What are the responsibilities and job description for the Strategic Account Executive, Financial Services position at Empathy?
Empathy is transforming the way families navigate life’s most difficult times - from the loss of a loved one to other major life transitions. By combining technology with compassionate human care, we bring clarity, comfort, and peace of mind when it matters most.
We partner with leading employers, insurers, and financial institutions to deliver meaningful, human-centric support at scale. Today, Empathy supports over 50 million people across the US, Canada, and the UK.
Backed by top-tier investors including General Catalyst, Index Ventures, Adams Street, Aleph and Entreé Capital. We've raised over $160 million to date, including a $72 million Series C, to expand our impact and scale our mission worldwide.
The Insurance & Wealth Solutions Team at Empathy drives enterprise sales, by partnering with life insurance carriers, wealth managers, retirement organizations, financial advisory groups, and other financial institutions to deliver Empathy's innovative support solutions. We work closely with our partners, helping them reimagine how they serve their customers, creating transformative solutions that align with empathy and care.
The team is composed of dynamic business development leaders with diverse experience and expertise, united by a shared passion for achieving ambitious goals, driving our mission forward, and delivering exceptional results. Together, we are dedicated to making a meaningful impact, fostering innovation, and setting new standards of success in the industry.
In this role you will:
Cultivate and oversee a dynamic sales pipeline within the Insurance and Wealth sector.
Formulate strategic deal models and cultivate substantial, intricate partnerships.
Identify and capitalize on new business prospects, driving revenue and fostering sustainable financial growth.
Engage and influence senior leadership at major financial institutions, bringing a confident and credible executive presence to every interaction.
Lead negotiations throughout the sales process to secure favorable terms and agreements for multi-year contracts.
Foster connections with industry experts for strategic collaborations and business expansion.
Collaborate closely with Product and Marketing teams to develop holistic solutions.
Tag team with other Insurance and Wealth department members at industry events and joint deals.
Requirements:
5 years of successful sales experience within a SaaS organization, preferably selling into financial or insurance institutions.
3 years of experience in hands-on business development work, from value creation to contract negotiation, funnel creation, and opportunity management.
Familiarity and experience applying and running a MEDDIC or MEDDPIC sales methodology
Ability to confidently present to — and build trust with — C-level executives at Fortune 500 firms, with the presence and polish to influence strategic decision-making at the highest levels.
Demonstrated success in navigating complex, enterprise-level sales cycles involving multiple stakeholders, and averaging high six-figure ACV agreements.
Proven track record of surpassing quotas in high-growth sales environments.
Profound understanding of U.S. Insurance and Wealth products/services and claims decision-making processes.
Willingness to travel across the U.S. (approximately 15% travel).
Preferred :
Experience working with Insurance and Wealth organizations
Strong understanding of Insurance and Wealth agents’ needs and pain points
Familiarity with platforms such as Salesforce and Gmail.
The salary for this position is approximately $320,000 OTE with an uncapped annual variable based on goal attainment plus equity and full benefits package. The exact compensation is decided based on many factors, including but not limited to: skills, qualifications, and geographic location.
To support our employees, we offer comprehensive benefits both in and out of the office. These include premium healthcare, comprehensive paid time off, and flexible parental leave. Our bereavement care includes premium access to the Empathy platform and support for employees and their families. We support financial wellness with a company-sponsored 401(k) plan and up to a 4% employer match, along with competitive stock options. With annual retreats, team lunches for our NYC office, and a remote employee stipend, we prioritize spending time together and investing in our people. We hope you will want to join our exceptional team!
Salary : $320,000