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Business Development Executive, International Markets

About Us:

Hippocratic AI is developing the first safety-focused Large Language Model (LLM) for healthcare. Our mission is to dramatically improve healthcare accessibility and outcomes by bringing deep healthcare expertise to every person. No other technology has the potential for this level of global impact on health.

Why Join Our Team:

  • Innovative mission: We are creating a safe, healthcare-focused LLM that can transform health outcomes on a global scale.

  • Visionary leadership: Hippocratic AI was co-founded by CEO Munjal Shah alongside physicians, hospital administrators, healthcare professionals, and AI researchers from top institutions, including El Camino Health, Johns Hopkins, Washington University in St. Louis, Stanford, Google, Meta, Microsoft, and NVIDIA.

  • Strategic investors: Raised $137 million from top investors, including General Catalyst, Andreessen Horowitz, Premji Invest, SV Angel, NVentures (Nvidia Venture Capital), and Greycroft.

  • Team and expertise: We are working with top experts in healthcare and artificial intelligence to ensure the safety and efficacy of our technology.

For more information, visit www.HippocraticAI.com.

We value in-person teamwork and believe the best ideas happen together. Our team is expected to be in the office five days a week in Palo Alto, CA, unless explicitly noted otherwise in the job description.

About the Role:

As the Business Development Executive for International Markets at Hippocratic AI, you will play a crucial role in driving growth and forging strategic partnerships with international healthcare clients. Drawing upon your established network and deep understanding of healthcare industry opportunities, you will lead initiatives to establish Hippocratic AI as a trusted partner for healthcare partners, seeking innovative solutions to enhance value and improve outcomes. This position offers a unique opportunity to shape the future of AI-driven healthcare within the Ministry of Health, public hospitals, and private healthcare institutions and make a meaningful impact on patient outcomes.

Responsibilities:

  • Develop and execute a comprehensive business development strategy to drive the adoption of Hippocratic AI solutions within the international healthcare sector.

  • Cultivate and expand relationships with key stakeholders, including MOH leaders, senior hospital executives, IT, physicians, and nurses, to identify partnership opportunities and drive the adoption of AI-driven solutions.

  • Collaborate with cross-functional teams to tailor Hippocratic AI's offerings to meet the unique needs and challenges of the international healthcare sector, ensuring alignment with their strategic objectives.

  • Lead negotiations and contract discussions with client partners, ensuring mutually beneficial agreements that support long-term partnerships and drive value for both parties.

  • Stay informed about international healthcare trends, regulations, and initiatives, providing insights and recommendations to inform strategic decision-making.

  • Represent Hippocratic AI at international healthcare conferences, meetings, and events, serving as a trusted advisor and advocate for our company and products.

Must-Haves:

  • Bachelor's degree in business, public administration, healthcare, or related field.

  • 10+ years of experience in business development, sales, or strategic partnerships within the international healthcare sector, with a proven track record of success in driving revenue growth and forging key relationships.

  • Established network and relationships within the international healthcare sector, including with executives, decision-makers, and key stakeholders.

  • Deep understanding of pharma industry trends, regulations, and initiatives.

  • Strong negotiation and communication skills, with the ability to articulate value propositions and influence decision-making within government organizations.

  • Strategic thinker with the ability to develop and execute complex business development initiatives, driving results in a fast-paced, dynamic pharma industry.

Nice-to-Haves:

  • MBA or advanced degree.

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CEO of Hippocratic AI
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Munjal Shah
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What You Should Know About Business Development Executive, International Markets, Hippocratic AI

At Hippocratic AI, based in the vibrant city of Palo Alto, we are on a mission to transform healthcare with our groundbreaking safety-focused Large Language Model (LLM). As the Business Development Executive for International Markets, you will play a pivotal role in driving our growth by forging strategic partnerships within the international healthcare sector. With your expansive network and profound understanding of industry opportunities, you will champion Hippocratic AI as a trusted ally to healthcare clients around the world. By developing and executing a comprehensive business strategy, you will engage with key stakeholders like Ministry of Health leaders and senior hospital executives to foster innovative solutions that enhance healthcare accessibility and improve patient outcomes. This role offers the unique chance to shape AI-driven healthcare solutions, influencing the future for public and private healthcare institutions alike. You'll collaborate with cross-functional teams to tailor our offerings, lead negotiations, and represent Hippocratic AI at international conferences, serving as a key advocate for our mission. We believe in the power of teamwork and value in-person collaboration, ensuring that every idea is shared and developed together. Join us in our thrilling journey to harness deep healthcare expertise and enhance the value of AI in global health.

Frequently Asked Questions (FAQs) for Business Development Executive, International Markets Role at Hippocratic AI
What responsibilities does a Business Development Executive at Hippocratic AI have?

As a Business Development Executive at Hippocratic AI, your key responsibilities include developing and executing a business development strategy for the international healthcare sector, cultivating relationships with stakeholders, leading negotiations, and representing the company at international conferences. Your focus will be on driving the adoption of AI-driven solutions that enhance patient outcomes.

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What qualifications are required for the Business Development Executive position at Hippocratic AI?

To qualify for the Business Development Executive position at Hippocratic AI, candidates should possess a bachelor's degree in business, public administration, or healthcare, alongside 10+ years of experience in business development within the international healthcare sector. Deep industry knowledge, strong negotiation skills, and an established network are crucial for success in this role.

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What kind of experience is beneficial for a Business Development Executive in the healthcare sector?

Experience in business development, sales, or strategic partnerships within the international healthcare sector is vital for a Business Development Executive at Hippocratic AI. A proven track record of success with senior hospital executives and healthcare decision-makers, as well as an understanding of pharma industry trends and regulations, will set candidates apart.

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How does Hippocratic AI foster teamwork among its employees?

Hippocratic AI prioritizes in-person teamwork in our Palo Alto office, believing collaboration leads to the best ideas. We encourage our team to engage with one another daily, allowing for an environment where innovation thrives and collective problem-solving is emphasized.

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What role does international travel play for a Business Development Executive at Hippocratic AI?

International travel is a significant part of the Business Development Executive role at Hippocratic AI. You will represent the company at international healthcare conferences, meetings, and events, showcasing our products and advocating for our mission to enhance healthcare through innovative AI solutions.

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Common Interview Questions for Business Development Executive, International Markets
Can you describe your experience in developing business strategies in the healthcare sector?

When answering this question, highlight specific instances where you crafted and executed business strategies. Focus on the outcomes and how your approach led to new partnerships or revenue growth, demonstrating your understanding of the healthcare landscape.

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How do you approach building relationships with key stakeholders in healthcare?

In your response, elaborate on your relationship-building techniques. Discuss how you identify stakeholders, establish trust, and maintain ongoing communication. You may want to share specific examples of successful partnerships you've developed.

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What are the biggest challenges you’ve faced in business development, and how did you overcome them?

Reflect on a significant challenge that tested your skills in negotiation or relationship management. Describe the situation, your thought process, and the steps you took to turn it into a positive outcome, emphasizing your strategic thinking.

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What do you understand about the regulatory landscape in international healthcare?

Use this question to demonstrate your knowledge of healthcare regulations and trends. Discuss how staying informed about local regulations can impact business development strategies and the importance of compliance in fostering trust with partners.

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How do you ensure your business development initiatives align with the needs of healthcare institutions?

Discuss your methods for understanding the unique challenges healthcare institutions face. Emphasize the importance of collaboration, research, and feedback from stakeholders to tailor solutions effectively.

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Can you give an example of a successful negotiation and what tactics you used?

Identify a specific negotiation scenario where your tactics led to a mutually beneficial agreement. Highlight the techniques you used, such as active listening or strategic concessions, and explain how this success impacted your organization.

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Why do you want to work at Hippocratic AI?

Craft your answer to connect your personal values and professional aspirations to Hippocratic AI’s mission. Discuss the exciting potential that AI holds in healthcare and how your background aligns with the company's goals for improving outcomes.

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Describe your experience working with cross-functional teams.

In your answer, detail instances where you collaborated with different departments within a healthcare organization. Highlight the benefits of diverse perspectives and teamwork, and how you contributed to reaching shared goals.

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How do you keep up with the latest trends in AI and healthcare?

Discuss the various sources you utilize, such as industry publications, conferences, and professional networks, to stay up-to-date. This not only shows your commitment to continuous learning but also equips you with valuable insights that can benefit Hippocratic AI.

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What role do you think AI will play in the future of healthcare?

Share your vision for the future of healthcare, emphasizing the transformative potential of AI. Discuss how you believe AI can improve accessibility, enhance patient outcomes, and innovate traditional healthcare practices.

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Hippocratic AI is building a safety-focused large language model (LLM) for the healthcare industry. We believe that generative AI has the potential to massively increase healthcare access the world over but has to be built and tested responsibly. ...

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Full-time, on-site
DATE POSTED
December 15, 2024

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