At a Glance
- Tasks: Lead strategic business development and client engagement in the biopharmaceutical industry.
- Company: Join Certara, a leader in drug development consulting with world-class experts.
- Benefits: Enjoy competitive compensation, collaborative culture, and opportunities for professional growth.
- Why this job: Make an impact in drug development while working with top-tier professionals in a dynamic environment.
- Qualifications: 10+ years in business development with a strong understanding of drug development processes required.
- Other info: Ideal for seasoned biopharma executives looking to drive strategic initiatives.
The predicted salary is between 72000 - 108000 £ per year.
Overview
Director, Business Development will be working with world class expert drug development consultants in client engagements and be supported during the Business Development process by required expert teams. As a precursor to consultant engagement with the client, our candidates will be responsible for identifying and pursuing strategic business with clients after qualifying them with a needs assessment including, understanding their business model and corporate objectives, understanding their development program focus, objectives and priorities, understanding their critical decisions and challenges and financial position. It is after this qualification process that the appropriate Certara consulting resources are identified for engagement and are introduced to the client as the Certara resource team.
Responsibilities
- Identify and pursue strategic business with new clients
- Identify and pursue business growth opportunities within assigned clients
- Conduct proper discovery to understand and qualify client needs, including understanding of business model and corporate objectives, development program focus, and priorities
- Negotiate contract terms by understanding critical decision timelines, challenges, and financial position
- Lead and facilitate client meetings with consulting resources, ensure internal stakeholders are properly briefed on client meeting plan and management
- Act as main liaison for client and Certara
- Facilitate execution of CDA/MSA
- Collaborate with project team to ensure timely delivery and quality of all project deliverables
- Communicate issues, issue status, and issue resolution on a regular basis
- Provide leadership and timely feedback to keep all stakeholders, including senior management, informed of project progress
- Ensure Salesforce is properly updated
Qualifications
- Minimum a Bachelor’s Degree (science related curriculum a plus) with a demonstrated career path in Business Development to support the sought drug development experience and understanding required for this position.
- A seasoned and well-rounded biopharmaceutical executive is required with minimum combined business development experience of 10+ years, in successfully representing drug development related consulting services from preclinical through Phase 4 in the Biopharma space.
- Thorough understanding of the drug development processes, with the ability to converse with C-suite leadership in Biopharma companies is essential. Thorough understanding of Clinical Pharmacology and Model Informed Drug Development (PK/PD, QSP, PBPK and MBMA) is a plus.
- Possesses broad knowledge of the pharmaceutical space and current macro trends within the industry. Able to lead strategic business planning process based on a thorough understanding of industry trends and opportunities and effectively solve strategic challenges.
- Proven ability to lead initiatives: work collaboratively with teams to achieve objectives. Achieves organizational focus on key priorities. Provides clear direction, delegates, actively communicates. Superior project management skills.
- Proven success in working collaboratively with cross functional commercialization teams with a strong business orientation and ability to view issues from multiple functional perspectives.
- Experienced and adept in a variety of negotiating settings. Able to engage effectively; establishes a clear negotiation strategy and manages a tight process.
- Proven experience in identifying, evaluating and pursuing business development opportunities within new and existing key markets.
- Demonstrated ability to gain credibility through successful leadership in a matrix environment, across a range of functions, position levels and geography.
- Strong communication and influencing skills.
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Director of Business Development employer: Certara
Contact Detail:
Certara Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Business Development
✨Tip Number 1
Network with professionals in the biopharmaceutical industry. Attend industry conferences, webinars, and networking events to connect with potential clients and partners. Building relationships can help you identify strategic business opportunities.
✨Tip Number 2
Stay updated on current trends and challenges in drug development. Follow industry news, subscribe to relevant journals, and engage in discussions on platforms like LinkedIn. This knowledge will help you understand client needs better and position yourself as a valuable resource.
✨Tip Number 3
Practice your negotiation skills in various settings. Role-playing different scenarios with colleagues or mentors can prepare you for real-life negotiations with clients. Being confident and strategic in negotiations is crucial for this role.
✨Tip Number 4
Familiarize yourself with Salesforce and other CRM tools. Understanding how to effectively use these platforms will help you manage client relationships and track business development opportunities efficiently.
We think you need these skills to ace Director of Business Development
Some tips for your application 🫡
Understand the Role: Before you start writing your application, make sure you fully understand the responsibilities and qualifications required for the Director of Business Development position. Tailor your application to highlight your relevant experience in business development and drug development.
Highlight Relevant Experience: In your CV and cover letter, emphasize your 10+ years of business development experience in the biopharmaceutical industry. Provide specific examples of how you've successfully identified and pursued strategic business opportunities.
Showcase Leadership Skills: Demonstrate your leadership abilities by discussing past experiences where you led initiatives or collaborated with cross-functional teams. Highlight your project management skills and how you've effectively communicated with stakeholders.
Tailor Your Communication Style: Since the role involves engaging with C-suite leadership, ensure that your application reflects a professional tone while also showcasing your strong communication and influencing skills. Use industry-specific terminology to demonstrate your understanding of the biopharma space.
How to prepare for a job interview at Certara
✨Understand the Drug Development Process
Make sure you have a solid grasp of the drug development process, especially if you're going to be discussing it with C-suite executives. Brush up on key concepts like Clinical Pharmacology and Model Informed Drug Development to show your expertise.
✨Prepare for Client Needs Assessment
Be ready to discuss how you would conduct a needs assessment for potential clients. Think about questions you would ask to understand their business model, objectives, and challenges. This will demonstrate your strategic thinking and client engagement skills.
✨Showcase Your Negotiation Skills
Since negotiation is a key part of this role, prepare examples of past negotiations you've led. Highlight your strategies and how you managed to achieve favorable outcomes while maintaining strong relationships.
✨Demonstrate Leadership and Collaboration
Be prepared to talk about your experience leading cross-functional teams. Share specific examples of how you've collaborated with different stakeholders to achieve project goals, as this will showcase your ability to work in a matrix environment.