Jobs · Business Development · New Jersey

Account Executive, New Jersey

Magnolia Medical Technologies · New Brunswick, NJ · 1 mo ago
Business DevelopmentFull-time
We need to produce HTML fragment with sections: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule as needed. Use

for section headings. Use
  • for any list of duties/requirements/benefits. Use

    for prose. Do not repeat job title as heading. Do not include Job ID etc. Remove boilerplate. Include only sections with real specific content. We need to parse the posting. Content: - Intro: "Account Executive Magnolia Medical Technologies is growing our Commercial Sales team and hiring an Account Executive for our New Jersey territory. The ideal candidate would to be located in the greater New Brunswick or surrounding area. The Account Executive’s (AE’s) are essential to the success of Magnolia Medical Technologies and by utilizing their expertise and experience, will ensure customer success, account retention as well as achieve new customer acquisition, account growth, and positively impact patient outcomes." - Overview: "The Account Executive (AE) is responsible for all aspects of their assigned territory and accounts. They bring proven expertise in medical device sales, encompassing both new account acquisition and the management and growth of existing accounts. The AE demonstrates strong technical, clinical, business, and economic acumen, leveraging these skills to protect and expand their existing business while driving new growth opportunities. This role covers the entire customer lifecycle—from prospecting and closing new accounts to implementing solutions, educating customers on product benefits to ensure adoption and compliance, and fostering long-term retention and value." - Key Responsibilities: bullet list under subheadings: Strategic Sales, Protect and Grow the Base Business, New Account Acquisition, Clinical, Technical, and Content Mastery, Operational Excellence and Stewardship. Each bullet has multiple sentences. - Then: "This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned to meet the ongoing needs of the organization." - Required Skills & Experience: list of bullet points. - About Magnolia Medical: description. - Also mention: "The company offers competitive compensation, benefits, and incentive opportunities in a fast-growing, mission-driven environment." Thus we have sections: About the role (maybe overview), Responsibilities (key responsibilities), Requirements (maybe required skills & experience), Qualifications (maybe education?), Skills (maybe required skills?), Benefits (maybe mention competitive compensation, benefits, incentive opportunities). Pay and Schedule not mentioned explicitly, so we should not create those sections. We need to decide which sections to include: About the role (overview), Responsibilities, Requirements, Qualifications, Skills, Benefits. But we must avoid duplication. The posting includes "Required Skills & Experience" which includes education, experience, etc. Could split into Requirements (education, experience) and Skills (specific abilities). However we can combine. We need to follow instruction: "Prefer a few substantive sections over many thin ones." So maybe we combine into: About the role, Responsibilities, Requirements (including skills & experience), Benefits. But we also have "About Magnolia Medical" which is company description; could be part of About the role or separate? Could be included in About the role? The instruction says use headings like About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. So we can include About the role (overview + company description). Responsibilities (key responsibilities). Requirements (education + experience). Skills (maybe specific skills). Benefits (compensation, benefits, incentive). We'll try to keep substantive. Let's extract content. About the role: combine overview paragraph and company description. Overview paragraph: "The Account Executive (AE) is responsible for all aspects of their assigned territory and accounts. They bring proven expertise in medical device sales, encompassing both new account acquisition and the management and growth of existing accounts. The AE demonstrates strong technical, clinical, business, and economic acumen, leveraging these skills to protect and expand their existing business while driving new growth opportunities. This role covers the entire customer lifecycle—from prospecting and closing new accounts to implementing solutions, educating customers on product benefits to ensure adoption and compliance, and fostering long-term retention and value." Company description: "Magnolia Medical Technologies, Inc. is redefining the accuracy of sepsis testing with Steripath®, the only device proven to reduce blood culture contamination significantly. With over 20 clinical studies, peer-reviewed publications, and an expanding IP portfolio, Magnolia Medical is establishing the new standard for blood culture integrity. The company offers competitive compensation, benefits, and incentive opportunities in a fast-growing, mission-driven environment." We could split company description into Benefits section (compensation, benefits, incentive). But the instruction says Benefits section only if posting actually states them. It does state competitive compensation, benefits, and incentive opportunities. So we can put that in Benefits. Thus About the role: just overview paragraph (maybe also mention location: New Jersey territory, greater New Brunswick area). The intro includes location. Could include that in About the role. Thus About the role paragraph: "Magnolia Medical Technologies is growing our Commercial Sales team and hiring an Account Executive for our New Jersey territory. The ideal candidate would be located in the greater New Brunswick or surrounding area. The Account Executive’s (AE’s) are essential to the success of Magnolia Medical Technologies and by utilizing their expertise and experience, will ensure customer success, account retention as well as achieve new customer acquisition, account growth, and positively impact patient outcomes. The Account Executive (AE) is responsible for all aspects of their assigned territory and accounts. They bring proven expertise in medical device sales, encompassing both new account acquisition and the management and growth of existing accounts. The AE demonstrates strong technical, clinical, business, and economic acumen, leveraging these skills to protect and expand their existing business while driving new growth opportunities. This role covers the entire customer lifecycle—from prospecting and closing new accounts to implementing solutions, educating customers on product benefits to ensure adoption and compliance, and fostering long-term retention and value." That's a bit long but okay as

    . Responsibilities: we need to list bullet points under subheadings? The instruction: Use

    • for any list of duties/requirements/benefits. So we can create a
        with each responsibility as
      • . Could also include subheadings inside
      • but not needed. We'll just list each bullet. We have categories: Strategic Sales, Protect and Grow the Base Business, New Account Acquisition, Clinical, Technical, and Content Mastery, Operational Excellence and Stewardship. Each category has multiple sentences. We could break each sentence into separate
      • but that may be too granular. Better to keep each category as a
      • containing the sentences (maybe separated by semicolons). That still is a list. Thus
        • Strategic Sales: Develop and execute a comprehensive territory business plan that includes account acquisition and retention, ensuring sustainable long-term growth. Meet or exceed monthly, quarterly, and annual quotas for revenue through pipeline growth, new account acquisition, retention, and account expansion.
        • etc. We'll produce each category as a
        • . Requirements: education and experience. Could be: Bachelor’s degree in Business, Marketing, or related field strongly preferred. Over 7 years of proven success in field sales and account management within the medical device industry, with experience in both new business acquisition and account retention. Consistently exceeded revenue goals, account growth objectives, and customer retention targets. Experience working with diverse hospital stakeholders: ED, Laboratory, Infection Prevention, Antimicrobial Stewardship, Clinical Value Analysis, Supply Chain, and C-Suite leadership. Ability to travel up to 75%. Ability to lift up to 30 pounds regularly, occasionally full mobility may be used for reaching, bending, kneeling, stretching or lifting in excess of regular amounts. We could also include alignment with mission and values? That's more of a skill. Skills: Strong negotiation skills for new and renewal contracts. Advanced presentation and communication skills with the ability to convey clinical and financial data persuasively. Proficient to expert use of systems such as SalesForce.com, Tableau, MSOffice Suite, ERP and other enterprise systems. Demonstrated ability to work with urgency, accountability, and results orientation. We could also include participation in training, mastery of content, representing at conferences, etc. Those are more responsibilities. Thus we separate Requirements (education, experience, travel, physical) and Skills (negotiation, presentation, systems proficiency, urgency/accountability). Benefits: competitive compensation, benefits, incentive opportunities. We should not include Pay or Schedule sections. Now produce HTML fragment:

          About the role

          ...

          Responsibilities

          • Strategic Sales: Develop and execute a comprehensive territory business plan that includes account acquisition and retention, ensuring sustainable long-term growth. Meet or exceed monthly, quarterly, and annual quotas for revenue through pipeline growth, new account acquisition, retention, and account expansion.
          • Protect and Grow the Base Business: Manage existing accounts to ensure consistent utilization, high compliance, and identify expansion opportunities within the hospital or across the system. Intervene promptly when metrics are not achieved by deploying resources to support account remediation plans to retain and protect revenue. Build and foster a strong network of business and clinical champions to support informed decision-making, effective adoption, and sustained retention. Conduct Quarterly Business Reviews (QBRs) and provide data analytics to demonstrate success, identify gaps, and drive continued account growth. Develop and execute expansion plans, including defined success criteria, onboarding and training plans, and business reviews to demonstrate attainment of customer goals. Partner with internal stakeholders and customer contracting teams to support renewals and contract extensions, if required, ensuring terms protect existing revenue and maintain strategic alignment.
          • New Account Acquisition: Execute a top-down and bottom-up sales strategy that aligns with Magnolia Medical’s commercial goals, engaging front-line managers and C-suite leadership at hospitals and healthcare systems to secure evaluations and expand the Magnolia Medical solution offering hospital- and system-wide. Create and qualify leads, manage pipeline progression from lead to close, and achieve revenue forecasts. Develop and execute tailored evaluation plans for new accounts, including defined success criteria, onboarding and training plans, and business reviews to measure progress. Negotiate pricing agreements with prospective customers, ensuring terms align with existing contracts, company goals, compliance standards, and margin expectations.
          • Clinical, Technical, and Content Mastery: Participate in extensive and on-going training to develop and maintain deep knowledge on the blood culture collection market, as well as the technical, clinical, and economic benefits of the Steripath® Initial Specimen Diversion Device® (ISDD®) platform and other Magnolia Medical product offerings and solutions. Lead and facilitate cross-departmental and multi-level stakeholder meetings throughout the sales cycle, ensuring clear, timely communication that highlights investment value and ROI. Consistently demonstrate retention and mastery of approved Magnolia Medical content in interactions with customers, partners, and other stakeholder meetings. Represent Magnolia Medical at conferences, networking events, and national meetings to strengthen brand presence and customer engagement.
          • Operational Excellence and Stewardship: Maintain strict adherence to sales operations processes, including CRM management (Salesforce), sales activity documentation, pipeline tracking, forecasting, expense management, reporting, and other administrative requirements. Collect and analyze account data to support strategic decisions and resource allocation. Collaborate with peers and the Leadership Team to identify and recommend business initiatives that support Magnolia Medical’s long-term growth and success.

          Requirements

          • Bachelor’s degree in Business, Marketing, or related field strongly preferred.
          • Over 7 years of proven success in field sales and account management within the medical device industry, with experience in both new business acquisition and account retention.
          • Consistently exceeded revenue goals, account growth objectives, and customer retention targets.
          • Experience working with diverse hospital stakeholders: ED, Laboratory, Infection Prevention, Antimicrobial Stewardship, Clinical Value Analysis, Supply Chain, and C-Suite leadership.
          • Ability to travel up to 75%.
          • Ability to lift up to 30 pounds regularly, occasionally full mobility may be used for reaching, bending, kneeling, stretching or lifting in excess of regular amounts.

          Skills

          • Strong negotiation

Similar jobs

Account Executive

StediUnited States· 1 mo ago
RemoteBusiness Development$142/hrapply on jobs.ashbyhq.com

Account Executive

Aegis AI SecurityUnited States· 2 mo ago
RemoteSales$5/hrapply on jobs.ashbyhq.com

Account Executive

Audacy, Inc.Dallas, TX· 2 mo ago
Business Developmentapply on careers-audacy.icims.com

Account Executive

Trilogy Equity PartnersPittsburgh, PA· 2 mo ago
Salesapply on rowzero.io

Account Executive

EBI ConsultingAtlanta, GA· 3 mo ago
RemoteBusiness Development$85k–$115k/yrapply on recruiting.ultipro.com