8 most in-demand life science jobs in singapore for 2017

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8 most in-demand life science jobs in Singapore find out which professionals are in demand in 2017

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Page 1: 8 most in-demand life science jobs in Singapore for 2017

8 most in-demandlife science jobs in Singaporefind out which professionals are in demand in 2017

Page 2: 8 most in-demand life science jobs in Singapore for 2017

Key skills needed:● Solid knowledge of the market and

competitor landscape● Possess excellent customer/distributor

relationships● Ability to penetrate new markets and

manage renewals of existing businesses

front-end sales

What you can earn:S$36k - 60k per annum for entry level sales; S$96k - 140k per annum for managerial roles

#1

The backbone for any commercial business is the front-end sales role. Sales specialists with strong business acumen are highly sought-after in this space - as they are often the key point of contact for assigned regions and customer segments. These sales specialists are expected to drive business and contribute to the organisation’s bottom line, typically set by their sales managers.

There is also a strong demand for account managers to focus on customer retention and increase share of wallet for existing clients. Candidates with a passion to grow the business and build an excellent KOL network that translates to sales growth will find this role both challenging and exciting.

There seems to be high turnover for junior sales specialists and account managers, who tend to leave after 3 to 4 years as they seek growth prospects or enhanced functional responsibility. The more senior employees however prefer stability, attractive company benefits and a strong organisational culture.

In addition, due to having responsibility for a team and a larger business, they tend to remain in their positions much longer. Having found a happy equilibrium between their professional aspirations and an established KOL network which they have built over time, these senior employees are more motivated to retain their teams while pursuing a stable growth for the organisation.

Page 3: 8 most in-demand life science jobs in Singapore for 2017

What you can earn:S$100k - 150k per annum depending on level of experience

Key skills needed:● ability to implement new sales strategies

specific to the market - translate to establishing and reinforcing sales targets with distributors to ensure optimal performance and profitability

● experience dealing with fast-moving volume-based products

distributor management#2

Emerging markets in this industry are generally coined as markets with almost zero product presence, regardless of the economic health of the markets. These markets present opportunities for profitable - almost double digit - growth for life sciences companies.

However such growth tends to be tagged with a significant challenge: markets that are destined for potential growth typically possess the least amount of experience and knowledge. As a result, establishing a local supply chain enlisting the help of local distributors could be seen seen as a solution to bridge the gap between experience and opportunity.

We generally see a high demand in distributor management roles especially within ASEAN where markets are either untapped or at their infancy stage. Companies often begin to go direct and setting up a local office once a healthy market reach is established, which seemed to be the natural progression for this role as well.

Page 4: 8 most in-demand life science jobs in Singapore for 2017

#3

The regulatory function in healthcare industries is vital in making safe and effective healthcare products available worldwide. Products that are heavily regulated are wide ranging including pharmaceuticals, medical devices, in vitro diagnostics (IVD), biologics and biotechnology, nutritional products, cosmetics and veterinary products.

The regulatory professional's roles and responsibilities often begin in the research and development phases, moving into clinical trials and extending through to premarket approvals, manufacturing, labeling and advertising and postmarket surveillance.

Singapore’s status as a regional office hub (in some cases, global hubs) for multinationals also offers opportunities to assume local and regional / global responsibilities in Singapore. Jobs in regulatory affairs tend to offer life-long career development opportunities.

regulatory affairs

What you can earn:From S$50k per annum for junior staff; Up to S$300k per annum for director level

Key skills needed:● Bachelor or advanced degree in a

scientific or technical field● Proficient in assembling dossiers and

navigating the regulatory submissions process - to help register all regulated products with the country’s regulatory bodies

Page 5: 8 most in-demand life science jobs in Singapore for 2017

An application specialist is an integral part of the sales support team for every biotechnology and diagnostic company. As the products may vary across different types of companies (for e.g. genomics, proteomics, analytical instruments, consumables, capital instruments etc.), the technical qualifications required of a candidate in this space also seem to vary accordingly.

The application specialist is essentially considered the key contact when it comes to providing pre-sales and post-sales support. They also help in developing the brand value of the product while playing a crucial role in establishing long-term relationships with the end users. Often, these specialists would have mastered the product functions and delivery, as they are expected to provide trouble shooting whenever required.

In the long term, application specialists can carve a career path which will see them move into a team leader role, and subsequently promoted to a technical manager or director position. Candidates often use this as a stepping stone to assume a full fledged commercial role - so many will take the opportunity to sharpen their business acumen while nurturing their technical expertise.

What you can earn:S$60k - 100k per annum depending on level of experience

#4 application specialist

Key skills needed:● Bachelor/ Masters degree or PHD in a

scientific discipline● Prior hands-on experience across the

product range● Effective communication and

presentation skills● Strong research background

Page 6: 8 most in-demand life science jobs in Singapore for 2017

What you can earn:S$60k - 100k per annum, excluding bonuses

A relatively new position within the pharmaceutical industry here in Singapore, Medical Science Liaisons (MSLs) are very much in demand as they are seen to be vital to a company’s success. They work throughout a product's lifecycle, help to ensure that products are utilised effectively, serve as scientific peers and resources within the medical community, and are scientific experts to internal colleagues. The main purpose of the MSL role is to establish and maintain peer-peer relationships with leading physicians, referred to as Key Opinion Leaders (KOL's), at major academic institutions and clinics.

Originally called Medical Science Liaisons, over the years, companies have used various names for the role including: Medical Liaisons, Medical Managers, Regional Scientific Managers, Clinical Liaisons and Scientific Affairs Managers among others. Originally, the first MSLs were selected from experienced sales representatives who had strong scientific backgrounds to bring a higher degree of clinical and educational expertise to the medical professionals they were working with.

Over the years, MSL teams have been made up of individuals with various scientific backgrounds including: sales reps, or candidates with nursing backgrounds, various doctoral degrees or other clinical backgrounds.

#5 medical science liaison (MSLs)

Key skills needed:● Strong demand particularly for MSLs

with 3-5 years’ relevant experience● Strong scientific background, ideally

including a PhD● Demonstrate transferable skills in similar

or associated therapeutic areas

Page 7: 8 most in-demand life science jobs in Singapore for 2017

Key skills needed:● Bachelor/ Masters degree or PHD in a

scientific or technical discipline● Strong communication and influencing

skills for effective liaison and teamwork● An aptitude for mathematics, scientific

techniques and statistics

Singapore has proven to be a solid if not spectacular location for research and development opportunities. Buoyed by the government’s desire to establish a knowledge-based economy and a high skilled workforce, pharmaceutical, biotechnology and nutrition companies are increasing their R&D footprint in Singapore.

Over the last 5 years, we have seen an increase in demand for scientists, exploring and developing new processes and products within the pharmaceutical, biotechnology and nutrition industries. Companies and research institutions are typically looking for candidates with post-degree qualification (Master or PhD) in various scientific and technical disciplines to work as Analytical Scientist, Process Development Scientist, Method Development Scientist and Research Manager.

What you can earn:S$80k - 120k per annum depending on level of experience

#6 research & development

Page 8: 8 most in-demand life science jobs in Singapore for 2017

What you can earn:Start from S$60k per annum for a support role;Up to S$120-180k per annum for Global Project Manager role

These consultants are highly sought-after as SAP remains the predominant ERP system used by many organisations - due to its scalability and how it can be integrated with different types of business/inhouse systems.

We see most demand coming from organisations that are setting up new manufacturing sites/plants - and they tend to attract candidates who are currently doing maintenance/support but looking to work more on projects. This subsequently creates a churn - requiring more people to move into the roles that have now been left empty.

SAP consultants tend to either be technical people with very strong configuration and implementation skills, or functional project managers who are SAP super users with the ability to utilise their knowledge of life science specific business knowledge (e.g. FDA, GMP standards).

The clients typically value the technical skills/business domain knowledge, but if you are aiming to be a project manager, you need to come with the ability to effectively manage senior level stakeholders at a regional level.

#7 SAP consultant

Key skills needed:● Technical skills / business domain

knowledge (e.g. FDA, GMP standards)● Strong configuration and implementation

skills● Ability to effectively manage senior level

stakeholders at a regional level

Page 9: 8 most in-demand life science jobs in Singapore for 2017

Due to the sensitivity of information being hosted, the majority of organisations in life sciences tend not to outsource the management of their IT infrastructure to third party vendors. This means that most life science companies will almost always have in-house engineers handling the setup and maintenance of their internal IT infrastructure.

Candidates who have the relevant skill sets that match what the employers are looking for, with the right geographical scope (local/regional) either at the support or implementation level, are actively sought-after.

Engineers with the knowledge of integrating and supporting IT systems with specialty systems meant for manufacturing lines or warehouse systems will be a differentiating factor, in particular for companies that operate their own manufacturing facility or warehouse.

#8 infrastructure engineers

Key skills needed:● Infrastructure design and integration ● Network or System Engineering skills

(Cisco/Juniper etc, Windows/Linux etc)● Knowledge and/or interest in the life

science/bio science/pharma industries

What you can earn:S$72k - 120k per annum, depending on seniority

Page 10: 8 most in-demand life science jobs in Singapore for 2017

Working hard for something we don’t care about is called stress.

Working hard for something we love is called passion.

Source: Simon Sinek, Author of “Start with Why”

Page 11: 8 most in-demand life science jobs in Singapore for 2017

At Randstad, we are passionate about shaping the world of work.

The recruitment services we offer are ancillary; our leading market insights and talent intelligence are what will truly add value to our candidates’ career aspirations, and make a difference to our clients’ talent acquisition strategy.

Page 12: 8 most in-demand life science jobs in Singapore for 2017

Roles our clients are hiring for:Pharmacovigilance manager

Biostatician

Scientist - materials oxide

Regulatory affairs manager

Knowledge & learning lead

Market access manager

R&D Engineer Clinical business manager

Product & technical application specialist

Channel partner manager - consumables

Technical sales specialist - Flowcytometry

Quality manager (QMS)

Launch readiness and excellence manager

Marketing manager - prescription drugs

Product manager - OTC

Page 13: 8 most in-demand life science jobs in Singapore for 2017

We know life science talent.distributor management

product sales

product marketing

SAP specialists

technology and infrastructure specialists

biotechnology & pharmaceutical specialists

clinical research

clinical trial

medical science liaison

regulatory affairs

Page 14: 8 most in-demand life science jobs in Singapore for 2017

contact usWe hope you like this life science update. Please feel free to forward it to someone else whom you think might benefit from it. As one of the leading recruitment firms in Singapore, our specialists are well-placed to tap into our extensive network and secure the best life science talent and jobs in the market.

Get in touch for a confidential discussion on your talent and career needs:

Johari MasodAssociate Director, Life Science+65 6510 [email protected]

Asher TanStrategic Account Director+65 6510 [email protected]