Chief Revenue Officer
2 days ago
Old Greenwich
Job Description Job Overview: This critical role requires demonstrated market experience, strategic vision, and leadership that align with the company’s vision, mission, and values. The Chief Revenue Officer (CRO) is responsible for driving sales success while delivering maximum growth and profitability. This role is responsible for directing and managing distribution and channel strategies, product pricing, sales compensation, and market competitiveness, with oversight from the CEO. The CRO must display “hands-on experience” in the employee benefits business to successfully guide the distribution, marketing, and sales strategy. Company Overview: Our goal is to lead a transformative shift in the employee benefits industry. We are committed to our mission of delivering unparalleled value to our customers by easing administrative challenges through cutting-edge technology. When we do our jobs well, those who cannot afford the benefits they need can now get them, and those who can afford them get better value for every dollar they spend on benefits. Our vision is the seamless and precise management of employee benefit administration, underpinned by our fundamental values: • Act with Integrity: We demonstrate courage and character to always do what is right., • Pursue Excellence: We focus our knowledge, experience and expertise to create extraordinary value for our customers., • Share Success: We are one team, leveraging each other’s expertise to succeed together. We understand we can achieve more together than as individuals., • Customer Focus: Relationships are the foundation of our success. We will bring empathy, passion and professionalism to the relationship., • Commit and Deliver: We are accountable to our clients and each other to deliver what we promise, take ownership of our obligations and learn from our mistakes., • No Swearing nor Gossiping: We do not accept that these traits build trust and respect within our organization or with our customers and partners., • Embrace Growth: We pursue continuous improvement, adapting with purpose to drive rapid growth and lasting value. Leadership • Lead the sales and marketing function for the organization. This position requires thinking both strategically and tactically to support growth., • Recruit, train, develop, and retain a team of professionals in both sales and marketing groups., • Lead development of marketing solutions and distribution channels that drive product profitability and mitigate risk., • Develop and direct sales and distribution strategies, establishing milestones, product pricing, and distribution channels., • Establish and maintain partnerships with key stakeholders., • Ensures alignment with overall organizational values, goals, mission, and vision., • Oversee the sales and marketing team’s compensation plans., • Develop Revenue Strategy. Develop and implement key marketing, sales, and customer service programs to grow the customer base and gain sustainable revenue. Work closely with Operations and Finance to implement profitable and effective marketing and sales programs., • Partnership and Business Development. A track record of creating alliances to leverage synergies and create win-win situations is critical for the CRO position. This executive must have experience building relationships with partner companies that extend the brand offering., • Customer Identification & Retention. The Chief Revenue Officer must have solid experience in owning the sales and marketing functions in relation to both customer acquisition and loyalty-building programs. This executive will bring a strategic approach to identifying and capturing profitable growth targets with defined KPIs and ROI., • Leadership. The successful candidate will have led a sales and marketing team that successfully grew a business to critical mass. This includes the fundamental sales disciplines of cold calling, maintaining an opportunity pipeline large enough to meet the annual revenue targets., • The successful candidate will have led the development of marketing plans to grow a business. This executive must have proven experience thinking out of the box to identify target markets and segments through the most effective channels. This includes strong experience with web-based, partner, channel, and benefits industry initiatives., • Lead direct marketing activities., • Provide leadership to all marketing efforts, including the branding and communication associated with new product and service launches. Lead and maintain the development of all marketing opportunities and channels., • Identify and implement strategic marketing initiatives and create partnerships., • Conduct market research to assess product performance and identify potential customers and promotion opportunities., • Minimum of two years sales management in the benefits, insurance or financial services industry. Other industries will be considered if they are directly related to the employee benefits business., • Competitive Compensation including Commission Plan, • Medical/Dental/Vision/Life, • LTD, STD, and 401(k), • Employee Paid HSA for HDHP, • Generous Paid Time Off Policy, • Free Healthy Snacks, Office Meals, and Refreshments, • Onsite Gym Affirmative Action / Equal Opportunity Employer: AdminaHealth does not discriminate in any aspect of employment on the basis of race, color, religion, national origin, ancestry, gender, sexual orientation, gender identity and/or expression, age, veteran status, disability, or any other characteristic protected by federal, state, or local employment discrimination laws where AdminaHealth does business. Disclaimer: This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice. Company DescriptionAdminaHealth® was founded on a disruptive idea: deliver the most complete cloud-based invoice consolidation, reconciliation, and payment management solution to the benefits industry. With a single software system, AdminaHealth provides unique operational, reporting, and billing solutions specifically targeted to the Broker, TPA, Captive, Association, and Carrier industries. Our Mission: We simplify insurance benefit administration with innovative technology complemented by expert support, empowering customers to enjoy greater value and administrative ease. Our Vision: A future where insurance administration is seamless and reliable, delivering exceptional value that betters lives and strengthens trust for a more connected and flourishing future.AdminaHealth® was founded on a disruptive idea: deliver the most complete cloud-based invoice consolidation, reconciliation, and payment management solution to the benefits industry. With a single software system, AdminaHealth provides unique operational, reporting, and billing solutions specifically targeted to the Broker, TPA, Captive, Association, and Carrier industries.\r\n\r\nOur Mission: We simplify insurance benefit administration with innovative technology complemented by expert support, empowering customers to enjoy greater value and administrative ease.\r\n\r\nOur Vision: A future where insurance administration is seamless and reliable, delivering exceptional value that betters lives and strengthens trust for a more connected and flourishing future.