2027 Future Talent Program - International Pricing Analytics - Intern

MSD; Rahway (NJ); On-site; USD 40,000 - 111,000; Full time

Job summary

Merck & Co., Inc. in Rahway, NJ, invites applications for the International Pricing Analytics Intern role. The intern will partner with Pricing to quantify and communicate the value of pricing decisions across product lifecycles.

Responsibilities include developing methodologies, dashboards, and KPIs to measure impact on revenue, access, and portfolio performance, with cross-functional collaboration across Pricing, Market Access, Finance, and Commercial teams.

Qualifications

• Pursuing bachelor’s or master’s degree in a relevant 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.

Responsibilities

• Design a methodology to quantify value from International Pricing recommendations.
• Develop KPIs to measure revenue preservation from pricing strategy decisions.
• Build dashboards and reports for pricing impact at product, market, regional levels.
• Map pricing workflows and identify opportunities to automate data collection and reporting.
• Engage stakeholders to translate pricing concepts into clear business insights.
• Deliver a documented International Pricing Value Framework and governance recommendations.

Skills

Analytical thinking

Excel

Data analysis

Written and verbal communication

Project management

Education

Bachelor's or Master's in Business Analytics, Economics, Finance, Data Science, Health Economics, Market Access, Public Health, Industrial Engineering or related field

Tools

Power BI

Tableau

SQL

Python

R

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

• 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

• 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.

Salary Range

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

US and Puerto Rico Residents Only

US and Puerto Rico Residents Only:

Inclusion and Equal Opportunity

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities.

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.

Employment Details

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

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.

Company Overview

Our company is a global health care leader with a diversified portfolio of prescription medicines, vaccines and animal health products. The difference between potential and achievement lies in the spark that fuels innovation and inventiveness; this is the space where we have codified our legacy for over a century. Our success is backed by ethical integrity, forward momentum, and an inspiring mission to achieve new milestones in global healthcare.