Demo

Business Development Manager

Oticon, Inc
Somerset, NJ Full Time
POSTED ON 1/20/2025
AVAILABLE BEFORE 3/19/2025
Business Development Manager
Department Oticon Sales
Job Locations US
Job ID 2025-22711
Overview

Oticon's People First philosophy is more than a mission statement. It is a way of thinking and doing business that stems from the company's historical roots and has made Oticon a leader in the hearing industry.

We hire people who share our commitment to putting the needs of people with hearing loss first. The exceptional quality of our workforce has enabled Oticon to bring many technology and audiological "firsts" to market and to continue to meet the needs of hearing care professionals and the people with hearing loss that they serve.

We provide an environment that enables our multi-disciplinary teams to continue to learn, find new ways to do things better and bring new solutions, features and professional support to market. This position reports to the Director of Business Development.

Responsibilities

Recruiting of new contractual business

    Collaborate with regional and account managers to identify opportunities
  • Collect business financials and perform financial analysis of business
  • Creation of supply agreement Term Sheet
  • Negotiate supply agreement terms with business owners
  • Collaborate with Oticon's legal team to finalize contract terms
  • Conduct customer onboarding process after signing
  • Integrate customers into networking groups

Management of existing contractual business

  • Ensure customers contract compliance and review progress with customers periodically
  • Ensure customers participate with eligible business development services (webinars, sales trainings, and affinity meetings)
  • Collaborate with Oticon's finance team to develop strategy for non-compliant accounts.
  • Sustain and enhance share of wallet within assigned existing business channels
  • Execute agreed strategy to improve non-compliant account compliance.
  • Resign, Rewrite and Extend customer contracts when appropriate.

Training and Education

  • Lead and/or participate in webinars, sales trainings and networking meetings, both virtually and in-person
  • Create and/or refine training content (financial, marketing, management, sales and procedures)
  • Conduct one-on-one coaching and training with owners and staff as appropriate

Administration

  • Communicate with customers and Oticon staff within 24 hours of receiving voice or email
  • Travel to visit customers at national and regional events. Up to 20% overnight travel is often expected
  • Complete special projects or assignments as may be assigned from time to time
Qualifications
  • A Bachelor's degree or higher is required
  • 5 years consulting, management, and finance experience required
  • Specific hearing health industry or B-B consulting experience is preferred
  • Strong communicator via in-person, phone, and e-mail promoting a professional, customer-oriented and collaborative style
  • Open to feedback and desire for continuous learning and improvement
  • Well organized and effectively manages schedule, travel, and budget in a professional and cost-efficient manner
  • Collaborate effectively with business development team as well as other departments within the organization and externally
  • Proficiency in necessary software including Excel, Word, Outlook, OneDrive, Sharepoint, and virtual communication tools such as Zoom and Teams
  • Proven ability in understanding of financial statements and contracts

The Company is an Equal Opportunity/Affirmative Action employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

#LI-RW1 #Oti_US

Need help finding the right job?
We can recommend jobs specifically for you! Click here to get started.

Oticon, INC. is an Equal Opportunity / Affirmative Action employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status

 

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Business Development Manager?

Sign up to receive alerts about other jobs on the Business Development Manager career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$135,198 - $184,326
Income Estimation: 
$183,731 - $240,665
Income Estimation: 
$155,815 - $224,703
Income Estimation: 
$135,198 - $184,326
Income Estimation: 
$183,731 - $240,665
Income Estimation: 
$155,815 - $224,703
Income Estimation: 
$62,963 - $81,207
Income Estimation: 
$77,000 - $101,611
Income Estimation: 
$121,487 - $157,064
Income Estimation: 
$77,000 - $101,611
Income Estimation: 
$106,109 - $140,344
Income Estimation: 
$121,487 - $157,064
Income Estimation: 
$106,109 - $140,344
Income Estimation: 
$143,727 - $183,807
Income Estimation: 
$121,487 - $157,064

Sign up to receive alerts about other jobs with skills like those required for the Business Development Manager.

Click the checkbox next to the jobs that you are interested in.

  • Business Acumen Skill

    • Income Estimation: $130,351 - $192,268
    • Income Estimation: $134,706 - $216,022
    • Income Estimation: $291,150 - $460,141
  • Business Development Skill

    • Income Estimation: $149,588 - $210,602
    • Income Estimation: $103,275 - $152,386
    • Income Estimation: $109,535 - $156,850
    • Income Estimation: $156,374 - $224,893
  • Campaign Management Skill

    • Income Estimation: $149,588 - $210,602
    • Income Estimation: $103,275 - $152,386
    • Income Estimation: $109,535 - $156,850
    • Income Estimation: $156,374 - $224,893
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Oticon, Inc

Oticon, Inc
Hired Organization Address Washington, DC Part Time
Part Time Newborn Hearing Screening Technician Department Diagnostics - HSA NHS Job Locations US-DC-Washington Job ID 20...
Oticon, Inc
Hired Organization Address Prairie, MN Full Time
Test Manager Department Diagnostics - Grason-Stadler Job Locations US-MN-Eden Prairie Job ID 2025-22736 Overview Grason-...
Oticon, Inc
Hired Organization Address Somerset, NJ Full Time
Audiology Sales Consultant (Onsite Workshop Lead) Department Network - CQ Partners Job Locations US Job ID 2025-22724 Ov...
Oticon, Inc
Hired Organization Address Somerset, NJ Full Time
Senior Director of Commercial Excellence and Insights Department Oticon Sales Job Locations US-NJ-Somerset Job ID 2025-2...

Not the job you're looking for? Here are some other Business Development Manager jobs in the Somerset, NJ area that may be a better fit.

Business Development Manager

Messer North America, Inc., Bridgewater, NJ

Business Development Manager

trade zone auto sales, Hampton, NJ

AI Assistant is available now!

Feel free to start your new journey!