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For Companies At a Glance
- Tasks: Lead negotiations and optimise contracts in a dynamic healthcare environment.
- Company: Join King Edward VII's Hospital, a respected independent hospital in London.
- Benefits: Enjoy competitive salary, 35 days leave, and ongoing professional development.
- Why this job: Make a real impact on patient care while advancing your career.
- Qualifications: Strong negotiation skills and financial acumen required.
- Other info: Hybrid working available with a focus on inclusivity and diversity.
The predicted salary is between 43200 - 72000 £ per year.
Salary: Competitive (dependent on experience) + Benefits
Hours of Work: 37.5 - Hybrid working available
Contract Type: Permanent
Department: Finance
Reports To: Head of Finance
About Us
King Edward VII’s Hospital is a respected, leading independent hospital in London, dedicated to delivering exceptional patient care supported by strong commercial performance. Our commitment to innovation, integrity, and compassion drives everything we do. As we continue to grow and evolve in a competitive healthcare landscape, we are seeking a commercially astute and skilled Commercial Manager to oversee our private medical insurer (PMI) agreements, service-level agreements (SLAs), and commercial contracts.
The Role
- Build excellent working relationships across our PMI network.
- Lead the negotiation, renewal, and optimisation of PMI contracts.
- Oversee the commercial elements of SLAs and third-party contracts.
- Ensure all agreements are compliant, deliver value, and support strategic growth.
- Develop and maintain a commercial performance dashboard to track key KPIs.
- Provide regular reporting and commercial insights to senior leadership.
What We’re Looking For:
- A strategic thinker with a hands-on approach and a deep understanding of commercial operations in healthcare or a similar regulated environment.
- Strong negotiation skills and the ability to manage high-value contracts.
- Excellent financial acumen with the ability to interpret and report on complex data.
- Leadership behaviours aligned to our hospital values.
- Advanced Excel and business analytics skills.
- Exceptional communication, organisation, and stakeholder management.
In Return, We Offer:
- Complimentary lunch
- 35 days of annual leave (inclusive of bank holidays), increasing with service
- Company pension scheme
- Ongoing training and professional development opportunities
- Season ticket loan
- Help to buy a bike (Cycle to Work scheme)
- Free Employee Assistance Programme
- Access to My Staff Shop and various retail discount vouchers
How to Apply
If you are a commercially minded contracts professional ready to make a difference in a leading independent hospital, we’d love to hear from you. Please send your CV and cover letter to Recruitment@kingedwardvii.co.uk
Please note: We aim to respond to all applicants within two weeks. If you haven’t heard from us by then, we regret to inform you that, on this occasion, your application was not successful.
At King Edward VII’s Hospital, we believe in creating an inclusive and diverse workplace where everyone feels respected and valued. We are committed to creating a workplace that is welcoming and inclusive to everyone, regardless of their race, ethnicity, gender identity, sexual orientation, age, religion, or any other characteristic that makes them unique. We believe that by embracing diversity and fostering inclusion, we will create a workplace that is stronger, more innovative, and more successful.
Commercial Manager in London employer: King Edward VII's Hospital
Contact Detail:
King Edward VII's Hospital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Manager in London
✨Tip Number 1
Network like a pro! Reach out to people in your industry, especially those connected to King Edward VII's Hospital. A friendly message on LinkedIn can go a long way in getting your foot in the door.
✨Tip Number 2
Prepare for the interview by researching the hospital’s values and recent developments. Show us that you’re not just another candidate but someone who genuinely cares about their mission and can contribute to their growth.
✨Tip Number 3
Practice your negotiation skills! As a Commercial Manager, you’ll need to demonstrate your ability to handle high-value contracts. Role-play with a friend or use online resources to sharpen those skills before the big day.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email reiterating your interest in the role can keep you top of mind. Plus, it shows us that you’re proactive and enthusiastic about the opportunity.
We think you need these skills to ace Commercial Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Manager role. Highlight your experience with PMI agreements and contract negotiations, as these are key aspects of the job. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for King Edward VII's Hospital. Share specific examples of your achievements in commercial operations and how they relate to our values.
Showcase Your Financial Acumen: Since this role requires strong financial skills, make sure to include any relevant experience you have with interpreting complex data and reporting on KPIs. We love seeing candidates who can demonstrate their analytical prowess!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you're genuinely interested in joining our team!
How to prepare for a job interview at King Edward VII's Hospital
✨Know Your Numbers
As a Commercial Manager, you'll need to demonstrate strong financial acumen. Brush up on key financial metrics and be ready to discuss how you've used data to drive decisions in previous roles. This will show your potential employer that you can interpret complex data effectively.
✨Master the Art of Negotiation
Negotiation skills are crucial for this role. Prepare by reviewing past contracts you've negotiated and think about the strategies you used. Be ready to share specific examples during the interview to showcase your ability to manage high-value contracts successfully.
✨Build Rapport with Stakeholders
Excellent communication and stakeholder management are key. Before the interview, think about how you can build relationships across different teams. Prepare examples of how you've successfully collaborated with various stakeholders in the past to achieve common goals.
✨Align with Company Values
King Edward VII’s Hospital values innovation, integrity, and compassion. Research these values and think about how your personal values align with them. Be prepared to discuss how you embody these principles in your work, as cultural fit is just as important as skills.
