Business Development Executive – Life Science Industry

22 Minutes ago • 10 Years +
Business Development

Job Description

ISG is seeking a dynamic Business Development Executive for the Life Science Industry in the Americas region. This role involves executing business development activities, actively selling ISG’s services to new prospects, and managing existing clients to drive revenue and margin growth. The successful candidate will have individual sales and revenue targets, requiring a proven ability to sell professional services, including digital consulting, automation, and sourcing offerings, to senior management. The position also demands generating industry visibility through speaking engagements and writing.
Good To Have:
  • MBA or other advanced degree(s) desirable.
  • High energy, empathic, transparent, consultative, hungry to succeed, strong commercial skills, strong domain knowledge, and a strong personal contact network.
Must Have:
  • Execute business development activities in the Americas region, selling ISG’s services to Life Science prospects.
  • Manage existing Life Science clients to drive revenue and margin growth and expand the ISG portfolio.
  • Meet/exceed annual sales, revenue, and pipeline building quotas.
  • Identify, qualify, manage, and close opportunities in new and targeted existing accounts.
  • Create and manage a robust pipeline of qualified new business opportunities.
  • Demonstrate strong business management including market calling, prospect selection, activity tracking, and reporting.
  • Possess rich and deep Life Science industry experience.
  • Have 10+ years of industry experience in strategic/targeted account sales, managing global clients, and selling large consulting/professional services engagements.
  • Extensive experience landing new business with new prospects.
  • Possess an extensive existing network of Life Science contacts.
  • Be an effective team-seller, able to collaborate with ISG SMEs and leadership.
  • Understand and communicate the unique value proposition for each ISG service and solution.
  • Deep understanding of factors impacting the Life Science industry.
  • Strong listening and consultative problem-solving skills.
  • Best in class executive “C” level sales & communications skills.
  • Creative and strategic thinking with the ability to create and execute effective account plans.
  • Proven communications skills for both writing, speaking, and presentation.
  • Demonstrate strong knowledge with MS-Office suite applications.
  • Hold a Bachelor of Arts or Science degree in a technical or scientific field.

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Description

Business Development Executive – Life Science Industry

Wanted: dynamic and creative individuals ready to connect with a like-minded team. You’ll enjoy all the autonomy you need to help our clients make their digital infrastructure faster and more effective. Free reign for free spirits doesn’t mean you’ve got to go it alone. Over 1400 teammates from around the globe are eager to help you out when things get down to wire. Their expertise will put you on the winning path and keep you there. So get ready to kickstart your career with a team that’s connected – connected by freedom.

Position Overview

ISG is a leading technology research and advisory services firm supporting private and public sector organizations to transform and optimize their enterprises through consulting with a focus on digital business transformation, operational excellence and automation.

Our Life Science vertical supports the world's leading Pharma, Medical Device , Medical Products Distribution and Contract Research Organizations by helping them optimize their internal operations, modernize their legacy environments via digital transformation, design the right technology ecosystem and meet ever-increasing customer expectations whilst ensuring regulatory compliance and control.

As an integral part of the Life Science team, the candidate will have a bifurcated set of responsibilities.

  • Executing business development activities in the Americas region by actively selling ISG’s range of services and capabilities to prospects within the Life Science industry.
  • Actively managing a small number of existing Life Science clients to drive revenue and margin growth, whilst expanding the ISG portfolio through contact and relationship building

The position carries individual sales and revenue targets.

The role requires a proven ability to sell professional services including digital consulting (enterprise agility, cloud, platform transformation etc.), automation and sourcing offerings to senior management including CIOs, COOs, CDOs’, CFOs, Global Business Services Leaders, CPOs, CHROs and others, and the successful candidate will have a demonstrable track record of achievement.

This role also demands the generation of the Life Science industry visibility by speaking at conferences, events, webcasts, writing articles, blogs, etc. and other sales generating opportunities as required. Whilst support will be available from the existing Life Science team, it is expected that the successful candidate will be able to:

  • Identify sales opportunities with both existing and new clients, across the entire ISG service portfolio
  • Work with Life Science colleagues to develop appropriate solutions
  • Lead and support sales pursuits
  • Close sales

This position reports to the Lead Partner for Life Science Americas.

Responsibilities

  • Meets / exceeds annual sales, revenue and pipeline building performance quotas
  • Actively calls on prospects/clients to identify, qualify, manage and close opportunities in new and targeted existing accounts
  • Creates and manages a robust pipeline of qualified new business opportunities sufficient to meet annual quotas
  • Works closely with Life Science leadership to translate strategic objectives into market-specific messaging and go-to-market efforts
  • Actively supports the development of new ISG offerings and solutions based on industry insight and client / prospect needs
  • Demonstrates strong business management including market calling, prospect selection, activity tracking, and reporting
  • Determines optimal prospect / client contact strategies and develops approaches to achieve stated new business / account goals
  • Provides market expertise and direction to ISG’s Events & Marketing teams to maximize lead generation and professionally manage follow-up
  • Increases Life Science leadership visibility through speaking engagements, writing articles etc.
  • Applies expertise to sales process management, contact management and organizational effectiveness
  • Participates in service & technology provider dialogues for lead generation
  • Regularly updates sales pipeline system(s) for reporting purposes

Required Skillsets

  • Travel 50% likely and required
  • Rich and deep Life Science industry experience
  • Successful and demonstrable experience carrying and meeting an annual sales and revenue quota for personal production
  • 10+ years of industry experience working in a strategic/targeted account sales environment managing “global” Clients and selling large consulting /professional services engagements.
  • Extensive experience landing new business with new prospects to grow the Life Science client and revenue bases
  • Extensive existing network of Life Science contacts and potential clients to be leveraged by ISG in this new role
  • High energy and level of professionalism in working in the market and building and cultivating relationships
  • Effective team-seller, who can collaborate and orchestrate the roles of ISG SMEs and leadership in a sales pursuit
  • Able to understand and communicate the unique value proposition for each ISG service and solution
  • Able to align client & ISG strategic objectives as well as ISG integrated offerings to help achieve client’s business goals
  • Deep understanding of factors impacting the Life Science industry and how ISG can help address the client’s associated business imperatives
  • Strong listening and consultative problem-solving skills with an ability to visualize and shape large integrated offerings from ISG
  • Best in class executive “C” level sales & communications skills. Able to converse in business value terminology and appreciate the nuances between the Life Science sub-domains (life science, pharma, medical devise , medical products, distribution and contract research and contract manufacturing etc.)
  • Creative and strategic thinking with the ability to create and execute effective account plans, as well as plans to bring in new logos
  • Effective leadership skills with demonstrable sharing of best practices
  • Sincere integrity and ethics which build trustworthy relationships internally and externally with an unspoken commitment to follow-up and follow through
  • Proven communications skills for both writing, speaking and presentation
  • Ability to convey a professional, polished image and the highest of professional ethics while maintaining a strong company attitude
  • Key traits and characteristics include high energy, empathic, transparent, consultative, hungry to succeed, strong commercial skills, strong domain knowledge and a strong personal contact network
  • Demonstrates strong knowledge with MS-Office suite of software applications and tools, including Microsoft Word, PowerPoint, and Project, MS-Outlook.

Education

  • Bachelor of Arts or Science degree in a technical or scientific field
  • MBA or other advanced degree(s) desirable

At ISG, we don’t just accept difference — we celebrate it, we support it, and we thrive on it for the benefit of our employees, our clients, and our communities. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. ISG is proud to be an equal opportunity workplace and we are committed to creating an inclusive environment for all employees. The more diverse and inclusive we are, the better our work will be.

The duties and responsibilities described in this job description may not be a comprehensive list. Additional tasks may be assigned to the employee from time to time and/or the scope of the job may change as necessitated by business demands.

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