Exxelia · 1 month ago
Business Development Engineer - Magnetics
Exxelia is a high-growth company looking for a dynamic Business Development Engineer to lead the commercial strategy and execution for their Magnetic Product Line in North America. This role focuses on driving revenue and innovation while collaborating with various teams to expand business opportunities and manage product portfolios.
ElectronicsManufacturing
Responsibilities
Collaborate with management and R&D to develop product policies aligned with market expectations. Dive deep into BOMs, understand cost structures, and liaise closely with procurement
Lead business development efforts by identifying new opportunities and expanding existing accounts in partnership with the sales team
Provide direction to Sales and Engineering during prospecting, pipeline development, and new product introductions
Partner with R&D to shape and maintain product and technology roadmaps
Make strategic decisions on which opportunities to pursue
Respond promptly and professionally to RFQs and proposals, setting pricing strategies aligned with market dynamics
Develop and propose pricing structures—including product-level, account-based, and value pricing—subject to approval from Finance, the GBU leadership, and the Exxelia USA GM
Drive sales growth and customer acquisition for the Magnetics business unit in North America
Grow and manage the lead pipeline, ensuring consistent follow-up and opportunity advancement
Identify new applications and customer segments for product expansion
Create sales tools and train Exxelia USA Sales Managers, Manufacturing Reps, and Distributors on product offerings, value propositions, and target markets
Steer the Rep Network and Regional Sales Managers toward high-potential opportunities to maximize effectiveness
Influence customer requirements by presenting alternative technologies aligned with Exxelia’s strengths
Build pricing proposals based on materials, labor, margin targets, and market positioning
Define negotiation strategies and actively engage in key negotiations
Ensure timely and coordinated responses to RFQs in collaboration with Sales and Customer Service
Track and report on quote/proposal activity, maintaining KPIs
Support Regional Sales Managers in presenting strategic opportunities to executive leadership
Provide technical support to Sales throughout the engagement cycle
Monitor and analyze market trends, prospects, customer needs, and competitor activities
Share competitive intelligence and market insights with key internal stakeholders
Develop business plans for assigned product lines with input from Engineering and R&D
Define pricing policy and strategy, with finance and GBU management approval
Develop competitive differentiators and articulate product value propositions
Create and maintain Strategic Business Plans for product lines
Contribute to the global Technology & Product Roadmap alongside the R&D team
Aggregate and analyze business and market data to support strategic decisions
Set annual order intake (Bookings) targets
Participate in Strategic Business Planning and Reporting processes
Qualification
Required
Strong foundation in electronics, especially magnetics, passive components, or power electronics
Minimum 5 years of experience in Defense, Civil Aviation, Medical, and/or Mass Transportation sectors
Bachelor's degree in Engineering required
Exceptional communication skills—verbal, written, and listening
Proactive, team-oriented mindset with strong business acumen
Willingness and ability to travel 30%+
New Design-Ins (custom and build-to-print)
Contribution Margin
New Customer Acquisition
Preferred
MBA preferred
Company
Exxelia
Exxelia is a designer and manufacturer of high reliability passive components and precision subsystems adapted to demanding end-markets, applications and functions.
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
HarbourVest Partners
2022-07-28Acquired
2018-01-01Private Equity
Recent News
2025-01-11
EIN Presswire
2024-11-29
2024-11-05
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