Job Description
About the position
The Business Development Principal at Cigna is responsible for building and maintaining strategic relationships within a client portfolio that includes Specialty Pharma Manufacturers. This role focuses on driving growth opportunities, managing contracts, and executing account strategies to achieve business unit goals. The position requires a deep understanding of the Pharma industry and the ability to negotiate and manage contracts effectively.
Responsibilities
Β Build and maintain key strategic relationships within the client portfolio.
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Β Assist with RFPs and new sales initiatives.
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Β Drive strategic growth opportunities with senior executives using market insights.
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Β Work cross-functionally with product, account management, operations, clinical, and sales teams.
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Β Own the contract development and execution of account strategies.
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Β Contribute to strategic planning for client renewal and retention strategies.
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Β Develop and execute account strategies that result in revenue growth.
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Β Ensure account expectations are met by collaborating with internal and external partners.
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Β Anticipate and recommend improvements for internal and external business challenges.
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Β Solve complex problems that impact the business broadly.
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Β Represent the organization externally as a recognized Pharma expert and thought leader.
Requirements
Β Bachelor's degree or equivalent work experience (MBA preferred).
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Β 10-14 years of relevant experience with a Bachelor's degree, 8-12 years with a Master's, or 16-20 years without a degree.
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Β Strong project management skills.
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Β Superior written and verbal communication and presentation skills.
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Β Proficient in Microsoft Word, Excel, and PowerPoint.
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Β Working knowledge of program metrics and financials.
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Β Essential negotiation skills.
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Β Superior analytical and problem-solving skills.
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Β Excellent organizational skills and experience leading client meetings.
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Β Demonstrated experience negotiating and managing contracts with integrity.
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Β Knowledge of the Specialty Healthcare, Pharma, and PBM industry preferred.
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Β Ability to develop strategic work plans and assess growth opportunities.
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Β Strong critical thinking skills to identify issues and develop remediation plans.
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Β Experience leading cross-functional initiatives and teams.
Nice-to-haves
Β Experience in the Specialty Healthcare sector.
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Β Familiarity with regulatory issues in the Pharma industry.
Benefits
Β Medical, vision, and dental insurance coverage.
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Β Well-being and behavioral health programs.
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Β 401(k) with company match.
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Β Company-paid life insurance.
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Β Tuition reimbursement.
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Β Minimum of 18 days of paid time off per year.
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Β Paid holidays.
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