Betterment logo

Sales Manager

Betterment for Business is a 401(k) service built from the ground up with the needs of the modern employee in mind.

Betterment

Icons/design/feather/users

201-500

Icons/design/feather/country/us United States

Betterment for Business is a 401(k) service built from the ground up with the needs of the modern employee in mind. It’s selected by employers who want to offer their employees tailored financial advice that will help them create a more secure future. Betterment’s 401(k) offering is powered by Betterment’s proprietary, smart technology that automates and optimizes asset allocation to enhance financial wellness. As a fiduciary that is independent of the funds it invests in, Betterment believes that everyone has the fundamental right to expert financial advice. Headquartered in New York City and created by the largest independent online financial advisor, Betterment’s 401(k) is used by leading employers like Casper and Boxed. For more information, visit www.betterment.com/401k.

About the Role:

We’re looking to bring on an experienced Sales Manager to lead our Small to Medium sized business segment (SMB)  to join our dynamic and rapidly growing Betterment for Business (B4B) Team. Reporting to our Head of Sales, you will oversee our current team of SMB Account Executives and SDRs, focused on employers with 51-500 employees converting their 401(k) plans to Betterment. Our SMB sales team has built tremendous momentum over the last year, and is focused on selling the innovation we are bringing to market. We are seeking someone goal-oriented, who understands how to set up and motivate the team for long term success, drawing on your passion for financial wellness. In this role, you will drive sales through excellent forecasting, collaborating across the business, and supporting, training, and mentoring our sales team. It will be critical that you are able to iterate quickly based on feedback and prioritize between multiple different stakeholders.  

The retirement space is far from stagnant and Betterment is a fast-paced environment. We’re looking for a candidate who is excited by the evolution of retirement benefits in the macro environment and can bring that excitement to our clients as we redefine employer benefits.

This role is remote eligible. Colorado has an annual starting salary of $72,000, variable compensation, a competitive equity package, health, dental and vision benefits, and a 401(k) offering. The actual pay may be higher depending on your skills, qualifications, and experience.

A Day in the Life:

  • Mentor and manage a team Account Executives and SDRs that care deeply about redefining Employer Benefits

  • Assist with ongoing growth and development; recruiting, hiring, training, and mentoring of team members

  • Help the team strategize with cross-functional teams to drive success and maximize resource allocation

  • Deeply understand B4B’s value proposition and solution offerings to effectively articulate benefits at all levels of prospective customer organizations

  • Provide detailed analysis and reporting on the team’s performance as well as accurate forecasts to sales leadership based on individual performance and historical trends

  • Achieve key performance metrics and goals

  • Evaluate and analyze team performance on metrics that matter and work closely with management to drive process improvements and enhance operational efficiencies

  • Consistently conduct pipeline and deal reviews to help the team with presentations, negotiations, and deal strategy

What We’re Looking For:

  • Relevant leadership experience managing Account Executive and/or Sales Development Reps, ideally with expertise in outbound sales and selling a product with heavy legal/internal review

  • Solid understanding of SaaS applications and collaboration technology, Salesforce, and outreach

  • Consistent track record of achieving personal and team goals and a passion for retirement and financial wellness

  • An effective verbal and written communicator who can be persuasive and determined

  • Innovator who is excited to learn and try new things

  • Excellent problem-solving, structuring, analyzing, and strategy skills with ability to translate analysis into actionable plans

What Being at Betterment Means for You:

Joining Betterment means belonging to a community of folks passionate about change, being on a team that cares for your well-being, and continuing on a journey of non-stop growth and evolution. 

You’ll join a Community that Cares: 

  • Betterment is a place to bring your best self. We welcome families (and pets) for all our activities such as lunches, company retreats, and celebrations. 

  • Make meaningful connections with your peers through interest groups, sports clubs, social events, meetups, and regular knowledge sharing, all occurring in a remote friendly way.

  • Join one or more of our 6 Employee Resource Strategy Groups as a member or an ally, and help us shape Betterment’s culture and product for years to come.

You’ll stay Happy and Healthy:

  • We will ensure you're set up and cared for with a customizable workstation, enrollment in our 401(k) service, benefit packages that fit your needs (infertility and World Professional Association for Transgender Health approved benefits available), flexible parental leave, annual gym reimbursements and a whole suite of thoughtful benefits. 

  • You’ll have unlimited paid personal and vacation days, and a team that cares about your whole life, not just what you’re working on.

You’ll Learn & Grow:

  • Enhance your skills and abilities through Betterment University courses and additional allowance for outside learning. 

  • As part of a team that values knowledge sharing and transparency you can opt into mentoring and career coaching programs, weekly company meetings, and show & tells.

Please note that Betterment is dedicated to providing accommodations to candidates with disabilities. If you need accommodations at any point throughout the interview process, please reach out to [email protected] 

What Happens Next?

We expect to take a few weeks to review all applications. If we would like to spend more time with you, you will hear from us to arrange next steps. You can expect 3-4 sets of conversations, all remote, with your future colleagues in the weeks following your application.

Throughout the interview process, we’ll look to learn more about your skills, experiences, capabilities, and motivators. Many of our interview questions will be behavioral, aimed at understanding how you might operate here at Betterment. We may ask you to complete a case study exercise or technical assessments, depending on the role, as we aim to collect a robust set of data points throughout the interview process.

On average, it takes us around 2-3 weeks to make a hiring decision, depending on your availability and sense of urgency. As a best practice, we aim to interview at least 3 final round candidates before making a hiring decision. 

Please note that we’re unable to offer individual feedback during the interview process. We usually see 1,000+ applications for open positions, and our hiring team simply doesn’t have the bandwidth to offer personalized feedback to each candidate. 

We recognize that interviewing for a new role is a big deal. We appreciate you giving us consideration as the next step in your career. Our Recruiting Team is here to support and advocate for you through the interview process, so please let us know how we can help. 

Come join us!

We’re an equal opportunity employer and comply with all applicable federal, state, and local fair employment practices laws. We strictly prohibit and do not tolerate discrimination against employees, applicants, or any other covered persons because of race, color, religion, creed, national origin or ancestry, ethnicity, sex, gender (including gender nonconformity and status as a transgender or transsexual individual), sexual orientation, marital status, age, physical or mental disability, citizenship, past, current or prospective service in the uniformed services, predisposing genetic characteristic, domestic violence victim status, arrest records, or any other characteristic protected under applicable federal, state or local law. 

About this role

February 16th, 2022

December 19th, 2021

Full Time

To apply, you must have a permit to work in this country.
Icons/design/feather/country/us United States
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About Betterment

Learn about Betterment and their company culture.

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Betterment is the largest independent online financial advisor with more than $20 billion in assets under management. The service is designed to help increase customers’ long-term returns and lower taxes for retirement planning, building wealth, and other financial goals. Betterment takes advanced investment strategies and uses technology to deliver them to more than 480,000 customers across its three business lines: direct-to-consumer, Betterment for Advisors, and Betterment for Business.

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