Associate Director, Strategic Forecasting

Caraway Therapeutics, Inc.; United States; Hybrid; USD 157,000 - 247,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) retirement plan

Paid holidays and vacation

Sick days and personal time

Annual bonus potential

Long-term incentive

Job summary

Caraway Therapeutics, Inc. is seeking an Associate Director of Strategic Forecasting Insights to develop strategic forecasts for multiple assets and indications, interpret implications, and communicate insights to drive marketing strategy.

You will partner with Market Research, Data Science, and Payer Analytics within a matrixed team and act as a core forecast lead. The ideal candidate has deep forecasting expertise across methodologies, strong business understanding in oncology/pharma, and a

Qualifications

• Minimum 5+ years delivering complex analytics in pharma/biotech using market data.
• Experience building forecast models and analytics (scenario analysis, business cases).
• Strong cross-functional, matrixed team collaboration and leadership.
• Ability to lead varied teams and manage ambiguity effectively.
• Self-motivated, proactive, and able to work independently; lead without authority.
• Ability to translate business questions into testable hypotheses and clear requirements.

Responsibilities

• Determine forecast modeling approaches and tools for assets/indications.
• Collaborate with Marketing Engagement, Market Research, Data Science and Payer Analytics to shape insights.
• Develop and deliver forecasts aligned with enterprise forecasting processes across US/India teams.
• Monitor actual performance vs forecast and explain drivers.
• Align inputs/outputs with Marketing, Market Access and Finance for each cycle.
• Lead forecasting insights to support business strategy and decisions.
• Work within a matrixed organization to ensure One Team culture.
• Communicate forecasting process, inputs, insights, and updates clearly to stakeholders.
• Foster problem solving with DHH and commercial teams on key questions.
• Build trusted partnerships with business partners and other insight teams.
• Travel may be required (<20%).

Skills

Building Trust

Business Acumen

Stakeholder Management

Cross-Functional Leadership

Scenario Modeling

Strategic Thinking

Influencing Skills

Growth Mindset

Education

Undergraduate degree in related discipline

Job description

Job Description

Associate Director, Strategic Forecasting Insights

The Associate Director, Strategic Forecasting Insights, will be responsible for developing strategic forecasts for a set of products and indications, as well as interpreting implications, developing insights, and communicating these to the business to help action the marketing strategy. The individual in this role will work extremely closely with other Digital Human Health (DHH) functions, including Market Research, Data Science, and Payer Analytics to build a strong perspective on the market and asset situation and thus the inputs to the strategic forecast. She/he will also work very closely across a range of commercial stakeholders, including Global and Regional Marketing, Market Access, and Finance. The individual will be an independent contributor but will partner very closely with other forecasting colleagues in a matrixed structure to develop and deliver forecasting insights. She/he will act as a core point of contact regarding development of product and indication forecasts and forecast-related insights.

The ideal candidate will have a deep understanding of and experience across a range of forecasting methodologies, as well as a strong understanding of their respective business area (oncology, pharma, or vaccines). They will have demonstrated the ability to quarterback highly cross-functional teams across forecasting, market research, and data science, and shown an aptitude for partnering closely with business and finance teams. They will also have an entrepreneurial spirit, consultative mindset, and strong understanding of the available data landscape and sources of insight. This person will help scope, design, and deliver well-defined forecasting projects (including periodic forecasting cycles) and insights.

This role will require interfacing and collaborating with many teams. The candidate will have demonstrated consistently strong leadership skills, as well as the ability to work independently. The person will be required to have a growth mindset and embody a culture of continuous learning. Strong communication skills are essential for a candidate to be successful in this role.

Primary Responsibilities:

• Working closely with the Strategic Forecasting Insights Director, determine appropriate forecast modeling approaches, tools, and techniques for your respective asset(s) and/or indication(s).
• Partner closely with Marketing Engagement, Market Research, Data Science, Payer Analytics, and other DHH functions on a continual basis to develop appropriate insights strategies and plans to have the necessary inputs for strategic forecasting.
• Develop and deliver the forecasts and forecasting insights for the forecasting cycles aligned with our Company enterprise forecasting process, working closely across a matrixed team including both US and India-based colleagues.
• Support ongoing understanding of and engagement with the business regarding actual performance against forecast, including what is driving it.
• Engage closely with the business (Marketing, Market Access) and Finance in aligning on inputs, outputs, and the overall forecasting insights for each cycle.
• Bring a range of forecasting capabilities in addressing business strategy and decision-making.
• Partner closely with others in a highly matrixed organization, including across large teams, ensuring we always operate as One Team.
• Drive frequent, clear communication around the forecasting process, inputs, insights, and other related topics to ensure your business and DHH partner stakeholders are aligned.
• Enable interconnected problem-solving with other DHH functional colleagues and business colleagues around targeted business questions.
• Be a thought leader and strategic partner for our business partners via the establishment of close, trust-based relationships.
• Understand business stakeholders' priorities and help develop strategic forecasting-related solutions that support business objectives in collaboration with the broader commercial insight teams.
• Travel may be required (<20%).

Education Minimum Requirements:

• Undergraduate degree in related discipline required

Required Experience and Skills:

• Minimum of 5+ years of relevant delivery of complex analytical projectsin the pharmaceutical/biotech industry using market research and/or large patient or physician databases.
• Experience in developing forecast models and/or related analytics (e.g., scenario analysis, business case development, etc.)
• Experience working in highly cross-functional, matrixed teams. Demonstrated ability to collaborate and lead with empathy and compassion.
• Experience leading varied groups of work colleagues and positively managing ambiguity.
• Self-motivated, proactive, ability to work independently and collaborate seamlessly. Lead without authority.
• Ability to understand business process and break down business questions into specific, tangible hypotheses and requirements to guide analysis. Excellent problem-solving skills with an appreciation for data oriented analytical methods.
• Ability to operate in an unstructured environment and have strong organizational skills to create structure and clarity. Ability to prioritize work efficiently and effectively to get things done.
• Excellent interpersonal and communication skills.

Preferred Experience and Skills:

• Therapeutic area experience (for the respective TA of oncology, vaccines, or pharma/rare).
• Advanced forecasting experience, including developing different types of models (patient-based, trend-based, etc.), developing advanced scenarios and simulations, and deeply understanding the nuances of modeling for the respective TA
• Consultative business partner experience (either within a company or as a consultant)
• Prior experience in functions that this person will be partnering closely with, including Marketing, Market Access, Finance, Market Research, Data Science, or Payer Analytics.

Required Skills:

• Building Trust
• Building Trust
• Business Acumen
• Business Alignment
• Business Analysis
• Business Consulting Services
• Business Decisions
• Competency Management
• Cross-Functional Project Management
• Growth Mindset
• Influencing Skills
• Influencing Without Authority
• Management Consulting
• Marketing
• Matrix Management
• Numerical Analysis
• Scenario Modeling
• Scenario Planning
• Stakeholder Management
• Stakeholder Relationship Management
• Strategic Alignment
• Strategic Alliances
• Strategic Analysis
• Strategic Consulting
• Strategic Planning
• {+ 1 more}

US and Puerto Rico Residents Only:

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.

Employee Status:

Regular

Flexible Work Arrangements:

Hybrid

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:

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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.

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The salary range for this role is
$156,900.00 - $247,000.00

This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An employee’s position within the salary range will be based on several factors including, but not limited to relevant education, qualifications, certifications, experience, skills, geographic location, government requirements, and business or organizational needs.

The successful candidate will be eligible for annual bonus and long-term incentive, if applicable.

We offer a comprehensive package of benefits. Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days. More information about benefits is available at https://jobs.merck.com/us/en/compensation-and-benefits .

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