Ferring Pharmaceuticals, Inc.

Key Account Manager, Uro-Oncology - Mid-West

Ferring Pharmaceuticals, Inc.$119K — $221K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; MBA or advanced degree preferred
  • 7+ years medical industry sales experience
  • 5+ years experience in pharmaceutical, biotech, device, or diagnostics
  • Oncology experience preferred; Urology experience required
  • Product launch and buy-and-bill experience strongly preferred
  • Proven high sales performance record
  • Strong account management and customer service skills

Responsibilities

  • Achieve account goals per uro-oncology requirements
  • Educate healthcare providers and influencers for product adoption
  • Develop business relationships with key decision-makers
  • Collaborate cross-functionally to enhance account management
  • Utilize budget effectively to drive sales impact
  • Conduct in-services and participate in meetings and events
  • Analyze market dynamics to inform sales strategies

Benefits

  • Comprehensive healthcare benefits including medical, dental, and vision
  • 401k plan with company match
  • Short and long-term disability coverage
  • Paid parental leave up to 20 weeks
  • Ample paid time off including sick and vacation time
  • Wellness benefits and tuition reimbursement
  • Flexible work arrangements for a healthy work-life balance
Full Job Description
Job Description:

As the Key Account Manager you will be a part of the customer-facing team responsible for Adstiladrin. This position will be required to navigate the intricacy of urologic & uro-oncologic settings of care. The role will be responsible for all sales activities in an assigned geographical area, achieving or exceeding business objectives through education of Ferring's first-in-class uro-oncology product to approved/targeted customers and distribution channels, including urologists, oncologists, nurses, pharmacists, administrators, teaching institutions, and formulary committees. This role will cover xxxxxx

Responsibilities:

Account Management
  • Achieves predetermined account goals according to company and uro-oncology requirements.
  • Engages in educational activity with health care providers, clinic leaders, and solution-based system influencers for adoption.
  • Identifies which individuals within the geography that have the greatest impact on decision-making and sales adoption and develops long lasting business relationships accordingly.
  • Maintains strong cross-functional focus related to account management, support and growth. Works with Sales Specialists in aligning territories to pull through patient identification and pull through.
  • Utilizes discretionary budget for maximum impact on sales.
  • Conducts complaint in-services, approved dinner programs, one-on-one off site meetings and meals and attends national/regional meetings as needed.


Selling Skills
  • Anticipates and responds to customers' objections, problems, and concerns.
  • Evaluates the needs of customers and increases sales by tailoring the approach for each call or presentation based on a specific customer mindset.
  • Leverages available sales and marketing resources to sell and effectively identifies the best resources to use on each presentation.
  • Participates in company-sponsored and/or company-approved training programs to constantly improve knowledge and selling skills.
  • Recognizes and effectively counters resistance to prescribing identified Ferring Uro-Oncology product.


Clinical Acumen
  • Maintains knowledge of product clinical studies and market related clinical landscape to inform customers and address questions, concerns, and objections to the use of Ferring's products.
  • Understand and communicate value proposition of brand for adoption.
  • Identify and appropriately leverage the adoption cascade and influencer networks.
  • Flawlessly execute in-services and ensure stakeholders are knowledgeable of appropriate candidates for treatment


Business Acumen
  • Works with the Sales/Marketing/Market access departments to most effectively take advantage of marketing materials and product information.
  • Analyzes and establishes order of calls and routes that maximize opportunities to increase sales.
  • Analyzes impact of insurance mandates and coverage in the territory and its effect on prescribing decisions, and accordingly modifies sales and promotion strategies.
  • Communicates activity in the territory by completing daily call inputing, monthly reports and other reports as appropriate.
  • Contributes to and attends meetings, conventions, conferences and training programs.
  • Coordinates and implements special marketing programs and other projects.
  • Manages time and tasks to achieve maximum customer impact, support and sales volume.
  • Recommends sales and marketing strategies based on evaluation of customer needs, dynamics, trends, and competitors' products or services.
  • Understands market dynamics and healthcare economics (e.g., impact of health reform, trends and evolving insurance coverage).


Requirements:
  • Bachelor's degree required; MBA or other advanced degree preferred
  • 7+ years medical industry sales experience
  • 5+ years pharmaceutical, biotech, device, and/or diagnostic experience required
  • Oncology experience preferred
  • Urology experience required
  • Cell & Gene therapy experience a plus
  • Experience in major national/regional clinic systems is strongly preferred
  • Product launch experience is strongly preferred
  • Buy and bill experience required
  • Business to business experience preferred
  • A proven track record of high sales performance
  • Experience with account planning including tools, resources, and reporting preferred
  • Demonstrated success in account management and exceptional customer service skills
  • Demonstrated independent decision making, effective problem-solving, and strategic thinking skills
  • Advanced presentation skills and business acumen a necessity
  • Broad understanding of market access and evolving trends in patient care


Physical Requirements:
  • Sitting approximately 3 - 4 hours at a time while driving or as a passenger and operating an automobile up to 60% of the time depending upon the geography of the territory.
  • Walking up to 15% of the time depending upon the geography of the territory.
  • Climbing stairs and/or ramps may be required in certain urban territories where the use of public transportation may be necessary during the course of the work day.
  • Standing, more than 1 -2 hours at a time.
  • Lifting, carrying, pushing and/or pulling items such as laptop, iPad, printed material and product samples weighing up to 20 pounds, into and out of a car, train or airplane and into physician offices and/or medical facilities.
  • Long distance travel via airplane or other commercial conveyance approximately 2-3 times per year. Additional overnight and/or longer distance travel may be required more frequently, depending upon the territory.


Location: Central Region - within 100 miles of National Airport - Chicago, IL ideal

Ferring + you

At Ferring, we offer competitive total compensation along with an exceptional range of flexible benefits, personal support and tailored learning and development opportunities all designed to help you realize your full potential both in life and at work. From working hours that respect your lifestyle, a culture that is welcoming and equitable, and the chance to work with the industry's most impressive people, these are just some of the ways we live our "People First" philosophy.

Our Compensation and Benefits

At Ferring, base salary is one part of our competitive total compensation and benefits package and is determined using a salary range. The base salary range for this role is $119,000 to $221,000, which is the reasonable estimate of the base compensation for this role. The actual amount paid may differ based on non-discriminatory factors such as experience, knowledge, skills, abilities, education and primary work location. Additional compensation for this role will be provided based on competitive annual incentive compensation targets in the form of sales commissions - payouts are based on individual and geography/company performance.

Benefits for this role include: comprehensive healthcare (medical, dental, and vision) with a premium differential, inverse to base salary, to be paid by employees; a 401k plan and company match; short and long-term disability coverage; basic life insurance; wellness benefits; reimbursement for certain tuition expenses; sick time frontloaded yearly of 40 hours, or higher if state or local law requires; vacation time for full time employees to accrue between 112.5 and 150 hours yearly in the first four (4) years of employment, and additional accruals starting in the fifth (5th) year of employment; and 12 to 13 paid holidays per year. We are proud to offer 20 weeks of paid parental leave, learn more about the parental leave offering in our benefits package here. For roles that are not field-based, Ferring has a hybrid work policy that is four days in the office, with the option to work one day remotely.

Location:
Parsippany, New Jersey

About Ferring Pharmaceuticals, Inc.

Ferring Pharmaceuticals is a research-driven, specialty biopharmaceutical group committed to helping people around the world build families and live better lives. Headquartered in Saint-Prex, Switzerland, Ferring is a leader in reproductive medicine and maternal health, and in specialty areas within gastroenterology and urology. Ferring has been developing treatments for mothers and babies for over 50 years and has a portfolio covering treatments from conception to birth. Ferring is committed to developing innovative therapies that help people live better lives. The company has a presence in over 60 countries and employs over 6,000 people worldwide.
Learn more about Ferring Pharmaceuticals, Inc.
Size
6,000 employees
Industry

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