Manager, Market Modeling, Analytics & Insights

Requisition ID: 66773

Date: Aug 21, 2024

Location:

Exton, Pennsylvania, US

Department: Marketing

Description:

This position is a hybrid role located in our Exton, PA office. Candidates applying must be residing within a 50 mile radius to the location or willing to relocate.

Who We Are:

At West, we’re a dedicated team that is connected by a purpose to improve patient lives that has been at the center of our Company for more than a century. Our story began when Herman O. West solved the problem of supplying penicillin in mass quantities to the US Government during World War 2. Through our work to deliver thousands of life-saving and life-enhancing injectable medicines to millions of patients daily, West’s indelible mark on the healthcare industry has just begun. A name started our story. How will yours help write our future?

There’s no better place to join an inclusive community of professionals with opportunities for lifelong learning, growth and development. Supported by benefit programs, we empower the physical, mental, emotional and financial health of our team members and their families.

We believe in giving back to help those in need in the communities where we live and work. And are equally committed to creating a healthier environment and planet through our sustainability efforts.

Job Summary:

The Manager, Market Modeling, Analytics & Insights will contribute to West's vision to enhance its global market knowledge and insights by leading efforts in the improvement and application of a Global Demand Model for market sizing, market forecasting, and market dynamics. This role will help drive the tracking, reporting and analysis of the industry drug product pipeline including West’s participation in the pipeline. This role is integral to supporting West's growth planning process through forecast modeling. Partnering with key stakeholders, this highly collaborative role will help to translate data into appropriate narratives that articulate needed business insights.

Essential Duties and Responsibilities:

• Lead efforts around the application of advanced analytics to deliver commercially focused insights and solutions that enable scenario planning, market sizing, and determining financial impact. Clearly communicate and translate those insights to internal stakeholders across the organization.

• Partner with the Market Intelligence team to architect the integration of internal and external sources, creating the ability to track opportunities in the pipeline, help automate West involvement on approved drugs, and pull all associated information into SAP.

• identify, quantify, and present key trends across the industry and develop predictive models and forecasts using structured and unstructured data. You will develop data procedures and policies, and work closely with various departments to collect, prepare, organize, protect, and analyze data assets while ensuring the company meets industry best practices.

• You will analyze trends in financial data, population health, and other healthcare sources to implement improvements to forecasts, market analyses, and ensure best-in-class insights.

• Cultivate transparent and robust working relationships across the organization, ensuring open communication about the measurement of financial, data-driven, and impact performance milestones against stated goals.

• Lead collaboration with D&T to ensure outputs and deliverables align with Commercial needs.

• Other duties as assigned.

Basic Qualifications:

• Education or Equivalent Experience:

• Bachelor’s degree in Economics, Finance, Data Analytics, or other quantitative field or equivalent experience

• Experience:

• 8-10 years of experience in statistical analysis and data analytics

Preferred Knowledge, Skills, and Abilities:

• Knowledge of Bayesian principles preferred

• Familiarity with procedures, shrinkage methods such as lasso, logistic regression, ROC curves and confusion matrix, resampling techniques, boosting, neural networks & deep learning

• CRM/SAP/Power BI

• Must be business savvy and have the ability to grasp and teach novel business models and strategic plans of the enterprise.

• Highly adept and capable of building and maintaining trusting partnerships and relationships across the board with cross-functional partners, company vendors, and customers.

• Proficient in statistical methods, applied econometrics, economic theory of behavior.

• Skilled in Python, Statistical Computing with R, SAS, or other programming languages.

• Strong knowledge in multiple regression, cross validation, variable selection, knowledge of decision tree and random forest approaches, knowledge of logit and probit models

• Must have demonstrable experience in predictive modeling using automatic tools (classroom exercises allowed)

• Able to be aware of all relevant SOPs as per Company policy as they are related to the position covered by this Job Description

• Able to comply with the company’s safety and quality policies at all times.

Travel Requirements:

• Must be able to travel up to 10% of the time, including internationally

Physical and Mental Requirements:

• Sedentary - exerting force occasionally, and/or negligible amount of force frequently or constantly carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met

• Able to routinely use standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines

• Must be able to communicate effectively with written and oral skills, make quick decisions, interpret data, read & write, speak in front of groups, express & exchange ideas, understand direction and adhere to procedures

• Organizational skills will enable planning, prioritization & achievement of goals especially of importance for the successful execution of related activities

• Position operates in a professional office environment. May stand or sit for extended periods of time

• Read and interpret data, information and documents

• Must maintain the ability to work well with others in a variety of situations

• Must be able to multi-task, work under time constraints, problem solve, and prioritize

• Ability to make independent and sound judgments

• Observe and interpret situations, analyze and solve problems

#LI-DJ1

West embraces diversity and equality of opportunity. We foster an environment where all individuals are safe, treated fairly, valued and respected. We do not discriminate on the basis of race, religion, color, national origin, gender, sex, gender identity, sexual orientation, age, marital status, veteran status, disability status or other applicable legally protected characteristics. Where permitted by law, employment with West Pharmaceutical Services, Inc. or any of its subsidiary or affiliate companies, is contingent upon the satisfactory completion of post-offer background screening and/or drug screening.