Business Development Executive – Life Sciences
About the role
PartsSource is seeking a Business Development Executive—a true hunter—to own new customer acquisition and revenue growth in the life sciences and laboratory services market. You will identify, prospect, and close high-value opportunities with hospitals, laboratory networks, research institutions, and healthcare systems. This is a quota-carrying role where you own the full sales cycle: prospecting, needs discovery, negotiation, and closing.
Responsibilities
- Prospecting & Pipeline Development
- Proactively identify and qualify prospective clients across life science, laboratory, and healthcare market segments—using research, cold outreach, industry events, and referrals to generate a steady flow of opportunities.
- Build and manage a robust sales pipeline; maintain accurate forecasts and opportunity tracking in CRM.
- Develop strategic territory and account plans that prioritize high-value targets and drive new business growth.
- Own the prospecting process end-to-end: research, outreach, qualification, and follow-up with relentless persistence.
- Consultative Selling & Needs Discovery
- Conduct discovery conversations with laboratory leadership, procurement teams, operations leaders, and clinical stakeholders to uncover operational, compliance, and service challenges.
- Position PartsSource solutions as strategic, value-driven offerings aligned to customer needs—not commodities.
- Understand the healthcare procurement landscape, regulatory environment, and buyer motivations in laboratory services.
- Ask questions, listen, and translate customer problems into PartsSource solutions.
- Deal Management & Closing
- Lead pricing discussions, proposals, and contract negotiations—with confidence and commercial acumen.
- Identify and overcome objections; address customer concerns directly and move deals forward.
- Close opportunities and get signed agreements across the finish line; don't let deals stall.
- Manage multiple opportunities in parallel; balance pipeline velocity with deal quality.
- Cross-Functional Collaboration
- Partner with service operations, account management, and internal teams to ensure seamless customer onboarding and success.
- Communicate pipeline status, forecasts, and market intelligence regularly to leadership.
- Support customer success handoffs; ensure continuity from close to implementation.
Requirements
- 5-7+ years of quota-carrying sales experience in business development, enterprise account management, or technical sales.
- Proven track record of closing new business opportunities in the $250K–$5M+ range.
- Demonstrated success prospecting new business, developing accounts from zero, and driving consistent quota attainment.
- Comfort with rejection; persistent, competitive drive to hunt and close deals.
- Experience selling into healthcare, laboratory, life sciences, or regulated environments.
- Understanding of laboratory operations, procurement workflows, compliance requirements, and buyer psychology in healthcare.
- Knowledge of medical equipment, supplies, maintenance programs, or laboratory services (nice-to-have but valuable).
Qualifications
- Sales Credibility & Track Record
- Consultative selling ability; you can discover customer needs and position solutions with credibility.
- Strong negotiation and closing skills; you know when to push and when to listen.
- Excellent communication and presentation skills—verbal, written, and one-on-one.
- Organizational discipline with CRM; you maintain accurate forecasts and activity tracking.
- Self-starter mentality; you thrive in autonomous roles and don't require hand-holding.
Skills
- Proven track record of closing new business opportunities in the $250K–$5M+ range.
- Ability to conduct discovery conversations with laboratory leadership, procurement teams, operations leaders, and clinical stakeholders to uncover operational, compliance, and service challenges.
- Strong negotiation and closing skills; you know when to push and when to listen.
- Excellent communication and presentation skills—verbal, written, and one-on-one.
- Organizational discipline with CRM; you maintain accurate forecasts and activity tracking.
- Self-starter mentality; you thrive in autonomous roles and don't require hand-holding.
Benefits
Competitive Compensation & Earning Potential
On-Target Earnings (OTE): $140K – $175K+ (Base + Commission)
Uncapped Commission Structure with no ceiling on earnings; accelerators available for premium pricing and multi-year agreements
Performance-based bonuses and quarterly incentive programs
Equity participation as a private equity-backed organization with clear upside potential
Benefits & Perks
Comprehensive benefits package including 401k match, health, college debt reduction, and more!
Hybrid culture with new & beautiful workspaces that balance flexibility, collaboration, and productivity.
Inclusive and diverse community of passionate professionals learning and growing together.