Exciting Opportunity at Merck & Co., Inc.

Merck & Co., Inc., a global leader in pharmaceuticals, is seeking talented professionals for the role of Associate Manager – Strategic Forecasting at its Pune, Maharashtra location. This opportunity is ideal for both fresh graduates and experienced candidates looking to make a significant impact in the pharmaceutical industry through data-driven insights and strategic decision-making.

Associate Manager- Strategic Forecasting

Location : Pune, Maharashtra, India

Job Type : Full time

Job Description

Position Overview

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 world’s greatest health threats. Within our commercial Insights, Analytics, and Data organization we are transforming to better power decision-making across our end-to-end commercialization process, from business development to late lifecycle management.

Integrated Research and Forecasting (IRF) is a global function encompassing long-range pharmaceutical asset forecasting across the product lifecycles of all assets within Human Health (Oncology, Vaccines, Hospital Specialty / Primary care). Assets include early and late-stage 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 high-quality 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 “Associate 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, agent-based modeling, conjoint frameworks, NLP, clustering etc. within forecasting vertical.

Primary Responsibilities Include, But Are Not Limited To

• Responsible for delivering forecasts and analytical solutions
• Drive continuous improvements to evolve the existing forecasting capabilities in terms of value-add, risk/ opportunity/ uncertainty – identify and elevate key forecasting levers/ insights/ findings to inform decision making
• Works closely with cross functional teams to align on forecasting assumptions, perform analytics to inform assumptions such as peak share, ToT, impact of competitors, etc. to help countries improve forecast quality across financial submissions.
• Applies advanced statistical methods and models to deliver data-driven insights and recommendations to address business questions/opportunities.
• Drive automation to bring in robustness and efficiency gains in forecasting/process; and ways to improve forecast accuracy
• 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 standardization/ automation of various offerings, models and processes
  

Qualification And Skills:

• Engineering / Management / Pharma post-graduates with 0-3 years of experience in the relevant roles; preferably in pharmaceutical strategic forecasting or analytics.
• Strong analytical skills; an aptitude for problem solving and strategic thinking
• Ability to work collaboratively across large and diverse functions and stakeholders
• Working knowledge of Monte Carlo simulation and advanced analytical techniques
• Ability to synthesize complex information into clear and actionable insights
• Proven ability to communicate effectively across all levels of stakeholders
• Understands key business nuances/ challenges, uses the best data available and applies appropriate methodologies to provide business insights

Why Join Merck & Co., Inc.?

Merck is renowned for its commitment to innovation, patient-focused research, and cutting-edge technology. By joining Merck, you will be part of a dynamic team that leverages data analytics to transform pharmaceutical commercialization and decision-making. This role offers the chance to work in a collaborative environment where innovation, learning, and career growth are highly encouraged.

How to Apply?

If you are passionate about leveraging data and analytics to shape the future of pharmaceuticals, apply for this role today! Visit Merck & Co., Inc.’s careers page or check leading job portals for more details on this exciting opportunity.

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Don’t miss your chance to contribute to groundbreaking pharmaceutical advancements—apply now and be a part of the future of strategic forecasting!