Business Development Analyst - Temp

Penumbrainc; Alameda (CA); On-site; USD 74,390 - 88,166; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

401(k) with employer match

Paid parental leave

Vacation accrual

Job summary

Penumbra, Inc. in Alameda, CA is seeking a Business Development Analyst to support new growth strategies through market analyses and opportunity evaluation.

The role involves due diligence, financial and market modeling, and preparing executives for strategic decisions. The candidate will analyze technologies, partnerships, and potential ventures, while coordinating with marketing, finance, and R&D to align on priorities and pipeline strategy.

Qualifications

• Bachelor's degree in Biomedical Engineering or related field with 2+ years of experience, or equivalent combination of education and experience.
• Advanced degree preferred.
• Engineering, science or healthcare background and experience.
• Strong interpersonal and written communication skills.
• Excellent organizational skills and ability to manage multiple workstreams simultaneously.
• Strong financial modeling, valuation analysis, and market modeling capabilities.
• Excellent analytical and problem-solving skills and a high degree of intellectual curiosity.
• High degree of accuracy and attention to detail.
• Proficiency with MS Word, Excel, and other standard office tools.

Responsibilities

• Conduct market, technology, and competitive analyses to identify and evaluate new business development opportunities.
• Maintain and optimize internal infrastructure to monitor and track strategic opportunities.
• Build market models, valuation analyses, and financial models to support business and capital allocation decisions.
• Assist with due diligence and synthesize findings into presentations for executive-level discussions.
• Develop understanding of Penumbra’s current product portfolio, target end markets, and pipeline priorities.
• Collaborate with marketing, finance, R&D and other business functions to align strategies.

Skills

Interpersonal skills

Written communication

Organizational skills

Multi-tasking

Financial modeling

Valuation analysis

Market modeling

Analytical thinking

Attention to detail

Problem solving

Education

Bachelor's degree in Biomedical Engineering or related field with 2+ years of experience

Advanced degree preferred

Tools

MS Word

Excel

Job description

The Business Development Analyst supports Penumbra’s new business growth strategy through in-depth market analysis and new opportunity evaluation. Reporting to the Director, Business Development and working collaboratively with the Corporate Strategy team, this role evaluates new technologies, partnerships, and other business opportunities and is responsible for assisting with the management of due diligence, financial and market modeling, and valuation analysis.

What You’ll Work On

• Conduct market, technology, and competitive analyses to support identification and evaluation of new business development opportunities
• Maintain and continue to optimize internal infrastructure to monitor and track strategic opportunities
• Build market models, valuation analyses, and financial models to support business and capital allocation decisions
• Assist with due diligence and synthesize findings into presentations for executive-level discussions
• Build a strong understanding of the company’s current product portfolio, target end markets, and pipeline priorities to better inform strategic decisions and direction
• Partner and maintain effective communication and alignment with marketing, finance, R&D and other business functions

What You Contribute

• A Bachelor's degree in Biomedical Engineering or related field with 2+ years of experience, or equivalent combination of education and experience
• Advanced degree preferred
• Engineering, science or healthcare background and experience
• Strong interpersonal and written communication skills
• Excellent organizational skills and ability to manage multiple workstreams simultaneously
• Strong financial modeling, valuation analysis, and market modeling capabilities
• Excellent analytical and problem-solving skills and a high degree of intellectual curiosity
• High degree of accuracy and attention to detail
• Proficiency with MS Word, Excel, and other standard office tools

Working Conditions

General office environment. Willingness and ability to work on site. May have business travel from 0% - 5%. Requires some lifting and moving of up to 10 pounds. Must be able to move between buildings and floors. Must be able to remain stationary and use a computer or other standard office equipment, such as a printer or copy machine, for an extensive period of time each day. Must be able to read, prepare emails, and produce documents and spreadsheets. Must be able to move within the office and access file cabinets or supplies, as needed. Must be able to communicate and exchange accurate information with employees at all levels on a daily basis.

Base Pay Range Per Hour

$53.85 – $63.85 / hour

Individual compensation will vary based on factors such as qualifications, skill level, competencies, work location and shift, and will increase over time based on meeting performance and business needs.

What We Offer

• A collaborative teamwork environment where learning is constant, and performance is rewarded.
• The opportunity to be part of the team that is revolutionizing the treatment of some of the world’s most devastating diseases.
• A generous benefits package for eligible employees that includes medical, dental, vision, life, AD&D, short and long-term disability insurance, 401(k) with employer match, paid parental leave, eleven paid company holidays per year, a minimum of fifteen days of accrued vacation per year, which increases with tenure, and paid sick time in compliance with applicable law(s).

Penumbra, Inc., headquartered in Alameda, California, is a global healthcare company focused on innovative therapies. Penumbra designs, develops, manufactures, and markets novel products and has a broad portfolio that addresses challenging medical conditions in markets with significant unmet need. Penumbra sells its products to hospitals and healthcare providers primarily through its direct sales organization in the United States, most of Europe, Canada, and Australia, and through distributors in select international markets. The Penumbra logo is a trademark of Penumbra, Inc.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, age, disability, military or veteran status, or any other characteristic protected by federal, state, or local laws.

If you reside in the State of California, please also refer to Penumbra's Privacy Notice for California Residents.

For additional information on Penumbra’s commitment to being an equal opportunity employer, please see Penumbra's AAP Policy Statement.