Senior Strategic Account Executive

Company : Hyperexponential

Job Type : Full Time

London, London

Number of Applicants

:

000+

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Job Description - Senior Strategic Account Executive

Note: This role is London-based and requires being in our office 3 days per week

Reporting to: Sales Director

Sales at hyperexponential

The hyperexponential Sales team had an immensely successful 2023 - doubling our revenue. Our client base now includes Sompo, Markel, Beazley, Aspen, Ascot, Aviva, Convex, Canopius, Aegis, Inigo and one of the "Big 5" US insurers. Having first established our Sales and Marketing teams in 2021, we've achieved a huge amount in only two years and this is a testament to our product and its market fit.

Sales at hyperexponential is high-touch – requiring the winning over of multiple stakeholders over a long period of time. We focus on clients with >$100M revenues and deals that drive £150Kpa - £1m pa ARR. The Strategic Team, work on the largest and most prestigious companies in hx and across the insurance industry.

We are looking for Strategic Senior Account Executives who have well-grounded sales acumen, and a proven track record of hitting/exceeding their numbers and want to be part of creating something revolutionary. Reputation is fundamental in this industry so we need people who can build credibility throughout the sales process and take pride in their technical and industry know-how, winning over the hearts and minds of actuaries, underwriters, IT and C-Suite.

Your Mission

Is to be part of reaching hx’s goal of unicorn status and becoming a $100M revenue company!
This will be an exciting journey, giving you access to all senior levels of hx, a network of senior executives across the industry and helping revolutionise the insurance industry. Our risk modelling SaaS platform, hx Renew, is self-serve - allowing insurance professionals to log in to our development platform and build their models in a faster, more accurate way, enabling users to reduce the industry-standard time to deployment of two weeks down to just 30 minutes - and we've proven this in a live demo! This industry had not seen much innovation up until very recently so our opportunity here is unrivalled.

Having already proven our solution in the market with large enterprise accounts, signing multi-year, seven-figure partnerships, your mission is to help hx grow to a billion-dollar valued software company through new client acquisition and growth.

Key Responsibilities

Develop a sales plan to prospect, build, manage and close deals, while ensuring coverage and penetration of your assigned territory
Strategically manage relationships with multiple senior stakeholders; including C-Suite contacts such as COO, CFO and CIO
Build your pipeline, and then effectively qualify them such that you identify the ones you target to close in-year and the ones you nurture for subsequent years. This will be particularly important as we scale - we already have a large pipeline of potential opportunities so we will need to be efficient with our efforts
Effectively engage internal resources at appropriate stages in the sales cycle to advance the opportunity, including pre-sales engineers, professional services, and leadership as needed
Collaborate with a Sales Development Representative on lead generation, coverage plan, and existing account expansion
Pipeline generation into own list of named accounts
Build strong relationships with system integrators and resale partners
Work closely with our recently established Marketing team on building a world-class demand-generation machine
Collaborate with our Head of Learning when we'll be building a community around our product, Renew, and introducing industry-first Training & Certification services
Participate in marketing events to engage prospects and present hyperexponential’s value

Initial Deliverables

Build an understanding of the subject matter, our product - Renew - and the insurance sector in general, through our carefully designed onboarding process and with our full support!
Establish relationships within hx, with the core teams who will be critical to your success including Customer & Product teams
Once confident, deliver corporate presentations and articulate the value that hx has brought to our existing customers
Learn our internal systems including CRM so that you can start to build out territory plans and track sales activities

Persona

If you're the right fit for this role, you will be able to show clear evidence that you are:

A self-starter with the ability to own/drive your own territory and initiatives for success
Independent & unusually proactive
Someone who delivers on commitments - sets yourself ambitious goals and achieves them
Highly data-driven and results-orientated
A person who has intrinsically high standards - you will set the standard in your team
Unwaveringly enthusiastic - because being the first to do this in an industry can be challenging!
A team player and able to engage and work with the wider hyperexponential team - we win and fail as a team
An active listener - someone who can take on feedback and respond to what the audience wants
Organised and a good planner - able to manage engagements with multiple stakeholders in parallel
Persistent and confident in your approach (but without ever being arrogant!)

Experience and Skills

3-5 years of successful experience in B2B SaaS solution selling with a focus on hunting new business
Strong ability to communicate and present software product demonstrations
Proven ability to meet and exceed a $1 million sales quota, while creating and driving client-centric strategies
Track record of sales performance and exceeding sales targets over their career
Preferred experience selling into line-of-business functions and into complex client environments
Experience using SFDC and other tools to accurately keep track of and forecast on all activities and opportunities
Strong sales methodology and structured approach to driving results ideally including MEDDICC, Sandler, Challenger & Value Based Selling

Interview Process