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Job Details

Director Forecasting - Remi


Executive Director


East Hanover, New Jersey, United States

Director Forecasting - Remi

Job ID


Jan 29, 2024


About the Role

The ideal location for this role is East Hanover, NJ

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, US Forecasting within the Data Insights and Analytics (DIA) Organization

What you will be responsible for:

The Director, Forecasting Analytics will be responsible for the following:

•Build realistic, transparent, and assumption-driven demand forecasts. Challenge assumptions and apply forecasting methodologies to support the brand strategy.

•Prepare robust forecast assumptions leveraging expertise and analogs from in-line Forecasting team and research from Insights and Analytics team

•Ensure that value assessment addresses the impact of key market dynamics and in-ternal events, are logically designed and well documented

•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

•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

•Adopting and executing new and innovative analytics offerings for untapped opportunities; Enabling automation of routine measurements

•Perform ad-hoc queries for leadership across all functions; be an internal expert and resource

•Maintaining accountability for high quality, timely service delivery of forecasting ana-lytic service requests, including requests for solutions requiring sophisticated statistical and machine learning approaches

Diversity & Inclusion / EEO

The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.

Role Requirements

What will you bring to the role?

Undergraduate degree in business, or STEM major required.

•10 years of experience in biotech / pharmaceutical industry (in branded business)/ data insights and analytics with at least 4 years of Pharma Forecasting experience highly preferred

•Experience supporting both pipeline and marketed product(s) preferred

•Ability to work with many cross-functional partners, excellence in consensus building and communicating uncertainty, and be able to explain issues from aggregate trends to modeling mechanics

•Proven experience working with pharmaceutical datasets (Rx, APLD, etc)

•Experience using data to support business decisions, return on investment/ financial modelling, and statis-tical analysis

•Proven self-starter with high standards of excellence and an innovative mind

•Strong interpersonal, communication, and analytical skills

•Ability to manage multiple projects and consistently meet deadlines

•Excellent PowerPoint and Excel skills

Why Novartis: Our purpose is to reimagine medicine to improve and extend people’s lives and our vision is to become the most valued and trusted medicines company in the world. How can we achieve this? With our people. It is our associates that drive us each day to reach our ambitions. Be a part of this mission and join us! Learn more here:

You’ll Receive: You can find everything you need to know about our benefits and rewards in the Novartis Life Handbook.

Commitment to Diversity & Inclusion: Novartis is committed to building an outstanding, inclusive work environment and diverse teams' representative of the patients and communities we serve.

Accessibility and Reasonable Accommodations: Individuals in need of a reasonable accommodation due to a medical condition or disability for any part of the application process, or to perform the essential functions of a position, please send an e-mail to [email protected] or call +1 [Register to View] and let us know the nature of your request and your contact information. Please include the job requisition number in your message.

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 re-serves 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.

Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here:



Business Unit





East Hanover, NJ

Company / Legal Entity

Novartis Pharmaceuticals

Functional Area


Job Type

Full Time

Employment Type


Shift Work