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Key Account Manager, Uro-Oncology - Binghamton, NY image - Rise Careers
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Key Account Manager, Uro-Oncology - Binghamton, NY

Job Description:

As a privately-owned, specialty healthcare company, Ferring focuses on developing life-changing innovations that help people live better lives. Our independence helps us cultivate an entrepreneurial spirit and long-term perspective that enables us to achieve growth and scale, while remaining agile and true to our ‘people first’ philosophy. Built on a 70-year plus commitment to science and research, Ferring is relentless in its pursuit of science that drives powerful discoveries and therapies to help people build families, stay healthy, and stand up to the world’s oldest enemy: disease.

Ferring is on a mission to transform the treatment of bladder cancer with a novel, first-in-class intravesical gene therapy for Non-Muscle Invasive Bladder Cancer that provides patients with an alternative to bladder removal surgery. Our Uro-Oncology team is expanding with a variety of rewarding opportunities in commercial, medical affairs and technical operations. If you are energized by the prospect of bringing the benefits of cutting-edge science to meet the needs of patients, we may have the perfect role for you.

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 the Binghamton territory.

This is your opportunity to play an important role in making available to patients a novel product that has the potential to revolutionize the treatment of bladder cancer.

Ferring US is Great Places to Work® Certified. 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.

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

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 $220,000, 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 paid parental leave subject to a minimum period of employment at Ferring. For roles that are not field-based, Ferring has a policy that allows employees to work up to two days from home and three at a Ferring site, weekly.

Ferring is an equal opportunity employer. All aspects of employment will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of gender, race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local laws.

Join our team and your voice will be heard, and your contributions will be valued. If you love to come up with new ways to make a positive difference and see them through, you will fit right in.

We are proud to be an Affirmative Action/Equal Opportunity Employer (including Disability/Protected Veterans). We maintain a drug-free workplace.

Location:

Parsippany, New Jersey

Average salary estimate

$169500 / YEARLY (est.)
min
max
$119000K
$220000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Key Account Manager, Uro-Oncology - Binghamton, NY, Ferring

Join Ferring as a Key Account Manager specializing in Uro-Oncology and make a difference in the fight against bladder cancer! Located in Binghamton, NY, you will play a crucial role in introducing our innovative gene therapy, Adstiladrin, to healthcare professionals who can change the lives of patients. At Ferring, we are dedicated to pushing the boundaries of science, and your expertise will be key in educating oncologists, nurses, and clinic leaders on the benefits of our first-in-class solutions. Your responsibilities will range from building solid relationships within a complex urologic environment to achieving business objectives through strategic account management. You will engage with influential stakeholders, utilize resources effectively, and tailor your sales presentations to address the unique needs of each provider. With over 7 years of medical industry experience, especially in oncology or urology, you will bring insight and persuasion to your role, helping to navigate the insurance landscape and advocating for our groundbreaking therapies. Ferring is a people-first organization, so not only do we prioritize patient care, but we also vow to support our employees with competitive compensation packages, flexible working environments, and ample professional development opportunities. If you're driven by innovation and passionate about making a positive impact in healthcare, Ferring is where you can thrive and help us transform the treatment landscape for bladder cancer!

Frequently Asked Questions (FAQs) for Key Account Manager, Uro-Oncology - Binghamton, NY Role at Ferring
What are the responsibilities of a Key Account Manager at Ferring in Uro-Oncology?

As a Key Account Manager at Ferring in Uro-Oncology, you will ensure the successful promotion and sales of Adstiladrin by engaging various healthcare providers, including urologists and oncologists, in the Binghamton area. Your role will involve understanding client needs, maintaining strong client relationships, coordinating educational activities, managing account goals, and utilizing marketing resources effectively to support sales efforts.

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What qualifications do I need to apply for the Key Account Manager position with Ferring?

To qualify for the Key Account Manager position at Ferring, candidates should possess a Bachelor's degree, with an MBA or advanced degree preferred. Applicants need at least 7 years of medical industry sales experience with 5 years specifically in pharmaceuticals or biotech, and a strong background in urology is essential. Familiarity with oncology, cell and gene therapy, and account management practices will enhance your application.

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What is the expected salary range for the Key Account Manager role at Ferring?

The salary for the Key Account Manager position at Ferring varies based on experience and qualifications, with a base salary range from $119,000 to $220,000. Additional compensation can result from performance-based sales commissions, providing further opportunity for financial growth in your career with us.

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How does Ferring support work-life balance for Key Account Managers?

Ferring places great emphasis on work-life balance. For the Key Account Manager position, you're likely to enjoy flexible working conditions, such as the ability to work from home a couple of days a week, along with vacation benefits and personal support that promote both your professional and personal growth.

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What kind of training and development opportunities are available for Key Account Managers at Ferring?

Ferring is committed to the continuous growth of its employees. As a Key Account Manager, you will have access to tailored learning and development programs. This includes participating in company-sponsored training sessions aimed at enhancing your sales techniques, product knowledge, and industry insights to keep you at the forefront of the medical field.

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Common Interview Questions for Key Account Manager, Uro-Oncology - Binghamton, NY
Can you explain your experience with urology and oncology sales?

You should highlight specific experiences where you have engaged healthcare practitioners in the urology or oncology fields, detailing your strategies for understanding their needs and successfully promoting relevant products.

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What techniques do you use to build relationships with healthcare professionals?

Discuss your approach to developing trust and credibility with clients by tailoring your interactions based on their preferences, maintaining regular communication, and providing valuable insights into products and market trends.

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How do you handle objections from healthcare providers?

Speak about your strategies for listening actively to concerns, validating their feelings, and providing data-backed answers that align your response with their specific needs for adopting new therapies.

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Can you give an example of a successful product launch you were involved in?

Provide a detailed account of a product launch in your career, focusing on your involvement in planning, execution, and the impact it had on sales and customer engagement.

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How do you approach account planning and management in your territory?

Elaborate on how you assess the unique dynamics of your assigned territory, how you prioritize accounts based on potential for growth, and the strategies you use to meet your sales objectives.

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What tools do you use for tracking sales performance?

Mention specific CRM or sales tracking software you’ve used, detailing how it helps you manage your sales activities, monitor performance metrics, and adjust strategies accordingly.

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How do you stay informed about developments in urology and oncology?

Talk about resources you engage with, such as medical journals, industry conferences, and networking with colleagues, to ensure you’re always knowledgeable about the latest research and evolving trends.

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What is your approach to collaborating with cross-functional teams?

Illustrate how collaboration enhances your effectiveness. Describe instances where you've worked with marketing, clinical, or access teams to execute strategies successfully.

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What are the biggest challenges you anticipate in the Uro-Oncology market?

Provide insights into potential obstacles such as regulatory changes, competition, and evolving treatment paradigms, and discuss how you intend to navigate these challenges.

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Why do you want to work for Ferring as a Key Account Manager?

Express your alignments with Ferring’s mission and values, highlighting your passion for innovative healthcare solutions and your enthusiasm for helping patients through the products you will be promoting.

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DATE POSTED
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