Associate Director, Data Science
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. As we endeavor, we are seeking a dynamic talent to be a Founder, and serve in the role of Associate Director, Data Science
The position of Associate Director – Data Science functions as a functional area leader. This position is responsible for all phases of planning and executing data science related analytical projects and communicating the analytical outcomes and budget allocation strategies to internal Sales and Marketing teams. It requires the development of data-driven, profit-maximizing recommendations concerning the allocation and targeting of promotional resources through the application of quantitative methods to secondary data sources. Areas of focus include Primary Care, Specialty, Vaccines and Oncology markets.
Primary activities and responsibilities include, but are not limited to:
Leads the functional area that analyze sales impact and optimize the resource allocations of Health Care Consumer (HCC) traditional and digital promotions for our company's Business Unit
Responsible for autonomously developing all phases of project planning and execution of those projects.
Analyze various patient claims and EMR data sources to understand patient behavior in support of consumer promotions planning.
Build and analyze behavioral segments, Promotional Response models, Return on Investments, impact assessment for physician- and patient-directed promotional programs and Marketing Mix models, Optimal promotional sequences to determine business impacts of various Health Care Provider (HCP) and Health Care Consumer (HCC) promotions.
Collect, synthesize and analyze various pharmaceutical and business intelligence data sources and recommend analytically driven optimal HCP and HCC channel budgets.
Communicate effectively with cross-functional teams and internal clients such as marketing brand leaders, center of excellence teams, senior management etc., to stay abreast of business trends, understand the business issues and develop relevant business intelligence and analytical solutions.
Analyze competitive market strategies through evaluation of relevant pharmaceutical markets, products and market shares.
Generate standard or custom reports and presentations summarizing business and financial data for review by executives, managers, clients, and other stakeholders.
Design and build software tools to streamline statistical and operations research based advanced analytical methods.
Analyze industry and technology trends to identify target markets for launch products or to improve sales of existing products. Research and apply emerging analytical methods and tools such as Machine Learning, Deep Learning, Advanced Statistical methods, Cloud Computing in Amazon Web Server (AWS), Python, R etc., to measure promotional impacts and optimal budget allocations.
The Primary Activities include:
Directly influence decisions concerning the amount, allocation and targeting of promotional resources
Projects are product-specific, including new and in-line products, and/or focused on issues spanning multiple products
Challenged to synthesize information about therapeutic markets and their products, current marketing and sales practices, best practice marketing concepts, and pertinent market data to develop actionable promotion resource allocation recommendations
This position resides within the Promotion Optimization team within the Commercial Investment Optimization (CIO), Commercial Analytical Solutions (CAS) division of Human Health Insights Analytics and Data (HHIAD) organization.
Master of Science (MS) in Management Science, Business Analytics, Statistics or closely related field with THREE years of experience.
Bachelor of Science (BS) in Management Science, Business Analytics, Statistics or closely related field with FIVE years of experience.
Knowledge and Skills:
The candidate will have a minimum of MS with three years OR BS with five years of experience in developing and applying analytics solutions and client communications to solve business challenges related to health cate industry
Knowledge in analyzing sales impact of promotional campaigns such as Linear TV, Streaming TV, Over-the-Top (OTT), Radio, Mobile, Display, Social, Point of Care, Paid & Organic search etc. that are directed at Health Care Consumers (HCC) is required.
Working knowledge of SAS, R, Python and Excel are required.
Understanding of the Health Care or Pharmaceutical industry and knowledge in using various 3rd party data sources, such as IMS Exponent and/or Longitudinal Patient Level Data are necessary.
The candidate will also have demonstrated strong client and project management experience, having to manage multiple analytical projects simultaneously and foster collaboration with colleagues.
The candidate will have knowledge managing cross-functional teams and/or outside service providers to successfully deliver on analyses with multiple contributors and stakeholders.
Superior communication and leadership skills are critical in order to develop, propose and convey technical concepts to business customers. Candidate must have demonstrated skills in developing concise and decision driven presentations that will inform decisions made by Senior Leaders.
Preferred Knowledge and Skills:
Five plus years of relevant working knowledge in commercial analytics within pharmaceutical industry or candidate with a PhD in relevant quantitative field.
Analyzing HCP and Consumer Digital marketing promotions.
Using Real World health data to derive patient specific insights.
Leveraging geo-spatial data and statistical / machine learning models to predict consumer behavioral patterns and enhance healthcare consumer targets is strongly preferred
Working with web data to understand consumer behavior.
Working knowledge of Python, SQL and various analytical and data mining tools.
Applying advanced statistical methods, machine learning, linear and non-linear optimization techniques to address business questions.
Developing and applying metrics related to health care consumer’s medication affordability, adherence and abandonment using longitudinal patient level data.
Working with one or more of the following advanced techniques is desirable: Bayesian data analysis, longitudinal analysis of time series cross sectional data, repeated measures modeling, Hierarchical Linear Modeling, Machine Learning and Data Mining techniques, temporal sequence mining, Neural Networks, Deep Learning, Classification and Regression Trees (CART) and/or Discrete Choice Models.
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.
Who we are …
We are known as Merck & Co., Inc., Rahway, New Jersey, USA in the United States and Canada and MSD everywhere else. For more than a century, we have been inventing for life, bringing forward medicines and vaccines for many of the world's most challenging diseases. Today, our company continues to be at the forefront of research to deliver innovative health solutions and advance the prevention and treatment of diseases that threaten people and animals around the world.
What we look for …
Imagine getting up in the morning for a job as important as helping to save and improve lives around the world. Here, you have that opportunity. You can put your empathy, creativity, digital mastery, or scientific genius to work in collaboration with a diverse group of colleagues who pursue and bring hope to countless people who are battling some of the most challenging diseases of our time. Our team is constantly evolving, so if you are among the intellectually curious, join us—and start making your impact today.
NOTICE FOR INTERNAL APPLICANTS
In accordance with Managers' Policy - Job Posting and Employee Placement, all employees subject to this policy are required to have a minimum of twelve (12) months of service in current position prior to applying for open positions.
If you have been offered a separation benefits package, but have not yet reached your separation date and are offered a position within the salary and geographical parameters as set forth in the Summary Plan Description (SPD) of your separation package, then you are no longer eligible for your separation benefits package. To discuss in more detail, please contact your HRBP or Talent Acquisition Advisor.
New hires in office-based roles in the US & Puerto Rico will be required, subject to applicable law, to demonstrate that they have been fully vaccinated for COVID-19 or qualify for a medical or religious exemption to this vaccination requirement that can be accommodated without an undue burden to the operation. However, subject to applicable law, employees working in roles that the Company determines require routine collaboration with external stakeholders, such as employees in health services, customer facing commercial, or research based roles, will be required to be fully vaccinated as a condition of employment.
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We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s 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 pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Flexible Work Arrangements:Flex Time, Work Week
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Number of Openings:1