Account Executive I - Evanston, Illinois

About the Job

The Account Executive I (AEI) is a field-based role with direct customer engagement in the Sales team within the Commercial department. The position is responsible for driving sales volume for FMI's suite of specialty products and services, while cultivating relationships with oncologists and other members of the extended cancer care community in a designated geography.


Key Responsibilities

• Meet and exceed quarterly and annual sales quotas/objectives for FMI's product portfolio.
• Create and execute business and account plans to meet and exceed volume objectives, focusing on sales growth, new account and customer acquisition and existing customer retainment.
• Successfully navigate customers at the account level to understand processes and identify key stakeholders for effective selling engagement.
• Effectively engage with key account stakeholders in current and new accounts (e.g., c-suite).
• Pull through National Account initiatives and other customer segment strategies (e.g., Academic Medical Centers, pathology pathways/protocols, Federal Account initiatives).
• Identify trends through analytics and regular data reviews; leverage to drive sales and enhance customer experience.
• Assess information relevant to sales, identify key issues, and develop solutions through sales environment adjustments.
• Continually leverage an up-to-date, expert level of product and market knowledge to inform all parts of responsibilities, territory strategy, and sales decisions.
• Educate and pull through reimbursement and billing services at local level.
• Interact with key stakeholders: decentralized accounts (c- suite, oncologists, pathologists, urologists, admin etc.), National Accounts.
• Conduct thorough customer analysis by identifying key pieces of information and using available tools to identify potential new business opportunities (Salesforce.com, Power BI, Definitive Healthcare, Hospital Compare, etc.).
• Recognize Foundation Medicine-wide opportunities with customers and identify the right products and services mix that will best meet customer needs and provide opportunities for long-term growth.
• Build and maintain positive relationships with key day-to-day customer contacts.
• Develop communication plans and customize messages to meet audience needs.
• Develop effective sales presentations, respond to difficult questions and overcome customer objections.
• Create clear and concise presentations addressing complex issues.
• Negotiate with customers to achieve buy-in and alignment with account plans.
• Negotiate alignment between Foundation Medicine and customers to meet account objectives.
• Effectively prioritize new business opportunities and develop action plans to pursue accounts.
• Develop effective sales strategy based on understanding of goals, objectives, and motivations of key customer decision makers.
• Recommend products and services mix that reflects thorough understanding of customer priorities and objectives and grow Foundation Medicine's business.
• Monitor and adhere to timelines for plan, adjust based on changing customer or business needs.
• Apply business knowledge to make sound decisions, including managing budgets, analyzing financial data, and developing sales plans.
• Integrate brand strategy, trends, and performance information into customer plans.
• Integrate relevant competitor information into account plans and presentations.
• Utilize the appropriate internal or external data source(s) to identify underlying trends in account data needed to address a specific opportunity or issue.
• Conduct comprehensive analysis of Foundation Medicine, customer, and competition strengths, weaknesses, opportunities, and threats (SWOT).
• Use data analysis results to develop and/or adjust account plans and fact-based sales presentations.
• Travel within assigned territory (per performance standard) and to company meetings (bi-annually). Commitment to travel up to 90% of the time.
• Other duties as assigned.

Qualifications:

Basic Qualifications:

• Bachelor's Degree or equivalent experience
• 3+ years of direct selling experience in diagnostics or life science focused on the hospital and physician office lab market or equivalent years working in a Complex clinical setting working with physicians and patients
• History of proven results and successful sales performance, including achievement of sales plan
• Lives within or commitment to live within defined territory and centrally located to defined accounts
• Commitment to travel within defined territory

Preferred Qualifications:

• Oncology and/or molecular diagnostic experience
• Accurate forecasting capabilities throughout the sales cycle
• CRM proficiency: Salesforce.com preferred
• Proficient with MS Office (e.g., Word, Excel, and PowerPoint)
• Familiarity with different sales techniques and pipeline management
• Exceptional communication and consultative skills to employ solutions-based selling
• Demonstrated track record of success selling oncology-based tests or products to medical oncology, urology, and/or pathology
• Demonstrated attention to detail and strong organizational skills
• Demonstrated experience handling multiple tasks at once
• Ability to:
  • access priorities and mobilize a strategic plan
  • work independently as well as collaborate with peers in a fast-paced and cross-functional team environment
  • work well under pressure while maintaining a professional demeanor
  • adapt to changing procedures, policies, and work environment
• Excellent listening, verbal and written communication skills
• Strong negotiation skills
• Understanding of HIPAA and the importance of privacy of patient data
• Commitment to FMI values: Integrity, Passion, and Courage

The expected compensation for this position based on the primary location of Remote is $102,880 - $135,030. The hourly rate is commensurate with Foundation Medicine's compensation practice and considers factors including, but not limited to, education, training, experience, external market conditions, criticality of role, and internal equity. A discretionary annual bonus may be available based on individual and Company performance.


#LI-Remote


About Foundation Medicine

We are a global, patient-focused precision medicine company delivering high-quality, transformative diagnostic solutions in cancer and other diseases.

Confidence, or the belief that we need to check every box before applying for a job, can sometimes hold us back from going after a role that inspires us. At Foundation Medicine there's no such thing as the 'perfect' applicant, and our company is a place where every employee can make an impact and continue to grow whatever background they may have or path they may have taken. So, as long as you meet the basic qualifications for a role, please apply if you see a position that would make you excited to work with us to transform precision medicine in cancer and beyond.

We are aware of fraudulent activities where individuals pose as Foundation Medicine representatives. Learn more here.