At a Glance
- Tasks: Lead business development in Life Sciences, shaping strategy and driving impactful projects.
- Company: A leading consultancy dedicated to transforming health and healthcare.
- Benefits: Flexible working, generous holiday allowance, and tailored benefits for your lifestyle.
- Other info: Opportunities for professional growth and a supportive development environment.
- Why this job: Join a dynamic team making a real difference in the healthcare sector.
- Qualifications: In-depth knowledge of Life Sciences and experience in strategy or management consulting.
The predicted salary is between 60000 - 80000 £ per year.
We are a leading consultancy with a purpose to make an enduring impact on health and healthcare. We work with leaders and frontline teams to improve health, transform healthcare, drive adoption of innovation and create value through investment. Our consultancy serves the entire healthcare sector, from payors and providers of care, to life science companies, health tech and sector suppliers and health investors. We provide end-to-end services, from strategy through implementation, accelerated by data, digital and AI. We shape opinion through evidence-based thought leadership on key issues affecting health. With unmatched ability to access and use health data, our consultants are a driving force for delivering positive and meaningful change.
This is a pivotal leadership role at the heart of CF's Life Sciences practice. Accountable to the Managing Partner, you will orchestrate the Business Development efforts of the practice shaping strategy, converting it into annual goals and quarterly OKRs, and coordinating delivery across a multidisciplinary team. You will drive our marketing and thought leadership activity, own end-to-end procurement processes, and maintain the management information standards that keep the practice performing. Collaboration is key: you'll work closely with the wider life sciences leadership team and Business Development Managers across the business to ensure our resources are focused where they matter most.
This role offers an extraordinary opportunity for professional growth within a supportive development environment. You will gain invaluable experiences, unlocking your potential to reach new heights in your career journey. We are looking for passionate individuals with an in-depth knowledge of the Life Sciences industry and experience within strategy or management consultancy to take ownership of the following responsibilities:
- Strategic Business Planning and Management: Work closely with the Managing Partner and Commercial Director in the development of our priorities and plan on an annual, quarterly and monthly basis. Identify emerging Life Sciences trends and opportunities that align with our business goals. Manage the end-to-end business development pipeline from discussion through to proposal development and contracting. Ensure the capture and use of management information to track and measure the performance of business development activities. Lead cross-functional teams to orchestrate business plans, connecting with the marketing function and collaborating with partners to leverage collective capabilities.
- Marketing and Thought Leadership: Collaborate with the marketing team to create compelling content that highlights the company’s expertise in Life Sciences and healthcare innovation. Lead the creation of white papers, case studies, and other thought leadership content. Monitor industry trends and insights to ensure the company remains at the forefront of innovation and thought leadership. Partner with external stakeholders to develop co-branded marketing initiatives and joint thought leadership campaigns.
- Proposal Development and Bid Management: Provide leadership in proposition, proposal and pitch development to ensure documents are tailored to client needs and of the highest quality. Ensure compliance with both client and internal requirements during the bid process, including around pricing, resourcing and procurement rules. Lead problem-solving meetings and engage with relevant stakeholders to gather necessary information and insights for proposals. Handle the necessary preparations to facilitate effective business development meetings.
- Team Leadership and Development: Lead and mentor junior team members to foster professional growth and ensure high performance. Respond to ad hoc requests agilely and prioritise tasks effectively for the Life Sciences team. Delegate tasks effectively to ensure alignment with team capabilities and manage workloads. Organise and lead key internal meetings, such as steering groups and pipeline reviews, by setting agendas and coordinating inputs from other team members.
- Continuous Improvement: Develop and maintain an effective repository of business development materials to streamline the bid process. Identify tools and processes that improve our overall bid performance and efficiency. Review and integrate lessons learned from bid submissions to enhance the end-to-end business development process.
- Networking: Network with potential partners to explore and develop collaborative projects. Build and maintain relationships with client procurement teams to enhance business opportunities. Identify and attend relevant conferences to build network and identify opportunities.
- Commercial Discipline: Maintain a thorough understanding of CF pricing structures, margin expectations and commercial policies ensuring all proposals and fee tables are compliant and competitively positioned. Track and report on pipeline value, conversion rates and revenue forecasts. Identify and flag commercial risks within bids and contracts early, proposing mitigations that protect both client relationships and company interests. Drive a culture of commercial accountability within the life sciences practice ensuring the team understand the link between business development activity and the financial performance of the practice.
In order to be successful in this role, we are looking for candidates with a combination of the following skills and experiences:
- In-depth knowledge of the Life Sciences industry and experience within strategy/management consulting.
- Strong business development acumen, including identifying new opportunities and contributing to organisational growth.
- Excellent written communication skills and experience developing proposals.
- Ability to think strategically and develop comprehensive plans to address complex challenges for the Life Sciences industry.
- Good project management skills, including multitasking, resource management, and delivering successful outcomes within tight timeframes.
- Proficiency in data analysis, with the ability to interpret analysis for informed decision-making.
- Exceptional leadership abilities, with the capacity to inspire and mentor team members for high-performance results.
- Excellent communication and interpersonal skills to establish and nurture client relationships.
- Commitment to continuous learning and staying updated with industry trends and best practices.
- Comfortable working with ambiguity and adapting quickly when priorities change.
- Educated to a degree level (or equivalent experience).
Flexible working: Our default is to work in person with our clients, but we also support remote working. Team members can work from home one day per week as standard, and we offer an additional 44 remote working days per year. This allows you to work from home up to two days per week-subject to client needs- or use your allowance in blocks, depending on what works best for you. Office hours are flexible within our core hours of 10am–4pm.
We offer a competitive and flexible reward package designed to support you at work and beyond it. You will benefit from a generous holiday allowance that grows with your career (minimum of 25 days), a strong employer pension contribution, and the freedom to tailor benefits to suit your lifestyle, from wellbeing and fitness to financial protection. We are committed to supporting life’s important moments, with enhanced family leave, income and life protection, and access to practical benefits that make everyday life easier, such as interest-free loans and travel support. Your wellbeing matters to us. You will have access to a comprehensive wellbeing and employee assistance programme, preventative health benefits, and initiatives that support an active, balanced way of working. Above all, we invest in our people; offering flexibility, security, and benefits that grow with you, so you can do your best work while building a sustainable and rewarding career.
Business Development Manager, Management Consulting, Life Sciences in London employer: Carnall-Farrar
Carnall-Farrar is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration within the Life Sciences sector. With a strong focus on employee growth, you will have access to tailored development opportunities and the chance to make a significant impact in healthcare while working remotely from Greater London. Join us to be part of a team that values your contributions and supports your professional journey.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager, Management Consulting, Life Sciences in London
✨Tip Number 1: Get Involved in Consulting Case Competitions
Look for case competitions hosted by universities and consulting firms. They’re a fab way to showcase your problem-solving skills and meet industry players. Plus, winning one can seriously boost your CV, which we know is key when applying for roles like Business Development Manager, Management Consulting, Life Sciences at Carnall-Farrar!
✨Tip Number 2: Leverage Alumni Networks
Tap into your university’s alumni network; many consultants love to help out new talent. Reach out to alumni who are working in management consulting, they might have insider knowledge about openings at firms like Carnall-Farrar or be willing to refer you for that Business Development Manager, Management Consulting, Life Sciences position!
✨Tip Number 3: Attend Industry Events and Conferences
Keep an eye on management consulting events, workshops, or panels. These are prime opportunities to network with top professionals and get your name out there. You might even bump into someone from Carnall-Farrar who’s on the lookout for their next Business Development Manager, Management Consulting, Life Sciences star!
✨Tip Number 4: Polish Your Consulting Skills Online
Engage with online platforms that offer consulting simulations or courses. Prove your chops by completing relevant projects — this not only beefs up your experience but also gives you concrete examples to chat about during interviews for that full-time Business Development Manager, Management Consulting, Life Sciences role at Carnall-Farrar!
We think you need these skills to ace Business Development Manager, Management Consulting, Life Sciences in London
Some tips for your application 🫡
Show Your Problem-Solving Skills:In management consulting, it's all about problem-solving—so make sure your CV highlights your analytical and critical thinking skills. Include examples from your studies or previous roles where you tackled complex issues or came up with innovative solutions. Quantify your achievements whenever possible to demonstrate your impact!
Tailor Your Cover Letter:Your cover letter is your chance to explain why you're a perfect fit for the consulting world. Focus on your motivation for joining the industry and how your skills align with the requirements of the role at Carnall-Farrar. Remember to mention any relevant coursework or projects that showcase your understanding of strategic frameworks or business models!
Highlight Team Experience:Consultants often work in teams, so it's vital to showcase your collaborative skills. Include experiences where you've worked effectively with others, whether in academic group projects or internships. Discuss your role in the team and how you helped achieve common goals, demonstrating you can thrive in a consultancy environment.
Professionalise Your Online Presence:Make sure your LinkedIn and any other professional profiles are up to date, reflecting your career aspirations in management consulting. Connect with industry professionals and follow relevant groups—show you’re serious about entering this field. Applying through our website is a great way to get noticed, so showcase your personality and enthusiasm there!
How to prepare for a job interview at Carnall-Farrar
✨Master the Case Study Game
In management consulting, case study interviews are all the rage. Make sure to practice structuring your thoughts and analysing data on the fly. Use resources like example case studies to get comfortable with frameworks and solutions. Remember, it’s not just about getting the right answer but showcasing your thought process, so talk us through your reasoning!
✨Know Your Numbers
Be prepared for some numerical and analytical questions. Brush up on your mental math and be ready to interpret data from charts or graphs. We might throw some business scenarios at you that require a quick turnaround on numerical analysis, so practice these skills to feel confident and swift!
✨Show Your Leadership Flair
As this is a full-time role, we want to see your potential as a seasoned consultant. Be ready to discuss experiences where you've led a project or a team. Think about times you've influenced decisions or navigated challenges—this is your chance to show how you can thrive in a fast-paced, collaborative environment.
✨Be a Cultural Fit
We’re not just looking for brains; we want to see if you vibe with our company culture at Carnall-Farrar. Prepare to share how your values align with ours. Have a think about what makes a great team environment for you and how you can contribute to that. A good cultural fit goes a long way in management consulting!