2X Director Forecasting, Current Products

10 major new medicines planned for launch over the next few years creating new career opportunities for those who want to make a direct impact on patients at scale. <br><br>The Director, Forecasting - New Products will be responsible for developing commercial demand forecasts for pipeline and launching products as well as completing opportunity assessments for life cycle management. This role brings specific therapeutic area in-depth expertise, analytical instinct, strategic thinking, and project management skills to communicate the value assessment of new assets and flag appropriate risks and opportunities. This role will leverage content knowledge when completing analytics requests and enable the business organization to drive optimal decisions on investments. The Director, Forecasting will produce models and methods of analysis to be used by the Business in answering key business questions related to the launch. This role will report to the Exec Director, Forecasting within the Data Insights and Analytics (DIA) Organization <br><br><b>Major Accountabilities (may include but not limited to):</b><br>The Director, Forecasting Analytics will be responsible for the following:<br>•Build realistic, transparent, and assumption-driven demand forecasts. Challenge assumptions and apply forecasting methodologies to support the brand strategy<br>•Prepare robust forecast assumptions leveraging expertise and analogs from in-line Forecasting team and research from Insights and Analytics team<br>•Ensure that value assessment addresses the impact of key market dynamics and internal events, are logically designed and well documented<br>•Support launch preparations and guide the teams to set up clear post-launch performance tracking by creating and monitoring the short-term revenue forecasts, comparable to actuals in future, and recommending adjustments when applicable<br>•Consistent delivery of analytics that drive informed decision making, including the definition and development of models to be used in answering business and operational questions<br>•Adopting and executing new and innovative analytics offerings for untapped opportunities; Enabling automation of routine measurements <br>•Perform ad-hoc queries for leadership across all functions; be an internal expert and resource<br>•Maintaining accountability for high quality, timely service delivery of forecasting analytic service requests, including requests for solutions requiring sophisticated statistical and machine learning approaches<br><br><i>This position will be located at the East Hanover, NJ site and will not have the ability to be located remotely.</i><br><br>The pay range for this position at commencement of employment is expected to be between $192,000 and $288,000 per year; however, while salary ranges are effective from 1/1/23 through 12/31/23, fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills and abilities. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.<br><br>[#video#https://youtu.be/Mo1vwtVPVA0{#400,300#}#/video#]