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Director or Associate Director of Business Development, Enterprise

Location: Remote or Hybrid, ETS Time Zone Preferable

About Us

We're a pioneering health tech company that is working to revolutionise healthcare. We're all about helping individuals and those who look after them to make better decisions that improve health, particularly for those common diseases that affect most people and take up most of our precious healthcare resources.

 Our secret weapon is genomics - and the unique insight DNA gives us into how our bodies work and sometimes go wrong. We use genomic data to power our tools and platforms, improving every step of the patient pathway. From preventing diseases to improving screening, diagnosing, treatment; and even developing new medicines.

Our vision is a world where everyone benefits from genomics, helping people to live longer, healthier lives.  If that all sounds exciting, join us!

Role:

As a Director/Associate Director of Business Development, Enterprise, you will play a pivotal role in expanding our genetic services across key enterprise sectors, such as life insurers, hospital systems, and employer schemes. This role is focused on driving revenue growth and building strategic partnerships with organisations that are committed to improving the health outcomes of their customers. To succeed, you will need a proactive, consultative sales approach, a deep understanding of the healthcare and employer markets, and a passion for advancing health through genetics and biotechnology.

What You’ll Do:

Sales and Business Development

  • Identify, develop, and close new business opportunities with life insurers, hospital systems, employers, and other enterprise clients.

  • Create tailored value propositions showcasing the impact of genetic services on health improvement and cost-efficiency.

  • Develop and execute sales strategies to achieve and exceed revenue targets.

  • Build and maintain long-term, strategic partnerships with enterprise clients, ensuring recurring revenue opportunities.

Client Relationship Management

  • Cultivate strong relationships with key decision-makers. 

  • Conduct needs assessments to deliver solutions addressing client pain points, such as risk stratification, employee wellness, and preventative care programmes.

  • Act as a trusted advisor to clients, providing expertise on genetics-driven health strategies.

Market Insights and Strategic Collaboration

  • Monitor industry trends and market opportunities in enterprise health initiatives, including developments in insurance products, employer wellness strategies, and hospital system innovation.

  • Provide feedback to internal teams to refine service offerings and support the creation of targeted marketing materials.

Sales Reporting and Pipeline Management

  • Maintain detailed records of sales activities, pipeline progress, and client interactions using the CRM system.

  • Analyse sales performance, report on key metrics, and identify areas for growth.

  • Cross-Functional Collaboration

  • Collaborate with marketing and scientific teams to align go-to-market strategies with client needs.

  • Share market insights and best practices within the BD team to enhance overall sales performance.

Who You Are:

  • A proactive, consultative sales professional with a passion for advancing health through genetics and biotechnology.

  • A strong relationship builder, skilled in engaging with key decision-makers across industries such as insurance, healthcare, and employer wellness.

  • A strategic thinker, capable of identifying market opportunities, closing new business, and tailoring solutions to meet diverse client needs.

  • An effective communicator, adept at collaborating with cross-functional teams to drive success.

Technical / Professional Qualifications:

  • Proven track record in business development, sales, or strategic partnerships within the healthcare, insurance, or biotechnology sectors.

  • Deep understanding of enterprise health markets, including life insurers, hospital systems, and employer wellness initiatives.

  • Excellent negotiation, presentation, and consultative selling skills, with a strong ability to close new business.

  • Strong analytical and CRM system proficiency to track sales metrics and pipeline progress.

  • A degree in life sciences, business, or a related experience

Key Performance Indicators:

  • Revenue growth within life insurers, hospital systems, and employer schemes.

  • Establishment of new strategic partnerships in target markets.

  • High customer retention and satisfaction levels.

So what's in it for you?

  • Salaries: Our salaries are externally benchmarked annually to ensure you receive compensation that aligns with the market.

  • Generous Holiday Allowance: 25 days of annual leave, an additional 3-day company shutdown at the end of the year, plus statutory US holidays. More time for you to unwind and enjoy.

  • Progression: We've got a straightforward and open progression framework that lets you easily see your strengths and areas where you can improve. With this knowledge, you can set personal goals to help you move up the career ladder.

  • Invest in Your Future: Take advantage of our training and development opportunities. From regular training courses, to access to a wide range of L&D materials. We're committed to helping you grow and succeed!

  • Remote Working: Prefer candidates located in Eastern or Central time zone; , the ability to work East Coast hours is Preferable

  • Wellbeing: We've got you covered: Enjoy 401k, medical insurance, a Health Savings Account, dental and vision plans, life/AD&D insurance, and disability coverage. Your well-being matters to us.

  • An inclusive workplace: Genomics wholeheartedly embraces and champions Equity, Diversity and Inclusion (ED&I) initiatives. We foster an inclusive environment through various means, such as our 'All in Club,' a platform where we come together to celebrate, engage in meaningful discussions, and create awareness. Additionally, we offer our 'Bank Your Bank Holiday' program, allowing you to exchange public holidays for dates that hold personal or cultural significance to you. It's our way of ensuring that every member of our community feels valued and included.

Would you like to learn more?  Great, we’d love to chat. Please reach out for more information and to see if this opportunity is right for you!

Genomics is dedicated to creating a diverse environment and is proud to be an equal-opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Genomics politely requests no contact from recruitment agencies. We do not accept speculative CVs from recruitment agencies nor accept the fees associated with them.

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CEO of Genomics
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Peter Donnelly
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Average salary estimate

$110000 / YEARLY (est.)
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$90000K
$130000K

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What You Should Know About Director or Associate Director of Business Development, Enterprise, Genomics

Join us at Genomics as a Director or Associate Director of Business Development, Enterprise, where your expertise will be pivotal in expanding our groundbreaking genetic services across various enterprise sectors such as life insurers and hospital systems. We're a pioneering health tech company based in Boston, committed to revolutionizing healthcare through genomics. Your role will involve identifying, developing, and closing new business opportunities while cultivating relationships with key decision-makers to ensure our genetic services positively impact health outcomes and reduce costs. Leveraging your strong understanding of healthcare and employer markets, you'll create tailored value propositions and execute sales strategies that help achieve our ambitious revenue goals. You'll also monitor industry trends and collaborate with cross-functional teams to align our services with client needs. As an integral part of our mission to improve health through genetics, you'll not only drive business growth but also contribute to a vision of a healthier future for everyone. If you are a proactive, consultative sales professional passionate about genetics and biotechnology, we'd love to hear from you!

Frequently Asked Questions (FAQs) for Director or Associate Director of Business Development, Enterprise Role at Genomics
What does a Director of Business Development at Genomics do?

As a Director of Business Development at Genomics, your primary role involves expanding our genetic services among life insurers, hospital systems, and employer schemes. You'll identify new business opportunities, build strategic partnerships, and create customized value propositions that highlight how our services can enhance health outcomes and optimize costs.

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What qualifications are required for the Associate Director of Business Development at Genomics?

To be considered for the Associate Director of Business Development role at Genomics, candidates should possess a proven track record in business development, especially within healthcare, insurance, or biotechnology sectors. A degree in life sciences, business, or a related field is also expected, alongside excellent negotiation and consultative selling skills.

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How can I excel as a Business Development professional at Genomics?

Excelling as a Business Development professional at Genomics involves demonstrating a proactive and consultative approach in sales, building strong relationships with key decision-makers, and leveraging your understanding of enterprise health markets to tailor solutions that address client-specific needs and pain points.

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What type of companies does Genomics partner with in the Business Development role?

In the Director or Associate Director of Business Development roles, Genomics partners with various companies, particularly focusing on life insurance firms, hospital systems, and organizations that prioritize employee wellness and health improvement through genetic insights.

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What are the primary performance goals for the Director of Business Development at Genomics?

The primary performance goals for the Director of Business Development at Genomics include driving revenue growth among enterprise clients, establishing strategic partnerships in targeted markets, and maintaining high levels of customer satisfaction and retention.

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Is remote work an option for the Director of Business Development role at Genomics?

Yes, the role of Director of Business Development at Genomics offers flexible work arrangements, with options for remote or hybrid working environments. Candidates are preferred to be located in the Eastern or Central time zones to align with our operational hours.

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What kind of company culture can I expect at Genomics?

At Genomics, you can expect a dynamic and inclusive company culture that champions Equity, Diversity, and Inclusion. The company values every team member and promotes community engagement through various initiatives, ensuring a supportive environment for all employees.

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Common Interview Questions for Director or Associate Director of Business Development, Enterprise
How do you approach developing strategic partnerships in business development?

In developing strategic partnerships, I emphasize understanding the partner's goals and pain points. Building trust and demonstrating how our services can provide measurable value to their operations is essential. I prioritize open communication and collaboration to ensure that both parties benefit from the partnership.

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Can you walk us through your experience with consultative selling in healthcare?

Certainly! In my past roles, I've employed a consultative selling approach by first engaging in meaningful conversations with potential clients to assess their specific needs. From there, I tailor solutions that demonstrate how our healthcare solutions address their challenges, ensuring they see the value in what we offer.

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What strategies do you use for pipeline management?

I focus on maintaining a detailed and organized CRM system to track interactions and sales activities closely. Regularly reviewing the pipeline helps identify which stages require attention while analyzing data to forecast performance and adjust strategies accordingly.

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How do you stay updated on market trends in enterprise health initiatives?

I stay updated on market trends by regularly reading industry publications, attending conferences, participating in webinars, and networking with professionals in the field. This continual learning helps me to identify emerging opportunities and adapt strategies effectively.

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Describe a time when you turned around a struggling client relationship.

In a previous role, I had a client whose satisfaction had waned. I initiated a meeting to understand their concerns deeply, worked to address those issues directly, and adapted our offerings to meet their changing needs. This proactive approach not only restored their trust but led to increased business over time.

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What is your experience with data analysis in a sales context?

In my experience, data analysis is crucial in informing sales strategies. I regularly analyze sales metrics to assess performance and identify areas of improvement. By leveraging insights from these analyses, I can make informed decisions on where to concentrate efforts for maximum impact.

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How do you build rapport with key decision-makers?

Building rapport with key decision-makers starts with listening actively to their needs. I make an effort to understand their goals and communicate how our solutions can help them achieve those. Regular check-ins and providing valuable insights without obligation further enhance relationships.

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What are your top strategies for achieving and exceeding revenue targets?

My top strategies include setting clear, measurable objectives, conducting thorough market research to identify opportunities, and establishing a strong pipeline of prospects. Additionally, continuous follow-up and a focus on building long-term relationships keep opportunities alive and promote sustained growth.

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How do you approach tailoring value propositions for different clients?

I begin by conducting thorough needs assessments with each client to understand their unique challenges and goals. From there, I craft customized value propositions that directly address how our services can enhance their specific operations and outcomes, ensuring relevance and appeal.

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What is your experience with cross-functional collaboration?

I have extensive experience collaborating with cross-functional teams, such as marketing, product development, and customer support, to align our go-to-market strategies. Close collaboration ensures we present a unified message to clients while tailoring our offerings to meet their needs effectively.

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Full-time, hybrid
DATE POSTED
November 28, 2024

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