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Managing Director, Health Plan Sales

Company Description

PG Forsta is the leading experience measurement, data analytics, and insights provider for complex industries—a status we earned over decades of deep partnership with clients to help them understand and meet the needs of their key stakeholders. Our earliest roots are in U.S. healthcare –perhaps the most complex of all industries. Today we serve clients around the globe in every industry to help them improve the Human Experiences at the heart of their business. We serve our clients through an unparalleled offering that combines technology, data, and expertise to enable them to pinpoint and prioritize opportunities, accelerate improvement efforts and build lifetime loyalty among their customers and employees.

Like all great companies, our success is a function of our people and our culture. Our employees have world-class talent, a collaborative work ethic, and a passion for the work that have earned us trusted advisor status among the world’s most recognized brands. As a member of the team, you will help us create value for our clients, you will make us better through your contribution to the work and your voice in the process. Ours is a path of learning and continuous improvement; team efforts chart the course for corporate success.

Our Mission:

We empower organizations to deliver the best experiences. With industry expertise and technology, we turn data into insights that drive innovation and action. 

Our Values:

To put Human Experience at the heart of organizations so every person can be seen and understood. 

  • Energize the customer relationship: Our clients are our partners. We make their goals our own, working side by side to turn challenges into solutions. 
  • Success starts with me: Personal ownership fuels collective success. We each play our part and empower our teammates to do the same. 
  • Commit to learning: Every win is a springboard. Every hurdle is a lesson. We use each experience as an opportunity to grow. 
  • Dare to innovate: We challenge the status quo with creativity and innovation as our true north. 
  • Better together: We check our egos at the door. We work together, so we win together. 

 

Job Description

The Managing Director is responsible for leading the overall relationship with health plan clients to ensure that client value is realized, as well as identifying, pursuing, and securing new business opportunities to drive company growth of Press Ganey solutions.

Duties & Responsibilities:

  • Serve as the overall relationship manager for the client and be responsible for retention of existing client revenue through developing outstanding relationships across all levels of the organization, especially within the executive suite.
  • Lead the client value strategy, navigating the C-suite and other business leaders, to ensure the client is maximizing the relationship. 
  • Identify sales opportunities and engage with the sales team to partner on securing growth.
  • Develop and implement effective business development strategies to generate net new business.
  • Identify and target potential clients through market research, networking, and lead generation.
  • Conduct presentations and demonstrations to prospective clients to showcase our solutions.
  • Manage the sales pipeline ensuring targets are met.
  • Analyze market trends and competitor activities to identify new opportunities and adjust strategies as needed.
  • Responsible for meeting regularly with the C-Suite (including ongoing Executive Briefings) to align with the strategy and goals of the client organization.
  • Demonstrate deep knowledge of client and develop recommendations based on clients’ business needs and usage patterns.
  • Work cross functionally across Press Ganey to fulfill on client value proposition and address client needs/concerns. This includes facilitating on-demand and proactive guidance for the client.
  • Provide market insights and strategic advice.
  • Understand client Partnership Dashboard (including Voice of Client and internal client health assessment) and implement plans to address.

Qualifications

  • 5-10 years sales experience 
  • Experience in selling to health plans (payers) and TPAs (Third-party Administrator)
  • Understanding of Health Plans, including Star Ratings, HEDIS measures, Medicare, Medicaid, etc.
  • Excellent interpersonal, communications, listening, and presentations skills.
  • Solid working knowledge of strategic planning, execution of strategy, business development and sales
  • Demonstrated solid leadership qualities and organizational skills
  • Flexible to work between the hours of 8AM ET and 5PM ET including weekends and holidays with the possibility to flex up or down hours depending on business needs. 

Education:

  • Bachelor’s degree and 5+ years of prior relevant experience 

Additional Information

Press Ganey Associates LLC is an Equal Employment Opportunity/Affirmative Action employer and well committed to a diverse workforce. We do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, veteran status, and basis of disability or any other federal, state or local protected class. 

Pay Transparency Non-Discrimination Notice – Press Ganey will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 

The expected base salary for this position ranges from $101,000 to $160,000.  It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, licensure or certifications obtained. Market and organizational factors are also considered. In addition to base salary and a competitive benefits package, successful candidates are eligible to receive a discretionary bonus or commission tied to achieved results.

All your information will be kept confidential according to EEO guidelines.

Our privacy policy can be found here: https://www.pressganey.com/legal-privacy/ 

#LI-Remote

Average salary estimate

$130500 / YEARLY (est.)
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$101000K
$160000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Managing Director, Health Plan Sales, Press Ganey

At Press Ganey, we’re seeking a dynamic Managing Director for Health Plan Sales to join our team in Nashville, TN! As the leading experience measurement and data analytics company, we pride ourselves on our ability to improve human experiences within healthcare and beyond. In this engaging role, you will manage relationships with our health plan clients to ensure they're getting the most value from our solutions. You'll have the opportunity to work closely with top executives, navigate the complexities of the healthcare landscape, and promote our innovative solutions. By identifying new business opportunities and working with our sales team, you’ll play a pivotal role in driving growth for Press Ganey. You’ll also conduct impactful presentations, analyze market trends, and contribute to developing strategic business plans. Ideally, you should have 5 to 10 years of relevant sales experience, particularly with health plans, and bring excellent communication skills to foster strong relationships with clients. At Press Ganey, we believe that our successes stem from our incredible team. If you thrive in a collaborative environment and have a passion for transforming healthcare experiences, then this is the perfect opportunity for you!

Frequently Asked Questions (FAQs) for Managing Director, Health Plan Sales Role at Press Ganey
What does a Managing Director in Health Plan Sales do at Press Ganey?

The Managing Director in Health Plan Sales at Press Ganey is responsible for overseeing client relationships, ensuring value realization, and developing new business opportunities. This role requires significant interaction with clients, particularly at the C-suite level, to understand their needs and demonstrate how Press Ganey’s solutions can aid in their success.

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What qualifications are required for the Managing Director position at Press Ganey?

To qualify for the Managing Director position in Health Plan Sales at Press Ganey, you should have 5-10 years of sales experience, particularly in selling to health plans and third-party administrators. A strong understanding of health plans, excellent communication skills, and the ability to develop strategic sales plans are also essential.

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What is the expected salary range for a Managing Director at Press Ganey?

The expected base salary for the Managing Director of Health Plan Sales at Press Ganey ranges from $101,000 to $160,000, depending on experience and qualifications, with additional opportunities for bonuses based on performance.

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How does Press Ganey support diversity in hiring for the Managing Director position?

Press Ganey is committed to diversity in the workplace. As an Equal Employment Opportunity/Affirmative Action employer, we actively seek candidates from various backgrounds and do not discriminate based on race, gender, age, or any other protected status.

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What does the career growth look like for a Managing Director in Health Plan Sales at Press Ganey?

A Managing Director in Health Plan Sales at Press Ganey can expect significant opportunities for career advancement, particularly in developing leadership capabilities, working on high-profile projects, and guiding innovative strategies that shape the future of healthcare experience management.

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What makes Press Ganey a great place to work for Managing Directors in Health Plan Sales?

Press Ganey fosters a collaborative culture with a focus on continuous learning and improvement. As a Managing Director, you will be a part of a talented team that values your input and encourages you to innovate and excel in transforming client experiences.

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What specific skills are vital for success in Press Ganey’s Managing Director role?

Success in the Managing Director role at Press Ganey requires strong sales acumen, leadership skills, the ability to analyze market trends, and proficiency in client relationship management, especially within health care contexts. Excellent presentation and communication abilities are crucial for engaging with clients effectively.

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Common Interview Questions for Managing Director, Health Plan Sales
How would you approach managing client relationships as a Managing Director at Press Ganey?

To manage client relationships effectively, I would first prioritize understanding the client's business needs and challenges. Establishing trust and open communication is essential, along with regularly checking in to ensure they are maximizing the value of our services. Leveraging insights to propose strategic solutions will also be key.

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Can you describe a successful sales strategy you’ve employed in the healthcare sector?

Certainly! A successful sales strategy I've employed involved conducting thorough market research to identify potential health plan clients and their specific pain points. Customizing my presentations based on their organizational goals and showcasing relevant case studies can effectively demonstrate the value of our services.

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What factors do you consider when analyzing market trends for health plans?

When analyzing market trends, I focus on understanding regulatory changes, competitive positioning, and evolving client needs. Reviewing industry reports and staying informed about emerging technologies can provide valuable insights to influence our sales strategy.

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How do you measure success in client relationship management?

Success in managing client relationships can be measured by client retention rates, satisfaction metrics, and the growth of our business with those clients. Regular feedback and open channels of communication also help gauge the health of the relationship.

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Describe a time you overcame a challenge in a sales role.

In a previous role, I faced a challenge where a key client was considering leaving due to dissatisfaction. I took the initiative to meet with them directly to listen to their concerns, proposed targeted solutions based on their feedback, and ultimately restored their trust and business.

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How do you stay updated with industry changes in health plans?

I stay updated by participating in industry webinars, subscribing to relevant publications, and engaging with my professional network. I also find attending industry conferences invaluable for gaining real-time insights and networking.

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What leadership qualities do you possess that would benefit Press Ganey?

I possess strong communication, empathy, and strategic thinking skills that can effectively motivate and lead a team. I believe in leading by example and fostering an environment where team members feel valued and empowered to contribute.

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How do you tailor presentations to meet the specific needs of health plan clients?

To tailor presentations for health plan clients, I first conduct thorough research on their organization's unique challenges and goals. I then customize my message to address their specific needs, incorporating relevant data and case studies that demonstrate how our solutions can provide tangible benefits.

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What strategies do you use for effective networking within the healthcare industry?

For effective networking, I leverage industry events, LinkedIn, and professional organizations. Building genuine relationships through active engagement and being a resource for others has proven effective in expanding my network and finding new opportunities.

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How would you handle a disagreement with a client regarding strategic direction?

Handling disagreements involves active listening and understanding the client’s perspective. I would aim to find common ground, propose alternatives that meet both our interests, and foster an ongoing dialogue to ensure we are aligned on the strategic direction moving forward.

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DATE POSTED
November 24, 2024

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