Dir , Strategic Forecasting

Rahway, NJ (Unknown)

$191K/yr – $300K/yrDirector/Executive8+ years expFull time

Posted 2 months ago

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Job Summary

Own the end-to-end forecasting capability for key assets, aligning inputs with Marketing, Market Access, and Finance, and guiding enterprise forecast cycles to drive strategic decisions.

  • Forecasting leadership across US/India teams: strategy, tool adoption, and stakeholder communication.
  • Modeling and scenario workstreams: apply trend, scenario, Monte Carlo analyses to support business choices.

Job Description

Responsibilities

  • Determine appropriate forecast modeling approaches, tools, and techniques for your respective asset(s) and/or indication(s).
  • Partner closely with Marketing Engagement, Market Research, Data Science, Payer Analytics, and other DHH functions on a continual basis to develop appropriate insights strategies and plans to have the necessary inputs for strategic forecasting.
  • Lead your team in running the forecasting cycles aligned with our company's enterprise forecasting process.
  • Ability to use the Forecasting digital tool, guide coding experts to implement forecasting flow, and explain the results to stakeholders
  • Support ongoing understanding of the engagement with the business regarding actual performance against forecast, including what is driving it.
  • Engage closely with the business partners (Marketing, Market Access and Finance) in aligning on inputs, outputs, and the overall forecasting insights for each cycle.
  • Bring a range of forecasting capabilities to bear in addressing business strategy and decision-making, including trend-based forecasting, scenario analysis, Monte Carlo analysis, and others.
  • Build a team of high-performing strategic forecasters, supporting and enabling their continued development across business knowledge, forecasting techniques, and stakeholder engagement / consultative skills.
  • Partner and influence others in a highly matrixed organization, including across large teams across both US and India-based colleagues, ensuring we always operate as One Team.
  • Drive frequent, clear communication around the forecasting process, inputs, insights, and other related topics to ensure all stakeholders are aligned.

Requirements

  • Undergraduate degree in a related discipline required
  • MBA or Master’s or Doctorate degree in Engineering, Public Health, Biological Sciences, Nursing, Pharmacy, Mathematics, Statistics, Computer Science, Medical Sciences preferred
  • Minimum of 8-10+ years of relevant delivery of complex analytical projects in the pharmaceutical/biotech industry using market research and/or large patient or physician databases.
  • Experience in developing forecast models and extraction of forecasting insights.
  • Direct line management experience is preferred.

Preferred

  • Therapeutic area experience (for oncology, vaccines, or pharma/rare).
  • Advanced forecasting experience, including developing different types of models (patient-based, trend-based, etc.), developing advanced scenarios and simulations, and deeply understanding the nuances of modeling for the respective TA
  • Consultative business partner experience (either within a company or as a consultant)
  • Prior experience in functions that this person will be partnering closely with, including Marketing, Market Access, Finance, Market Research, Data Science, or Payer Analytics.
  • Coding experience in languages such as R, Python, and SQL preferred

Benefits

  • We offer a comprehensive package of benefits. Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days.
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Merck

At Merck, known as MSD outside of the United States and Canada, we are unified around our purpose: We use the power of leading-edge science to save and improve lives around the world. For more than 130 years, we have brought hope to humanity through the development of important medicines and vaccines. We aspire to be the premier research-intensive biopharmaceutical company in the world – and today, we are at the forefront of research to deliver innovative health solutions that advance the prevention and treatment of diseases in people and animals. We foster a diverse and inclusive global workforce and operate responsibly every day to enable a safe, sustainable and healthy future for all people and communities. For more information, visit www.merck.com. This site is intended for residents of the United States and Canada and their territories only. FLS: http://merck.us/3TKXNuZ

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