At a Glance
- Tasks: Drive strategic partnerships and lead cross-functional teams to create innovative commercial solutions.
- Company: Join a leading biopharma company focused on impactful global partnerships.
- Benefits: Competitive salary, flexible work environment, and opportunities for professional growth.
- Why this job: Make a real difference in the biopharma industry while developing your leadership skills.
- Qualifications: Strong analytical skills and experience in partnership development or strategic account management.
- Other info: Dynamic role with global travel opportunities and a collaborative team culture.
The predicted salary is between 72000 - 108000 ÂŁ per year.
The Strategic Deals and Partnerships role will have global responsibility for driving strategic partnerships across biopharma accounts and other key organizations, including financial entities supporting clinical trial funding. This position leads cross-functional Deal Teams to design enterprise-level solutions, innovative commercial structures, and pricing strategies that align with Fortrea’s full-service portfolio. The role combines direct client relationship management with internal orchestration to influence pricing and commercial strategies, ensuring competitive positioning and margin optimization. Success will be measured primarily by strategic account penetration, complemented by revenue growth and margin improvement.
Responsibilities
- Global Leadership: Serve as a senior executive role with global responsibility for driving strategic partnerships across biopharma accounts and other key organizations, including financial entities supporting clinical trial funding.
- Deal Team Leadership: Lead a virtual team containing Operations, Finance, Contracts, Legal, Account Executives, and others across the business (“Deal Team”) to develop partnership and commercial proposals for proactive client development and client-issued RFPs.
- Commercial Strategy Influence: Integrate with deal team members to gain an understanding of procurement, competitive landscape, firm positioning, likely procurement structure, and overall bid health, influencing pricing and commercial strategies (without direct P&L ownership).
- Solution Development: Responsible for leading the development of enterprise solutions across the company establishing client value proposition, engagement model, and operational structure for delivery, working with subject matter experts.
- Partnership model cost and savings estimates supported by client-provided information, competitive intelligence, pricing model outputs, and data-driven decision support tools.
- Commercial structures, including accountability and risk-sharing arrangements, cost reduction constructs (e.g., discount/rebate structures), efficiencies, and strategies in rules of engagement, innovation, and model design.
- Pricing for new partnership models, evaluating client costs, competitive intelligence, and margin expectations.
- Data Analysis: Analyze internal and external data to maximize new business creation while managing to margin targets.
- Executive Coordination: Lead the coordination of Executive Deal Reviews, including training deal teams on review format and content and ensuring proper representation of Executives by closely coordinating with Executive Administrative support.
- RFP Management: Review client RFPs to identify specifications impacting cost and risk, identify discrepancies, and generate questions for operational teams and clients.
- Proposal Strategy: Attend and participate in proposal strategy and core team meetings for assigned engagements; interact with the Proposal Team to ensure consistency between written proposals and desired commercial positioning.
- Client Engagement: Maintain direct client relationship management throughout partnership development and negotiation processes.
- Sales Enablement: Empower sales functions by effectively communicating details of approved commercial offerings and ensuring client needs are met during bidding.
- Post-Award Oversight: On an ad-hoc basis, review and approve post-verbal award commercial requests (e.g., change order concessions, payment schedule/terms, bonus/penalty provisions).
- Department Initiatives: Lead department initiatives and drive progress across the organization.
- MSA Negotiation: Negotiate commercial terms within Master Service Agreements.
- Customer Meetings: Attend customer meetings as applicable.
- Other Duties: Perform other duties as assigned.
Performance Metrics: Success will be measured primarily by strategic account penetration, complemented by revenue growth and margin improvement.
Qualifications (Minimum Required)
- Bachelor’s degree or equivalent in a related field.
- Strong analytical skills with ability to interpret complex data and apply insights to commercial strategies.
- Excellent customer service skills, attention to detail, and ability to be persistent while maintaining tact.
- Demonstrated ability to plan, multi-task, and prioritize in a fast-paced environment.
- Exceptional teamwork and collaboration skills with proven ability to influence cross-functional stakeholders.
- Strong written and verbal communication skills, including text editing and business writing.
- Advanced proficiency in MS Office (Excel, Word, Outlook).
- Ability to work independently and meet deadlines under pressure.
- Positive attitude and sense of urgency.
- Ability to work irregular and/or extended hours as needed to meet client proposal deadlines.
- Proven track record of driving strategic account penetration, revenue growth, and margin improvement in a global biopharma or CRO environment.
Experience (Minimum Required)
- Extensive experience in partnership development, strategic account management, or related commercial leadership roles within CRO, pharma, or life sciences.
- Extensive experience leading complex deal structures, including pricing strategy, risk-sharing models, and enterprise-level solutions.
- Demonstrated success in direct client relationship management at senior/executive levels.
- Experience managing virtual, cross-functional teams (Operations, Finance, Legal, Contracts, Sales).
- Familiarity with RFP processes, proposal strategy, and executive deal reviews.
- Exposure to global markets and ability to navigate diverse regulatory and commercial environments.
- Experience negotiating Master Service Agreements and commercial terms.
- History of delivering results against strategic growth objectives and margin targets.
Preferred Qualifications Include
- Master’s degree in related field.
Physical Demands / Work Environment
- Standard office or home-based environment with frequent virtual collaboration.
- Ability to sit and work at a computer for extended periods; frequent keyboard use.
- Requires flexibility for work outside normal hours to meet client and executive review needs.
- Global travel up to 30–40%, including overnight stays.
Executive Director, Strategic Deals & Partnerships in Maidenhead employer: Fortrea
Contact Detail:
Fortrea Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Executive Director, Strategic Deals & Partnerships in Maidenhead
✨Tip Number 1
Network like a pro! Reach out to your connections in the biopharma and CRO sectors. Attend industry events, webinars, or even local meetups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its recent projects. Understand their strategic partnerships and how they align with your skills. This will help you tailor your responses and show that you're genuinely interested in contributing to their success.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience in partnership development and strategic account management makes you the perfect fit for the role. Keep it concise but impactful—highlight your achievements and how they relate to the job.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Good luck!
We think you need these skills to ace Executive Director, Strategic Deals & Partnerships in Maidenhead
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in strategic partnerships and deal management. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, include examples of how you've interpreted complex data to drive commercial strategies. We love seeing candidates who can turn numbers into actionable insights!
Highlight Teamwork and Leadership: This position involves leading cross-functional teams, so be sure to mention your experience in managing diverse groups. We’re looking for someone who can inspire collaboration and influence stakeholders across various functions.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to keep track of your application and ensure it gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Fortrea
✨Know Your Stuff
Before the interview, dive deep into the company’s mission and values, especially how they relate to biopharma partnerships. Familiarise yourself with their recent projects and strategic goals. This will help you tailor your responses and show that you're genuinely interested in the role.
✨Showcase Your Leadership Skills
As an Executive Director, you'll need to demonstrate strong leadership capabilities. Prepare examples of how you've successfully led cross-functional teams in the past, particularly in complex deal structures. Highlight your ability to influence stakeholders and drive results.
✨Master the Art of Negotiation
Since negotiation is key in this role, be ready to discuss your experience with Master Service Agreements and pricing strategies. Think of specific instances where you’ve navigated tough negotiations and what the outcomes were. This will showcase your expertise and confidence.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and strategic thinking. Practice articulating how you would approach various challenges related to partnership development and client engagement. This will help you think on your feet during the interview.