Strategic Account Manager – Boston, MA

Foundation Medicine; Boston (MA); Remote; USD 110,000 - 160,000; Full time

Job summary

Foundation Medicine is seeking a Strategic Account Manager to engage directly with regional health systems and manage key relationships in oncology. The role encompasses driving sales, developing account strategies, and ensuring successful collaboration with stakeholders in a complex healthcare environment. Candidates should have significant experience in life sciences sales and a commitment to fostering partnerships within the cancer care community.

Qualifications

• 6+ years of direct selling experience in diagnostics or life sciences.
• Demonstrated success managing complex accounts and strategic planning.
• Strong organizational skills and attention to detail.

Responsibilities

• Manage and grow relationships with key decision makers in strategic accounts.
• Meet and exceed quarterly and annual sales quotas for FMI’s product portfolio.
• Create and execute business and account plans to drive engagement.

Skills

Sales

Account Management

Negotiation

Communication

Strategic Planning

Education

Bachelor’s Degree

Tools

Salesforce.com

MS Office

Job description

About the Job

The Strategic Account Manageris a field-based role with direct customer engagement delivering Foundation Medicine’s products and services to regionalized health systems, academic medical systems, integrated delivery networks and complex physician networks, while maintaining and driving new relationships. The position is responsible for driving sales volume for FMI’s products while cultivating relationships with oncologists and other members of the extended cancer care community in targeted Strategic accounts.

Key Responsibilities

• Meet and exceed quarterly and annual sales quotas/objectives for FMI’s product portfolio.
• Manage and grow relationships with key decision makers within defined strategic accounts; maintain trust-based relationships that reinforce FMI as partner of choice.
• Identify and set account commercial strategies based on robust assessment of account, regional market, clinical, financial, and reimbursement considerations.
• Refine plan to meet ongoing changes in landscape.
• Create and execute business and account plans that deliver comprehensive solutions to customers that drive engagement and systemic adoption of FMI portfolio. Pull-through of national strategies as appropriate (e.g., AMC, pathology, community).
• Identify and execute contracting opportunities within defined accounts.
• Collaborate with Account Executives and Customer Experience Executive team members and ensure optimal coverage of satellite accounts and HCPs.
• Educate and pull-through reimbursement and billing services at local level.
• Partner with Sales, Operations, Payer Team, and the broader commercial teams, to broaden and deepen strategic relationships.
• Communicate strategies, milestones, accomplishments, and insights pertaining to accounts.
• Proactively identify and act upon industry trends, issues and challenges that impact long-term strategy and performance.
• Facilitate resolution of difficult issues with customer or senior management using skill and political savvy.
• Research potential customers’ business, including competitors, market share, long-term plans, financial performance, and industry trends to determine opportunity.
• Work with senior customer leaders to identify strategic business objectives and develop long-term account agreements.
• Collect relevant competitor information (brand strengths and weaknesses, share, go-to-market strategy, service options, pricing strategy, programs, points of differentiation, investment strategy) and integrate into business plans and presentations.
• Travel within assigned territory (daily) and to company meetings (bi-annually). Commitment to travel up to (90%) of time.
• Other duties as assigned.

Qualifications:

Basic Qualifications:

• Bachelor’s Degree or equivalent experience
• 6+ years of direct selling experience in the diagnostics or life sciences industry focusing on major accounts and IDNs or equivalent years working in a Complex clinical setting working with physicians and patients
• Demonstrated track record of success managing complex key accounts and IDNs including influencing key decision makers, C-Suite selling, and strategic planning
• History of proven results and successful performance, including achievement of sales plan
• Lives within or commitment to live within defined region and centrally located to defined accounts
• Commitment to travel within defined region

Preferred Qualifications

• Master’s degree in business or healthcare related field
• 10+ years of direct selling experience in diagnostics or life sciences
• 8+ years of demonstrated track record of success selling oncology-based tests or products to medical oncology, urology, and/or pathology in complex systems
• Accurate forecasting capabilities throughout the sales cycle
• CRM proficiency: Salesforce.com beneficial
• Proficient with MS Office (e.g., Word, Excel, and PowerPoint)
• Familiarity with different sales techniques and pipeline management
• Demonstrated track record of success with customers within the defined territory
• Demonstrated attention to detail and strong organizational skills
• 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
• Exceptional communication and consultative skills to employ solutions-based selling
• Proven negotiation skills working with contracts and key customer processes
• Excellent listening, verbal and written communication skills
• Demonstrated leadership, training, or coaching within the organization
• Understanding of HIPAA and importance of privacy of patient data
• Commitment to FMI values: patients, innovation, collaboration, and passion

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