At a Glance
- Tasks: Lead business development projects and negotiate deals to advance life-changing scientific innovations.
- Company: LifeArc, a not-for-profit organisation transforming rare diseases and global health.
- Benefits: Flexible benefits, 31 days annual leave, private health insurance, and a generous pension scheme.
- Other info: Join a diverse team committed to making a difference in healthcare.
- Why this job: Make a real impact on patients' lives while growing in an inclusive and innovative environment.
- Qualifications: Experience in business development within pharma or biotech and strong negotiation skills.
The predicted salary is between 60000 - 80000 £ per year.
Location: London or Edinburgh
Job Type: Full-time, 12 months rolling contract
Are you passionate about making life science life changing and delivering impact for patients? We want to hear from you.
About the role
As Senior Business Development Manager, you will work as part of the Commercial Team to lead on the negotiation and execution of deals. Working in collaboration with the preclinical, clinical and ecosystem pillars, you will lead on the implementation of their strategies and contribute to the delivery of LifeArc Commercial Strategy. The role will include the identification and scoping of a range of collaboration and partnership opportunities with external partners as well as working with colleagues internally to diligence potential partners and opportunities.
Key responsibilities
- Lead or contribute to deal‑related projects within LifeArc, business partnering with scientific and corporate functions, to explore and build business cases of opportunities to collaborate, fund, or use other mechanisms to advance scientific innovation towards benefit for patients.
- Lead or contribute to negotiation of term sheets for prioritised opportunities and, with Legal, negotiate contracts according to LifeArc needs and requirements, managing all stakeholders and governance processes as appropriate.
- Contribute to deal structure and negotiations through coordination of cross‑functional due diligence and development of robust, insight‑led business cases, including scenario planning and risk assessment for governance review.
- Contribute to the delivery of LifeArc’s revenue generation strategy.
- Represent LifeArc externally to attract and seek out collaborators and partners to advance LifeArc’s strategy.
- Drive external networking to build awareness of LifeArc’s areas of focus, always acting as an ambassador for LifeArc strategy to external community.
- Build relationships within key organisations to assess potential partnership opportunities.
- Provide BD input into internal projects and initiatives, bringing external insight and driving evaluation of new opportunities and key decisions in support of strategy.
Essential experience required
- Previous experience in business development in pharma or biotech environment preferred.
- Experience leading negotiations and contracting.
- Experience communicating verbally and in writing to drive senior level decision making.
- Experience representing organisation externally, networking and building relationships in support of strategic goals.
Education
Master’s degree or more advanced studies in life sciences, but relevant business degree will also be considered.
About us
LifeArc is a not-for-profit life science organisation, leading the way for change in rare diseases in the UK and supporting promising initiatives in global health. We seek out research in areas of unmet need that has great potential, providing support to help it become breakthroughs that change lives.
What we can offer you
Focused on finding life changing solutions for underserved patients, our people thrive in an inclusive, and supportive environment that prioritises their health and wellbeing. Our multidisciplinary approach guarantees our people growth opportunities, while our culture of innovation and collaboration drives the impact we make delivering on our purpose of ‘putting patients at the centre of everything we do’.
LifeArc is committed to making our recruitment practices as inclusive as possible and developing a culture that values differences. As a Disability Confident Employer, we guarantee an interview to candidates with a disability or long‑term health condition who meet the essential criteria for the role. Please note that in certain situations, such as high volumes of applications, it may not be practical to interview all eligible candidates. In these cases, we may need to select those who best meet the essential criteria.
Salary will be determined by qualifications and experience along with other exceptional benefits. Because we understand everyone has different requirements, our flexible benefits allow you to choose those which are important to you. Our pension scheme offers employer contributions of up to 12%, private health insurance, and annual leave of 31 days PLUS bank holidays.
Don’t meet every single requirement? Studies have shown that women and people from minority ethnic backgrounds, for example, are less likely to apply to jobs unless they meet every single qualification. At LifeArc we are dedicated to building a diverse, inclusive, and authentic workplace, so whatever your background or lived experience, if you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. Our top priority is finding the best candidate, and you may be just right for this or other roles. We all have potential. At LifeArc, you’ll discover what you can really do with it.
Senior Business Development Manager - Maternity Cover - 12 month contract employer: LifeArc
LifeArc is an exceptional employer dedicated to making a meaningful impact in the life sciences sector, particularly in rare diseases and global health. With a strong focus on employee wellbeing, our inclusive culture fosters collaboration and innovation, providing ample growth opportunities for our team members. Located in vibrant cities like London and Edinburgh, we offer competitive benefits including a generous pension scheme, private health insurance, and 31 days of annual leave, ensuring that our employees thrive both personally and professionally.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Business Development Manager - Maternity Cover - 12 month contract
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We think you need these skills to ace Senior Business Development Manager - Maternity Cover - 12 month contract
Some tips for your application 🫡
Show Off Your Data Skills:In business intelligence, it's crucial to highlight your analytical skills and experience with data tools. Make sure your CV showcases any relevant software you’ve used, like SQL, Tableau, or Power BI. Add specific examples of how you've used data to drive insights or improvements in previous roles, even if they were in academic projects or internships.
Keep it Concise and Impactful:For a temporary role like this, hiring managers often have limited time to sift through applications. Get straight to the point in your CV and cover letter. Use bullet points for your achievements, showcasing the impact you've made, like percentage increases in efficiency or specific results from your analyses.
Flexibility is Key:Since this is a temporary position, make sure to emphasise your adaptability. Mention your quick learning abilities and experiences where you adapted to new tools or processes rapidly. This will show that you can jump in and start contributing effectively from day one at LifeArc.
Craft a Tailored Motivation Statement:In your cover letter, focus on why you’re excited about this temporary role at LifeArc. Talk about your interest in business intelligence and how this position aligns with your career goals. Remember, it’s not just about what you can offer, but why you’re passionate about becoming part of their team, even for a short time!
How to prepare for a job interview at LifeArc
✨Brush Up on Your Data Skills
For a business intelligence role, you'll want to showcase your analytical skills and familiarity with data visualisation tools like Tableau or Power BI. Be ready to tackle technical questions or case studies demonstrating your ability to interpret data and make insightful recommendations.
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Since this is a temporary position, we should highlight any past projects you've worked on in business intelligence. Prepare a portfolio that includes a couple of key pieces where you've effectively utilised data to drive decisions—this will show that you're not just a quick fix but someone who can deliver immediate value.
✨Demonstrate Your Adaptability
Temporary roles often require us to hit the ground running, so be ready to discuss how you quickly adapt to new tools, teams, and environments. Share specific examples from previous experiences where you thrived under pressure or had to learn a new system or process in a short time frame.
✨Have Your Metrics Ready
In business intelligence, quantifying your impact is key. Come prepared to share metrics from your past work: think percentages, growth figures, or efficiency improvements. This will really help us paint a picture of how your contributions directly benefited those previous roles.