
Strategic Market Research Analyst
2 days ago
About our organization:
We are a multinational pharmaceutical company that manufactures and sells pharmaceutical generics, formulations, and nutraceuticals globally. We have consistently been ranked amongst the top pharmaceutical companies.
Key Responsibilities:
- Conduct in-depth research on therapeutic areas, product portfolios, competitors, and industry trends using various data sources to drive business growth and expansion.
- Analyze market performance to track key performance indicators including prescription trends, market share, brand performance, patient flow, and competitive dynamics to inform strategic initiatives.
- Collaborate with cross-functional teams to provide data-driven insights for forecasting, business planning, and strategic decision-making.
- Identify opportunities in new therapy areas, geographies, or product launches based on market insights to drive revenue growth.
- Analyze field effort data to generate actionable insights and improve operational effectiveness by streamlining processes and enhancing efficiency.
- Develop CRM-based analytics and track sales force key performance indicators (coverage, frequency, call average, PCPM, territory performance) to optimize sales strategies.
- Perform performance gap analysis at division, region, territory, and individual levels to identify areas for improvement and drive growth.
- Conduct territory alignment and mapping based on potential, geography, and workload to ensure optimal resource allocation.
- Support headcount planning and deployment strategies to ensure effective workforce management.
- Design and maintain business dashboards for clear visualization of market and sales data to inform business decisions.
- Deliver regular performance reports and monthly presentations to internal stakeholders to keep them informed and aligned.
Requirements:
- Bachelor's or Master's degree in Pharmacy, Statistics, or related field.
- 2–5 years of experience in pharmaceutical market research, analytics, or consulting.
- Proficiency in Excel, PowerPoint, Power BI, and Tableau.
- Strong expertise in leveraging AI and automation solutions to drive business outcomes.
- Excellent analytical skills with the ability to translate complex datasets into actionable insights.
- Strong communication and presentation abilities to effectively convey complex information.
- Solid understanding of pharmaceutical sales and marketing operations to inform business strategies.
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