Account Executive - Molecular Diagnostics – Pennsylvania/ Upstate NY at Abbott

Philadelphia, Pennsylvania, United States

Abbott Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, DiagnosticsIndustries

Requirements

  • Bachelor’s degree
  • 2+ years of experience in capital sales and/or multi-stakeholder environments, developing and selling customized solutions to senior-level laboratory leadership and C-suite executives
  • Valid Driver’s License and the ability to travel 50-75% in assigned territory and other locations in the US to support business needs
  • Proven success in strategic sales, including exceeding plans and turning around underperforming territories
  • Experience in capital sales and/or multi-stakeholder environments, developing and selling customized solutions to senior-level/C-suite executives
  • Innovation and change management skills, with the ability to bring new ideas forward and drive them through the organization
  • Strong business planning process and attention to detail
  • Proficiency in Microsoft Office suite of products
  • Proficiency in Salesforce (inferred from context)

Responsibilities

  • Work across multiple stakeholders, including C-suite, to expedite complex decisions and achieve quick wins
  • Drive market share growth by identifying and cultivating new business opportunities across the territory
  • Develop and deploy best practices, leveraging customer insights to exceed business expectations
  • Prioritize and plan effectively, cutting through complexity to streamline business operations
  • Leverage cross-functional teams and resources successfully in a collaborative environment
  • Build trust and long-term partnerships with customers by understanding their needs and delivering win-win solutions
  • Anticipate sales shortfalls and implement contingency plans through effective troubleshooting and problem-solving
  • Manage complex, long-term capital sales cycles with strategic foresight
  • Understand client goals through strong relationships across stakeholders (e.g., laboratory, procurement, medical directors, clinical engineering, C-suite) and quantify the impact of Abbott solutions
  • Collaborate with the Enterprise Account Manager (EAM) to secure business in large hospital systems
  • Manage and drive the renewal process to ensure customer retention and satisfaction for non-enterprise accounts

Skills

Key technologies and capabilities for this role

Field SalesStrategic SalesBusiness DevelopmentTerritory ManagementAccount ManagementC-Suite EngagementHealthcare SalesMolecular DiagnosticsIDN SalesReference Labs

Questions & Answers

Common questions about this position

What benefits does Abbott offer?

Abbott provides free medical coverage in the Health Investment Plan (HIP) PPO medical plan, an excellent retirement savings plan with high employer contribution, tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit for earning a bachelor’s degree.

Is this position remote or does it require travel?

This is a field sales role covering Pennsylvania and Upstate/Western New York, which involves working across the territory with customers rather than being remote or office-based.

What key skills are needed for the Molecular Account Executive role?

The role requires strategic sales skills for driving growth, building relationships with C-suite and stakeholders, managing complex capital sales cycles, effective planning and problem-solving, and collaboration with cross-functional teams.

What is the company culture like at Abbott?

Abbott fosters a culture where you can do meaningful work, grow your career, care for yourself and family, be authentic, and access global career development; it's recognized as a great place to work, one of the most admired companies, and top for diversity, working mothers, female executives, and scientists.

What makes a strong candidate for this Account Executive position?

A strong candidate is a strategic sales professional skilled at driving exponential growth, closing new business, expanding existing accounts, building C-suite relationships, managing complex sales cycles, and collaborating across teams in a molecular diagnostics territory.

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters
1888Year Founded
IPOCompany Stage
HealthcareIndustries
10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.
Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.
Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.
Abbott's microfluidic devices streamline diagnostic processes efficiently.
Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.
Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.
Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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