Director, Forecasting - Inline Brands
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About this opportunity
#LI-Hybrid This position will be located at East Hanover, NJ and will not have the ability to be located remotely. This position will require travel as defined by the business (domestic and/ or international).Job description summaryThe US Insights & Analytics (I&A) organization engineers the optimal decision environment for the US business by orchestrating, integrating, and synthesizing insights and analytics across therapeutic areas, functions, and the enterprise. Enterprise I&A drives enterprise decision environments through integrated executive analytics and portfolio insights that enable the organization to prioritize investments, track performance, and shape strategic direction. The Director, Forecasting will be responsible for strategic demand forecasts for inline brands as well as completing opportunity assessments for life cycle management. This role brings specific therapeutic area in-depth expertise, analytical instinct, strategic thinking, and project management skills to communicate the value assessment of new assets and flag appropriate risks and opportunities. This role will enable the business organization to drive optimal decisions on investments based on accurate understanding of brand potential. This role will report to the Executive Director, Forecasting CoE within the Insights and Analytics (I&A) Organization
Key Responsibilities: Build realistic, transparent, and assumption-driven demand forecasts. Challenge assumptions and apply forecasting methodologies to support the brand strategyPrepare robust forecast assumptions leveraging expertise and analogs from in-line Forecasting team and research from Insights and Analytics teamEnsure that value assessment addresses the impact of key market dynamics and internal events, are logically designed and well documentedSupport launch preparations and guide the teams to set up clear post-launch performance tracking by creating and monitoring the short-term revenue forecasts, comparable to actuals in future, and recommending adjustments when applicableConsistent delivery of analytics that drive informed decision making, including the definition and development of models to be used in answering business and operational questionsDevelop new and innovative analytics models / methods for untapped opportunities; Enabling automation of routine measurementsPerform ad-hoc queries for leadership across all functions; be an internal expert and resourceMaintaining accountability for high quality, timely service delivery of forecasting analytic service requests, including requests for solutions requiring sophisticated statistical and machine learning approachesEssential Requirements:8 years of pharmaceutical forecasting (in branded business)/ data analytics/ sales ops; experience supporting both pipeline and marketed product(s) preferred; experience in Immunology or Specialty Disease, preferredAbility to work with many cross-functional partners, excellence in consensus building and communicating uncertainty, and be able to explain issues from aggregate trends to modeling mechanicsProven experience working with pharmaceutical datasets (Rx, APLD, etc)Experience using data to support business decisions, return on investment/ financial modelling, and statistical analysisProven self-starter with high standards of excellence and an innovative mindStrong interpersonal, communication, and analytical skills, Change management and project management experience. Excellent PowerPoint and Excel skillsAbility to manage multiple projects and consistently meet deadlinesAbility to excel at interacting with a diverse group of people, all levels of management, including senior leadership; Maneuvers well to get things done; maze bright; knows where to go to get what he/she needs; politically aware and agile; knows the right thing to do; presents views and arguments well.Novartis Compensation Summary:The salary for this position is expected to range between $225,400 and $418,600 per year. The final salary offered is determined based on factors like, but not limited to, relevant skills and experience, and upon joining Novartis will be reviewed periodically. Novartis may change the published salary range based on company and market factors. Your compensation will include a performance-based cash incentive and, depending on the level of the role, eligibility to be considered for annual equity awards. US-based eligible employees will receive a comprehensive benefits package that includes health, life and disability benefits, a 401(k) with company contribution and match, and a variety of other benefits. In addition, employees are eligible for a generous time off package including vacation, personal days, holidays and other leaves.
Job details
How this role compares
Computed from every other active Marketing role in our database, not just this employer's listings.
We currently track 193 comparable Director Marketing roles across 57 biopharma companies.
Salary context
90 of 193 peers report a salary range (USD, annualized)
Peers share this role's job function and a matching or adjacent seniority level -- not necessarily the same therapeutic area or country.
Where these roles are based
Top locations among the 193 comparable roles
+ 9 more countries
Seniority mix
193 of 193 peers have a known seniority level
Therapeutic area mix
40 of 193 peers have a known therapeutic area; the rest are genuinely unlabeled, not hidden
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How we calculate "similar"
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Every comparison starts from the same 100-point budget: 25 for working in the same function, 40 for the same therapeutic area, 20 for the same or adjacent seniority, 15 for the same country. A dimension we can't confirm on both sides contributes nothing, never a guess, never a free pass.
0 points, never a partial guess. A role we know almost nothing about beyond its function bottoms out at 25%; it never inflates to 100% just because there's little to compare against. Seniority uses a defined ladder (Associate → Manager → Associate Director → Senior → Principal → Director → Senior Director → Executive/VP) so "Director" and "Senior Director" count as adjacent, but "Director" and "Executive/VP" do not.