Account Specialist (Madison, WI)
Praxis Precision Medicines, a clinical-stage biopharmaceutical company specializing in therapies for central nervous system (CNS) disorders, is seeking an Account Specialist to join their team in Madison, Wisconsin. This role is pivotal as the company prepares for commercialization, aiming to enhance its presence in the CNS therapeutic area. The Account Specialist will be integral to executing business plans, fostering relationships with healthcare providers, and driving product adoption within the designated territory.
In this position, the Account Specialist will be responsible for developing and implementing territory business plans to meet and surpass sales objectives. Key duties include building and maintaining strong relationships with healthcare providers and key stakeholders, facilitating product adoption through effective customer engagement and education, and navigating complex patient pathways to ensure access to therapy. Collaboration with Market Access, Strategic Accounts, Patient Services, and Medical teams will be essential to optimize customer and patient outcomes. Additionally, the role involves supporting launch execution, leveraging field insights to inform strategy, and ensuring compliance with all regulatory and company policies.
Candidates should possess over five years of direct sales experience in CNS or specialty pharmaceuticals, with a deep understanding of complex patient pathways and specialist prescriber dynamics. Experience in recent product launches, including pre-launch planning and early market execution, is highly preferred. Familiarity with formulary access strategies, early market penetration tactics, and selling into hospital systems, IDNs, and institutional accounts is advantageous. A proven track record of strong, consistent performance against sales quotas and territory goals is essential.
The compensation package includes an annual base salary ranging from $160,000 to $192,000 USD, with placement within this range based on experience, qualifications, and demonstrated performance. Benefits encompass comprehensive medical, dental, and vision plans with 99% of premiums paid by the company, company-paid life insurance, AD&D, disability benefits, and voluntary plans. Additional perks include a dollar-for-dollar 401(k) match up to 6%, long-term stock incentives, an employee stock purchase plan (ESPP), a discretionary quarterly bonus, flexible wellness benefits, generous paid time off (PTO), paid holidays, and company-wide shutdowns.
Praxis Precision Medicines fosters a collaborative and innovative culture, aiming to reshape the human condition through the development of precision therapies for CNS disorders. The company is committed to advancing its portfolio of therapies and offers opportunities for professional growth and impact in the field of neuroscience.