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For Companies At a Glance
- Tasks: Lead business development efforts and build strong client relationships to drive revenue growth.
- Company: Join Precision Value & Health, a leader in empowering patient access to life-changing medicines.
- Benefits: Enjoy remote work flexibility and opportunities for travel to exciting conferences.
- Why this job: Be part of a dynamic team that combines data with empathy to make a real impact.
- Qualifications: 12+ years in business development with a strong track record in the pharmaceutical industry.
- Other info: This role requires travel up to 50% and offers a chance to represent the company at major events.
The predicted salary is between 43200 - 72000 £ per year.
Due to our growth, we have an exciting opportunity for a Vice President, Business Development based in the UK to join Precision AQ International. The Vice President, Business Development is responsible for generating fresh new business and playing a hunter role in acquiring new clients. This role focuses on identifying high-value opportunities, building strong client relationships, and driving revenue growth. The VP will work in close collaboration with the business development team, manage client opportunities, and promote the company's capabilities through various lead generation activities. This position reports to the SVP Strategic Business Development.
Key Responsibilities
- Business Development: Develop and execute annual strategic business plans to drive new revenue and sales growth. Engage with life science clients to create and cultivate new relationships. Actively manage the client sales cycle, including prospecting, solution development, and successful transition to implementation. Promote company capabilities through conferences, trade shows, webinars, etc.
- Client Relationship Management: Establish and maintain relationships with clients, especially at the senior executive level. Leverage these relationships to generate new business opportunities and drive revenue growth. Manage client opportunities from prospecting to successful transition to the respective practice areas.
- Market Research and Analysis: Work with the Sales Operations team to inform and direct market research to identify trends, competitive landscape, and potential opportunities. Contribute to pricing and competitive positioning for services. Track competitors and analyse competitive threats.
- Team Efforts: Work directly with the business development, client services, and marketing teams to ensure seamless execution of new business proposals and delivery of pitch presentations.
- Other Responsibilities: Travel up to 50% as required. Represent the company at conferences and trade shows. Undertake any duties as may be required from time to time that can reasonably be regarded as within the remit of the post. Aware of and conform to legal requirements in all activities, both internal and external.
Qualifications
- Bachelor's degree in business, marketing, life sciences, or related field.
- 12+ years of experience in business development, sales, or account-facing roles.
- Successful track record in driving revenue growth and achieving business results for international and global pharmaceutical accounts.
- Expertise in consultative, insight-focused account-based selling approach.
- Exceptional presentation skills.
- Strong analytical skills and ability to use data to drive decision-making.
VP Strategic Business Development employer: Precision Value & Health
Contact Detail:
Precision Value & Health Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP Strategic Business Development
✨Tip Number 1
Network strategically within the life sciences sector. Attend industry conferences and webinars where you can meet potential clients and other professionals in business development. Building these connections can lead to valuable opportunities and insights that will help you stand out.
✨Tip Number 2
Familiarise yourself with Precision Value & Health's services and recent projects. Understanding our capabilities will allow you to tailor your conversations and demonstrate how you can contribute to our growth and client relationships effectively.
✨Tip Number 3
Showcase your analytical skills by staying updated on market trends and competitor activities. Being able to discuss these insights during interviews will highlight your proactive approach and strategic thinking, which are crucial for the VP role.
✨Tip Number 4
Prepare to discuss your past successes in driving revenue growth. Be ready to share specific examples of how you've built client relationships and managed sales cycles, as this will demonstrate your fit for the role and your ability to deliver results.
We think you need these skills to ace VP Strategic Business Development
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly in the life sciences sector. Emphasise your track record of driving revenue growth and managing client relationships.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Precision Value & Health's mission and how your skills align with the VP role. Mention specific achievements that demonstrate your ability to generate new business and build client relationships.
Highlight Leadership Experience: Since this is a senior position, be sure to include examples of your leadership experience. Discuss how you've led teams or projects in the past, particularly in a business development context.
Showcase Analytical Skills: Given the emphasis on market research and analysis in the job description, provide examples of how you've used data to inform business decisions. This could include successful strategies you've implemented based on market trends.
How to prepare for a job interview at Precision Value & Health
✨Research the Company and Industry
Before your interview, make sure to thoroughly research Precision Value & Health and the life sciences industry. Understand their services, recent developments, and how they position themselves in the market. This knowledge will help you tailor your responses and demonstrate your genuine interest in the role.
✨Prepare for Behavioural Questions
Expect questions that assess your past experiences and how they relate to the VP role. Use the STAR method (Situation, Task, Action, Result) to structure your answers, focusing on your achievements in business development and client relationship management.
✨Showcase Your Analytical Skills
Given the emphasis on market research and analysis in the job description, be prepared to discuss how you've used data to drive decision-making in previous roles. Bring examples of how your analytical skills have led to successful outcomes in business development.
✨Demonstrate Leadership and Team Collaboration
As a VP, you'll need to work closely with various teams. Be ready to share examples of how you've successfully led teams or collaborated across departments to achieve business goals. Highlight your ability to foster strong relationships and drive team efforts towards common objectives.
