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Account Executive

BillionToOne is a next-generation molecular diagnostics company dedicated to developing powerful and accurate diagnostic tests that are accessible to all. Our innovative QCT molecular counting technology significantly enhances the resolution of disease detection using cell-free DNA by over a thousandfold. This groundbreaking technology is integral to our product offerings, including one of our flagship products, Unity Complete™, the only non-invasive prenatal screen capable of assessing fetal risk for both common recessive conditions and aneuploidies from a single maternal blood sample. Leveraging the same molecular counting technology, we've expanded our impact into oncology in 2023 with a pioneering liquid biopsy test, Northstar, that combines treatment selection with monitoring. To date, over 500,000 patients have benefited from our innovative and precise diagnostic tests, and our Annual Recurring Revenue (ARR) has grown from $0 to $125 million in the last ~4 years.BillionToOne has successfully raised close to $400 million in funding, with a notable $130 million Series D round completed in June 2024, resulting in a company valuation of over $1 billion. This funding has come from prestigious global institutional investors, including Hummingbird, Adams Street Partners, Neuberger Berman, Baillie Gifford, and Premji Invest. BillionToOne has recently been recognized by Forbes as one of America's Best Startup Employers for 2024, highlighting the company's exceptional work environment and commitment to innovation.Our team has grown significantly and we now proudly employ over 400 highly skilled individuals. Despite substantial growth, we have successfully maintained the unique culture that has defined BillionToOne from inception, continuing to cultivate a team that is not only diverse and passionate but also innovative. Headquartered in Menlo Park, California, with an additional facility in Union City, California, BillionToOne remains at the forefront of significant advances in molecular diagnostics, evidenced by the recent announcement of clinical outcomes data for its Unity Fetal Risk Screen and new advancements in cancer diagnostics. For more detailed information about BillionToOne and its groundbreaking work, please visit our website at www.billiontoone.com.The Prenatal Account Executive, South NJ is an outstanding prenatal sales executive with experience in diagnostic/genetic testing product sales, who will bring the first and only single-gene NIPT supported carrier and aneuploidy screen to OBGYN clinics & MFMs practices. You will deliver clinical information to both external clients throughout your territory and internal teams. You will have significant influence over how the test is communicated to physicians and patients, and how it should evolve to better serve market needs. This is a field sales position and reports to a Regional Manager - Prenatal.Relationships with Axia Women’s Health Care and Lifeline preferred.Responsibilities• Increasing utilization of UNITY Fetal Risk Screen and driving market development through direct sales to individual OBGYNs, MFMs, and Genetic Counselors• Identifying, developing, and managing commercial relationships with key opinion leaders in medicine and other key healthcare professionals• Effectively prospecting and cultivating new business and maintaining key relationships• Identifying and capitalizing on commercial opportunities for growth within a specific region or geography – predominately in OBGYN, MFM, and GC clinics, as well as hospital systems and Federally Qualified Health Centers• Creating and implementing a strategic business plan to grow utilization quickly in your geography• Managing the full lifecycle of the product sales process, including new business development and lead generation• Attending local tradeshows, industry conferences and networking eventsRequirements• Minimum three (3) years of outside field sales experience within the healthcare sector, directly calling upon providers in specified geographic territory• Demonstrated successful sales track record, understanding of buyer/decision maker types, exhibit effective selling, listening, presentation skills, and ability to assess and respond to customer needs (National awards a plus)• Excellent organizational and communication skills (written and verbal) with demonstrated ability to effectively present to both internal and external customers• Effective time management skills required with a demonstrated ability to assess and prioritize opportunity required• Exceptionally bright, flexible, self-motivated and results oriented with strong interpersonal and analytical skills and the ability to think strategically as well as execute tactically• Must act with a sense of urgency, with a focus on closing business• Ability to assess the needs of medical professionals and staff members with a focus on consultative sales, coordination of logistics, and problem solving• Strong desire to work in a startup environment and must work independently with an internal drive to be successful• Working knowledge and application of HIPAA laws, privacy, and ethics surrounding patient privacy and information• Demonstrated values and ethics that support BillionToOne's mission, goals, and professional code of conduct• Ability to use discretion and professionalism as it relates to handling patient and physician information and documentationNice-to-Haves• Experience in a start-up environment• Women's Health Background• Clinical laboratory experience• Convertible book of businessBenefits And Perks• Working with a team of ‘rockstars’ who bring out the best in everyone• Open, transparent culture that includes weekly Town Hall meetings• The ability to indirectly or directly change the lives of hundreds of thousand patients• Multiple medical benefit options; employee premiums paid 100% of select plans, dependents covered at 80%• Extremely generous Family Bonding Leave for new parents (16 weeks, paid at 100%)• Retirement savings program including a 4% Company match• Latest and greatest hardware (laptop, lab equipment, facilities)At BillionToOne, we are proud to offer a combination of a (1) base pay + uncapped commissions (2) generous equity options offering, on top of (3) industry leading company benefits (free healthcare options, 401k match, very generous fully paid parental leave, etc.).Positions: Prenatal Account Manager, Prenatal Specialist, Senior Prenatal SpecialistFor these positions, the base salary ranges from $117,000 - $142,000 per year, with opportunities for promotion (based on job title and experience level). Commissions potential is uncapped and can be significant.BillionToOne is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
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What You Should Know About Account Executive, BillionToOne

Are you a passionate sales professional ready to make an impact in the prenatal diagnostic space? BillionToOne is looking for an enthusiastic Prenatal Account Executive to join our fast-growing team in South Brunswick Township, NJ. As part of a dynamic and innovative molecular diagnostics company, you will bring our groundbreaking UNITY Fetal Risk Screen to OBGYN clinics and Maternal-Fetal Medicine (MFM) practices. This role is not just about sales; it's about increasing the utilization of our state-of-the-art NIPT technology while building strong, meaningful relationships with healthcare providers. You'll have the autonomy to drive market development, cultivate new business opportunities, and manage key relationships across your territory. With a commitment to delivering high-quality diagnostic solutions, you'll meet with physicians, genetic counselors, and other healthcare professionals, acting as a crucial link between our innovative products and the medical community. Your insights will shape how we communicate our offerings, ensuring they evolve to better meet the needs of patients and physicians alike. Join a company that values creativity, teamwork, and an entrepreneurial spirit as we redefine the standards of prenatal testing. If you have a track record in healthcare sales and a genuine desire to improve patient outcomes, then BillionToOne may be the perfect place for you to thrive. Let’s change lives together!

Frequently Asked Questions (FAQs) for Account Executive Role at BillionToOne
What responsibilities does the Prenatal Account Executive at BillionToOne have?

The Prenatal Account Executive at BillionToOne is responsible for promoting and increasing the usage of the UNITY Fetal Risk Screen through direct sales efforts targeted at OBGYNs, MFMs, and Genetic Counselors. They will manage significant relationships within the healthcare sector, prospect for new business, and implement strategic business plans to enhance market penetration in their designated territories.

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What qualifications are needed for the Prenatal Account Executive role at BillionToOne?

To qualify for the Prenatal Account Executive position at BillionToOne, candidates should possess a minimum of three years of outside field sales experience in the healthcare sector, preferably in diagnostic or genetic testing. A proven sales track record, strong organizational and communication skills, and the ability to manage relationships with healthcare professionals are essential.

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What is the working environment like at BillionToOne for a Prenatal Account Executive?

BillionToOne fosters an open and transparent company culture, encouraging collaboration and innovation. The Prenatal Account Executive will work alongside a team of dedicated professionals in a startup environment, allowing for creativity and rapid growth while having an authentic impact on patients’ lives.

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What benefits does BillionToOne offer to its Prenatal Account Executives?

BillionToOne provides a competitive benefits package for its Prenatal Account Executives, including multiple health insurance options, a generous parental leave policy, a retirement savings program with company matching, and an uncapped commission structure to reward successful sales performances. Additionally, the company provides cutting-edge tools and resources to support their team.

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What are the career growth opportunities for a Prenatal Account Executive at BillionToOne?

BillionToOne supports the professional development of its employees, offering opportunities for advancement based on performance. The Prenatal Account Executive position can lead to more senior roles in sales management or specialized positions within the company, especially as BillionToOne continues to grow and expand its product offerings in the market.

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Common Interview Questions for Account Executive
What experience do you have in diagnostic or genetic testing sales?

In answering this question, be sure to highlight your relevant experience within the healthcare sales field, including specific products you've sold, your sales methodologies, and any quantifiable success you've achieved, such as short or long-term contracts, awards, or recognition.

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How do you approach building relationships with healthcare providers?

Discuss your strategy for relationship-building, emphasizing the importance of trust, consistent communication, and understanding the specific needs of each provider or practice. Providing examples of how you've previously established strong rapport with clients will strengthen your answer.

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Can you describe a time when you successfully overcame a sales objection?

To effectively respond to this question, narrate a specific scenario where you faced a challenge during the sales process. Focus on your approach, negotiation tactics, and the outcome to demonstrate your problem-solving and customer-oriented skills.

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What is your understanding of the UNITY Fetal Risk Screen?

In answering, demonstrate your knowledge of the product by discussing its significance in prenatal diagnostics, how it works, and its advantages compared to competitors. You want to show the interviewer that you have done your homework and understand what you will be selling.

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How would you prioritize your sales activities in a large territory?

Communicate your methods for organizing and prioritizing tasks efficiently, such as sorting prospects by potential value, focusing on key opinion leaders first, and utilizing CRM tools to track progress. Show that you have a strategic mindset and are results-oriented.

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What do you know about BillionToOne’s corporate culture?

Conducting research on BillionToOne's culture ahead of time is crucial. Discuss elements you find appealing, such as innovation, teamwork, and their commitment to improving patient outcomes. Make sure to link these aspects back to your personal values and why you would thrive in such an environment.

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Explain how you handle tight deadlines in a sales environment.

Showcase your time management skills by providing specific strategies you employ to meet deadlines under pressure. Highlight an instance where your approach turned a challenge into a success to illustrate your adaptability and focus.

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How do you stay up-to-date with trends in the prenatal diagnostics field?

Share your methods for gaining insights into the industry, whether through attending conferences, participating in professional organizations, subscribing to relevant journals, or following influential experts in the field.

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What motivates you as a salesperson?

Personal motivations can vary; be honest about what drives you. It might be achieving personal sales goals, making a positive impact in the healthcare industry, or working with clients to address their needs. Relate this back to how your motivations align with BillionToOne’s mission.

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Why do you want to work for BillionToOne?

This is your opportunity to express your enthusiasm for the company and role. Emphasize your admiration for their innovative approach to diagnostics and your desire to contribute to a mission that directly improves patient care, highlighting what specifically drew you to the organization.

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BillionToOne’s mission is to revolutionize genetic testing through the development of innovative quantitative diagnostics. BillionToOne's DNA Molecular Counting platform integrates next-generation sequencing technologies with machine learning, w...

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DATE POSTED
December 10, 2024

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