Job Description Summary
Location: East Hanover NJ, Cambridge MA or Basel Switzerland. If applying in Europe, please refer to REQ-10066636. LI-#hybrid
The Strategy & Growth Portfolio Insights Forecasting team is seeking a new Director of Forecasting Excellence. This individual will oversee and assess transparent, evidence-based long-term forecasts and assumptions, including both modelling and the ability to generate and validate insights to support key assumptions, across the oncology solid tumor therapy area. The Director will also be able to synthesize key risk and opportunities in commercial assessments across programs and the portfolio.
Job Description
Key responsibilities:
- Is the subject matter expert in long-term revenue forecasting in Oncology Solid Tumor therapy area
- Develops and maintains indication-specific and epidemiology-based sales forecasts for pipeline and in-market brands on both an as needed and evolving basis
- Works collaboratively with the Strategy & Growth (S&G), US and International (INT) teams, as well as other cross-functional partners, to ensure market insights are integrated into forecasts, and US & INT numbers rolled into a single set of brand numbers
- Coordinates with and obtains alignment from key stakeholders, including US & INT, on critical assumptions and generating and aligning on the treatment journey.
- Identifies key risks and opportunities inherent in the forecast and employs appropriate methodologies for addressing and communicating these.
- Monitors the industry to remain informed of best practices, identifies opportunities to leverage new techniques and technologies that will enhance modelling and forecasting capabilities
- Consolidates and summarizes sales forecast assumptions, methodology, and results to all relevant systems and platforms
- Provides forecast models, assumption guidance, and training to S&G, US, INT colleagues and priority country teams
- Coaches and mentors junior colleagues
Essential Requirements:
Education:
- Bachelor’s degree in Science/Economics/ Statistics/Engineering/Business/related field required; MBA or advanced degree in one or more fields strongly preferred.
Languages:
- Fluent oral and written English, other language(s) are an additional asset
Experience/Professional requirement:
- Minimum 7 years of experience in Biotech/Pharmaceutical industry, life sciences consulting with commercial assessment experience; in-market commercial, finance, or new product planning experience strongly preferred
- Direct experience in assessing and forecasting oncology solid tumor projects
- Familiarity with epidemiology sources, IQVIA, Evaluate Pharma, claims, and other standard pharmaceutical data
- Experience incorporating big data analytics, competitive intelligence, primary & secondary market research into forecast models
- Comfortable with identifying and implementing AI solutions where appropriate
- Strong understanding of forecast methodologies, including expertise in patient-based forecast modelling, risk simulation (i.e. monte carlo)
- Expertise in translating inputs from cross-functional business partners into forecast model assumptions
- Demonstrated ability to work independently with minimal direction
- Strong project management skills, with the ability to manage multiple projects simultaneously
- Effective team building and consulting skills, with demonstrated ability to work collaboratively in cross-functional teams
- Excellent written, verbal, and presentation skills
Novartis Compensation Summary:
The salary for this position is expected to range between $185,500.00 and $344,500.00 per year.
The final salary offered is determined based on factors like, but not limited to, relevant skills and experience, and upon joining Novartis will be reviewed periodically. Novartis may change the published salary range based on company and market factors.
Your compensation will include a performance-based cash incentive and, depending on the level of the role, eligibility to be considered for annual equity awards.
US-based eligible employees will receive a comprehensive benefits package that includes health, life and disability benefits, a 401(k) with company contribution and match, and a variety of other benefits. In addition, employees are eligible for a generous time off package including vacation, personal days, holidays and other leaves.
EEO Statement:
The Novartis Group of Companies are Equal Opportunity Employers. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status.
Accessibility and reasonable accommodations
The Novartis Group of Companies are committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or to perform the essential functions of a position, please send an e-mail to us.reasonableaccommodations@novartis.com or call +1(877)395-2339 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
Salary Range
$185,500.00 - $344,500.00
Skills Desired
Agility, Agility, Business Analytics, Competitive Intelligence, Cross-Functional Collaboration, Customer Insights, Customer Orientation, Data Analysis, Databases, Data Science, Forecasting, Go-To-Market Strategy, Healthcare Sector Understanding, Influencing Skills, Innovation, Machine Learning (ML), Marketing Analytics, Market Research, Microsoft Excel, People Management, Predictive Analytics, Product Marketing, Qualitative Research, Quantitative Research, R (Programming Language) {+ 5 more}