Full-Time

Vice President

Sales

Confirmed live in the last 24 hours

ParetoHealth

ParetoHealth

51-200 employees

Self-insured employee health benefits solutions

Data & Analytics
Consulting
Healthcare

Senior

Chicago, IL, USA

Requires residence in the Greater Chicago area with frequent local travel.

Category
Field Sales
Sales & Account Management
Required Skills
Salesforce
Requirements
  • 5+ years of experience in the self-insured, self-funded or stop-loss market
  • Exceptional presentation and communication skills
  • Familiarity with Salesforce or other CRM applications
  • Must possess strong negotiating skills and excellent written and oral communication skills
  • Bachelor’s degree preferred or equivalent work experience
  • This position is REMOTE but requires residence in the Greater Chicago area with frequent local travel required
Responsibilities
  • Identify, educate and develop strong consultant partner relationships with insurance brokers and employee benefits advisors
  • Assist consultants with the identification and education of good prospective employers
  • Mastery of Pareto’s cost containment programs and their application for consultants and prospective employers
  • Develops strong relationships with members of Pareto’s underwriting, market development, and marketing teams
  • Drive the understanding of large and complex risk management programs
  • Create and execute a regional sales plan that will support the successful execution of sales goals

ParetoHealth offers employee health benefits solutions for small and medium-sized businesses through a self-insured model, allowing companies to set aside funds for health claims instead of paying insurance premiums. Their main product is the "benefits captive" program, where multiple companies share the risk of health claims, helping to manage costs and provide comprehensive benefits. What sets ParetoHealth apart is their use of data-driven intelligence to monitor and control claims costs, ensuring employees receive quality care at competitive prices. The company's goal is to deliver a complete solution for health benefits while fostering a diverse and inclusive workplace.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$522.1K

Headquarters

Philadelphia, Pennsylvania

Founded

2011

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Warburg Pincus's investment provides capital for expansion and innovation.
  • Reaching 2,000 employers in the captive program shows strong market demand.
  • Strategic sales team expansion targets new markets in the Western and Southwestern U.S.

What critics are saying

  • Increased competition could erode ParetoHealth's market share.
  • Regulatory changes may increase compliance costs for self-insured plans.
  • Economic downturns might reduce SMEs' spending on employee benefits.

What makes ParetoHealth unique

  • ParetoHealth offers a unique self-insured model for SMEs to manage health benefits.
  • Their benefits captive program pools resources to mitigate large health claim risks.
  • Data-driven intelligence is used to control claims costs and ensure quality care.

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