Key Account Manager (Hospital Pharma Accounts)

Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; advanced degree in Nursing, Dietetics, MBA or Pharm.D. preferred.
  • 6-7+ years of Pharma Sales experience with a focus on Specialty Medical products in hospital settings.
  • Strong communication and organizational skills with a focus on stakeholder management.
  • Demonstrated experience in strategic account planning and business acumen.
  • Proficiency in MS Office; experience with data systems like Power BI or Salesforce is preferred.
  • Ability to work under pressure and manage multiple priorities effectively.
  • Experience with value-based selling and negotiating in a competitive environment.

Responsibilities

  • Develop and implement account business plans targeting key decision makers and influencers.
  • Drive growth in hospital accounts by meeting or exceeding sales and profit objectives.
  • Educate healthcare providers on a novel GI therapy to enhance product adoption.
  • Create and assess hospital protocols related to GI and infectious disease environments.
  • Build and maintain relationships with key opinion leaders in the GI community.
  • Utilize sales reporting systems to track activity and gather market intelligence.
  • Organize educational content for healthcare professionals aligned with account objectives.

Benefits

  • Opportunities for professional development and training.
  • Collaborative work environment with cross-functional teams.
  • Access to advanced sales reporting and market intelligence tools.
  • Potential for travel within the designated territory to engage clients.
Full Job Description
Position Summary:

The Key Account Manager (Hospital/Pharma) will be responsible for the Sales performance, protocol development and contracting within Key Accounts of the assigned geographic territory through successful execution of Marketing strategies. The role is responsible for developing business plans to grow business through building relationships with key decision makers and influencers including big hospital systems, clinics and specialty pharmacies.

The Key Account Manager will also be responsible for focused customer engagement and sales presentations to specific targets to support to expand the GI Pharma platform. This will be executed through carefully defined messaging strategy, call sequence, leveraging business and value solutions based on evidence and outcome data. This role will also work with appropriate IDN Hospital personnel in regards to transition of care and discharge protocols.

*Territory Location: The Westchester territory includes all of Westchester County, NY, Hudson Valley, NY, Albany, NY Utica, NY, Syracuse, NY and the entire state of Connecticut (including both Hartford and New Haven, CT).

Responsibilities:
• Account development and planning through identification of individual account business model and process, including key decision makers, influencers, and protocol; with focus on patient discharge and transition of care process.
• Focus on driving growth among Hospital accounts, GI/Critical Care target and new accounts; Must meet/exceed sales and profit objectives in assigned accounts and territory.
• Educate targeted healthcare providers on the benefits of a novel GI therapy (Vowst) within assigned territory.• Develop/assess hospital account protocols, infectious disease and GI healthcare environment, and appropriately create and execute the account management and selling process in a manner that is concise, compliant, professional and persuasive; and which addresses a need and leads the customer to action.
• Develop and communicate deep scientific understanding of GI disorders, assigned, and competitive products within the GI marketplace.
• Cultivate and maintain long-term business relationships with key accounts and key opinion leaders within the GI community.
• Develop and implement a territory specific business plan and utilize all available resources to foster a successful sales environment.
• Effectively convey complex clinical and reimbursement product information to key stakeholders in a highly competitive marketplace.
• Execute a customer-centric needs-based selling approach with targeted Healthcare Providers and accounts.
• Utilize the sales reporting systems on a regular basis for call preparation, to record and track sales activity and to gather market intelligence data.
• Organize meetings and deliver content to health care professionals on the topic of GI and nutrition aligned with tangible account objects and metrics as defined by the customer.
• Conduct promotional programs for professional audiences and attend local, regional and national meetings as directed.
• Collaboratively working with internal and external partners in making introductions and connecting to hospital personnel.

Requirements:
• Bachelor's degree required; Advanced degree in Nursing, Dietetics, MBA or Pharm.D. is highly preferred.
• 6-7+ years of Pharma Sales experience with demonstrated success of selling Specialty Medical products into Hospitals (Medical Device, Infectious Disease, Rare Disease or GI) required.
• Demonstrated fluency in MS Office (Word/Excel/Outlook/PowerPoint) is required.
• Must have excellent communication (oral and written), presentation, organizational and stakeholder management skills (including the ability to develop and maintain strong, cross-functional stakeholder relationships).
• Willing and able to work under pressure to meet tight deadlines with minimal supervision.
• Must have current or prior strategic account planning, strong business acumen, as well as strong financial and analytical skills.
• Knowledge of value-based selling and experience with negotiating, clinical influence and account penetration/call planning is required.
• Must be able to work through change management and must be agile.
• Ability to meet or exceed Sales targets and to be data-driven is a must.
• Current or prior experience with data systems such as Power BI, Salesforce, Circana and/or other systems is preferred.
• Willing and able to travel between 50% to 70% based on the needs of the team, territory clients or the business required.

The approximate pay range for this position is $160,000 to $175,000. Please note that the pay range provided is a good faith estimate for the

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