Relationship Management (CRM) software experience (i.e. SalesLoft, SalesForce, etc.).

• Exceptional verbal and written communication skills, with the ability to tailor messaging to diverse audiences.

• Self-motivated with strong organizational/prioritization skills and ability to work in a team environment and independently with the ability to manage multiple tasks at one time with close attention to detail.

• Consistent track record of meeting or exceeding annual revenue objectives.

• Proven ability to conduct strategic, value-based discussions with C-suite leaders to advance complex sales opportunities.

• Experienced in sales force automation and contact management systems.

• Ability to work in a fast-paced environment.

• Proven ability to work effectively under pressure and meet deadlines.

Education:

• Bachelor's degree in related field or equivalent professional work experience.

• Clinical degree (RN, BSN, etc.) and/or experience preferred.

Physical Demands and Work Environment:

• Sedentary work (i.e. sitting for long periods of time).

• Exerting up to 10 pounds of force occasionally and/or negligible amount of force.

• Frequently or constantly to lift, carry push, pull or otherwise move objects and repetitive motions.

• Subject to inside environmental conditions

• Up to 25% travel based on business needs.

Inovalon Offers a Competitive Salary and Benefits Package

In addition to the base compensation, this position may be eligible for performance-based incentives.

The actual base pay offered may vary depending on multiple factors including, but not limited to, job-related knowledge/skills, experience, business needs, geographical location, and internal equity. At Inovalon, it is not typical for an individual to be hired at or near the top end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate.

Inovalon invests in associates to help them stay healthy, save for long-term financial goals, and manage the demands of work and personal commitments. That's why Inovalon offers a valuable benefits package with a wide range of choices to meet associate needs, which may include health insurance, life insurance, company-paid disability, 401k, 18+ days of paid time off, and more.

Base Compensation Range

$76,800-$105,000 USD

This position is not eligible for immigration sponsorship (e.g. H-1B, TN, or E-3). Applicants must be authorized to work in the United States as a condition of employment. (This is only applicable for US-based positions)

If you don't meet every qualification listed but are excited about our mission and the work described, we encourage you to apply. Inovalon is most interested in finding the best candidate for the job, and you may be just the right person for this or other roles.

By embracing inclusion, we enhance our work environment and drive business success. Inovalon strives to provide equal opportunities to the communities where we operate and to 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.

Inovalon is proud to be an equal opportunity workplace. 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.

To review the legal requirements, including all labor law posters, please visit this link

To review the California Consumer Privacy Statement: Disclosures for California Residents, please visit this link