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National Account Manager Long Term Care

Validus Pharmaceuticals
Cranbury, NJ Full Time
POSTED ON 2/13/2025
AVAILABLE BEFORE 5/13/2025

Company : Validus Pharmaceuticals LLC

Job Title : National Account Manager Long Term Care (LTC) Sales

Location : East Windsor, NJ

Department : National Accounts Sales Market Access

Employment Type : Full-time

Reporting To : Director, Access & Reimbursement

Position Overview :

We are seeking a dynamic and results-oriented National Account Manager to join our sales team at Validus Pharmaceuticals LLC, a leading pharmaceutical company focused on psychiatry and neurology therapies.

We presently market Equetro - the only carbamazepine product approved by FDA for the treatment of bipolar 1; and soon launching a new product indicated for major depressive disorder that has wide acceptance in the geriatric population.In addition, we expect further new launches in 2025 that will have a significant addressable market in geriatrics / long term care.

The ideal candidate will have proven experience in managing sales to long-term care institutions (LTC), LTC pharmacies / distributors and / or specialty pharmacies with a focus on building and maintaining strong relationships with key accounts. The National Account Manager will be responsible for driving sales growth, executing strategic initiatives, pulling through executed contracts and supporting the company's goals for market expansion and customer satisfaction across the long-term care sector.

Key Responsibilities :

  • Sales Management : Develop and implement national sales strategies for long-term care institutions, including skilled nursing facilities, assisted living communities, hospice care organizations and LTC channel partners.
  • Account Growth : Build, maintain, and strengthen relationships with key decision-makers within target accounts, including executives, formulary managers, and procurement specialists.
  • Market Expansion : Identify new business opportunities and expand market share by introducing new products and services to existing accounts while prospecting and securing new LTC clients.
  • Strategic Planning : Collaborate with senior leadership to align sales objectives with overall company goals, ensuring national sales efforts are targeted to meet both short-term and long-term growth objectives.
  • Contract Negotiation : Lead and negotiate contract terms, pricing agreements, and product offerings, ensuring compliance with regulatory requirements and company standards with the Director, Access & Reimbursement.
  • Training and Support : Provide education and training to LTC clients on product features, benefits, and proper usage to ensure optimal customer satisfaction and adherence to clinical guidelines.
  • Collaboration : Work cross-functionally with market access, field sales, regulatory affairs, and supply chain teams to align on product strategies, promotional activities, and inventory management.
  • Market Intelligence : Stay abreast of industry trends, competitor activities, and regulatory changes impacting long-term care institutions to proactively adjust sales strategies.
  • Sales Reporting : Maintain accurate records of sales activities, forecast future business, and provide regular updates to management on sales performance, customer feedback, and market trends.

Qualifications :

  • Bachelors degree in Business, Life Sciences, or a related field.
  • Minimum of 5-7 years of sales experience in the pharmaceutical or healthcare industry, with at least 3 years focused on selling to long-term care facilities.
  • Existing relationships with key accounts and in-depth knowledge of the long-term care market, including the unique needs, regulations, and purchasing processes of LTC institutions.
  • Proven track record of managing large, complex accounts and driving significant sales growth.
  • Strong negotiation and contract management skills.
  • Excellent communication, presentation, and interpersonal skills, with the ability to influence and engage decision-makers at all levels.
  • Self-motivated and goal-oriented with the ability to work independently and manage multiple priorities in a fast-paced environment.
  • Familiarity with CRM tools and sales reporting software.
  • Ability to travel nationally as required.
  • Experience with products in the senior care, geriatric, psychiatry or neurology therapeutic areas is a plus.
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