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Job Title


Manager, Forecasting


Company : Genpact


Location : raleigh, NC


Created : 2024-04-20


Job Type : Full Time


Job Description

Role : Manager, ForecastingThe aim of our Forecasting Center of Excellence is to establish industry-leading capabilities across the core area of Forecasting, business planning, and insight generation! It will demonstrate, reapply, and advance methodologies in capabilities and operations from Global and US more broadly across geographies and Industries. The CoE also seeks to scale and deploy these capabilities in a highly efficient manner so that continuous innovation can be pursued! This for a credible Pharma forecaster who will develop short and long-term forecasts models and maintain them to reflect current data, information and assumptions. You need to seek key business issues that impact short-term and long-range product and market forecasts. Clearly and pro-actively surface these issues, incorporate the results of primary research into the forecast model(s) to reflect anticipated risks and opportunities on sales outlook by working with client partners. The candidate will also work with our Forecasting CoE and help implement the new market trends and other innovations including and not limited to application of groundbreaking ML algorithms. You also need to gain deeper insights into forecasting and sales drivers, driving automation of existing systems to reduce data leakage, sought at growing the accuracy and efficiency of the models.We are looking for someone with a mix of experience in the areas of forecasting skills with relevant experience in pharma forecasting. ResponsibilitiesEnsuring objectivity of brandtherapeutic area forecasts through establishing objectives aligned around forecast accuracy.Developing brand volume forecasts, both short-term and long-term, to cultivate into strategic and operational planning processes.Sensitivity analysis to assist in opportunity identification and risk management.Undertake strategic long-term brand and franchise forecasting and provide strategic perspective on portfolio and brand strategy, as well as new product introduction volume forecasting and mentorship.Develop a deep understanding of customers' data and analytical needs.Review sales performance, insights data, key initiatives, and new launches with brand and customer teams to ensure robust plans are in place and being executed.Develop and maintain key collaborative relationships with internal cross functional and external partners to initiate and acquire relevant data and analysis for forecast inputs.Deftly present and defend forecast approach, methodology, assumptions, and output at the executive level.Recommend and lead initiatives dedicated to the advancement and implementation of new forecast approaches and methodology.Provide increased focus on analytics and emphasize on providing valuable insights to drive improvement opportunities.Supervise the external environment to stay up to date on leading analytic capabilities, both within and outside of pharma, which can be applied within the organization.Experience in working with large datasets, derive insights and present information through visualization and reports. Required skills : Pharma mustStrategic ForecastingEpidemiology forecastingCompetitive market intelligenceData analysis, Patient analysis60% client location - 40% remote Minimum qualificationsM Pharma (or B. Pharm work experience), Masters in Business AdministrationMaster's or bachelor's relevant work experience) in engineeringMaster's degree in Statistics, Data Science, Applied Mathematics, Business Analytics, Computer Science, Information Systems, or other Quantitative field;An interest in, and some exposure to, one or more of the following tools and techniques, SQL, Tableau, Alteryx, Data processing and basic statistical methods required.Should be familiar with concepts of Machine LearningStatistical Learning. Preferred Qualification Analytical experience, Health Care and Lifesciences Industry including experience in product forecasting. In-depth knowledge of forecasting techniques and use of different forecast models and approaches.Experience in forecasting new product launch is required.Experience utilizing a range of analytics involving standard data in the Pharmaceutical Industry e.g. IQVIA (MIDAS, DDD NPA, Monthly Xponent), claims data (TRUVEN, Marketscan), Epidemiological data etcExperience in short-term and long-term forecastsAbility to provide strategic perspectiveguidance on portfolio and brand strategyAbility to integrate diverse data sources into forecast inputs and outputs.Well versed in patient modeling approachesDrive forecast processes for Rolling Business Updates (RBU), Long Range Plans (LTP), Mid Term Plans, (MTP)Good understanding of primary market research, sophisticated analytics, and competitive-intelligence.Expertise in statisticaleconometricmachine learning models like Time series modeling, regression etc. Expertise in analytical tools like PythonRExperience in MS Office - Must be a sophisticated user of PPT and ExcelProficient verbal and written communication skillsOwnership of tasks assigned without supervisory follow-upPro-activeness and passion to seek new challengesPersonal drive and positive work ethic to deliver results in demanding situationsProactive planner and can work independently to handle own responsibilities