Account Executive - The Lockwood Group in London

Account Executive - The Lockwood Group in London

London Full-Time 27000 - 33000 £ / year (est.) Home office (partial)
Random42 Ltd

At a Glance

  • Tasks: Support lead generation and business development in the pharmaceutical industry.
  • Company: Join The Lockwood Group, a leader in medical communications and market access.
  • Benefits: Enjoy hybrid working, 25 days holiday, and a competitive commission scheme.
  • Other info: Dynamic team environment with opportunities for career growth and development.
  • Why this job: Gain insights into the commercial side of pharma while making a real impact.
  • Qualifications: Life sciences degree preferred; no prior experience required.

The predicted salary is between 27000 - 33000 £ per year.

The Lockwood Group is recruiting for a talented full-time Account Executive to join the sales team to support lead generation and business development. This role will be UK-based at the Random42 offices in Marylebone, London, and will report directly to the Market Insights Director.

About Random42 and The Lockwood Group

Lockwood consists of multiple agencies specializing in medical communications and market access. With a keen focus on science, we go beyond simply understanding data around therapeutic advances to uncover the insights that inform compelling stories. Lockwood provides core services for Medical Affairs, Commercial, Publications and Market Access Clients. Random42 is an affiliate of The Lockwood Group and is the premier medical animation agency working to effortlessly intertwine the worlds of science, art, and technology, producing some of the most impactful scientific imagery, stories, and interactive experiences. We are both continuously expanding our hardworking and dedicated teams, striving to improve on quality year-on-year and maintain our positions as global leaders.

About the Role

The ideal candidate will have excellent organisational skills, meticulous attention to detail, strong initiative, and the ability to assimilate knowledge of pharmaceutical marketing and medical communications. We work with the world's leading healthcare and pharmaceutical companies, so a passion for science and a strong academic background is preferred. Strength in communication for direct customer relationships is also preferred.

Purpose of an Account Executive

We provide countless opportunities for our Account Executives (AEs) to gain insight into the commercial side of the pharmaceutical industry. As an AE, you will be able to identify new business opportunities with prospective clients. Distinguishing relevant market opportunities to target and preparing competitive pitch material and proposals to our biggest clients. We will provide you with all the resources to execute our sales strategy and manage customer relationships. AEs at Lockwood and Random42 are also responsible for reporting and communicating with the wider team on current metrics surrounding targets and performance. Overall, an AE has a vital role within the team to support the delivery of our business objectives.

Responsibilities of an Account Executive

  • Understand Lockwood's business, services (medical communications, publications, and market access), and our value proposition for clients.
  • Identify potential target companies within the pharmaceutical sector, ranging from small to large companies, focusing on those with a need for our services.
  • Execute targeted search strategies on LinkedIn to identify key decision makers within target companies.
  • Conduct outreach to potential clients, including initial contact and capabilities calls.
  • Collaborate with the Strategic Services team to prepare and deliver presentation and proposals.
  • Develop and maintain robust lead pipelines for target companies.
  • Proactively monitor market trends and client activities/developments and share value insights to the Strategic Services team.
  • Management of key databases (Salesforce and Google Docs), including maintenance of prospective leads and current clients data.

Essential Skills or Qualifications

Previous experience is not required, as training will be provided on the job. However, candidates must have a life sciences BSc and/or MSc preferred with an interest in science, as well as a strong desire to develop their career in business development, account handling, and with a commercially driven mindset.

Desirable Skills or Qualifications

  • A high standard of accuracy and attention to detail.
  • Strong and confident communicator both verbally and in writing.
  • Comfortable with all Microsoft offerings.
  • Effective time management and organisational skills.
  • Ability to be solutions-driven.
  • Showing willingness and pro-activity to drive new business.

Benefits & Perks

  • Hybrid Working (2 days per week from home after successful completion of probation period).
  • 25 days holiday plus 8 bank holidays.
  • Company pension scheme.
  • A competitive commission scheme.
  • Calm Premium membership.
  • Medicash health benefit.
  • Employee Assistance Programme.
  • Life insurance (5x salary).
  • Cycle to work scheme.
  • Indoor cycle park.
  • On-site shower.
  • Centrally located office with roof terrace.
  • Breakfast and refreshments provided in the office.
  • Summer/Christmas parties and regular socials.
  • Season ticket loan.
  • 2 days of charity leave per year.
  • Employee Referral Scheme (£1,500 if you refer someone who joins the team - payable after they have been here for three months; additional £1,000 after they have been here for 1 year).

Working Location

During the initial 3-month probation period, you will be expected to work from our Marylebone office in London 5 days a week. The office is easily accessible from a number of public transport stations including Bond Street and Marylebone. Upon successful completion of probation period, you will be eligible to work 2 days per week from home, which will vary each week according to our hybrid working rota which you can view in advance. If you have commitments outside work which mean you would benefit from having two fixed days from home, such as childcare drop offs or collections, then you will be able to submit a request to make this change to your working location pattern.

Working Hours

Our standard working hours are Monday - Friday 10:00 - 18:00 (35 hours per week plus one-hour unpaid lunch break per day). Unless otherwise specified, these will be the contracted hours for the role.

Responding to Applications

We would ideally like to reply to everyone individually, however due to the volume of applications we receive this isn't possible. We will, therefore, focus on successful candidates. If your application is not successful in this instance, but you would like us to retain your CV and contact you if a position more suited to your skills and experience arises within the next 6 months, please include this in your covering email.

Conditions of Employment

Please note that any offer of employment will be subject to right to work in the UK.

Account Executive - The Lockwood Group in London employer: Random42 Ltd

The Lockwood Group offers a dynamic and supportive work environment for Account Executives, fostering a culture of collaboration and innovation in the heart of Marylebone, London. With a strong emphasis on employee growth, we provide comprehensive training and resources to help you excel in your career while enjoying benefits like hybrid working, generous holiday allowances, and regular social events. Join us to be part of a leading agency that values science, creativity, and teamwork, making a meaningful impact in the pharmaceutical industry.

Random42 Ltd

Contact Details:

Random42 Ltd Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Account Executive - The Lockwood Group in London

Leverage Your Network

In sales and business development, who you know can often be as important as what you know. Get involved with local networking events or industry meetups to connect with key players. Don't be shy—share your passion for the field and let folks know you're on the lookout for opportunities!

Show Your Skills Through Real-World Results

When targeting a full-time role like Account Executive - The Lockwood Group at Random42 Ltd, presenting tangible results from your previous sales experience can set you apart. Bring along case studies or examples of how you've closed deals or expanded accounts, and don't forget to showcase your problem-solving prowess. It’s all about quantifying your success!

Engage with Sales Communities

Dive deep into online sales communities, like Sales Hacker or LinkedIn groups dedicated to sales professionals. Engaging in discussions and sharing insights can boost your visibility and might just put you on the radar of hiring managers looking for fresh talent in business development.

Direct Applications Matter

While we all know the online application route, consider sending direct applications to companies you admire, including Random42 Ltd. Tailor your message to explain why you’re drawn to them and how you can contribute as a Account Executive - The Lockwood Group. Sometimes, a personal touch can grab attention faster than a generic application!

We think you need these skills to ace Account Executive - The Lockwood Group in London

Organisational Skills
Attention to Detail
Initiative
Knowledge of Pharmaceutical Marketing
Medical Communications
Communication Skills
Business Development

Some tips for your application 🫡

Show Off Those Sales Skills:In your CV and cover letter, highlight any previous sales or business development experience you have. Use numbers and examples to showcase your achievements – did you exceed sales targets or bring in new clients? Make those accomplishments shine!

Tailor Your Message for Random42 Ltd:When writing your cover letter, make sure to tailor your message specifically for Random42 Ltd. Show that you know the company’s mission and how your skills align with their goals in the sales landscape. This personalised touch will grab their attention!

Keep It Professional Yet Engaging:Sales is all about relationships, so while you want to maintain professionalism in your application, don’t be afraid to let your personality shine through. Engage the reader and demonstrate your enthusiastic approach to sales and business development!

Proof of Performance:Include any relevant certifications or training you’ve undertaken in sales or negotiation tactics. If you’ve attended workshops or courses, list these to showcase your commitment to professional development. This extra touch can set you apart from the competition!

How to prepare for a job interview at Random42 Ltd

Know Your Sales Methodologies

Brush up on popular sales methodologies like SPIN Selling or Challenger Sales. Being able to discuss these techniques and how you've applied them will show Random42 Ltd that you understand the role and can hit the ground running in the sales game.

Demonstrate Your Deal-Making Skills

Prepare to share stories from your past experiences where you closed deals, overcame objections, or started new client relationships. We want to show Random42 Ltd that you’re not just about numbers but also about building lasting connections in business development.

Prepare for Role-Play Scenarios

In a full-time sales interview, don’t be surprised if they throw in a role-play exercise to test your pitching skills. Practising how you would pitch a product or handle an objection will help us shine in this simulation—think of it like a dress rehearsal for your future sales calls!

Align Your Goals with the Company’s Vision

Take a moment to reflect on how your career ambitions align with Random42 Ltd’s objectives. When we articulate how our personal growth ties in with the company’s goals, it shows commitment and a genuine interest in contributing to their success.