Business Development Manager in London

Business Development Manager
HYBRID / LOCATION (1 - 2 days/week in the office)
SALARY:

Times Higher Education is the data provider underpinning university excellence in every continent across the world.

As the company behind the world’s most influential university ranking, and with almost five decades of experience as a source of analysis and insight on higher education, we have unparalleled expertise on the trends underpinning university performance globally.

Our data and benchmarking tools are used by many of the world’s most prestigious universities to help them achieve their strategic goals and our events series act as the home of higher education thought leadership around the world.

About the role

The Business Development Manager is responsible for generating and converting new business opportunities within defined territories and target institutions – expanding the breadth of universities THE are able to support via their data & analytics, marketing, recruitment and events solutions.

The role is focused on proactive prospecting, opportunity creation, stakeholder engagement and revenue generation from new customers and previously unexplored relationships.

This is a scale role: BDMs drive new business across a large number of institutions in their territory, while still engaging senior leadership stakeholders and hand newly engaged institutions to Account Management for impactful delivery as well as retention and future growth.

Key Responsibilities

• Prospecting & pipeline
• Execute structured outbound sales activity across target institutions, generating opportunities through phone, email, Linked In, events and referrals.
• Build and maintain a healthy pipeline of qualified opportunities.
• Work closely with Marketing on campaign follow-up and lead conversion.
• Stakeholder mapping & discovery
• Identify decision makers, influencers and users within target institutions, and map buying committees and procurement processes.
• Conduct discovery meetings and qualification calls.
• Proposals & closing
• Present THE solutions aligned to customer needs and objectives, and develop proposals and commercial recommendations.
• Negotiate and close new business within agreed commercial guidelines.
• Market insight
• Execute the regional go-to-market plan, including new segments and geographies agreed with the Business Development Director.
• Record competitive intelligence and complete win/loss reviews on closed deals.
• Records & handover
• Maintain accurate stakeholder data within the CRM.
• Qualify new opportunities within 2 business days of first contact and log discovery in the CRM.
• Route bespoke or high-value deals through the Deal Desk for approval, bringing delivery specialists into pre sale where needed.
• Mark deals Closed-Won and log contract value and dates within 24 hours of contract, then hand over to Account Management with a strong brief.

Skills & Experience

• Experience in B2B new business sales, ideally within a Saa S, data or information business.
• A track record of hitting new business targets and building pipeline from outbound activity across a high volume of institutions.
• Strong multi-channel prospecting skills, including Linked In Sales Navigator and sales engagement tools.
• Familiar with qualification frameworks (e. g. BANT).
• Confident Salesforce user.
• Interest in higher education; understanding of university procurement is an advantage.
• Strong communication and presentation skills.
• Additional languages are an advantage for international territories; willingness to travel.

You do You
You do You.

With colleagues located around the world, we know that our individuality and diversity of experiences are our greatest strengths.

That’s why we want THE to be a place where you are welcome to be who you want to be at work; where you can share whatever part of your life or self-identity you want, without obligation or facing discrimination; and where all abilities and perspectives are recognised and accommodated.