At a Glance
- Tasks: Lead commercial negotiations and drive value in branded prescription medicines.
- Company: Join Boots, a leading healthcare provider with a supportive culture.
- Benefits: Enjoy competitive salary, generous discounts, and flexible benefits.
- Other info: Hybrid role with excellent career development opportunities.
- Why this job: Make a real impact in the pharmaceutical industry while growing your career.
- Qualifications: Strong commercial experience and advanced negotiation skills required.
The predicted salary is between 56700 - 69300 £ per year.
Commercial Manager - Branded Prescription Medicines .
A permanent, full-time hybrid role with a London-based office.
This role suits someone with strong commercial and negotiation experience looking to take ownership of senior supplier relationships within the prescribed medicines category.
About The Role
Part of our Healthcare Business Unit, the Pharmacy Commercial Partnerships and Supply team are responsible for commercial and supply management of the pharmaceutical category.
Your role will include leading commercial discussions with senior representatives from pharmaceutical manufacturers.
You'll work across some of our branded suppliers, using your advanced negotiation skills and strong commercial insight to drive incremental value and support the delivery of budgeted buying profit.
You will combine supplier engagement, market knowledge and data-led analysis to identify opportunities, influence supplier behaviour and ensure Boots secures the best possible commercial position.
You'll also collaborate closely with internal teams and external wholesalers to enable informed decision-making and ensure smooth execution of commercial agreements.
Key responsibilities
- Lead commercial negotiations with senior representatives at pharmaceutical manufacturers to secure competitive pricing and funding for brand deals.
- Combine market analysis, industry knowledge and financial insight to identify new commercial opportunities.
- Support development and execution of commercial strategies that deliver incremental supplier funding and improved buying profit.
- Collaborate with internal teams and external wholesaler category teams to ensure commercial agreements are operationally aligned.
- Maintain accuracy and integrity of commercial agreement records and ensure timely updates.
- Provide commercial expertise and support to cross-functional projects focused on margin improvement.
- Represent the commercial agenda in internal forums and contribute to longer-term supplier strategy planning.
- What You’ll Need To Have
- Strong commercial experience within a buying, supplier management or pharmaceutical environment.
- Developed negotiation skills with experience influencing senior stakeholders.
- Ability to interpret complex data and translate insights into commercial recommendations.
- Clear and confident communicator able to build strong relationships internally and externally.
- Able to work independently, manage conflicting priorities and operate with sound commercial judgement.
- Proficient in Excel and confident using core analytical and Windows applications.
- IT WOULD BE GREAT IF YOU ALSO HAVE
- Knowledge of pharmaceutical supply chains, pricing structures and funding flows.
- Experience working with branded pharmaceutical manufacturers.
- Understanding of NHS reimbursement mechanisms and commercial frameworks.
- WHERE YOUR BRILLIANCE CAN TAKE YOU
At Boots, we work every day to build a brilliant environment for our people so they can make a difference for our customers and colleagues every time.
Your contribution matters, and you'll be backed by supportive managers, tools and mentorship.
Take ownership, stay curious and drive your development, and in return, you'll be trusted to do your job and given the space to grow.
- Rewards designed for you
- Boots Retirement Savings Plan (up to 12% company contribution)
- Discretionary annual bonus
- Generous employee discounts for you and a family member
- Enhanced maternity/paternity/adoption leave pay and gift card for anyone expecting or adopting a child
- Flexible benefits scheme including option to buy additional holiday, discounted gym membership, life assurance, activity passes and much more.
- Access to free, 24/7 counselling and support through TELUS Health, our Employee Assistance Programme.
There's lots more in our benefits and discounts, My Boosts - there to give you that little lift in your everyday.
Find out more at http://boots. jobs/rewards.
Exclusions may apply; eligible roles only.
Please note that any salary estimates provided on third-party sites are not endorsed by Boots and may not be accurate.
At Boots, we're proud to be an equal opportunity employer, creating a place where everyone feels welcome, supported and free to be themselves.
We believe that when our people feel valued and included, they thrive, so we're committed to creating a brilliant Boots for our people so they can make a difference for our customers and colleagues every time.
Boots is a Ban the Box employer and will consider the suitability of applicants with criminal convictions on a case-by-case basis.
This role requires the successful candidate to complete a pre-employment check after receiving an offer.
Depending on your location, you will be asked to submit either a DBS (Disclosure & Barring Service), PVG (Protection of Vulnerable Groups) or an Access NI Check.
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Commercial Manager - Branded Prescription Medicines employer: Boots UK
Boots UK is an excellent employer for pharmacists seeking to make a meaningful impact in patient care within the vibrant community of Basingstoke. With a strong commitment to career development and a supportive work culture, employees benefit from diverse growth opportunities and access to both in-store and digital tools that enhance their professional skills. Join us to be part of a team that values exceptional service and fosters a collaborative environment.
StudySmarter Expert Advice🤫
We think this is how you could land Commercial Manager - Branded Prescription Medicines
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We think you need these skills to ace Commercial Manager - Branded Prescription Medicines
Some tips for your application 🫡
Showcase Your Relevant Experience:When applying for a role in the pharmaceutical industry, it's crucial to highlight any relevant experience you have. Whether that's internships, lab work, or even related coursework, make sure to weave this into your CV and cover letter. We want to see how your background aligns with the role you're applying for at Boots UK!
Emphasise Your Understanding of Regulations:The pharmaceutical industry is heavily regulated, so it's important to indicate your familiarity with industry standards and regulations. In your cover letter, mention any training or certifications you've received that are relevant, or discuss projects where you’ve navigated compliance. This will show Boots UK that you're not just a fit for the job but also a safety-conscious candidate!
Tailor Your CV to Be Result-Driven:Craft your CV to highlight quantifiable achievements, especially if you have previous roles in pharmaceuticals or related fields. Use metrics to demonstrate your impact, such as improved processing times or successful project completions while working on trials. This analytical approach will resonate well with hiring managers at Boots UK!
Convey Your Passion for the Industry:In your cover letter, express why you are passionate about working in the pharmaceutical sector. Whether it’s your desire to contribute to groundbreaking drug research or improve patient outcomes, let it shine through! At Boots UK, we value candidates who are truly enthusiastic about their work—you might just stand out from the crowd.
How to prepare for a job interview at Boots UK
✨Understand the Science
Make sure you brush up on key pharmaceutical concepts and recent developments in the industry. You might get asked some technical questions during the interview at Boots UK that show your grasp of drug development processes or regulatory requirements, so be ready to discuss them clearly.
✨Showcase Relevant Experience
If you have any hands-on experience or internships in a laboratory setting, be sure to highlight these in your responses. Think about the projects you worked on, the methodologies you used, and the impact you made. It's all about telling a story that connects your background to the role you're applying for.
✨Know Their Products
Take some time to familiarise yourself with Boots UK’s product range and recent breakthroughs. Understanding their portfolio not only shows your enthusiasm for the role but also allows you to ask insightful questions that demonstrate your interest in actively contributing to their projects.
✨Be Ready for Regulatory Scenarios
In a full-time pharmaceutical role, understanding the regulatory landscape is crucial. Prepare for situational questions that may test your problem-solving skills concerning compliance and safety standards. You could be asked how you'd handle a hypothetical issue regarding a drug’s market release, so think through your approach.
