Illinois Tool Works

Business Development Manager

Illinois Tool Works$100K — $130K *
US-Anywhere
+ 3 other locationsRemote
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, engineering, life sciences, or related field
  • 4+ years of experience in business development, sales, or account management (5+ years preferred)
  • Experience in medical device, healthcare OEM, or related technical industries
  • Strong lead generation, pipeline development, and conversion skills
  • Proven ability to build relationships and influence stakeholders at all levels
  • Experience with value-based selling and complex, long sales cycles
  • Strong analytical thinking, business acumen, and prioritization skills
  • Experience using sales enablement tools and CRM systems

Responsibilities

  • Lead new business development efforts within medical device OEM markets
  • Identify, prioritize, and convert opportunities
  • Develop and execute Key Account Plans (KAPs) for high-value target accounts
  • Build and manage strong relationships with engineering, sourcing, quality, operations, and executive stakeholders
  • Drive cross-functional collaboration across engineering, quality, operations, and sales to win new business
  • Translate voice-of-customer insights into actionable strategies and innovation inputs
  • Evaluate market trends, competitive activity, and customer strategies to identify growth opportunities
  • Support development of 'How to Win' strategies and quantified value propositions

Benefits

  • Vacation - up to 120 hours within first year
  • Sick - up to 40 hours of time within first year
  • Floating Holiday - up to 8 hours of time within first year
  • Holiday - 10 paid holidays per year, selected by the Division
Full Job Description

Job Description:

We are seeking a progressive Business Development Manager to drive organic growth, strengthen customer partnerships, and help expand our presence in key medical segments.

Why This Role Matters.

This role plays a critical part in driving new customer acquisition and revenue growth through strategic hunting, pipeline development, and account planning.

The Business Development Manager will:

  • Own the identification, prioritization, and conversion of high-value opportunities
  • Build a strong sales pipeline and contribute directly to revenue growth targets
  • Influence cross-functional teams and customer strategy
  • Strengthen ITW Medical’s competitive position in targeted segments

What You’ll Do.

  • Lead new business development efforts within medical device OEM markets.
  • Identify, prioritize, and convert opportunities.
  • Develop and execute Key Account Plans (KAPs) for high-value target accounts.
  • Build and manage strong relationships with engineering, sourcing, quality, operations, and executive stakeholders.
  • Drive cross-functional collaboration across engineering, quality, operations, and sales to win new business.
  • Translate voice-of-customer insights into actionable strategies and innovation inputs.
  • Evaluate market trends, competitive activity, and customer strategies to identify growth opportunities.
  • Support development of “How to Win” strategies and quantified value propositions.
  • Partner with leadership to build and refine sales playbooks and hunting processes.
  • Negotiate agreements, pricing, and long-term partnerships with customers.
  • Travel up to 30–40% for customer engagement and collaboration.

What You Bring.

  • Bachelor’s degree in business, engineering, life sciences, or related field.
  • 4+ years of experience in business development, sales, or account management (5+ years preferred).
  • Experience in medical device, healthcare OEM, or related technical industries.
  • Strong lead generation, pipeline development, and conversion skills.
  • Proven ability to build relationships and influence stakeholders at all levels.
  • Experience with value-based selling and complex, long sales cycles.
  • Strong analytical thinking, business acumen, and prioritization skills.
  • Experience using sales enablement tools and CRM systems.
  • High initiative, resilience, and ability to thrive in ambiguity.

Why You’ll Love Working Here.

At ITW Medical, you are not just driving business growth – you are helping bring innovative solutions to life that directly impact global health care outcomes.

You’ll thrive in an environment shaped by our decentralized, entrepreneurial culture that empowers you to think and act like an owner, giving you the autonomy to make meaningful decisions and drive real impact.

We are deeply committed to your growth and development, providing opportunities that maximize your unique potential and support your long-term career success.

Our values guide how we work: we focus on what matters most, grow & learn through shared risk, act with integrity, embrace diversity & innovation, and trust our people to lead and perform at their best. This is a place to own your impact and reach your full potential.

Compensation Information:

This compensation range is provided as a reasonable estimate of the current salary range for this role. Compensation depends on relevant experience and/or education, specific skills, market level, other job-related factors, geographic location, and other factors as applicable by law.

Pay Range: $100,000-130,000 annualized salary, this position can also qualify for a variable annual bonus.

Benefits

Benefits for this role can be seen by visiting www.itwemployee.com. In addition, employees can qualify for vacation, sick, and holiday compensation benefits.

Vacation - up to 120 hours within first year

Sick - up to 40 hours of time within first year

Floating Holiday - up to 8 hours of time within first year

Holiday - 10 paid holidays per year, these holidays are selected by the Division

About Illinois Tool Works

ITW is an industrial manufacturing company that specializes in the fields of industrial machinery, engineering, operations, sales, marketing, finance, and accounting. It's in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which they live and work, the cars they drive, and the mobile devices they rely on. It was founded in 1912 and headquartered in Glenview Nas, Illinois.

Illinois Tool Works Careers

Join the dynamic team at Illinois Tool Works (ITW), a global leader in diversified manufacturing, where innovation and excellence drive us forward. ITW offers unparalleled job opportunities, fostering a culture of growth and leadership in the industry.

Work You’ll Do

At Illinois Tool Works, you will be part of a professional community that thrives on creativity and innovation. Our employees are equipped with the skills needed to succeed and are provided with endless opportunities for professional growth. Engage in work that matters, with projects that transform industries and enhance futures.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a seasoned professional position, ITW offers a range of career paths across various departments. Our team benefits from a supportive and diverse working environment where every member’s contribution is valued.

Innovate and Lead

Join a team where innovation leads to revolutionary solutions in industries worldwide. At ITW, you will work alongside industry experts to develop new ideas and strategies that keep us at the forefront of technological advancements. Your career at ITW will be marked by a continuous journey of growth and leadership.

Develop Your Skills

With ITW’s commitment to professional development and diversity training, you will enhance your skills through targeted training programs and workshops. These opportunities not only boost your career but also ensure you stay competitive in the job market.

Be Part of Our Culture

ITW is dedicated to building a culture that respects and embraces diversity, encourages innovation, and fosters leadership. Our team is our greatest asset, and we believe in providing them with the benefits and resources they need to succeed both professionally and personally.

Networking and Professional Growth

Expand your professional network through ITW’s global presence and collaborative work environment. Engage with professionals across different sectors, gaining insights that can lead to significant career advancements. Our networking events and professional groups help you connect with key industry leaders and peers.

Join Our Team

Search for open positions that match your skills and interests on the ITW Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

Stay Connected

Keep up to date with the latest industry trends, company news, and career tips by following our careers blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences and career goals. Explore the opportunities at Illinois Tool Works today and discover how your expertise can help shape the future of our company and the industries we serve. Join us in our mission to achieve excellence through innovation and leadership.
Learn more about Illinois Tool Works
Size
45,000 employees
Market Cap
$68.1 billion
Industry
Net Income
$2.1 billion
Founded
1912
5 Year Trend
+1.2%
Revenue
$12.5 billion
NASDAQ

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