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At our company we are leveraging analytics and technology as we invent for life on behalf of patients around the world. We are seeking those who have a passion for using data analytics and insights to drive decision making that will allow us to tackle some of the worlds greatest health threats. Within our commercial Insights Analytics and Data organization we are transforming to better power decisionmaking across our endtoend commercialization process from business development to late lifecycle management.
Integrated Research and Forecasting (IRF) is a global function encompassing longrange pharmaceutical asset forecasting across the product lifecycles of all assets within Human Health (Oncology Vaccines Hospital Specialty / Primary care). Assets include early and latestage molecules in clinical development companies under considerations by business development for partnering and/ or acquisition as well as currently launched products. Forecasting deliverables support division planning and decision making across multiple functional areas such as finance manufacturing product development and commercial. In addition to ensuring highquality deliverables our team drives synergies across divisions fosters innovation and best practices and creates solutions to bring speed scale and shareability to our planning processes. As we endeavor we are seeking a dynamic talent for the role of Manager Strategic Forecasting
We are looking for a team member within strategic forecasting team based out of Pune. Robust forecasting is a priority for businesses as the product potential has major implications to a wide range of disciplines. While forecasting of realistic potential can be arrived through both qualitative and quantitative methods the challenge lies in selecting and deploying the right methodology. Thus it is essential to have someone who understands and aspires to implement advanced analytics techniques such as Monte Carlo simulations agentbased modeling conjoint frameworks NLP clustering etc. within forecasting vertical.
Primary responsibilities include but are not limited to:
Responsible for one/multiple therapy areas demonstrating good pharmaceutical knowledge and project management capability
Responsible for conceptualizing and delivering forecasts and analytical solutions using both strategic as well as statistical techniques within area of responsibility
Drive continuous enhancements to evolve the existing forecasting capabilities in terms of valueadd risk/ opportunity/uncertainty identify and elevate key forecasting levers/insights/findings to inform decision making
Collaborate across stakeholders our Manufacturing Division Human Health Finance Research Country and senior leadership to build and robust assumptions ensuring forecast accuracy improves over time to support decision making
Drive innovation and automation to bring in robustness and efficiency gains in forecasting/process; incorporate bestinclass statistical forecasting methods to improve the accuracy
Communicate effectively across stakeholders and proactively identify and resolve conflicts by engaging with relevant stakeholders
Responsible for delivery of forecasts in a timely manner with allocated resources
Determine the optimal method for forecasting considering the context of the forecast availability of data the degree of accuracy desired and the timeline available
Contribute in evolving our offerings through innovation standardization/ automation of various offerings models and processes
Qualification and skills:
Engineering / Management / Pharma postgraduates with 3 years of experience in the relevant roles; with 12 years of experience in pharmaceutical strategic forecasting or analytics
Proven ability to work collaboratively across large and diverse functions and stakeholders
Ability to manage ambiguous environments and to adapt to changing needs of business
Strong analytical skills; an aptitude for problem solving and strategic thinking
Working knowledge of Monte Carlo simulations and range forecasting
Ability to synthesize complex information into clear and actionable insights
Proven ability to communicate effectively with stakeholders
Solid understanding of pharmaceutical development manufacturing supply chain and marketing functions
Our Human Health Division maintains a patient first profits later ideology. The organization is comprised of sales marketing market access digital analytics and commercial professionals who are passionate about their role in bringing our medicines to our customers worldwide.
We are proud to be a company that embraces the value of bringing diverse talented and committed people fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one anothers thinking and approach problems collectively. We are an equal opportunity employer committed to fostering an inclusive and diverse workplace.
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Merck & Co. Inc. Rahway NJ USA also known as Merck Sharp & Dohme LLC Rahway NJ USA does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no preexisting agreement is in place. Where agency agreements are in place introductions are position specific. Please no phone calls or emails.
Employee Status:
RegularRelocation:
VISA Sponsorship:
Travel Requirements:
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Required Skills:
Business Analysis Marketing Numerical Analysis Stakeholder Relationship Management Strategic Planning Waterfall ModelPreferred Skills:
Job Posting End Date:
04/30/2025*A job posting is effective until 11:59:59PM on the day BEFOREthe listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.
Required Experience:
Manager
Full-Time