Business Development Manager - Healthcare/Life Sciences

GLG • New York, NY

72d • $75,000 - $100,000

About The Position

GLG is seeking a tenacious individual to join our Healthcare/Life Sciences team supporting pharmaceutical, medical device, and/or diagnostic clients. The Business Development Manager – Life Sciences is a key client-facing role on GLG’s Corporate Sales team that plays a vital part in GLG's relationships with leading Life Sciences Corporations. The Business Development Manager is a hunter role and will be responsible for developing both large and mid-sized partnerships by engaging prospects within top 30 global pharmaceutical, medical device, and diagnostics companies, helping them fully realize the value of GLG's product suite. At GLG you will have both the opportunity to grow professionally and to also work in a collaborative and fast-paced environment.

Requirements

• Bachelors degree or above, ideally in a life sciences related field (e.g. biology, chemistry, physics)
• 2-5 years of work experience within a sales (e.g. inside sales, new business development, medical representatives) role in relevant industries such as healthcare (e.g. HealthTech/IT, hospitals) and life sciences (e.g. pharma, medtech, biotech)
• Strong knowledge of the pharmaceutical industry, including understanding of drug development journey, regulatory compliance, and market trends
• Outstanding written and oral communication skills​
• The highest level of integrity and professionalism​
• Demonstrated ability and initiative to handle increasing responsibility over time​
• Proficiency in Microsoft Office, Salesforce and sales support tools (e.g. Groove, SalesLoft)

Nice To Haves

• Experience in market research or consulting services
• Experience in subscription account management roles​
• Proven track record of developing account plans and securing successful renewals​

Responsibilities

• Support the life sciences business development efforts for key large logos by identifying, developing, and expanding business opportunities
• Help identify target prospects in priority markets and drive outreach strategy to develop the sales pipeline in existing and new accounts
• Build and update clear account maps of key accounts detailing key departments and stakeholders
• Build and maintain strong relationships with prospects/clients and key decision-makers across all seniority levels (i.e. managers, directors, VP, C-level)​ and functions
• Develop supporting pitch materials​ and communicate with prospective clients via email, phone & in-person
• Prepare and deliver compelling presentations to clients that demonstrate the value of GLG's services.
• Work alongside sales leadership to drive commercial success, develop account plans and engage with clients regularly to articulate the firm's value proposition and uncover new growth opportunities for GLG​ product suite
• Log and track sales pipeline opportunities on CRM, follow all sales related processes, and communicate clear, accurate updates to team and senior management (e.g. KPI reporting)
• Engage regularly with internal cross-functional teams (e.g. marketing, legal, compliance, finance, IT) to align stakeholders and ensure smooth execution of all business development related activities
• Work closely with GLG project teams to support execution and delivery of research projects, providing guidance and support as needed
• Collaborate with GLG's research teams to target new areas of opportunity and further develop the GLG's service product offering
• Keep up-to-date with industry news and key client developments, and use this knowledge to identify potential new business opportunities.
• Organize key internal and external client meetings​, including business trip logistics and activities
• Travel to client sites on a regular basis to build long-term client relationships

Benefits

• Comprehensive medical, dental and vision coverage effective on your first day of employment
• Flexible paid time off. No pre-determined limits on vacation time, plus 10 company holidays
• 401(k) and Roth 401(k) plans with an employer match (subject to annual limits & vesting)
• Tuition reimbursement program for eligible courses including language skills courses
• Paid parental leave, adoption and surrogacy reimbursement
• Free wellbeing support with the Calm app, Maven and EAP, and free long-term therapy & counselling assistance through Pathways
• Other work perks and benefits available based on final job location

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees