Business Development Manager

Overview Inovalon was founded in 1998 on the belief that technology, and data specifically, would empower the transformation of the entire healthcare ecosystem for the better, improving both outcomes and economics. At Inovalon, we believe that when our customers are successful in their missions, healthcare improves. Therefore, we focus on empowering them with data-driven solutions. And the momentum is building. Together, as ONE Inovalon, we are a united force delivering solutions that address healthcare’s greatest needs. Through our mission-based culture of inclusion and innovation, our organization brings value not just to our customers, but to the millions of patients and members they serve. Overview: The Business Development Manager applies healthcare industry knowledge, advanced sales acumen, and disciplined territory management to drive growth within an assigned geographic region or book of business. This role independently manages the full sales lifecycle from prospecting through close while maintaining rigorous pipeline management and consistent use of sales operations processes. The Business Development Manager builds influence with both customer stakeholders and internal partners through exceptional communication, consultative selling, and data-driven insights. Responsibilities Drive demand and increase awareness of Inovalon’s products by engaging prospects and nurturing existing relationships through effective communication across multiple channels, including in-person meetings, virtual interactions, and phone outreach. Maintain disciplined and reliable execution of sales operations, including accurate CRM documentation (Salesforce), pipeline hygiene, forecasting, and follow-up processes. Identify, qualify, and develop net-new business opportunities while expanding and strengthening existing client relationships. Develop an understanding of Inovalon’s enterprise solutions and the ONE Inovalon mission, identifying and connecting opportunities across business units and collaborating with colleagues to ensure customers receive the full value of Inovalon’s offerings—even beyond the assigned territory or BU. Work closely with assigned Sales team and other team members in your territory to qualify prospect accounts, ensure web demonstrations are completed in a timely and thorough manner, and all sales opportunities are properly gathered with Marketing, Sales, and Business Development departments. Partner with Marketing to communicate customer insights, competitive trends, and emerging needs that influence product and go-to-market strategy. Lead or support product presentations, solution positioning, and demonstration processes in collaboration with Sales, Marketing, and Business Development teams. Develop a deep understanding of the territory’s market dynamics, competitive landscape, and customer needs to inform strategic sales planning. Conduct effective discovery, needs assessments, and consultative conversations that influence customer decision-makers. Collaborate with assigned Sales Representatives, Marketing, and Business Development leaders to synergize sales efforts, follow up activities and support each other with identified new business opportunities and clients. Travel to meet with prospective and existing clients to drive sales outcomes and strengthen relationships. Serve as an informal mentor or coach to new hires by modeling best practices in sales process discipline, communication, and customer engagement. Contribute to a positive team culture that emphasizes accountability, collaboration, and continuous improvement. Maintain compliance with Inovalon’s policies, procedures and mission statement. Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon’s Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position; and Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Company. Qualifications 3-5 years of progressive sales or business development experience, preferably within the healthcare, health technology, or payer/provider space. Demonstrated success managing a territory or book of business with measurable revenue outcomes. Proven track record of consultative, solution-based selling, including running discovery, developing value propositions, and influencing cross-functional decision-making. Experience maintaining accurate pipeline management, forecasting discipline, and CRM hygiene (Salesforce strongly preferred) with limited supervision. Advanced communication and presentation skills, with the ability to translate technical or clinical concepts into compelling business value. Ability to independently drive the full sales lifecycle—prospecting, qualifying, presenting, negotiating, and closing. Strong territory planning and prioritization skills, with the ability to balance new business generation and account expansion. Proven ability to conduct strategic, value-based discussions with C-suite leaders to advance complex sales opportunities. Leadership or supervisory experience preferred. Proficiency in Microsoft Office Suite; strong command of PowerPoint and Excel for sales presentations and territory planning. Education BA or BS degree in technical or business discipline and/or related field, or equivalent work experience. Physical Demands and Work Environment Sedentary work (i.e. sitting for long periods of time). Exerting up to 10 pounds of force occasionally and/or negligible amount of force. Frequent or constant lifting, carrying, pushing, pulling or otherwise moving objects and repetitive motions. Subject to inside environmental conditions. Up to 25% travel for business-related purposes. Compensation and Benefits Base Compensation Range: $65,000—$80,000 USD. This position may be eligible for performance-based incentives. The actual base pay offered may vary based on factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity. Inovalon offers a wide range of benefits including health insurance, life insurance, disability, 401k, paid time off, and more. Other notes: This position is not eligible for immigration sponsorship (e.g., H-1B, TN, or E-3) for US-based applicants. Applicants must be authorized to work in the United States. If you don’t meet every qualification listed but are excited about our mission and the work described, we encourage you to apply. Inovalon is an equal opportunity employer and is committed to inclusivity and equal employment opportunity regardless of race, color, religion, sex, national origin, sexual orientation, age, disability, gender identity, veteran status, or other legally protected characteristics. For more details, please review our labor law posters and California Privacy Statement links as applicable. #J-18808-Ljbffr Inovalon