Senior Manager Forecasting-Neuropsych

Reposted 12 Days Ago
Be an Early Applicant
Cambridge, MA, USA
In-Office
142K-190K Annually
Senior level
Biotech
The Role
The Senior Manager will lead forecasting processes, develop models, conduct analyses, and collaborate cross-functionally to drive business insights and strategies for revenue planning and resource allocation.
Summary Generated by Built In
 About This Role 

The Senior Manager, US Forecasting will be an integral part of the Decision sciences- Forecasting Center of Excellence team and will assist in developing and maintaining the forecast models for the US business for Biogen North America Franchises, leveraging both primary and secondary data assets to drive accurate predictions and providing valuable insights for strategic planning and resource allocation across multiple indications.  The individual will work cross-functionally to gather inputs for the forecast, socialize outputs, and run sensitivities and ad hoc analyses.  The individual will help the business build objective and fact-based forecasts and scenarios that enable the business to make data-driven decisions that maximize shareholder value. 

The role offers a mix of analytical, strategic, and operational work and the opportunity to collaborate with a wide array of stakeholders at various levels to help drive business success. The individual will report to the Senior Director, Forecasting COE. 

What You'll Do 

Forecasting Process & Strategic Partnership 

  • Own and drive the short- and long-term Brand/Market Revenue planning, including presenting recommendations to key brand stakeholders (Marketing, I&A leads, Finance) proactively and reactively developing business case scenarios, and ensuring alignment on core assumptions based on insights. 

  • Utilize advanced statistical methods and forecasting and develop models using Epidemiology funnel, Monthly/weekly actual sales/demand, inventory and Revenue deductions dynamics to Forecast short term and Long term Sales forecasts. 

  • Conduct ad hoc scenario planning exercises (Monte Carlo, Latin Hypercube sampling, Risk and Opps) to anticipate and model potential changes in market conditions, impact of business decisions, and develop strategies to address various scenarios. 

  • Partner with Market Research team to design and interpret conjoint and demand estimation studies. Partner with Analytics team to leverage claim based KPIs in building forecast Model. Partner with Market Access teams to understand impact of Revenue deductions on Long term and Short term forecast and build variables in Model. Partner with Finance teams to drive short term and long term Revenue goals for the Brand and Franchise. 

  • Collaborate with Brand, Customer Data and Insights, Finance, and Global Strategic Forecasting teams on long range planning exercises for the US. 

  • In partnership with the investor relations team, reconcile external (e.g. Wall Street) forecast models and assumptions with internal views. 

 

Driving Capabilities and Continuous Improvement 

  • Assess and implement advanced forecasting technologies and tools to improve the precision and timeliness of predictions. 

  • Lead the Forecasting model creation, maintenance, and evolution 

  • Act as a Project Leader or Project Manager in TA critical projects. 

  • Foster experience exchange and learning loops through internal community engagement, creating opportunities to nurture and support new ideas and showcase best practices and market trends. 

  • Drive a process and create documentation for respective brand/franchise that effectively uses all available and relevant data and insights to indicate if forecast achievement is on track. This includes using and understanding claims based, Market research calculated KPI’s to drive the assessment.

Who You Are 

You love forecasting and are passionate about using data and insights to guide key strategic business decisions, including business growth. You love learning new therapy areas, working in a cross functional environment creating strong collaborations and engaging with leadership.  

Qualifications and Skills 

  • BA/BS required (Preferred in Mathematics, Statistics, Economics or HEOR) 

  • 5-7 years strategic consulting experience in Pharma / Biotech / Medical Device industry or relevant experience, level to be assessed based on relevant experience 

  • Prior experience in a strategic forecasting role. Minimum 1-3 years in Forecasting for Senior Manager. Depth of knowledge in 1-2 TA’s is preferred. 

  • Foundational knowledge and understanding of key data sets and processes like Sales conversion cycles, knowledge of wholesaler/SP/PSS data and KPIs and how to use them for modelling sales/ demand and inventory modelling, knowledge of how to interpret and use Demand studies from Market research, knowledge of how to use software’s like crystal ball/ at risk to run Monte- Carlo simulations and other statistical analysis to predict risk and opportunities in forecast. Knowledge of how to assess an Epi based Model and how to interpret and select RWE studies for forecast Modelling.  

  • High Analytical Horsepower / Skillset – Very strong analytical and quantitative skill set, including Excel modeling skills; high comfort sourcing, manipulating, analyzing using Excel and other modeling tools, and visualizing data via standard tools/charting methods; ability to effectively present and defend analyses; 

  • Strong Project / Deliverable Management – Ability to deliver complex analytical investigations and cross-functional projects with limited guidance; ability to scope, enhance the output/hypotheses and deliver analytical investigations and projects with limited oversight; seeks to understand the problem/issue, conducts cross-functional interviews and drives towards a well-structured deliverable 

  • Strategic Thinking –Strong business acumen & communication skills and ability to work with and present to leadership. Great strategic problem-solving skills, leading structured thinking around complex problems to enable data-driven decision-making. Able to independently design/identify the ideal approach to answering complex business questions pulling from all available internal/external data sources; able to draft synthesized outputs and drive beyond the raw output of the analysis to actionable insights; anticipates the next question(s) from management 

  • Cross-Functional Collaboration – Able to collaborate effectively with various functional partners to probe/ask questions, gather required information for analysis and participate as a value-added cross-functional partner 


 

Job Level: Management


Additional Information

The base compensation range for this role is: $142,000.00-$190,000.00


Base salary offered is determined through an analytical approach utilizing a combination of factors including, but not limited to, relevant skills & experience, job location, and internal equity.

Regular employees are eligible to receive both short term and long-term incentives, including cash bonus and equity incentive opportunities, designed to reward recent achievements and recognize your future potential based on individual, business unit and company performance. 

In addition to compensation, Biogen offers a full and highly competitive range of benefits designed to support our employees’ and their families physical, financial, emotional, and social well-being; including, but not limited to:

  • Medical, Dental, Vision, & Life insurances
  • Fitness & Wellness programs including a fitness reimbursement 
  • Short- and Long-Term Disability insurance
  • A minimum of 15 days of paid vacation and an additional end-of-year shutdown time off (Dec 26-Dec 31)
  • Up to 12 company paid holidays + 3 paid days off for Personal Significance 
  • 80 hours of sick time per calendar year
  • Paid Maternity and Parental Leave benefit 
  • 401(k) program participation with company matched contributions
  • Employee stock purchase plan 
  • Tuition reimbursement of up to $10,000 per calendar year 
  • Employee Resource Groups participation

Why Biogen?

We are a global team with a commitment to excellence, and a pioneering spirit. As a mid-sized biotechnology company, we provide the stability and resources of a well-established business while fostering an environment where individual contributions make a significant impact. Our team encompasses some of the most talented and passionate achievers who have unparalleled opportunities for learning, growth, and expanding their skills. Above all, we work together to deliver life-changing medicines, with every role playing a vital part in our mission. Caring Deeply. Achieving Excellence. Changing Lives.

At Biogen, we are committed to building on our culture of inclusion and belonging that reflects the communities where we operate and the patients we serve. We know that diverse backgrounds, cultures, and perspectives make us a stronger and more innovative company, and we are focused on building teams where every employee feels empowered and inspired. Read on to learn more about our DE&I efforts.

All qualified applicants will receive consideration for employment without regard to sex, gender identity or expression, sexual orientation, marital status, race, color, national origin, ancestry, ethnicity, religion, age, veteran status, disability, genetic information or any other basis protected by federal, state or local law. Biogen is an E-Verify Employer in the United States.

Skills Required

  • BA/BS in Mathematics, Statistics, Economics or HEOR
  • 5-7 years strategic consulting experience in Pharma/Biotech/Medical Device industry
  • Prior experience in a strategic forecasting role with 1-3 years in Forecasting for Senior Manager
  • Foundational knowledge and understanding of key data sets and processes like Sales conversion cycles and KPIs
  • High analytical horsepower including strong analytical and quantitative skill set
  • Strong project and deliverable management skills
  • Strategic thinking and communication skills
  • Cross-functional collaboration capabilities

Biogen Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Biogen and has not been reviewed or approved by Biogen.

  • Fair & Transparent Compensation Pay is generally positioned as competitive and often perceived as fair across roles, with total compensation framed as strong when bonus and equity are included. Compensation sentiment is described as above-average overall, though it varies by function and business cycle.
  • Equity Value & Accessibility Equity programs are repeatedly highlighted as a meaningful part of the total package, including stock programs and an employee stock purchase plan. Equity and bonus elements are portrayed as important contributors to feeling well rewarded beyond base pay.
  • Leave & Time Off Breadth Time-off benefits are described as distinctive, including a year-end shutdown and a paid sabbatical after extended tenure. Vacation, holidays, sick time, and personal-significance days are also presented as supportive of work-life needs.

Biogen Insights

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The Company
HQ: Cambridge, MA
9,575 Employees
Year Founded: 1978

What We Do

Through cutting-edge science and medicine, Biogen discovers, develops and delivers innovative therapies worldwide for people living with serious neurological and neurodegenerative diseases. Founded in 1978, Biogen is a pioneer in biotechnology and today the Company has the leading portfolio of medicines to treat multiple sclerosis, has introduced the first and only approved treatment for spinal muscular atrophy, and is at the forefront of neurology research for conditions including Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis. Biogen also manufactures and commercializes biosimilars of advanced biologics. With approximately 7000 people worldwide, we are truly a global organization, headquartered in Cambridge, Massachusetts, which is also home to our research operations. Our international headquarters are based in Zug, Switzerland and we have world-class manufacturing facilities in North Carolina and Denmark. We offer therapies globally through direct affiliate presence in 30 countries and a network of distribution partners in over 50 additional countries. For more information, please visit www.biogen.com. Follow us on social media – Twitter, LinkedIn, Facebook, YouTube.

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