Account Executive II - Springfield, IL

Posted Yesterday
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Springfield, IL, USA
In-Office
134K-176K Annually
Senior level
Healthtech • Biotech
The Role
Field-based sales role responsible for driving volume of Foundation Medicine products by building relationships with oncologists and cancer care stakeholders. Develop account plans, analyze data (Salesforce, Power BI, Definitive Healthcare), negotiate contracts, pull through national initiatives, educate on reimbursement, and meet quarterly/annual sales quotas. Requires extensive territory travel and collaboration with cross-functional teams.
Summary Generated by Built In

About the Job:

The Account Executive II (AE II) is a field-based role with direct customer engagement on the Sales team within FMI’s Commercial operation. The position is responsible for driving sales volume for FMI’s suite of products and services, while cultivating relationships with oncologists and other members of the extended cancer care community in a designated geography. 

Key Responsibilities:

  • Meet and exceed quarterly and annual sales quotas/objectives for FMI’s product portfolio.
  • Create and execute business and account plans to meet and exceed volume objectives, focusing on sales growth, new accounts and customer acquisition and existing customer retainment.
  • Successfully navigate customers at the account level to understand processes and identify key stakeholders for effective selling engagement.
  • Effectively engage with key account stakeholders in current and new accounts (e.g., c-suite).
  • Pull through National Account initiatives and other customer segment strategies (e.g., Academic Medical Centers, pathology pathways/protocols, Federal Account initiatives).
  • Identify trends through analytics, regular data reviews and non-traditional, less obvious data sources; leverage to drive sales, enhance customer experience, and plan for long-term opportunities.
  • Assess information relevant to sales, identify key issues, and develop solutions through sales environment adjustments.
  • Continually leverage an up-to-date, expert level of product and market knowledge to inform all parts of responsibilities, territory strategy, and sales decisions.
  • Educate and pull through reimbursement and billing services at local level.
  • Interact with key stakeholders using skill and political savvy: including c- suite, oncologists, pathologists, urologists, admin etc., National Accounts.
  • Conduct thorough customer analysis by identifying key pieces of information and using available tools to identify potential new business opportunities (Salesforce.com, Power BI, Definitive Healthcare, Hospital Compare, etc.).
  • Recognize Foundation Medicine-wide opportunities with customers and identify the right products and services mix that will best meet customer needs and provide opportunities for long-term growth.
  • Build and maintain positive relationships with key day-to-day customer contacts.
  • Develop clear, concise, and compelling communication plans and customize messages to meet audience needs.
  • Develop effective sales presentations, respond to difficult questions and overcome customer objections utilizing contingency plans.
  • Create clear and concise presentations addressing complex issues; takes action to evaluate whether key messages were received and understood.
  • Negotiate with customers to achieve buy-in and alignment with account plans.
  • Negotiate alignment between Foundation Medicine and customers to meet account objectives.
  • Develop new or unique approaches to address and effectively prioritize new business opportunities and develop action plans to pursue accounts.
  • Develop effective sales strategy based on understanding of goals, objectives, and motivations of key customer decision makers.
  • Recommend products and services mix that reflects thorough understanding of customer priorities and objectives and grow Foundation Medicine’s business.
  • Monitor and adhere to timelines for plan, adjust based on changing customer or business needs.
  • Apply business knowledge to make sound decisions, including managing budgets, analyzing financial data, and developing sales plans.
  • Integrate strong knowledge of brand strategy, trends, and performance information into customer plans.
  • Integrate relevant competitor information into account plans and presentations.
  • Utilize the appropriate internal or external data source(s) to identify underlying trends in account data needed to address a specific opportunity or issue.
  • Conduct comprehensive analysis of Foundation Medicine’s, customer, and competition strengths, weaknesses, opportunities, and threats (SWOT).
  • Use data analysis results from multiple sources to develop and/or adjust account plans and fact-based sales presentations
  • Travel within assigned territory (per performance standard) and to company meetings (bi-annually). Commitment to travel up to 90% of the time.
  • Other duties as assigned.
  • Comply with FMI's attendance policies

Qualifications:

Basic Qualifications:

  • Bachelor’s Degree or equivalent experience
  • 6+ years of direct selling diagnostics or life science focusing on the hospital and physician office lab market or equivalent years working in a Complex clinical setting working with physicians and patients
  • History of proven results and successful performance, including achievement of sales plan
  • Lives within 50 miles of defined workload center of territory / accounts
  • Commitment to travel within defined territory

Preferred Qualifications:

  • 8+ years of direct selling experience in diagnostics or life sciences focusing on the hospital and physician lab market 
  • Oncology and/or molecular diagnostic experience
  • 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 selling oncology-based tests or products to medical oncology, urology, and/or pathology
  • Demonstrated track record of success with customers within the defined territory
  • Demonstrated attention to detail and strong organizational skills
  • Demonstrated experience handling multiple tasks at once
  • 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
  • Excellent listening, verbal and written communication skills
  • Strong negotiation skills
  • Understanding of HIPAA and importance of privacy of patient data
  • Commitment to FMI values: patients, innovation, collaboration, and passion

The expected compensation for this position based on the primary location of Remote is $133,920 - $175,700. The hourly rate is commensurate with Foundation Medicine’s compensation practice and considers factors including, but not limited to, education, training, experience, external market conditions, criticality of role, and internal equity. A discretionary annual bonus may be available based on individual and Company performance. 

#LI-Remote 

About Us
Foundation Medicine, Inc. (FMI) is a global, patient-focused precision medicine company delivering high-quality, transformative diagnostic solutions in cancer and other diseases.

Foundation Medicine is proud to be an Equal Opportunity and Affirmative Action employer and considers all qualified applicants for employment without regard to race, color, religion, sex, gender, sexual orientation, gender identity, ancestry, age, or national origin.  Further, qualified applicants will not be discriminated against on the basis of disability or protected veteran status.  We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.  See also FMI's EEO Statement and EEO is the Law and Supplement.  If you have a disability or special need that requires accommodation, please let us know by completing this form.  (EOE/AAP Employer)

Skills Required

  • Bachelor's degree or equivalent experience
  • 6+ years direct selling diagnostics or life science focused on hospital and physician office lab market or equivalent complex clinical experience
  • Proven track record of sales results and achievement of sales plans/quotas
  • Lives within 50 miles of defined workload center of territory/accounts
  • Commitment to travel within defined territory (up to 90%) and to company meetings
  • 8+ years direct selling experience in diagnostics or life sciences (preferred)
  • Oncology and/or molecular diagnostic experience
  • Accurate forecasting capabilities throughout the sales cycle
  • CRM proficiency (Salesforce.com beneficial)
  • Proficient with MS Office (Word, Excel, PowerPoint)
  • Familiarity with sales techniques and pipeline management
  • Demonstrated track record selling oncology-based tests/products to medical oncology, urology, and/or pathology
  • Demonstrated success with customers within the defined territory
  • Attention to detail and strong organizational skills
  • Experience handling multiple tasks and working in a fast-paced, cross-functional environment
  • Strong communication, consultative selling, listening, verbal and written skills
  • Strong negotiation skills
  • Understanding of HIPAA and importance of patient data privacy
  • Commitment to company values (patients, innovation, collaboration, passion)

Foundation Medicine Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Foundation Medicine and has not been reviewed or approved by Foundation Medicine.

  • Strong & Reliable Incentives Bonuses and long-term incentives are described as competitive and a meaningful component of total rewards. Annual bonuses tied to personal and company outcomes feature alongside base pay.
  • Healthcare Strength Comprehensive medical and dental coverage is a core element of the package. Health plans are positioned as robust and well-rounded rather than minimal.
  • Leave & Time Off Breadth Time-off offerings include flexible or unlimited PTO and paid parental leave, supporting work–life balance. Extra paid downtime has been referenced alongside standard PTO.

Foundation Medicine Insights

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The Company
HQ: Boston, MA
1,844 Employees
Year Founded: 2010

What We Do

Foundation Medicine is a molecular information company dedicated to a transformation in cancer care in which treatment is informed by a deep understanding of the genomic changes that contribute to each patient's unique cancer. The company offers a full suite of comprehensive genomic profiling assays to identify the molecular alterations in a patient’s cancer and match them with relevant targeted therapies, immunotherapies and clinical trials. Foundation Medicine’s molecular information platform aims to improve day-to-day care for patients by serving the needs of clinicians, academic researchers and drug developers to help advance the science of molecular medicine in cancer. For more information, please visit us at www.FoundationMedicine.com or follow @FoundationATCG on Twitter. Community Guidelines: bit.ly/FMICommunityGuidelines

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