Sr. Director - Tech Ventures

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 an inclusive team culture.

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 inclusive team culture.

Basic Qualifications

• Graduate degree (JD, MBA, MD, PhD) OR Bachelor’s degree with a minimum of 7+ years of experience in commercial or business development roles in healthcare, or drug discovery and development.

Additional Skills/Preferences

• Recognized as an internal expert for area of expertise.
• 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
• This is an Indianapolis-based role (remote not considered) and relocation is provided.

Accommodations and Equal Opportunity

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.

Employee Resource Groups (ERGs)

Our employee resource groups (ERGs) offer strong support networks for their members and are open to all employees. Our current groups include: Africa, Middle East, Central Asia Network, Black Employees at Lilly, Chinese Culture Network, Japanese International Leadership Network (JILN), Lilly India Network, Organization of Latinx at Lilly (OLA), PRIDE (LGBTQ+ Allies), Veterans Leadership Network (VLN), Women’s Initiative for Leading at Lilly (WILL), enAble (for people with disabilities). Learn more about all of our groups.

Compensation and Benefits

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.

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