We are a high-growth InsurTech startup using data and machine learning to revolutionise the insurance industry. You will be joining an established team, working to build machine learning products that are fundamentally changing the way insurers see the world, enabling them to move from an assumption based understanding of risk, to an empirical, data-driven view.
What working as a Sales Executive at Cytora looks like:
The Sales function at Cytora has principal responsibility for originating leads and opportunities from our prospect universe, typically; Insurers, MGAs and Brokers. Each opportunity in the Cytora Sales pipeline is managed by a Sales team member, working in close collaboration with relevant technical support from Product, Engineering and Integration colleagues. Ultimate responsibility for progressing opportunities and reporting revenue sits with the Sales team member.
You will be researching the lead’s organisation, identifying key stakeholders and early adopters who will be fundamental in the success of the deal. Our offering is extremely focused, and you will be responsible for understanding the lead’s business needs and ensuring alignment. The Sales function has aggressive growth targets and individual Sales Executives can expect to be measured on metrics relating to activity (new engagements initiated, opportunity advancement etc) and revenue generation (Weighted Pipeline and Closed Annual Recurring Revenue).
Sales Execs can expect to have full involvement in market engagement activity, including close feedback loops to both Marketing and Product. It is essential that Sales Execs are open to cross functional collaboration in order to achieve Company goals.
What you will achieve in the first 3 months:
Cytora has an established on-boarding process company wide, so Sales Execs can expect to have at least 30 mins 1:1 induction time with Team Leaders from all functions within the first two weeks of joining the business. It is essential that successful candidates are prepared for a steep learning curve in order to assist the Sales function and broader Company achieve goals.
New Sales Execs can expect focussed development time with the Head of the Sales function, with freedom to pick topics of focus. The team environment is close-knit, with all team members aware of what each other are working on, allowing for cross-pollination of ideas and knowledge sharing. 1:1 time for personal focus is flexible depending on individual preferences, but this time is respected and maintained as a priority.
What we are looking for in candidates:
You will be somebody who thrives in an entrepreneurial environment, a self-starter who can build process and proactively identify areas of process improvement and revenue growth. You will have the creativity and communication skills to sell in a nascent product category, securing buy in from key stakeholders and C-Suite executives. You will need to be able to understand technical language and concepts internally but effectively communicate this to prospective in industry terms with a focus on business value.
To succeed in this role, you will need to be a problem solver, entrepreneurial, new revenue focused and will ideally have consultative solution sales experience. I.e. revenue generation linked to a non-tangible product, that requires deep understanding of buyer needs.
- 2+ years solution sales experience, personally leading and closing complex 6 figure deals with B2B enterprise customers.
- A direct background in Property & Casualty Insurance, or some experience of positioning solutions or products into this market,
- Ability to work across teams in startup environment (i.e. without structure initially)
- Comprehension of “Strategic selling”, “Solution sales”, “Challenger sales” i.e. complex B2B long sales cycle, managing and growing relationships at C-suite level
- Consistent top performer, exceeding targets.
Start with the customer:
As a Sales Exec you will personify this value, working directly with our customers but also representing them internally. Everything you do starts with the customer.
Ship fast & iterate:
You will move fast, responding quickly to requests and be very entrepreneurially minded.
Impact, not ego:
When the team wins we all win, working with lengthy & complex B2B sales cycle it is incredibly important that you prioritise impact over ego.
Sales is all about this, prioritising your goals and achieving them.
- Private Health Insurance
- Pension Plan
- Training & Development
- Stock Options
- Desk Budget
- Pizza Fridays
Cytora transforms underwriting for commercial insurance. The Cytora Platform enables insurers to underwrite more efficiently and deliver fairer prices to their customers. Cytora is a trusted partner to global insurers, backed by leading venture capital, and supported by builders of some of the world’s most successful technology companies. With a world-class team of experts in machine learning, risk modelling, and strategy, Cytora is powering the future of commercial insurance.
To learn more about our culture and benefits visit our careers page: http://www.cytora.com/careers
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.