What are the responsibilities and job description for the Partner Development Director position at Femasys, Inc.?
About Femasys Inc.
Femasys Inc. is a leading biomedical company dedicated to advancing women’s healthcare through innovative medical solutions. Our mission is to provide safe, effective, and accessible products that improve women's lives worldwide.
Femasys Inc. is a leading biomedical company dedicated to advancing women’s healthcare through innovative medical solutions. Our mission is to provide safe, effective, and accessible products that improve women's lives worldwide.
Position Summary
The Partner Development Director (PDD) has a critical leadership role and is responsible for building and fostering strategic partnerships with IVF doctors, OBGYNs, and large IVF groups. This position promotes the adoption of innovative women’s health products, including alternatives to standard IVF, diagnostic tools for assessing fallopian tube patency, and devices for cervical tissue sampling to detect cancer cells. The PDD will collaborate with stakeholders across the women’s health industry to advance the utilization of Femasys' product portfolio and contribute to sustained revenue growth.
Specific Job Functions
- Develop and execute a comprehensive partner development strategy to identify and target IVF doctors, OBGYNs, and large IVF groups as potential partners for our products.
- Build and maintain strong relationships with key decision-makers within target partner organizations to understand their needs and promote the value of our products.
- Collaborate with internal stakeholders, including sales, marketing, and product development teams, to develop customized sales strategies and solutions tailored to partner needs.
- Conduct product presentations, demonstrations, and training sessions for partners to educate them on our products' features, benefits, and applications.
- Negotiate contracts and agreements with partners to establish mutually beneficial partnerships and drive sales growth.
- Monitor market trends, competitor activities, and regulatory developments to identify new opportunities and challenges in the women's health industry.
- Track and analyze key performance metrics, including sales pipeline, revenue growth, and partner satisfaction, to evaluate the effectiveness of partner development efforts and drive continuous improvement.
- Represent the company at industry conferences, trade shows, and networking events to promote brand awareness and expand our network of strategic partners.
- Hire, train, and manage a team of strategic account managers to help drive the utilization of Femasys’s portfolio of products.
Physical Requirements
- General office environment
- Ability to travel up to 75%.
Minimum Qualifications, Education & Work Experience
- Bachelor's degree in business, life sciences, or related field.
- Minimum of 5 years of experience in sales or business development within the medical device or pharmaceutical industry, focusing on women's health or related space.
- Minimum 5 years of management experience.
- Proven track record of successfully building and maintaining strategic partnerships with healthcare professionals and organizations, preferably in the IVF or OBGYN space.
- Strong understanding of the IVF process, reproductive health, and cervical cancer screening protocols.
- Excellent communication, negotiation, and interpersonal skills, with the ability to build rapport and credibility with diverse stakeholders.
- Results-oriented and demonstrated ability to meet or exceed sales targets and drive revenue growth.
- Strategic thinker who can identify market opportunities, develop actionable plans, and execute excellently.
- Ability to work independently and collaboratively in a fast-paced, dynamic environment.
Preferred Qualifications, Education & Work Experience
- Advanced degree preferred
Competitive Salary plus commission
- $165,000.00 Base Salary
- $30,000.00 Quarterly Variable Comp (no cap)
- $285,000.00 at plan
- Salary guarantee for the first 90 days of employment
We offer:
- Comprehensive benefits package to include Medical, Dental, and Vision
- HSA Savings Account with qualified HDHP Medical Plan
- Traditional Medical plan with co-pays
- Flexible Savings Account
- Dependent Care Savings Account
- 9 Paid Holidays, Vacation, and Sick time
- 401(k) plus 2 % company match
- Employee Stock Purchase Plan
- Voluntary Life and ADD Insurance
- Voluntary Accident Insurance
- Company-paid Group Life Insurance
- Company-paid Employee Assistance Program
- Company paid STD and LTD
- Car Allowance of $600.00 monthly and Wex Fuel Card
- Cell Phone Stipend of $75.00
Equal Employment Opportunity Policy
Femasys, Inc. provides equal employment opportunities to all employees and applicants and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This policy applies to all employment terms and conditions, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Salary : $165,000