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Business Development Manager – Life Science
Location
Massachusetts
Posted
139 days ago
Salary
$90K - $160K / year
Seniority
Senior
Job Description
Business Development Manager – Life Science
IMI
• Identify and develop new business opportunities with targeted accounts to support go-to-market growth objectives. • Build and execute a structured prospecting plan and opportunity pipeline with a strong understanding of customer experience, market dynamics, and competitive landscape within the Life Sciences sector. • Identify, qualify, and win new business opportunities, ensuring focus on the right projects and delivering above-market revenue growth through new customer acquisition and expansion of existing customers. • Take ownership for delivering profitable new customer and product sales aligned with annual targets and the longer-term commercial growth strategy. • Work closely with Life Sciences leadership and collaborate cross-functionally with Sales, Engineering, Marketing, Customer Support, and Operations to progress opportunities. • Allocate time and resources toward markets, applications, and customers where profitable growth potential is greatest. • Support development of value-based pricing approaches informed by customer needs and competitive positioning. • Develop, maintain, and manage accurate sales and revenue forecasts on a monthly and annual basis. • Build business cases for new product, application, or technology opportunities in collaboration with engineering, program teams, and manufacturing sites. • Lead early-stage customer engagement, shaping opportunities from initial contact through successful close. • Support smooth transition of newly won business into longer-term customer ownership to enable sustained growth and customer value. • Contribute to targeted growth initiatives, strategic projects, and potential acquisition-related activities as required.
Job Requirements
- Proven experience driving new business growth in B2B technical or Life Sciences markets.
- Strong ability to identify, qualify, and close complex opportunities with OEM customers.
- Commercially minded, with the ability to assess value, pricing, and profitability.
- Comfortable engaging senior decision-makers (Director, VP, C-suite).
- Able to operate independently in a growth-focused, opportunity-driven role.
- Effective collaborator with technical and commercial teams.
- Willingness to travel up to approximately 50 percent.
- Bachelor’s degree in Engineering, Business, or equivalent experience preferred.
Benefits
- Multiple health plans to choose from: HMO, PPO, and High Deductible Health Plans with a low-cost share
- Best-in-class 401K plan with zero vesting and up to 6% contribution matching
- 14-week maternity leave at full pay following one year of service (Adoption benefits are equivalent)
- 4-week paternity leave at full pay following one year of service (Adoption benefits are equivalent)
- Employee Resource Groups that offer community and support, like our Pride Network and Network of Women groups
- PTO, encompassing inclusive holidays
- Career Development opportunities (IMI’s ‘Catalyst’ Program)
- Employer contribution for Health Savings Account, and in many cases free virtual telemedicine, and teletherapy.
- Mental Health and wellness programs to support you and your family
- Full suite of voluntary benefits to tap into, including but not limited to: Critical illness insurance, hospital indemnity, legal insurance, identity theft protection, and pet insurance or home & auto insurance through our discount advantage platform
- Short & long-term disability as well as basic life insurance at 2x your basic salary at no cost to the employee
- Free financial advisors, webinars, and classes through Charles Schwab
- Annual Employee Stock Purchase Plan with option to purchase IMI shares at a reduced employee only price - no opportunity to lose, only to profit or refund your investment
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