Job Description

XO Health believes healthcare is fixable. Become part of the community changing the face of the industry.

XO Health is the first health plan designed by and for self-insured employers that delivers a more unified health experience for everyone – from those who receive care, to those who deliver it, to those who pay for it.

We are growing a multi-disciplinary team of diverse and digitally empowered employees ready to rebuild trust in healthcare through comprehensive and unified transformation.

Group Health Plan Sales Representative (Minneapolis)

About the Role

We are looking for an experienced and results-oriented Large Group Health Plan Salesperson to join our team in our Minneapolis, Minnesota market In this role, you will be responsible for selling self-funded health plans administration, prescription drug administration, stop loss and other benefits offerings to large, self-funded businesses, with staffing levels ranging from 50 to 1,000+ employees. The ideal candidate will have a strong understanding of the health insurance landscape, the ability to navigate complex group policies, deep in-market broker and employer relationships and a proven track record of high-level sales.

What You'll Do

• Prospect and generate leads: Identify and engage potential clients in the large group market, using a variety of lead generation techniques such as networking, cold calling, referrals, and market research.

• Consult and advise brokers and clients: Work closely with insurance broker, business decision-makers, HR departments, and executives to understand their employee benefit needs and recommend tailored health insurance solutions.

• Develop and present proposals: Prepare comprehensive and customized health insurance proposals, outlining plan options, costs, and benefits. Deliver clear, concise presentations to key stakeholders.

• Negotiate contracts and close sales: Effectively negotiate plan rates, terms, and benefits with clients, aiming to close deals that meet both client needs and company sales targets.

• Build long-term relationships: Foster strong relationships with brokers and clients to ensure ongoing satisfaction, policy renewals, and potential upselling of additional benefits like dental, vision, or supplemental insurance.

• Industry and regulatory compliance: Remain current on market trends, new products, and regulatory changes, including Affordable Care Act (ACA) requirements and other compliance regulations for large group plans.

• Collaborate with internal teams: Work closely with underwriting and client service teams to ensure seamless onboarding and implementation of new clients.

• Meet sales goals: Achieve monthly, quarterly, and annual sales quotas by developing new business.

Qualifications:

A qualified candidate will likely have

• Proven experience in sales, specifically in large group, self-funded health plans.
• Deep understanding of large group health insurance products, self-funded plans, level-funded, fully insured plans, and ACA compliance for large employers.
• Excellent communication, negotiation, and presentation skills, with experience selling to senior-level executives and decision-makers.
• Ability to analyze complex data and communicate the benefits of various health plan options in a clear and persuasive manner.
• Strong relationship-building skills and a client-focused approach.
• Active health insurance license (required or ability to obtain).
• Proficiency with CRM software and other sales tools.
• Ability to work independently with a results-driven mindset, while also collaborating with internal teams.

Preferred Qualifications

• 3+ years of experience in large group health plan sales.
• Knowledge of ancillary products such as prescription drugs, stop-loss, dental, vision, disability, and voluntary benefits.
• Familiarity with self-funded insurance options and alternative funding arrangements.

Compensation XO Health offers a competitive benefits package and salary, plus sales incentive program for qualified candidates.

Full compensation packages are based on candidate experience and relevant certifications. $75,000—$125,000 USD

XO Health is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. XO Health promotes a drug-free workplace.