At a Glance
- Tasks: Lead business development by selling innovative software solutions to pharmaceutical companies and CROs.
- Company: Join RxLogix, a global leader in pharmacovigilance solutions dedicated to patient safety and innovation.
- Benefits: Enjoy a competitive salary, collaborative team culture, and opportunities for personal and professional growth.
- Why this job: Be part of a high-performing team that values bold thinkers and drives impactful change in drug safety.
- Qualifications: 5-10 years of sales experience, preferably in pharma or SaaS, with a proven track record of success.
- Other info: Must be located in the UK; travel required up to 30-40%.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
***Candidates must be located in UK (preferably London)**
Company Overview:
RxLogix is a global leader in pharmacovigilance solutions, providing innovative software and expert consulting services. Our team collaborates with Pharmacovigilance and Risk Management professionals to enhance compliance, productivity, and quality across the drug safety value chain.
Dedicated to patient safety and the advancement of medical and scientific research, RxLogix values bold, innovative thinkers. We leverage the latest technologies, including machine learning and artificial intelligence, to set new industry standards.
Recently, the FDA selected RxLogix's PV Surveillance Suite Platform to replace its legacy FAERS signaling system, utilizing our modules for advanced data analytics, signal detection, evaluation, signal management, and benefit-risk assessment.
General Purpose:
- The Director, Business Development will report directly to the Vice President of Global Sales.
- Managing territory by selling directly into pharmaceutical companies and Contract Research Organizations (CROs).
- Build and work the entire sales pipeline from prospecting for new business, to cold-calling, to getting client meetings, to closing business.
- Candidate should have a hunger for personal and company success and enjoy working on a high functioning, competitive, and collaborative team.
- Our Sales team is responsible for introducing our suite of solutions, to new customers and driving new business for the company in the US and Europe.
- Previous pharma experience and clinical trials experience is preferred.
- Software Sales Manager will play an important and highly visible role in liaising with key executives in the life sciences industry.
- One of our core values is working as a team, and we expect our sales team to live and breathe team collaboration to ensure the team’s and RxLogix success.
Essential Duties & Responsibilities:
- Penetrate, profile, qualify and schedule well-qualified appointments with key decision makers within targeted US and EU life science companies.
- Cold-call, network, and email a high volume of prospects and sales operations leaders, and utilize resources to build and maintain the sales pipeline.
- Learn and demonstrate a solid understanding of RxLogix technology, and clearly articulate capabilities and advantages to prospective customers to successfully manage and overcome prospect objections.
- Comprehensively introduce and explain our solutions via web meetings.
- Effectively position and liaise with prospects ranging from end-users, to Directors, VP, to the CX level.
- Achieve and exceed monthly sales quotas.
- Work closely with the VP of Global Sales and marketing team members to achieve organizational goals.
- Provide continual input to the sales and marketing organizations to refine positioning and adapt to new market opportunities.
- Generate new business and sales leads through a mixture of cold calling and following up on marketing campaigns and inbound inquiries.
- Work with existing clients to grow their accounts and find referrals.
- Schedule meetings with target accounts.
- Manage inbound leads.
- Make outbound calls to targeted accounts.
- Understand programs and offerings and effectively communicate and apply them to each prospect need.
Minimum Requirements:
- Located in UK
- 5-10 years of direct sales experience with proven achievement of sales targets, along with a track record of successfully selling enterprise software solutions (preferably SaaS).
- Previous experience selling into the pharmaceutical and CRO industry is preferred.
- Previous experience with selling Pharmacovigilance and Drug Safety Software.
- Previous experience presenting online to a wide variety of clients, including senior level executives, and proven success closing the sale.
- Ability to stand up in front of executive and articulate a business case.
- Travel up to 30-40% of the time.
- Customer oriented background required (sales, support, customer service).
- Qualities of cooperation, adaptability, flexibility as changes occur in the department, and maintaining a positive attitude.
- Solid understanding of web, enterprise, and SaaS technologies.
- Willingness to roll up your sleeves and do what it takes to get the job done.
- Ability to change priorities quickly, and the capacity to multi-task.
- Strong interest in technology, and the ability to clearly explain even the most complicated ideas to a non-technical audience.
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Director, Business Development - UK employer: RxLogix Corporation
Contact Detail:
RxLogix Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director, Business Development - UK
✨Tip Number 1
Make sure to leverage your existing network within the pharmaceutical and CRO industries. Reach out to former colleagues or industry contacts who might have insights into RxLogix or can provide introductions to key decision-makers.
✨Tip Number 2
Familiarize yourself with RxLogix's technology and solutions, especially their PV Surveillance Suite Platform. Being able to articulate the advantages of their offerings will set you apart during interviews and discussions with potential clients.
✨Tip Number 3
Prepare for your interviews by practicing how to present a business case effectively. Since you'll be liaising with senior executives, showcasing your ability to communicate complex ideas clearly is crucial.
✨Tip Number 4
Stay updated on the latest trends in pharmacovigilance and drug safety software. This knowledge will not only help you in interviews but also demonstrate your commitment to the field and your understanding of the challenges faced by potential clients.
We think you need these skills to ace Director, Business Development - UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in sales, particularly in the pharmaceutical and CRO industries. Emphasize your achievements in meeting sales targets and any experience with enterprise software solutions.
Craft a Compelling Cover Letter: In your cover letter, express your passion for business development and how your background aligns with RxLogix's mission. Mention specific examples of how you've successfully penetrated new markets or built strong client relationships.
Showcase Your Understanding of Technology: Demonstrate your knowledge of SaaS and pharmacovigilance solutions in your application. Highlight any experience you have with advanced technologies like machine learning and AI, as these are key to RxLogix's offerings.
Prepare for Interviews: If selected for an interview, be ready to discuss your sales strategies and how you would approach building a pipeline at RxLogix. Prepare to articulate your understanding of their technology and how it benefits clients in the life sciences sector.
How to prepare for a job interview at RxLogix Corporation
✨Research RxLogix Thoroughly
Before the interview, make sure to dive deep into understanding RxLogix's products and services, especially their PV Surveillance Suite Platform. Being able to discuss how their technology stands out in the pharmacovigilance space will show your genuine interest and preparedness.
✨Prepare for Sales Scenarios
Be ready to discuss specific sales scenarios from your past experience, particularly in the pharmaceutical and CRO sectors. Highlight your strategies for cold-calling, building relationships, and closing deals, as these are crucial for the Director, Business Development role.
✨Showcase Team Collaboration Skills
Since RxLogix values teamwork, prepare examples that demonstrate your ability to work collaboratively with others. Discuss how you've contributed to team success in previous roles and how you plan to foster collaboration within the sales team.
✨Articulate Your Understanding of Technology
Given the emphasis on technology in this role, be prepared to explain complex software solutions in simple terms. Practice articulating how RxLogix's offerings can benefit potential clients, especially focusing on the advantages of using SaaS in the life sciences industry.