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Business Development Executive
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$87k-112k (estimate)
Other | Hospital 3 Months Ago
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Kaiser Permanente is Hiring a Business Development Executive Near Denver, CO

Salary Range: $50.67/hour - $65.52/hour
Job Summary:
Dedicated Business Development Executive to play a crucial role in expanding our market presence and driving growth in the healthcare industry. Responsible for identifying and developing strategic business opportunities, building strong relationships with stakeholders, and implementing initiatives that contribute to the achievement of Kaiser Permanentes market development objectives. Aligns community health strategy with new group sales, retention, and membership enrollment goals by initiating and developing effective relationships with key stakeholders. Develops and maintains relationships with key personnel in Kaiser Permanente external-facing departments, senior management (both Health Plan and CPMG), Account Management and Line of Business Directors.
Essential Responsibilities:
  • Conduct comprehensive market research to identify emerging market trends, opportunities, and areas for business expansion.. Provide recommendations for adapting business strategies based on market insights.
  • Build and utilizes relationships to generates new business opportunities for sales for all commercial segments.
  • Work closely with the marketing and sales teams to develop targeted marketing and outreach strategies that drive business growth.
  • Stay updated on industry trends, emerging technologies, and regulatory changes that could impact the business. Provide recommendations for adapting business strategies based on market insights.
  • Provide regular reports on key performance metrics, revenue projections, and the status of business development initiatives.
  • Identify and qualify potential leads through various channels, including cold calling, email outreach, and networking. Build and maintain a robust pipeline of prospective clients and partners.
  • Ensure that all market development activities adhere to relevant laws, regulations, and company policies, particularly within the healthcare industry.
  • Establish and nurture relationships with key decision-makers, healthcare providers, and potential partners in the healthcare industry. Collaborate with cross-functional teams to leverage existing relationships and create new opportunities.
  • Develops and facilitates engagement plans for Health Plan and Colorado Permanente Med Group (CPMG) and senior executives with prospects and channels.
  • Assist in sales presentations, proposal development, and contract negotiations. Provide support to the sales team in closing deals and meeting revenue targets.
  • Maintain accurate records of all interactions and activities in the companys CRM system. Regularly report on progress, trends, and key performance metrics related to market development efforts.
  • Main Liaison for internal teams such as, but not limited to, Marketing, Community Health, Sales, Account Management, CPMG and Government Relations.

Qualifications:

Basic Qualifications:
Experience

  • N/A
Education

  • Bachelors degree in business, marketing, healthcare administration, sales or related field OR four (4) years of experience in a directly related field.
  • High School Diploma or General Education Development (GED) required.
License, Certification, Registration
  • Driver's License (Colorado)
  • Accident and Health Insurance License (Colorado) within 3 months of hire
Additional Requirements:

  • Proven experience in market development, business development, or a related role, preferably in the healthcare sector.
  • Strong understanding of the healthcare industry, including healthcare systems, providers, and payer dynamics.
  • Excellent communication and interpersonal skills, with the ability to build and maintain professional relationships.
  • Self-motivated, goal-oriented, and able to work independently or as part of a team.
  • Proficiency in using CRM software and other business development tools.
  • Strong analytical and problem-solving skills.
  • Continuing education as required by Colorado Department of Insurance.
  • Demonstrated ability to drive results through various distribution channels.
  • Proven ability to work with decision makers in large corporations and consulting firms.
  • Demonstrated application of sales consulting skills with decision makers.
  • Experience with corporate citizenship, community engagement, or public relations.
  • Demonstrated excellent persuasive written and presentation skills.
Preferred Qualifications:

  • Minimum five (5) years business development or sales experience.

Job Summary

JOB TYPE

Other

INDUSTRY

Hospital

SALARY

$87k-112k (estimate)

POST DATE

01/17/2024

EXPIRATION DATE

04/09/2024

HEADQUARTERS

LOMITA, CA

SIZE

>50,000

FOUNDED

2007

CEO

THELMA NERI

REVENUE

$50M - $200M

INDUSTRY

Hospital

Show more

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If you are interested in becoming a Business Development Executive, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Business Development Executive for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Business Development Executive job description and responsibilities

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The business development executive will focus on customer acquisition, lead generation, and prospect management, as this role will garner and meet with potential clients.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Business Development Executive jobs

Consider earning an advanced degree (MBA or master's).

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Use the right business development methods.

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Step 3: View the best colleges and universities for Business Development Executive.

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