
Business Development/Sales Specialist
Posted 3 days ago

Posted 3 days ago
This is a fully remote position, open to applicants in Alabama, +27 more states.
• Identify, shape, and cultivate growth opportunities within self-directed Medicaid services, managed care, and emerging innovation markets.
• Generate and assess self-direction markets, including Financial Management Services (FMS), Support Broker roles, employer authority, waiver amendments, carve-ins, and program redesigns.
• Analyze state Medicaid strategies, Medicaid waivers, Managed Care Organization (MCO) initiatives, and legislative activities that impact self-direction.
• Oversee the sales cycle, from lead generation and discovery to solution positioning, negotiation, and closing deals.
• Build and nurture client relationships while sourcing and qualifying new opportunities through outbound prospecting, market research, and relationship development.
• Design market-entry strategies, segmentation frameworks, and growth roadmaps.
• Construct business cases for new states, health plans, and program expansions, presenting recommendations to executive leadership.
• Identify, qualify, and shape opportunities prior to RFP or procurement release.
• Track leads, activities, forecasts, and strategic account intelligence within CRM systems.
• Develop customized pitches, proposals, opportunity briefs, pursuit strategies, and early-positioning guidance.
• Build and manage a sales pipeline to achieve or surpass revenue targets.
• Explore adjacent growth areas such as Social Determinants of Health (SDoH), caregiver workforce models, technology innovations, and home- and community-based innovations.
• Represent Palco at national and state conferences, policy forums, and innovation summits.
• Collaborate cross-functionally with Product, Compliance, Operations, Marketing, and Client Engagement teams.
• Translate market intelligence into actionable implementation considerations, product requirements, and operational implications.
• Provide executive-ready reporting on market trends, pipeline health, and growth risks and opportunities.
• Negotiate pricing, terms, and contracts effectively.
• Analyze performance data to refine outreach strategies and enhance close rates.
• 3–4 years of experience specifically in Medicaid, Long-Term Services and Supports (LTSS), or government-facing healthcare markets and business development.
• Experience with self-directed Medicaid services, LTSS, FMS, or complex waiver environments.
• Strong grasp of state Medicaid structures, MCO contracting, and government procurement cycles.
• Background in business development, marketing strategy, partnerships, or healthcare policy.
• High level of proficiency with CRM systems, strategic documentation, and analytical discipline.
• Excellent written and verbal communication skills with an executive-level presence.
• Comfortable navigating ambiguity and influencing without direct authority.
• In-depth knowledge of the company’s full suite of products and solutions to accurately position offerings.
• Ability to independently build and maintain a robust sales pipeline.
• Proficient in negotiating pricing, terms, and contracts.
• Capable of operating with minimal oversight while adapting to changing priorities.
• Generous paid time off.
• Annual bonus potential.
• Support for retirement savings.
• Opportunities for career growth.
• Paid training programs.
• Employer-shared health insurance costs.
• Employer-paid disability insurance.
• Employer-paid life and Accidental Death & Dismemberment (AD&D) insurance.
• Vision insurance coverage.
• Cancer insurance options.
• Voluntary life insurance available.
• Remote work environment.
• Paid holidays.
• Emphasis on work/life balance.
• Opportunities for internal and external learning.
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