VP, Sales - Vigilanz
Bowie, MD 
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Posted 11 days ago
Job 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.

Overview: The VP, Sales will lead, drive, and ultimately be responsible for all planning, implementation, execution, and successful achievement of sales (e.g. de novo, expansion, renewal, extension, direct, procurement and cross-sell) for the Company's Business Unit to achieve the company's targets of market penetration, revenue, and margin metrics, client satisfaction, product and client diversification, and on-going compliance and regulatory, quality, accreditation, delegation, and contractual requirements of the products and services of Inovalon, its affiliates, and any acquired businesses.

Duties and Responsibilities:

  • Develop and maintain an expert level of knowledge regarding vision; products, services, infrastructure, operations, markets, competitors, and regulations of the Company's Business Unit to achieve optimal insight into the Company's Business Unit Goals, opportunities, capabilities, strategies, functional requirements, compliance and risks;
  • Lead, drive and ultimately be responsible for all planning, implementation, execution, and successful achievement of sales, to include:
    1. Lead, drive and ultimately be responsible for the development and implementation of go-to-market strategies for all new and existing products and services to achieve the Company's Business Unit goals as outlines above;
    2. Lead, drive and ultimately be responsible for the development and provision of accurate, detailed, financial projections, process, and personnel performance metrics, and opportunity/deal progression tracking pertaining to the Company's Business Unit goals, individual products and services, and utilized resources as outlined above on a weekly basis;
    3. Scale, lead, drive, and manage all personnel teams, tools, processes, policies, procedures, and associated resources to achieve the Company's Business Unit goals as outlined above; notably including the areas of: sales, marketing, communications, market reputation, market awareness, subject matter expertise, lead generation, proposal development, channel partnerships, and strategic relationships;
    4. Maintain comprehensive communication with Inovalon Management and appropriate internal personnel, vendors, and clients regarding timeliness, readiness, needs, risks, cost implications, resources requirements, and all other material aspects related to legal affairs; and
    5. Participate with The Company's Business Unit leadership in the strategic development of initiatives to identify enhancements which may improve products, services, operations, client appeal, process flow, risk exposure, and overall business function, industry reputation, and financial performance.
  • 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; and
  • 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:

  • Minimum of 15 years of experience working in the healthcare and healthcare technology fields with progressive sales management experience;
  • Experience in Life Sciences, Specialty Pharmacy, Health System or related sales;
  • Extensive knowledge of the Technology/Analytics industry market, business and sales operations;
  • Strong client focus and ability to understand and achieve client needs and close business opportunities;
  • Ability to grow and develop in an entrepreneurial, fast paced growth organization;
  • Experience in building, developing and motivating a high performance and accountable sales team that is committed to results;
  • Proven ability developing sales forecasts, business strategies, budgets, quotas, and business plans and delivering presentations, both internal and external;
  • Designing and developing sales organizations that are models for success within the industry;
  • Exhibits desirable and appropriate professional behavior including leadership, sense of urgency, independent judgment, nimbleness, creative thinking and personal integrity to provide for a cohesive, sales team dedicated to the achievement of corporate goals;
  • Ability to design the sales force to effectively target the full account space with a structure that best aligns with the sales process strategies (i.e., account assignments, territory allocation and design, etc.);
  • Proven ability to operate as entrepreneur within the teams that are client focused and the ability to instill this quality in others; and
  • Established relationships within the Specialty Pharmacy, Health System and or Life Sciences segments is a plus.

Education:

  • Bachelor's degree in Sales and Marketing, Business Management or related field required and 15+ years of equivalent experience in related field; and
  • MBA preferred in related field or 13+ years' experience with equivalent experience.

Physical Demands and Work Environment:

  • Sedentary work (i.e., sitting for long periods of time);
  • Exerting up to 35 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; and
  • Subject to inside environmental conditions.

Travel: Travel as needed for in-person meetings with customers and partners and to develop key relationships.

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.

Base Compensation Range
$200,000$225,000 USD

Studies have shown that women and people of color are less likely to apply for jobs unless they believe they meet every one of the qualifications listed in a job description. If you don't meet every qualification listed but are excited about our mission and the work described, we encourage you to apply regardless. 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 diversity, equity and inclusion we enhance our work environment and drive business success. Inovalon strives to reflect the diversity of the communities where we operate and of 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 and is an affirmative action employer. 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.

The Company maintains a drug free work environment for all of its associates, which includes employees, contractors and vendors. It is unlawful for associates to manufacture, sell, distribute, dispense, possess or use any controlled substance or marijuana in the workplace and doing so will result in disciplinary action, up to and including termination of employment or the contracted relationship.

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


Inovalon provides equal employment opportunities (EEO) to all employees and applicants for employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
15+ years
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