Nature of Work Performed by a Pharmaceutical Territory Manager
The nature of work performed by a pharmaceutical territory manager has various dimensions. He is completely responsible for the implementation and execution of the company's objectives and strategies. A pharmaceutical territory manager has to develop competencies of work force in such a way that sales of the product line manufactured by the company experiences a rise. It is the duty of a pharmaceutical territory manager to monitor and control all territory expenses which include selling expenses, product bonuses and customer's trade returns, if any.
A pharmaceutical territory manager has to work in complete cooperation with the medical sales representatives to carry out face to face interactions with doctors, hospital staffs and physicians. It is the responsibility of a pharmaceutical territory manager to conduct interviews for recruitment of energetic and result-oriented medical sales representatives in the organization. He also has to demonstrate complete knowledge of the diseases in which the company products deal with and impart knowledge to the medical representatives which is also required while training them.
Educational Qualifications Required for a Pharmaceutical Territory Manager
A pharmaceutical territory manager needs to have a Bachelor's Degree in science or pharmaceuticals. The candidates who have good working experience as medical sales representatives can settle for the job of a pharmaceutical territory manager even if they do not possess a relevant Master's or Bachelor's Degree in Sciences.
Skill Set Required To Become a Pharmaceutical Territory Manager
First and foremost, a pharmaceutical territory manager must have exceptional communication skills as this is the very first pre-requisite that this job requires. Knowledge of various medical terms and medical formulations in which the company is dealing is surely required.
A person who wants to become pharmaceutical territory manager must have a great amount of confidence and dedication. The job of a pharmaceutical territory manager requires extensive traveling and only those candidates who have the mindset to travel can settle for this job at the end of the day.
Employment Prospects of Pharmaceutical Territory Manager Job
The employment prospects of this job are very much supportive. Apart from being a highly professionally centric job, it is an extremely respectable profession. On an average, a pharmaceutical territory manager earns a salary of about $25,000 and this can go up to $35,000 depending on the level of organization in which the candidate is working.
Candidates who have solid working experience as medical sales representatives and possess the academic qualifications required to become a pharmaceutical territory manager can go for this job. This is one of the most preferred in the pharmaceutical sector. Try your luck and get your career started with this growing and upbeat field.