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Manager- Business Development, Reproductive Medicine

Cryoport Systems is the life science industry’s most trusted provider of supply chain solutions for temperature-sensitive materials, serving biopharmaceutical, IVF and surrogacy and animal health organizations around the world. Cryoport Systems' proprietary Cryoport Express® shippers, Cryoportal® Logistics Management Platform, leading-edge Smartpak Condition Monitoring System and geo-sensing technology paired with unparalleled logistics expertise and 24/7/365 customer support, make Cryoport Systems the end-to-end temperature controlled supply chain partner that you can trust.

Position Summary

The Manager-Business Development, Reproductive Medicine is responsible for increasing market awareness, sales, and profitability by expansion of the number of solicited inquiries, increasing the conversion rate of opportunities with prospective and/or existing accounts, proactively identifying Request for Proposals (RFPs) and ultimately securing and expanding volume of New Business revenue of the company's products and/or services.

Responsibilities include but are not limited to:

  • Develops sales opportunities by researching and identifying potential accounts and individual targets; soliciting new accounts; building rapport; providing company information and explanations; preparing client hand-offs to the sales team
  • Participate with the Global V.P. - Reproductive Medicine to establish strategic plans and objectives
  • Cold-call prospective accounts & individuals, provide technical product information, prepare client-specific call scripts and other data to respond to client needs
  • Support management in determining service viability to include work with internal teams to translate client needs and expectations into reality; develop industry knowledge and maintain awareness of industry trends; perform other duties as assigned by management to meet business changes
  • Function independently to influence the decision-making process of potential clients and develop strategies which anticipate client objections or ambivalence
  • Ensure that sales targets are achieved by establishing client outreach marketing strategies, maintaining prospecting outreach and client follow-up
  • Monitor competition by gathering current marketplace information on pricing, products, new products, delivery schedules, merchandising techniques, etc.
  • Attend internal business development calls/meetings to discuss new opportunities and sales pipeline
  • Set-up/attend client calls (as needed)
  • Works closely with Global V.P.-Reproductive Medicine, and Business Development team to further account penetration of existing key accounts, face-to-face meetings and RFPs
  • Maintain and manage data collection and sales team compliance with Salesforce for all sales activity
  • Generate/maintain KPIs out of Salesforce to highlight increases in face-to-face meetings and new account penetration
  • Provide frequent updates to the Global V.P. - Reproductive Medicine on activity and conversations with prospective clients
  • Generate client interest for potential webinars, industry meetings, audio conferences or other Cryoport sponsored client events
  • Participate in the ongoing review of Cryoport business development procedures to ensure consistency
  • Review of metrics on a weekly or monthly basis to assess productivity
  • Learn messaging around Cryoport differentiators and be able to communicate them to clients
  • Maintain professional and technical knowledge; establish personal networks and participate in relative business professional societies.
  • Ability to effectively present information to senior management.

Competencies:

  • Strong communicator, both written and verbal
  • Positive, proactive attitude
  • Attention to detail, accuracy, and the ability to prioritize
  • Strong organizational skills
  • Strong interpersonal and influencing skills
  • Proven problem solver and independent thinker
  • Strong knowledge of CRM platforms (Salesforce a plus)
  • Strong knowledge, understanding and experience of social business networks (i.e. LinkedIn)

Qualifications and Education Requirements

  • Bachelor's degree in a business or scientific discipline
  • Understanding of the requirements and specifications in the logistics and/or pharmaceutical field
  • A minimum of five years' sales experience in logistics/healthcare field

Compensation: up to $90K (commensurate with experience), bonus, benefits, 401K with match and company equity.

Cryoport, Inc. is a publicly traded company on the Nasdaq:CYRX. For further information, please visit www.cryoport.com.

Average salary estimate

$75000 / YEARLY (est.)
min
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$60000K
$90000K

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What You Should Know About Manager- Business Development, Reproductive Medicine, Cryoport, Inc.

Cryoport Systems is searching for a driven and innovative Manager of Business Development in Reproductive Medicine to join our vibrant team in Texas. In this role, you’ll play a crucial part in expanding our market presence and boosting sales for our industry-leading supply chain solutions focused on temperature-sensitive materials in the biopharmaceutical and reproductive health sectors. Your knack for developing new opportunities will be key, as you research and identify potential clients, establish rapport, and prepare hand-offs to our sales team. You'll work closely with our Global V.P. of Reproductive Medicine to chart out strategic plans, participate in client calls, and gather competitive insights to enhance our offerings. Your efforts in maintaining our customer relations through effective communication and service viability assessments will help ensure sales targets are met. If you're ready to make an impact by influencing decision-making and transforming client needs into reality, we want to hear from you! Join us in our mission to make a difference in the lives of many through innovative healthcare solutions.

Frequently Asked Questions (FAQs) for Manager- Business Development, Reproductive Medicine Role at Cryoport, Inc.
What are the key responsibilities of a Manager of Business Development at Cryoport Systems?

As the Manager of Business Development in Reproductive Medicine at Cryoport Systems, key responsibilities include managing sales opportunities, establishing strategic plans in collaboration with higher management, performing competitive market research, and supporting the sales team by ensuring consistent client outreach and follow-up. You'll also be asked to generate new business revenue while maintaining existing client relationships.

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What qualifications do I need to be a Manager of Business Development at Cryoport Systems?

To become a Manager of Business Development in Reproductive Medicine at Cryoport Systems, you will need a bachelor's degree in business or a scientific field, alongside a minimum of five years of sales experience within the logistics or healthcare sectors. Familiarity with CRM platforms like Salesforce is advantageous, as is a strong understanding of industry trends and client needs.

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How does Cryoport Systems support the Manager of Business Development role?

Cryoport Systems provides ample support for the Manager of Business Development, including comprehensive training on our products, access to cutting-edge logistics management tools, and collaboration with the Business Development team and Global V.P. of Reproductive Medicine to strategize effectively and tackle challenges in client acquisition.

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What type of work culture does Cryoport Systems promote for Business Development Managers?

At Cryoport Systems, we promote a culture of collaboration, innovation, and professionalism. As a Manager of Business Development in Reproductive Medicine, you will enjoy a supportive environment that encourages open communication, proactive problem-solving, and continuous learning while working towards common goals of excellence and client satisfaction.

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What is the compensation structure for the Manager of Business Development position at Cryoport Systems?

The compensation for the Manager of Business Development role at Cryoport Systems can be up to $90K, depending on your experience. Additionally, the role offers bonus opportunities, a comprehensive benefits package, a 401K matching plan, and the chance to earn equity within the company, allowing for a rewarding career path.

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Common Interview Questions for Manager- Business Development, Reproductive Medicine
What experience do you have in business development in the healthcare field?

Highlight any specific healthcare sales roles you've had, detailing how you prospect for and secure new business. Discuss any particular successes that can illustrate your effectiveness in similar roles, such as increasing sales or expanding a client base.

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How do you approach building relationships with prospective clients?

Discuss your methods for establishing rapport, whether it's through networking, attending industry events, or leveraging social media platforms like LinkedIn. Emphasize your strategies for maintaining relationships even after initial outreach.

Join Rise to see the full answer
Can you give an example of how you handled a challenging client situation?

Share a specific example that illustrates your problem-solving abilities. Discuss the situation, your approach to resolving the issue, and the outcome to highlight your capacity to handle conflict and maintain client satisfaction.

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What strategies do you use to identify new business opportunities?

Detail your research methods, whether it's through market analysis, networking, or leveraging existing customer data. Demonstrating a systematic approach can set you apart from other candidates.

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How do you stay updated on industry trends in reproductive medicine?

Explain your commitment to continuous learning through professional development opportunities such as webinars, industry publications, and participation in relevant societies. This shows your dedication to staying informed and competitive.

Join Rise to see the full answer
Describe your experience with CRM systems, specifically Salesforce.

Discuss your familiarity and hands-on experience with Salesforce, including how you've utilized it to track sales activity, manage client relationships, and achieve business objectives. Demonstrating proficiency in CRM tools is crucial for this role.

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Why do you want to work at Cryoport Systems?

Share your admiration for Cryoport Systems’ commitment to innovative supply chain solutions in the life sciences field, emphasizing how your values align with the company’s mission to improve healthcare outcomes.

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How would you handle objections from potential clients?

Highlight your negotiation skills by discussing your approach to understanding client concerns, addressing them constructively, and turning objections into opportunities for further discussion about your offerings.

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How do you measure success in a business development role?

Describe the key performance indicators (KPIs) you track, like sales targets, client conversion rates, and overall revenue growth. This demonstrates a results-oriented mindset that aligns with the responsibilities of the role.

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What are the most critical skills for a Business Development Manager in Reproductive Medicine?

Discuss skills such as strong communication, strategic thinking, relationship management, and market analysis. Emphasizing these skills reflects your understanding of the importance of these qualities in driving successful business growth.

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Full-time, on-site
DATE POSTED
April 2, 2025

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