Job Description
The Director, Business Development – Partnershipsfocuses on developing relationships with our partners and growing business through this channel.
•Revenue Growth:
Attain bookings and revenue goals for self. Own the partnership sales pipeline, revenue targets, ensuring growth.
•Partner Management:
Collaborate with existing partners, manage relationships and grow based on the book of business. Build and nurture relationships with potential partners and establish partnership SoPs.
•Sales Strategy and Business Development:
Reach set sales quota through growing existing relationships and new contacts/opportunities. Day-to-day responsibilities include presenting solutions and capabilities, generating pricing and proposals, pipeline management, leading customer meetings, and managing engagements.
•CRM Management:
Maintain accurate and up-to-date data within the CRM system. Build and maintain both internal and external stakeholder relationships inclusive of cultivating partnership relationships to upsell accounts with additional product and services.
•Collaboration:
Work with sales leader and extended sales team, marketing, delivery and other departments to ensure alignment and effective communication to initiatives that drive awareness of capabilities and offerings.
•Market Intelligence:
Be aware of and stay ahead of industry trends, regulatory changes, and competitor activity to most effectively position our solutions.
Required Work Experience:
- Bachelor's degree in Business Administration, Economics, Analytics, or related field. - 10+ years of experience in healthcare or life sciences specifically in data and analytics driven solutions delivery or commercialization.
-2+ years of successful Business Development experience in the healthcare and life sciences industry. Demonstrated ability to attain sales quota. -Proficiency with CRM tools (e.g., Salesforce, HubSpot), CLM systems (e.g., Ironclad, DocuSign), and Microsoft Office/Google Workspace.
-Strong understanding of contract structures and basic legal terms.
Preferred Work Experience:
-Master’s degree in Business Administration, Economics, Finance, Analytics or related fields. - 2 or more years of experience in RWD and analytics solutions space, PBM and Population Health spaces.
- Knowledge of healthcare compliance, data privacy regulations (HIPAA, GDPR) and data usage rights.
-Experience working with industry partners in a business development capacity that acts as RWD data aggregators, solutions providers and marketplaces. As well as PBM and Population Health markets.
Physical and Mental Requirements:
Sitting for long periods of time in front of a computer.
Technical /Job Specific Knowledge:
•RWD Experience – Experience in RWD solutions in healthcare and life sciences field.
•Sales Knowledge: Understanding of sales processes, customer behavior, and pricing techniques.
•Software Proficiency: Proficiency in Salesforce, Microsoft Excel, Power BI, and other data analysis tools.
•Teamwork: Ability to work effectively in a team environment.
Skills:
•Business Development Skills: Ability to prospect for new business/partners but also to grow existing relationships with established partners.
•Analytical Skills: Strong ability to analyze data, identify trends, and draw conclusions.
•Data Management: Proficiency in using CRM systems and other data management tools.
•Communication Skills: Excellent written and verbal communication skills to effectively communicate insights and recommendations.
•Problem-Solving Skills: Ability to identify and solve problems related to sales processes and pricing strategies.