Full-Time

Sales Executive

Employee Benefits

Confirmed live in the last 24 hours

Beam

Beam

11-50 employees

Manages emergency aid programs for education

Compensation Overview

$147k - $167k/yr

+ Bonus + Incentives

Mid, Senior

Bakersfield, CA, USA

Category
Enterprise Sales
Sales & Account Management
Required Skills
Lead Generation
Salesforce
Data Analysis
Requirements
  • 3+ years of B2B sales experience in a high-volume role
  • Channel sales experience preferred (e.g., through employee benefits brokers and/or general agencies)
  • Experience working in the insurance industry, ideally in dental, vision, life, disability, and/or supplemental health products
  • Ability to generate and analyze reports to optimize sales performance and enhance the purchasing experience for employee benefits brokers
  • Strong organizational skills combined with exceptional written and verbal communication abilities
  • Ability to quickly learn new ancillary product lines and adapt to dynamic sales processes and tools
  • Familiarity with Salesforce is a plus
  • Requirement to secure your Life & Health license within 60 days of your start date
  • A passion for developing relationships within the employee benefits broker community, with an emphasis on in-person engagement and rapport-building
  • Ability to travel up to 50% of the time within your assigned territory for in-person meetings and events
Responsibilities
  • Consistently meet or exceed assigned sales objectives, including monthly, quarterly, and annual booking targets, by executing the full Beam sales process
  • This includes broker prospecting, broker lead generation, qualifying opportunities, scheduling appointments, delivering presentations, understanding employer benefit challenges, developing solutions and proposals, forecasting & pipeline management, and overcoming objections
  • Execute Beam's repeatable sales process to rapidly develop new markets, with a focus on high-activity tactics such as emails, cold calls, and web demos
  • Establish and expand strong, productive relationships with independent and regional, and national brokerage partners, quickly converting those relationships into new Beam clients
  • Maintain accurate sales data to inform process improvements and create efficiencies within the team and across new markets
  • Stay informed about new product and feature launches, ensuring broker partners are up-to-date and equipped to succeed
  • Track and analyze activity and sales metrics to ensure alignment with goals
  • Regularly collaborate with sales leadership to identify trends and ensure both your territory and broker partners are progressing toward success
  • Use Salesforce to meticulously track all opportunities, leads, activities, forecasts, and related data to drive results and improve efficiency
Desired Qualifications
  • Medical sales, insurance sales, employee benefits, HR, or brokerage experience is not required but is preferred

Beam provides a platform that helps educational institutions manage emergency aid programs for students facing financial difficulties. The platform simplifies the process of distributing emergency funds by handling application intake, assessing student needs, and ensuring quick fund disbursement, often within 48 hours. This system is designed to comply with federal regulations, making it easier for schools to support students in need. Beam differentiates itself from competitors by focusing specifically on the education sector and offering detailed reporting features that help institutions maintain compliance with Department of Education requirements. The goal of Beam is to enhance student retention by ensuring that financial aid reaches those who need it most, thereby helping students stay in school.

Company Size

11-50

Company Stage

Series A

Total Funding

$22.6M

Headquarters

New York

Founded

2012

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with fintech can enhance financial aid services with innovative payment solutions.
  • Growing interest in data analytics can improve Edquity's reporting and predictive analytics features.
  • Increased focus on mental health support offers integration opportunities with financial aid services.

What critics are saying

  • Increased competition in EdTech could dilute Edquity's market share.
  • Potential changes in federal regulations may require costly platform updates.
  • Economic downturns may reduce funding for institutions, impacting Edquity's revenue.

What makes Beam unique

  • Edquity offers rapid aid disbursement, often within 48 hours, ensuring timely support.
  • The platform complies with federal regulations, aiding institutions in maintaining compliance.
  • Edquity's technology-driven platform streamlines emergency aid distribution, enhancing efficiency.

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Benefits

Medical, dental, vision, disability, & life insurance

401k options

Unlimited PTO

Remote work

Flexible hours

Parental leave

Desk stipend

Continuous learning stipend

Company social events

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-5%
Scholarship America
Feb 8th, 2025
Doubling Student Success: Emergency Aid at Compton College

And Scholarship America, the nation's largest designer and administrator of scholarship programs, is proud to be partnering with Beam to expand the reach, impact and accessibility of emergency aid for students in need.

ServeMinnesota
Nov 19th, 2021
Edquity partners with Serveminnesota

“Edquity is proud to be partnering with ServeMinnesota to support their AmeriCorps members and advance their mission to catalyze positive social change centered around service.”

Salamanca Press
Nov 18th, 2021
Edquity launched platform on Nov 18th 21'.

Edquity, which helps government agencies and higher education institutions distribute cash assistance in a manner that is equitable, effective, and federally compliant, today announced the launch of a new platform designed to support the administration of emergency rental assistance programs (ERAP).

AmericanInno
Jul 28th, 2020
Here are the social impact startups AmFam backed in the last year

Throughout the last year, Madison-based American Family Insurance has backed a dozen startups across the U.S. through its venture fund that aims to support companies that are making the world a better place.