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Executive Account Director, Business Development

Thermo Fisher Scientific

Maryland

Remote

USD 137,000 - 230,000

Full time

Yesterday
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Job summary

Thermo Fisher Scientific is seeking an Executive Account Director for Business Development in the Biotech sector. This role involves developing strategic sales plans, cultivating client relationships, and driving revenue growth across key accounts. The ideal candidate will have significant experience in clinical business development and a proven track record in enhancing client satisfaction and market penetration.

Benefits

National medical and dental plans
Paid time off (PTO)
401(k) retirement savings plan
Employee Stock Purchase Plan (ESPP)

Qualifications

  • 10+ years of experience in clinical business development.
  • Experience in Pharmaceutical, Biotech or Medical Device industry.
  • Familiarity with drug development environment.

Responsibilities

  • Develop strategic sales plans for key accounts.
  • Build and maintain relationships with senior client's leaders.
  • Monitor and report sales performance.

Skills

Relationship-building
Strategic Thinking
Sales Management
Analytical Skills

Education

Bachelor’s degree in business administration or related field
MBA or advanced degree

Tools

CRM systems
Microsoft Office Suite

Job description

Executive Account Director, Business Development (Biotech) -US, East Coast, Central Region, West Coast

Join to apply for the Executive Account Director, Business Development (Biotech) -US, East Coast, Central Region, West Coast role at Thermo Fisher Scientific

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Executive Account Director, Business Development (Biotech) -US, East Coast, Central Region, West Coast

1 day ago Be among the first 25 applicants

Join to apply for the Executive Account Director, Business Development (Biotech) -US, East Coast, Central Region, West Coast role at Thermo Fisher Scientific

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Join PPD, a part of Thermo Fisher Scientific, as an Executive Account Director, Business Development and take on the exciting challenge of developing and executing a strategic sales plan to maximize business from your assigned global key accounts. In this pivotal role, you will drive revenue growth by aligning with business strategies, anticipating client needs, and identifying market opportunities to achieve annual sales targets.

We are seeking a strategic thinker with exceptional relationship-building skills to cultivate and maintain partnerships that support Business Development objectives. The ideal candidate will bring strong leadership, organizational expertise, and deep industry knowledge across the pharmaceutical, biotech, or medical device sectors, along with a proven track record of success in previous roles.

This position can be based remotely within the United States.

How will you make an impact:

You will enable our customers to make the world healthier, cleaner and safer by helping our clients and sponsors to understand how our services enable them to deliver life-changing therapies to their patients more quickly.

What will you do:

  • Drive Strategy to Action: Develop and execute a strategic sales plan for owned assigned accounts and drive performance through well-thought account plans.
  • Establish Strong Client Rapport: build and maintain strong, long-lasting relationships with key clients, including developing relationships with key leaders at senior levels across various disciplines including Procurement, R&D, vendor management and strategic outsourcing.
  • Deliver Sales Results for accounts for Biotech: define and drive revenue generation opportunities to increase market penetration within assigned Key Accounts. Develop specific strategies for success with target global accounts. Assess client satisfaction and recommend opportunities to improve. Ensure achievement of sales execution by driving delivery of share of wallet expansion, new business opportunities and portfolio development across global Key Accounts.
  • Develop Proposals & RFIs to Win Preferred Provider Opportunities: Drive successful RFP/Proposals process to meet and exceed key account expectations; actively deliver RFP responses and contract negotiations while providing recommendation on improving profitable solutions that meet customer needs. Lead and drive RFI strategy process, from receipt of RFI through completion including client meetings, internal stakeholder alignment, development of presentation materials, and quality of responses. Translate RFI strategy into effective RFP responses to win Preferred Provider client negotiations.
  • Partner for Success: Work with internal Business and Project Management Teams to ensure a unified approach in championing business direction and implementing necessary changes to win and retain key accounts. Partner closely with internal business partners assigned to accounts to ensure client satisfaction, provide insights into relationship management and operations, identify areas of opportunity, and implement recommendations to enhance client experience. Additionally, collaborate with and leverage subject matter experts to expand into new market niches and develop new services and line extensions based on client feedback and unmet needs.
  • Monitor and Report Sales Performance: prepare and present regular reports on business development activities and results to VP GMP, Business Development.

How will you get here:

  • A bachelor’s degree in business administration, sales, or a related field is the required minimum education; MBA or advanced degree is desired.

Experience:

  • Previous experience that provides the knowledge, skills, and abilities to perform the job comparable to 10+ years; strong preference for experience in clinical business development and key account management in a related Pharmaceutical, Biotech or Medical Device sales industry
  • Experience in global sales with diverse account base. In some cases, an equivalency, consisting of a combination of appropriate education, training and/or directly related experience, will be considered sufficient for an individual to meet the requirements of the role.

Knowledge, Skills and Abilities:

  • Familiarity with the environment supporting drug development through commercialization, including a strong understanding of common customer needs in this field.
  • Awareness of regulatory landscape, including understanding regulatory bodies, compliance requirements, and any changes or updates in regulations to adequately address compliance concerns of potential clients.
  • Success in a similar role that has consistently achieved measurable results.
  • Strong customer relationship management skills to reach mutually acceptable resolutions.
  • Strong commercial savvy with skills to identify and develop sales leads, present capabilities, navigate the sales process and close deals.
  • Strong intuition for business and critical thinking abilities to convert strategies into profitability & business growth.
  • Exceptional organizational and project management skills, handling multiple tasks simultaneously to meet outcomes.
  • Strong analytical and problem-solving abilities to interpret sophisticated data and provide actionable insights (including strong presentation skills at an executive-level).
  • Demonstrated global and cultural awareness.
  • Proficiency in using relevant software applications, including CRM systems and Microsoft Office Suite.
  • Ability to adapt to a fast-paced and multi-faceted work environment.
  • Flexibility and willingness to travel to accomplish assigned goals.
  • Must show the ability to demonstrate the Thermo Fisher values (The Four I’s) – Integrity, Intensity, Innovation, and Involvement

Working Conditions and Environment:

  • Work is performed in an office environment with exposure to electrical office equipment.
  • Occasional travel, both domestic and international.
  • Interaction with clients/associates required.
  • Long varied hours required occasionally.

Physical Requirements:

  • Frequently stationary for 6-8 hours per day
  • Repetitive hand movement of both hands with the ability to make fast, simple, repeated movements of the fingers, hands, and wrists.
  • Moderate mobility required.
  • Light to moderate lifting and carrying (or otherwise moves) objects including luggage and laptop computer with a maximum lift of 15-20 lbs.
  • Ability to access and use a variety of computer software developed both in-house and off-the-shelf.
  • Ability to apply abstract principles to solve complex conceptual issues. Requires multiple periods of intense concentration.
  • Performs a wide range of complex tasks as dictated by variable demands and changing conditions with little predictability as to the occurrence.
  • Regular and consistent attendance.

Compensation And Benefits

The salary pay range estimated for this position Director, Account Manager based inNorth Carolina is $137,900.00–$229,800.00.

This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

  • A choice of national medical and dental plans, and a national vision plan, including health incentive programs
  • Employee assistance and family support programs, including commuter benefits and tuition reimbursement
  • At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy
  • Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan
  • Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards

Seniority level
  • Seniority level
    Not Applicable
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Sales, Business Development, and Product Management
  • Industries
    Pharmaceutical Manufacturing and Biotechnology Research

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