At a Glance
- Tasks: Manage relationships with fast-growing healthcare clients and drive revenue expansion.
- Company: Join Stedi, the world's only programmable healthcare clearinghouse, ranked #3 fastest-growing SaaS vendor.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Fast-paced culture with a focus on collaboration and customer success.
- Why this job: Make a real impact in healthcare by helping clients innovate on our platform.
- Qualifications: 4+ years in sales or account management, preferably in healthcare tech.
The predicted salary is between 108000 - 144000 ÂŁ per year.
We are building a new healthcare clearinghouse. In the healthcare sector, the Health Insurance Portability and Accountability Act of 1996 (HIPAA) requires that all insurance payers exchange transactions such as claims, eligibility checks, prior authorizations, and remittances using a standardized EDI format called X12 HIPAA. A small group of legacy clearinghouses process the majority of these transactions, offering consolidated connectivity to carriers and providers. Stedi is the worldâs only programmable healthcare clearinghouse. By offering modern API interfaces alongside traditional real-time and batch EDI processes, we enable both healthcare technology businesses and established players to exchange missionâcritical transactions. Our clearinghouse product and customerâfirst approach have set us apart.
What we are looking for: We are looking for an Account Manager to join our goâtoâmarket team. In this role, you will own a large segment of Stedi's fastest growing customers. You will have an outsized impact on Stedi's overall revenue by identifying expansion opportunities, partnerships, and more. This is more than a traditional sales role â you are expected to become an expert in Stedi's entire suite of products, services, roadmap, and more. As the face of the relationship, you will develop oneâoff strategies and tactics to ensure the success of our customers on the Stedi platform, with the goal of expanding the relationship and identifying more ways of working together. Above all, you will create and maintain relationships that will shape how we work with customers for years to come.
What youâll do:
- Serve as the primary commercial point of contact for a book of Stedi's fastest growing customers representing a significant percentage of Stedi's monthly recurring revenue (MRR).
- Manage a pipeline of expansion opportunities in Stedi's CRM to track upsells, crossâsells, renewals, and transaction usage growth.
- Bring revenue expansion opportunities from ideation through to execution â identifying new expansion use cases, supporting the customer's technical validation process, addressing pricing and contractual blockers, and ultimately ensuring successful product adoption.
- Interface with customers daily â including executive leadership, product managers, engineers, and ops teams â through Slack, Zoom, email and inâperson meetings.
- Proactively surface product and payerâlevel usage insights in order to address issues preventing additional product adoption.
- Collaborate with solutions engineering, payer operations, data analytics, and leadership to assist in customer engagements.
Who you are:
- You have 4+ years of quotaâcarrying sales, account management, sales engineering, or customer success experience.
- You have a strong track record of supporting customers as they adopt and utilize technical APIâdriven products.
- You also have experience getting contracts signed.
- You have previous healthcare experience, specifically software companies that sell to payers, providers, revenue cycle management (RCM) businesses, and EHR/practice management systems.
- Youâre comfortable working with technical API products.
- You are exceptional at staying on top of many open threads simultaneously.
- You strive to become the customerâs most trusted advisor.
- You have a low ego.
- You do what it takes to get the job done.
- You move fast.
The annual compensation range for this role is $150K-190K. For roles with a variable component, the range provided is the role's On Target Earnings ("OTE") range, which means that the range is inclusive of the sales commissions or bonus target and annual base salary. This range may be inclusive of multiple experience levels at Stedi and will be narrowed during the interview process based on a number of factors, including the candidate's experience, location, and qualifications.
Account Manager in London employer: Stedi
Contact Detail:
Stedi Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Account Manager in London
â¨Tip Number 1
Get to know the company inside out! Research Stedi's products, values, and recent news. This will help you tailor your conversations and show that you're genuinely interested in being part of the team.
â¨Tip Number 2
Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider info and might even lead to a referral!
â¨Tip Number 3
Prepare for the interview by practising common questions and scenarios related to account management. Think about how you can demonstrate your experience with technical API products and customer success.
â¨Tip Number 4
Donât forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar!
We think you need these skills to ace Account Manager in London
Some tips for your application đŤĄ
Know Your Stuff: Before you start writing your application, make sure you understand Stedi's products and the healthcare sector. This will help you tailor your application to show how your experience aligns with what we do.
Be Personal: When writing your cover letter, donât just regurgitate your CV. Share your passion for the role and how you can contribute to our team. We love seeing personality shine through!
Showcase Your Experience: Highlight your relevant experience in account management and the healthcare industry. Use specific examples to demonstrate how you've successfully managed customer relationships and driven revenue growth.
Apply Through Our Website: We encourage you to apply directly through our website. Itâs the best way to ensure your application gets into the right hands and shows us you're serious about joining the Stedi team!
How to prepare for a job interview at Stedi
â¨Know Your Stuff
Make sure you understand Stedi's products and services inside out. Familiarise yourself with the healthcare sector, especially HIPAA regulations and how they relate to our clearinghouse. This will help you speak confidently about how you can support customers in adopting our solutions.
â¨Showcase Your Experience
Prepare to discuss your previous experience in account management or sales, particularly in the healthcare industry. Highlight specific examples where you've successfully managed customer relationships or driven revenue growth, as this will demonstrate your capability to excel in this role.
â¨Be a Problem Solver
Think of potential challenges that customers might face when using our platform and come up with solutions. During the interview, share your ideas on how you would proactively address these issues and ensure successful product adoption, showcasing your resourcefulness and customer-first mindset.
â¨Engage and Ask Questions
Interviews are a two-way street! Prepare thoughtful questions about Stedi's culture, team dynamics, and future goals. This not only shows your interest in the company but also helps you assess if it's the right fit for you. Plus, it gives you a chance to engage with the interviewers on a deeper level.