Senior VC Director @ Eli Lilly in Indianapolis, IN

Lilly Group; Indianapolis (IN); On-site; USD 162,000 - 237,600; Full time

Benefits offered by this job

401(k) participation

Comprehensive benefit program

Company bonus eligibility

Job summary

Lilly in Indianapolis is seeking a highly skilled individual to drive equity investments in early-stage life sciences companies. The role emphasizes fostering strategic relationships and innovative thinking within a diverse team environment.

The ideal candidate holds a graduate degree and has significant experience in business development. Competitive compensation and benefits packages will be offered, reflective of individual qualifications and company performance.

Qualifications

• Minimum of 7-10 years of experience in commercial or business development roles in healthcare.
• 3-5 years of experience outside of the biopharmaceutical industry preferred.
• Excellent written and verbal communication skills.

Responsibilities

• Identify, propose, and execute direct equity investments in early-stage companies.
• Foster external strategic relationships to identify opportunities.
• Drive innovative thinking on investment decisions.

Skills

Emotional intelligence

Effective problem solving

Analytical skills

Negotiation skills

Business development

Education

Graduate degree (JD, MBA, MD, PhD)

Bachelor's degree with 7-10 years of experience

Job description

At Lilly, we unite caring with discovery to make life better for people around the world. We are a global healthcare leader headquartered in Indianapolis, Indiana. Our employees around the world work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to our communities through philanthropy and volunteerism. We give our best effort to our work, and we put people first. We’re looking for people who are determined to make life better for people around the world.

Responsibilities

In a company-wide effort to speed innovation to patients, Lilly Ventures leverages emerging external innovation to enable Lilly to influence and better understand the evolving healthcare ecosystem and the role of hardware and software in the context of Lilly’s prioritized therapeutic areas. This newly designed role will provide strategic depth to the company’s external innovation strategy and influence next generation drug discovery, development, and commercialization. In addition, it will lead a variety of transaction types and promote a team culture of Diversity & Inclusion.

This Position On The Lilly Ventures Team Will

• Identify, propose, and execute direct equity investments in early-stage life sciences and health technology companies, with pull-through of strategic insights from portfolio companies
• Foster external strategic relationships (e.g., venture capital funds, corporate venture capital funds, incubators, health systems, and others) to identify and anticipate opportunities
• Drive innovative thinking across business units, functions, and therapeutic areas on investment decisions that have a critical impact on external innovation
• Anticipate the evolution of the market and competition, especially regarding its impact on innovation, acquisitions, and collaborations, to gain competitive advantage
• Solve unique and complex problems with broad impact on the business
• Work within small team dynamics to advance multiple projects simultaneously
• Coach and mentor team member(s) while building a strong team culture of Diversity & Inclusion.

Basic Qualifications

Graduate degree (JD, MBA, MD, PhD) preferred, or a bachelor’s degree with a minimum of 7-10 years of experience in commercial or business development roles in healthcare, or drug discovery and development. Recognized as an internal expert for area of expertise.

Additional Skills/Preferences

Minimum of 3-5 years experience outside of the biopharmaceutical industry

High level of emotional intelligence with exceptional collaboration with colleagues at all levels

Effective problem solving, analytical, and project management skills to evaluate and resolve highly complex or unusual business and organizational problems

Exceptional business acumen, broad learning agility, and market knowledge

Demonstrated negotiation, persuasion, and influence skills

Excellent written and verbal communication skills

Business development, investment, and/or alliance management experience

Lilly is dedicated to helping individuals with disabilities to actively engage in the workforce, ensuring equal opportunities when vying for positions. If you require accommodation to submit a resume for a position at Lilly, please complete the accommodation request form https://careers.lilly.com/us/en/workplace-accommodation for further assistance. Please note this is for individuals to request an accommodation as part of the application process and any other correspondence will not receive a response.

Lilly is proud to be an EEO Employer and does not discriminate on the basis of age, race, color, religion, gender identity, sex, gender expression, sexual orientation, genetic information, ancestry, national origin, protected veteran status, disability, or any other legally protected status.

Actual compensation will depend on a candidate’s education, experience, skills, and geographic location. The anticipated wage for this position is

$162,000 – $237,600

Full-time equivalent employees also will be eligible for a company bonus (depending, in part, on company and individual performance). In addition, Lilly offers a comprehensive benefit program to eligible employees, including eligibility to participate in a company-sponsored 401(k); pension; vacation benefits; eligibility for medical, dental, vision and prescription drug benefits; flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts); life insurance and death benefits; certain time off and leave of absence benefits; and well-being benefits (e.g., employee assistance program, fitness benefits, and employee clubs and activities). Lilly reserves the right to amend, modify, or terminate its compensation and benefit programs in its sole discretion and Lilly’s compensation practices and guidelines will apply regarding the details of any promotion or transfer of Lilly employees.