Assoc. Dir , Strategic Forecasting

North Wales, PA (Unknown)

$157K/yr – $247K/yrSenior Level5+ years expFull time

Posted 2 months ago

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Job Summary

Drive enterprise forecasting with cross-functional inputs to deliver timely forecasts and actionable insights that influence strategy across Marketing, Market Access, and Finance.

  • Forecasting Collaboration: Align inputs, models, and outputs with DHH, Marketing, Market Research, Data Science, and Payer Analytics to support strategy.
  • Insight Delivery: Produce forecasts and associated insights within the enterprise process, coordinating with US and India teams to inform decisions.

Job Description

Responsibilities

  • Working closely with with Strategic Forecasting Insights Director, 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.
  • Develop and deliver the forecasts and forecasting insights for the forecasting cycles aligned with our company's enterprise forecasting process, working closely across a matrixed team including both US and India-based colleagues.
  • Support ongoing understanding of and engagement with the business regarding actual performance against forecast, including what is driving it.
  • Engage closely with the business (Marketing, Market Access) and Finance in aligning on inputs, outputs, and the overall forecasting insights for each cycle.
  • Bring a range of forecasting capabilities in addressing business strategy and decision-making.
  • Partner closely with others in a highly matrixed organization, including across large teams, ensuring we always operate as One Team.
  • Drive frequent, clear communication around the forecasting process, inputs, insights, and other related topics to ensure your business and DHH partner stakeholders are aligned.
  • Enable interconnected problem-solving with other DHH functional colleagues and business colleagues around targeted business questions.
  • Be a thought leader and strategic partner for our business partners via the establishment of close, trust-based relationships.
  • Understand business stakeholders' priorities and help develop strategic forecasting-related solutions that support business objectives in collaboration with the broader commercial insight teams.

Requirements

  • Undergraduate degree in a related discipline required
  • Minimum of 5+ 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/or related analytics (e.g., scenario analysis, business case development, etc.)
  • Experience working in highly cross-functional, matrixed teams. Demonstrated ability to collaborate and lead with empathy and compassion.
  • Experience leading diverse groups of work colleagues and positively managing ambiguity.
  • Self-motivated, proactive, ability to work independently and collaborate seamlessly. Lead without authority.
  • Ability to understand business process and break down business questions into specific, tangible hypotheses and requirements to guide analysis. Excellent problem-solving skills with an appreciation for data oriented analytical methods.
  • Ability to operate in an unstructured environment and have strong organizational skills to create structure and clarity. Ability to prioritize work efficiently and effectively to get things done.
  • Excellent interpersonal and communication skills.

Preferred

  • Therapeutic area experience (for the respective TA of 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.

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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