Business Development Executive – Real-world Data Solutions

Invitae is now part of Labcorp and dedicated to bringing comprehensive genetic information into mainstream medicine to improve healthcare for billions of people! Our team is driven to make a difference for the patients we serve. We are leading the transformation of the genetics industry, by making clinical-grade genetic information affordable and accessible to guide health decisions across all stages of life.

Recognized as one of Forbes 2024 “Americas Best Large Employers” and named to the Forbes 2024 Best Employers for Diversity, Labcorp is seeking to hire a Business Development Executive, Real-world Data Solutions to help identify and shape opportunities for Labcorps continued growth.

This field-based position is remote in the US.

As a Business Development Executive, you will coordinate with our Sales and Marketing directors to boost our company’s market presence and increase customer engagement. To be successful in this position, you should have solid experience with Salesforce.com and KPI metrics. You should also be able to identify new opportunities and proactively address customer concerns.

The role will identify and pursue partnerships primarily with biopharma companies to improve disease understanding and connect patients and their clinicians to appropriate next steps. You will be responsible for generating new opportunities, following up on inbound leads, building relationships with senior leaders at partner organizations, presenting the vision for potential partnerships, drafting contracts, and conducting negotiations.

Responsibilities

• Establishing, building, and evolving relationships with senior leaders at biopharma companies

• Collaborating with Labcorp teams including Sales, Marketing, Medical Affairs, and Legal teams to identify, prioritize and execute partnerships

• Structuring and negotiating partnership agreements, including in cases where a creative and novel approach is required due to unique client needs

• Supporting development of partnership models and go-to-market strategies based on customer needs, business performance, market dynamics and competitive landscape

• Leverage Salesforce.com and other data sources for commercial sales metrics and customer management

• Lead cross functional projects with various leaders throughout the division and company

• Provide salesforce with support including training, market intelligence and actionable reporting

• Serve as a subject matter expert for various sales tools for the divisional salesforce

• Help with the planning, coordination, and execution of divisional events

Requirements

• Bachelor’s in life sciences required; Advanced Degree in life sciences field preferred

• 5+ years of experience in relevant business development roles, preferably focused on biopharma, genetics, or data/analytics

• Multiple Sales Award Winner with a track record of success

• Ability to act as a resourceful, strategic, and analytical thinker, and critical problem solver

• CRM-based pipeline management experience

• Proven success with new product launches and driving new business in a highly competitive and complex market

• Demonstrated success working in a highly matrixed environment with the ability to influence stakeholders

• Eagerness to explore the scientific, medical, and commercial applications of genetic and clinical data

• Strong executive presence, customer-focused orientation, and exceptional judgment to ensure diverse client needs are addressed amidst an unstructured environment

• Excellent written and oral communication skills that enable delivering complex concepts in a simple and compelling way

• Analytical mindset with experience in data analysis, reporting, and identifying the “so what” behind the data

Preferred skills

• Domain knowledge in genetics

• Experience selling to and familiarity with biopharma companies

• Understanding of how Real-World Data can be utilized in drug development

Application Window: Application window will close on November 25, 2024.

Pay Range: $120,000 - $140,000 annually + commissions

All job offers will be based on a candidate’s skills and prior relevant experience, applicable degrees/certifications, as well as internal equity and market data. 

Variable Compensation Sales:

The position is also eligible for bonus and/or commissions under the applicable variable compensation plan. Bonus/commissions are earned based on achievement of performance metrics under the plan.

Benefits: Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan. Casual, PRN & Part Time employees regularly scheduled to work less than 20 hours are eligible to participate in the 401(k) Plan only. For more detailed information, please click here. 

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Labcorp is proud to be an Equal Opportunity Employer:

As an EOE/AA employer, Labcorp strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic.

We encourage all to apply

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