At a Glance
- Tasks: Drive business development in life sciences, engaging top pharmaceutical and medical device companies.
- Company: Join GLG, the leading platform for trusted human expertise in healthcare.
- Benefits: Competitive salary, professional growth, and a collaborative work environment.
- Why this job: Make an impact in the life sciences sector while building valuable client relationships.
- Qualifications: Bachelor's degree in life sciences and 2-5 years of sales experience required.
- Other info: Dynamic role with opportunities for travel and career advancement.
The predicted salary is between 50000 - 70000 ÂŁ per year.
GLG is seeking a tenacious individual to join our Healthcare/Life Sciences team supporting pharmaceutical, medical device, and/or diagnostic clients. The Business Development Manager – Life Sciences is a key client-facing role on GLG’s Corporate Sales team that plays a vital part in GLG's relationships with leading Life Sciences Corporations across EMEA. The Business Development Manager is a hunter role and will be responsible for developing both large and mid-sized partnerships by engaging prospects within top 30 global pharmaceutical, medical device, and diagnostics companies, helping them fully realize the value of GLG's product suite. At GLG you will have both the opportunity to grow professionally and to also work in a collaborative and fast-paced environment.
Specific Responsibilities Include (but Are Not Limited To):
- Support the life sciences business development efforts for key large logos by identifying, developing, and expanding business opportunities.
- Help identify target prospects in priority markets and drive outreach strategy to develop the sales pipeline in existing and new accounts.
- Build and update clear account maps of key accounts detailing key departments and stakeholders.
- Build and maintain strong relationships with prospects/clients and key decision-makers across all seniority levels (i.e. managers, directors, VP, C-level) and functions.
- Develop supporting pitch materials and communicate with prospective clients via email, phone & in-person.
- Prepare and deliver compelling presentations to clients that demonstrate the value of GLG's services.
- Work alongside sales leadership to drive commercial success, develop account plans and engage with clients regularly to articulate the firm’s value proposition and uncover new growth opportunities for GLG product suite.
- Log and track sales pipeline opportunities on CRM, follow all sales related processes, and communicate clear, accurate updates to team and senior management (e.g. KPI reporting).
- Engage regularly with internal cross-functional teams (e.g. marketing, legal, compliance, finance, IT) to align stakeholders and ensure smooth execution of all business development related activities.
- Work closely with GLG project teams to support execution and delivery of research projects, providing guidance and support as needed.
- Collaborate with GLG's research teams to target new areas of opportunity and further develop GLG's service product offering.
- Keep up-to-date with industry news and key client developments across the EMEA region, and use this knowledge to identify potential new business opportunities.
- Organize key internal and external client meetings, including business trip logistics and activities.
- Travel to client sites across EMEA on a regular basis to build long-term client relationships.
An Ideal Candidate Will Have The Following:
- Bachelors degree or above, ideally in a life sciences related field (e.g. biology, chemistry, physics).
- 2-5 years of work experience within a sales (e.g. inside sales, new business development, medical representatives) role in relevant industries such as healthcare (e.g. HealthTech/IT, hospitals) and life sciences (e.g. pharma, medtech, biotech).
- Strong knowledge of the pharmaceutical industry, including understanding of drug development journey, regulatory compliance, and market trends.
- Experience in market research or consulting services.
- Experience in subscription account management roles.
- Proven track record of developing account plans and securing successful renewals.
- Outstanding written and oral communication skills.
- The highest level of integrity and professionalism.
- Demonstrated ability and initiative to handle increasing responsibility over time.
- Proficiency in Microsoft Office, Salesforce and sales support tools (e.g. Groove, SalesLoft).
About GLG / Gerson Lehrman Group: GLG is the world’s leading platform for trusted human expertise. We connect global decision-makers—from hedge fund managers and private equity partners to strategy leaders at Fortune 500s—with the specific, authoritative voices required to answer their most critical questions. At GLG, you are an extension of our clients' core teams. You will work at the intersection of industries and global markets, navigating high-stakes challenges across the full spectrum of their strategic initiatives. Operating within the industry’s most trusted research environment, you’ll help our clients capture the nuanced perspectives that drive smarter, faster business outcomes. We are a global team of pragmatic problem-solvers who mirror the intensity of the markets we serve. If you are driven by intellectual curiosity and a bias toward action, join us in reinventing the industry we invented.
Gerson Lehrman Group, Inc. (“GLG”) is an equal opportunity employer and will not discriminate against any employee or applicant on the basis of age, race, religion, color, marital status, disability, gender, national origin, sexual orientation, veteran status, or any classification protected by federal, state, or local law.
Business Development Manager - Corporate - Life Sciences employer: GLG
Contact Detail:
GLG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager - Corporate - Life Sciences
✨Tip Number 1
Network like a pro! Get out there and connect with people in the life sciences industry. Attend events, join online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. The more connections you make, the better your chances of landing that Business Development Manager role.
✨Tip Number 2
Research is key! Stay updated on the latest trends in the pharmaceutical and medical device sectors. Knowing your stuff will not only impress potential employers but also help you tailor your pitch when you get that all-important interview.
✨Tip Number 3
Practice your pitch! Whether it’s for a presentation or a casual chat, being able to clearly articulate the value of GLG’s services is crucial. Role-play with friends or family to refine your delivery and boost your confidence.
✨Tip Number 4
Apply through our website! We love seeing candidates who are genuinely interested in joining GLG. Make sure to highlight your relevant experience and how you can contribute to our team. Don’t forget to follow up after applying; it shows initiative!
We think you need these skills to ace Business Development Manager - Corporate - Life Sciences
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in sales, especially within life sciences, and showcase any relevant achievements that demonstrate your ability to build relationships and drive business growth.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about the life sciences sector and how your skills align with our needs. Be specific about your experience with pharmaceutical or medical device clients and how you can add value to GLG.
Showcase Your Communication Skills: Since this role involves a lot of client interaction, make sure your written application reflects your outstanding communication skills. Keep your language clear and professional, and don’t forget to proofread for any typos or errors!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re proactive and keen to join our team!
How to prepare for a job interview at GLG
✨Know Your Industry Inside Out
Before the interview, make sure you brush up on your knowledge of the pharmaceutical and life sciences sectors. Understand the latest trends, key players, and challenges in the industry. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Prepare Your Success Stories
Think of specific examples from your past experiences that demonstrate your ability to develop partnerships and drive sales. Use the STAR method (Situation, Task, Action, Result) to structure your responses. This will help you articulate your achievements clearly and effectively during the interview.
✨Master the Art of Relationship Building
Since this role involves engaging with senior decision-makers, practice how you would approach building relationships with them. Be ready to discuss how you’ve successfully navigated similar situations in the past and what strategies you used to maintain those connections.
✨Showcase Your Communication Skills
As a Business Development Manager, strong communication is key. Prepare to demonstrate your written and verbal skills through your pitch materials and during the interview itself. Consider doing mock presentations to friends or family to refine your delivery and ensure you come across as confident and professional.