2027 Future Talent Program - International Pricing Analytics - Intern

Merck

Rahway (NJ)

Ibrido

USD 40.000 - 111.000

Tempo pieno

4 giorni fa
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Vantaggi offerti da questo lavoro

Hybrid work arrangement

Descrizione del lavoro

Merck & Co., Rahway, NJ invites you to join the Future Talent Program as an International Pricing Analytics Intern for up to 12 weeks. You will partner with the International Pricing team to design a data-driven framework that quantifies value created by pricing actions across the product lifecycle.

You'll develop methodologies, dashboards, and KPIs, work with cross-functional teams, and help communicate how pricing influences revenue, access, and launch sequencing.

Competenze

  • Pursuing a bachelor's or master's in business analytics, economics, finance, data science, health economics, market access, public health, industrial engineering or related field
  • Strong analytical and problem-solving skills
  • Experience with Excel and data analysis
  • Effective written and verbal communication skills
  • Ability to manage multiple projects and work independently
  • Preferred: Power BI, Tableau, SQL, Python or R
  • Interest in pharmaceutical pricing, market access, health economics, or healthcare strategy
  • Familiarity with KPI development and business process improvement

Mansioni

  • Design a methodology to quantify the value generated through International Pricing recommendations and interventions.
  • Develop KPIs that measure revenue preservation, value from PAR recommendations, IRP risk mitigation, launch sequencing, pricing strategy adoption, and access outcomes.
  • Collect and consolidate data from pricing systems, PAR records, forecasts, market submissions, and business cases.
  • Develop analytical models to estimate financial and strategic value created by pricing decisions.
  • Build dashboards and reports visualizing pricing impact at product, market, regional, and portfolio levels.
  • Map current workflows, identify opportunities to automate data collection and reporting activities.
  • Document processes and create user guides for future maintenance of the system.
  • Conduct stakeholder interviews to understand decision-making processes and align on success metrics.
  • Present findings, recommendations, and prototypes to leadership.
  • Deliver final deliverables including an International Pricing Value Framework and a KPI dashboard.

Conoscenze

Analytical skills
Problem-solving
Excel
Data analysis
Written and verbal communication
Project management
Power BI
Tableau
SQL
Python
R

Formazione

Bachelor's/Master's in relevant field

Strumenti

Power BI
Tableau
SQL
Python
R

Descrizione del lavoro

Job Description

The Future Talent Program features internships that last up to 12 weeks and will include one or more projects. These opportunities in our Human Health Division can provide you with great development and a chance to see if we are the right company for your long-term goals. The International Pricing Analytics Intern will partner with the International Pricing team to design and implement a data-driven framework that quantifies, tracks, and communicates the value created by International Pricing in shaping global pricing decisions. The intern will develop methodologies, dashboards, and business metrics that demonstrate how pricing recommendations influence revenue, access, launch sequencing, pricing risk mitigation, and overall portfolio performance. This role combines strategic business analysis, pricing analytics, process mapping, and data visualization. The intern will work cross-functionally with Pricing, Market Access, Finance, Commercial, and Regional teams to establish a sustainable system for measuring the impact of International Pricing activities across the product lifecycle.

Key Responsibilities
Value Measurement Framework Development
  • Design a methodology to quantify the value generated through International Pricing recommendations and interventions.
  • Develop key performance indicators (KPIs) that measure
  • Revenue preservation from pricing strategy decisions
  • Value generated through PAR recommendations
  • International Reference Pricing (IRP) risk mitigation
  • Launch sequencing optimization
  • Pricing strategy adoption rates
  • Access and reimbursement outcomes influenced by pricing guidance
  • Create a repeatable process for measuring realized versus projected impact.
Analytics & Data Management
  • Collect and consolidate data from pricing systems, PAR records, forecasts, market submissions, and business cases.
  • Develop analytical models to estimate financial and strategic value created by pricing decisions.
  • Build dashboards and reports that visualize pricing impact at product, market, regional, and portfolio levels.
  • Identify trends and drivers influencing pricing outcomes.
Process Mapping & Improvement
  • Map current International Pricing workflows and decision points.
  • Identify opportunities to automate data collection and reporting activities.
  • Recommend enhancements to improve transparency, consistency, and efficiency in measuring team contributions.
  • Document processes and create user guides for future maintenance of the system.
Stakeholder Engagement
  • Conduct interviews with International Pricing team members and key stakeholders to understand decision-making processes.
  • Gather business requirements and align stakeholders on success metrics.
  • Present findings, recommendations, and prototypes to leadership.
  • Translate complex pricing concepts into clear business insights.
Final Deliverable
  • A documented International Pricing Value Framework
  • A KPI dashboard and reporting tool
  • A methodology for estimating financial and strategic value creation
  • Recommendations for ongoing tracking and governance
  • Executive-level presentation summarizing findings and impact
Preferred Project Outcomes
  • How much value has International Pricing created through PAR recommendations?
  • What revenue has been protected through IRP risk mitigation?
  • How often do pricing recommendations influence final decisions?
  • Which pricing interventions have the greatest business impact?
  • What metrics best demonstrate the strategic contribution of International Pricing?
  • How can value creation be consistently tracked over time?
Success Metrics
A Successful Intern Will
  • Develop a measurable framework accepted by International Pricing leadership.
  • Create a sustainable dashboard that can be maintained after the internship.
  • Quantify historical and prospective value generated by pricing activities.
  • Identify actionable opportunities to improve visibility into pricing decision impact.
  • Deliver recommendations that support strategic business decision-making.
Required Qualifications
  • Pursuing a bachelor's or master's degree in: Business Analytics, Economics, Finance, Data Science, Health Economics, Market Access, Public Health, Industrial Engineering or related field
  • Strong analytical and problem-solving skills.
  • Experience with Excel and data analysis.
  • Effective written and verbal communication skills.
  • Ability to manage multiple projects and work independently.
Preferred
  • Experience with Power BI, Tableau, SQL, Python, or R.
  • Interest in pharmaceutical pricing, market access, health economics, or healthcare strategy.
  • Familiarity with KPI development and business process improvement.
  • Experience creating dashboards and executive presentations.

Please note that this position may be closed before the posted end date or may remain open longer, at the discretion of the company.

Salary Range

The salary range for this role is $39,908 - $111,111 USD.

FTP2027

HH2027

Requirements

As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics.

As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities.

For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit:

EEOC Know Your Rights

EEOC GINA Supplement

We are proud to be a company that embraces the value of bringing together, talented, and committed people with diverse experiences, perspectives, skills and backgrounds.

The fastest way to breakthrough innovation is when people with diverse ideas, broad experiences, backgrounds, and skills come together in an inclusive environment.

We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively.

Learn more about your rights, including under California, Colorado and other US State Acts

San Francisco Residents Only:

We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance

Los Angeles Residents Only:

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles Fair Chance Initiative for Hiring Ordinance

Search Firm Representatives Please Read Carefully

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.

Employee Status

Intern/Co-op (Fixed Term)

Relocation:

No relocation

VISA Sponsorship

No

Travel Requirements

No Travel Required

Flexible Work Arrangements

Hybrid

Shift

Not Indicated

Valid Driving License

No

Hazardous Material(s)

n/a

Job Posting End Date

11/13/2026

  • A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.
Requisition ID:

R420041

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