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Sr. Business Development Director

Sr Business Development Director

Job Overview

Establish and manage an effective business development program to maximize organization growth.  Serve as overall customer relationship manager and strategic business partner responsible for developing and expanding new business opportunities with customers.

Essential Functions

  • Maintain in-depth knowledge of all IQVIA services for appropriate cross-sell opportunities.

  • Actively prospect and leverage potential new business opportunities within specified potential new and/or existing Customers/Accounts.

  • Establish and execute a comprehensive sales plan for each target account.

  • Cultivate strong, long-term relationships with key decision-makers within Account and develop deep knowledge of the customer organization.

  • Actively network in the industry to establish relationships and to identify potential opportunities.

  • Aggressively pursue awareness of competitive activities, positioning and pricing, which includes specific reasons for awards and non-awards.

  • Continuously monitor status of leads and opportunities to ensure a pipeline of opportunities is maintained.

  • Analyze potential opportunities and develop sales strategies for each customer account. Ensure appropriate strategy/solution is proposed to customer.   Monitor actions and results against plans.

  • Establish brand recognition; communicate with internal Project Managers to assess overall level of customer satisfaction and progress of projects.

  • Work with operations and functional managers to identify sales team and prepares and leads the sales presentation. Educate team participants in customer culture, operational needs/methods and sales techniques needed to close the sale.

  • Coordinate with contracts and proposals to develop proposal.

  • Handle follow-up related to the sale and drive completion of contractual documents.

  • Utilize CRM to establish reports and dashboards to analyze business development and sales activities and track progress.

  • Maintain high visibility within customer organization.

  • Plan and coordinate all customer sales activities.

  • Communicate all account activity to Senior Sales Leader and/or appropriate individuals through the CRM system.

  • Lead/participate in change management initiatives for the sales organization.

  • Provide overall support and serves as a mentor for junior sales staff members.

Qualifications

  • Bachelor's Degree in Business Management Req

  • 15 years relevant industry experience (CRO/Pharmaceutical) Req Or

  • Equivalent combination of education, training, and experience Req

  • Proven track record at developing mid-level and high-level contacts

  • Solid understanding of commercialization and the principles of drug discovery and development

  • Excellent skills using Microsoft Office Suite: MS PowerPoint, MS Word, and MS Excel

  • Excellent oral and written communication skills

  • Strategic business awareness and analytical skills

  • Adaptability and flexibility to changing priorities

  • Demonstrated ability to work creatively and effectively in a fast-paced environment

  • Attention to detail and ability to work simultaneously on multiple priorities

  • Ability to maintain demanding timelines

  • Ability to influence others both internally and externally

  • Ability to work independently and as a team player

  • Ability to establish and maintain effective working relationships with coworkers, managers and clients

  • 30-40% travel is required (based on location).

IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. We create intelligent connections to accelerate the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide. Learn more at https://jobs.iqvia.com

IQVIA is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by applicable law. https://jobs.iqvia.com/eoe

The potential base pay range for this role, when annualized, is $156,600.00 - $290,800.00. The actual base pay offered may vary based on a number of factors including job-related qualifications such as knowledge, skills, education, and experience; location; and/or schedule (full or part-time). Dependent on the position offered, incentive plans, bonuses, and/or other forms of compensation may be offered, in addition to a range of health and welfare and/or other benefits.
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Average salary estimate

$223700 / YEARLY (est.)
min
max
$156600K
$290800K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Sr. Business Development Director, IQVIA

As a Sr. Business Development Director at IQVIA, located in the beautiful Carlsbad, CA, you’ll be at the forefront of fostering growth and expanding business opportunities. This isn't just about numbers; it'll be about building lasting relationships and becoming a strategic partner for our key customers. You will dive deep into our range of services, identifying the best ways to cross-sell and meet our clients’ needs. Your well-honed networking skills will come into play as you actively seek new opportunities in the industry. You’ll craft tailored sales strategies for each target account, ensuring that you're not just another face, but a trusted advisor who understands the ins and outs of your clients’ organizations. It's all about maintaining visibility within these accounts and collaborating closely with operational leaders to guarantee client satisfaction. You won't just sit behind a desk either; there’ll be a blend of travel and dynamic interactions with stakeholders. Your analytical mindset will help you track progress and analyze potential sales, while you use CRM tools to maintain relationships and report on your successes. Your leadership and mentorship will also guide junior sales staff, enabling them to thrive in their roles. If you're looking to make a significant impact within a leading global provider of clinical research services, this role is your chance to shine and drive meaningful growth in the life sciences sector.

Frequently Asked Questions (FAQs) for Sr. Business Development Director Role at IQVIA
What qualifications are required for the Sr. Business Development Director position at IQVIA?

The Sr. Business Development Director position at IQVIA requires a Bachelor's Degree in Business Management and a minimum of 15 years of relevant industry experience, especially in CRO or pharmaceutical fields. Candidates may possess a combination of education and experience that provides a comparable skill set. A proven track record of developing meaningful contacts at various organizational levels is also essential.

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What are the key responsibilities of a Sr. Business Development Director at IQVIA?

As a Sr. Business Development Director at IQVIA, your responsibilities include establishing a comprehensive business development program, managing customer relationships, and exploring new business opportunities. You will also be expected to cultivate relationships with key decision-makers and continuously analyze market opportunities to propose effective strategies tailored to your customers' needs.

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What skills are necessary for success as a Sr. Business Development Director at IQVIA?

To excel as a Sr. Business Development Director at IQVIA, you will need excellent communication skills, both oral and written, along with a robust analytical mindset to strategize effectively. Familiarity with Microsoft Office Suite is crucial, alongside adaptability to changing priorities and the ability to influence and build strong relationships internally and externally.

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Does the Sr. Business Development Director role at IQVIA require travel?

Yes, the Sr. Business Development Director role at IQVIA does require travel. Typically, this will range from 30-40% based on your location and client needs, as establishing and maintaining relationships with customers often entails meeting them in person.

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What is the potential salary range for a Sr. Business Development Director at IQVIA?

The potential base pay range for the Sr. Business Development Director at IQVIA is between $156,600 and $290,800 annually. Actual pay may vary depending on qualifications, education, experience, and location, alongside potential incentive plans and benefits.

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Common Interview Questions for Sr. Business Development Director
Can you describe your experience in developing business in the pharmaceutical industry?

When answering this, detail specific examples of your previous roles, highlighting successful strategies you employed to foster business relationships and improve sales outcomes in the pharmaceutical space. Emphasize any measurable results you achieved.

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How do you approach networking within the industry?

Discuss your strategies for building relationships, such as attending industry conferences, engaging in relevant forums, and leveraging social media platforms like LinkedIn to connect with key decision-makers and industry peers.

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What methods do you use to analyze customer opportunities?

Explain your analytical processes, including how you assess market trends, customer needs, and competitive landscapes to develop insights that inform your sales strategies. Highlight any tools or CRM systems you leverage in this analysis.

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Can you give an example of a successful sales strategy you've implemented?

Share a specific case where your sales strategy led to significant growth, discussing the steps you took, the challenges faced, and the outcomes of your efforts. Use metrics to support your success.

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How do you ensure client satisfaction throughout the sales process?

Illustrate your approach to maintaining client relationships post-sale, including regular check-ins, soliciting feedback, and working closely with operational teams to address any issues that arise.

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What role does mentorship play in your management style?

Talk about your commitment to developing junior sales staff members, detailing specific instances where your mentorship has guided them to improve their performance or achieve their goals.

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How do you manage multiple priorities in a fast-paced environment?

Elaborate on your time management techniques, mentioning tools or systems you use to keep yourself organized. Discuss how prioritizing tasks based on urgency and importance contributes to your success.

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What do you consider when developing proposals for clients?

Discuss the key elements you focus on, such as understanding client needs, tailoring solutions, and ensuring competitive pricing. Mention how you collaborate with internal teams to create compelling proposals.

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How do you stay informed about industry trends and competitors?

Share your strategies for ongoing research, such as subscribing to relevant publications, participating in webinars, and engaging in discussions with industry peers to gather insights about trends and competitive strategies.

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Describe a time when you faced resistance from a client. How did you handle it?

Provide an example of a challenging situation with a client, explaining how you navigated the concerns to ultimately restore trust and continue the business relationship. Highlight your communication and negotiation skills.

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At IQVIA, we believe in pushing the boundaries of human science and data science to help our customers create a healthier world. No matter your role, everyone at IQVIA contributes to our shared goal of improving human health.

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Full-time, on-site
DATE POSTED
March 30, 2025

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