Business Development Associate

Jobskey Search and Selection; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A leading pharmaceutical company in Mumbai seeks a dynamic Business Development Associate to drive strategic partnerships within the healthcare sector. The ideal candidate should have over 5 years of proven experience in business development and excellent interpersonal skills. Responsibilities include negotiating agreements, managing relationships with key stakeholders, and conducting market research. A background in business administration or healthcare management is preferred. This role offers an opportunity to contribute to significant growth in a rapidly expanding organization.

Qualifications

• 5+ years of experience in business development or partnership management.
• Strong understanding of the healthcare industry.
• Ability to work independently and as part of a team.

Responsibilities

• Identify and establish strategic partnerships with institutes and hospitals.
• Negotiate partnership terms and agreements.
• Build and maintain relationships with key stakeholders.
• Conduct market research to identify potential partners.
• Coordinate efforts with marketing and sales teams.
• Monitor partnership performance and prepare reports.

Skills

Negotiation skills

Communication skills

Relationship management

Market research

Education

Bachelor's degree in Business Administration or Healthcare Management

Master's degree (preferred)

Tools

Microsoft Office Suite

CRM software

Job description

About the job Business Development Associate

Client Overview:

Our client is a prominent pharmaceutical company focused on delivering high-quality medical products. Known for their innovation and commitment to improving global health, they seek talented professionals to join their team and support their expanding portfolio.

Job Description:
We are seeking a dynamic and results-driven Business Development Manager (BDM) to join our client's in mumbai. The ideal candidate will have a proven track record in building strategic partnerships, negotiating agreements, and driving business growth within the healthcare sector.

Responsibilities:

• Strategic Partnership Development: Identify, approach, and establish strategic partnerships with institutes and hospitals to enhance business opportunities and expand our network.
• Negotiation and Agreement Management: Negotiate partnership terms and agreements to ensure mutual benefit and alignment with organizational goals. Draft, review, and finalize contracts.
• Relationship Management: Build and maintain strong relationships with key stakeholders, including hospital administrators, institute heads, and decision-makers. Act as the primary point of contact for all partnership-related queries.
• Market Research and Analysis: Conduct market research to identify potential partners and industry trends. Analyze competitive landscape to develop strategies for effective partnership engagement.
• Collaboration with Internal Teams: Work closely with marketing, sales, and product development teams to align partnership goals with overall company objectives. Coordinate cross-functional efforts to ensure successful implementation and execution of partnership initiatives.
• Performance Monitoring: Track and evaluate the performance of partnerships to measure success and identify areas for improvement. Prepare reports and presentations for senior management on partnership outcomes.

Qualifications:

• Bachelor's degree in Business Administration, Healthcare Management, or a related field (Master's degree preferred).
• Proven experience (5+ years) in business development, partnership management, or a related role within the healthcare sector.
• Strong understanding of the healthcare industry, including hospital operations and institutional frameworks.
• Excellent negotiation, communication, and interpersonal skills.
• Ability to work independently and as part of a team in a fast-paced environment.
• Proficient in Microsoft Office Suite and CRM software.