Thermo Fisher Scientific

Executive Account Director, Business Development

North Carolina, United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Pharmaceuticals, Biotechnology, Medical DevicesIndustries

Executive Account Director, Business Development

Employment Type: Full-time Work Schedule: Standard (Mon-Fri) Environmental Conditions: Office Location Type: Remote (within the United States) Salary: Not specified

Position Overview

Join PPD, a part of Thermo Fisher Scientific, as an Executive Account Director, Business Development. This role is responsible for developing and executing a strategic sales plan to maximize business from assigned global key accounts. The primary objective is to drive revenue growth by aligning with business strategies, anticipating client needs, and identifying market opportunities to achieve annual sales targets.

PPD is seeking a strategic thinker with exceptional relationship-building skills to cultivate and maintain partnerships that support Business Development objectives. The ideal candidate will possess strong leadership, organizational expertise, and deep industry knowledge across the pharmaceutical, biotech, or medical device sectors, along with a proven track record of success.

How You Will Make an Impact

You will enable our customers to make the world healthier, cleaner, and safer by helping clients and sponsors understand how our services facilitate the quicker delivery of life-changing therapies to their patients.

Responsibilities

Drive Strategy to Action

  • Develop and execute a strategic sales plan for assigned accounts.
  • Drive performance through well-thought-out account plans.

Establish Strong Client Rapport

  • Build and maintain strong, long-lasting relationships with key clients.
  • Develop relationships with key leaders at senior levels across various disciplines, including Procurement, R&D, Vendor Management, and Strategic Outsourcing.

Deliver Sales Results for Key Accounts in Global Biopharma

  • Define and drive revenue generation opportunities to increase market penetration within assigned Key Accounts.
  • Develop specific strategies for success with target global accounts.
  • Assess client satisfaction and recommend opportunities for improvement.
  • Ensure achievement of sales execution by driving share of wallet expansion, new business opportunities, and portfolio development across global Key Accounts.

Develop Proposals & RFIs to Win Preferred Provider Opportunities

  • Drive successful RFP/Proposal processes to meet and exceed key account expectations.
  • Actively deliver RFP responses and contract negotiations, providing recommendations on improving profitable solutions that meet customer needs.
  • Lead and drive the RFI strategy process from receipt through completion, including client meetings, internal stakeholder alignment, development of presentation materials, and quality of responses.
  • Translate RFI strategy into effective RFP responses to win Preferred Provider client negotiations.

Partner for Success

  • Work with internal Business and Project Management Teams to ensure a unified approach in championing business direction and implementing necessary changes to win and retain key accounts.
  • Partner closely with internal business partners assigned to accounts to ensure client satisfaction, provide insights into relationship management and operations, identify areas of opportunity, and implement recommendations to enhance client experience.
  • Collaborate with and leverage subject matter experts to expand into new market niches and develop new services and line extensions based on client feedback and unmet needs.

Monitor and Report Sales Performance

  • Prepare and present regular reports on business development activities and results to the VP GMP, Business Development.

Qualifications

Education

  • A bachelor’s degree in business administration, sales, or a related field is the required minimum education.
  • MBA or advanced degree is desired.

Experience

  • Previous experience providing the knowledge, skills, and abilities to perform the job, comparable to 10+ years.
  • Strong preference for experience in clinical business development and key account management.

Skills

Strategic Sales Planning
Account Management
Relationship Building
Client Engagement
Market Analysis
Industry Knowledge (Pharmaceutical, Biotech, Medical Devices)
Leadership
Organizational Skills

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters
1956Year Founded
$17MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.
Sale of anatomical pathology business could create a temporary product gap.
Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.
Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.
They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.
Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.
Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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