The Business Analyst I will be a key member of the BD Analytics HOCT team in Hyderabad .They will be responsible for developing accurate and robust forecasts & simulations across various TAs, including Hematology, Oncology, and Cell Therapy. The Forecasting Analyst will be expected to build & utilize advanced forecasting models & techniques, statistical models, and simulation methodologies to provide actionable insights to leaders and support strategic BD decision-making at BMS. The ideal candidate has 1-3 years in pharmaceutical strategy/valuation or commercial analytics, can build Excel-based models from scratch, and is fluent with industry datasets for sales forecasts, Epi, & Competitive Intelligence.
Experience:
- We welcome people with a bachelor's or master's degree in a relevant field such as Biology/Biotechnology, Finance, Business, Economics, or a related discipline. MBA a plus.
- Proven experience (typically 1 to 3 years) in a forecasting role, preferably within the biopharma or pharmaceutical industry.
- Hands-on expertise in pharmaceutical forecasting and commercial analytics, modeling platforms, Advanced Excel & VBA, data manipulation software and visualization tools.
- Experience with data analysis and modeling platforms; able to manipulate large datasets and build reusable templates/dashboards.
- Fluent with industry datasets for sales forecasts, Epi, & Competitive Intelligence
- Previous experience in Hematology, Oncology, or Cell Therapy (Preferred but not required)
Roles & Responsibilities:
- Partner with BD Analytics HOCT team to maintain comprehensive forecasting models and methodologies to project sales
- Collaborate with cross-functional teams to gather and analyze relevant data, market trends and historical performance
- Apply advanced statistical analysis techniques and time series/predictive modeling to identify trends/drivers influencing forecasts
- Conduct scenario analyses and simulation studies to evaluate the potential impact of various factors, such as market dynamics, pricing strategies, class or brand share evolution, and regulatory changes.
- Prepare and present forecast reports, dashboards, and presentations to communicate findings, insights and recommendations to team members to align forecasts with business goals and strategies
- Stay up-to-date with industry trends, emerging methodologies and best practice forecasting and simulation
- Translate complex data and analytics into clear, actionable insights that drive business decisions
- Proactively and continuously assesses the relevant marketplace and its dynamics, customers, competitors and future development
- Build new capabilities to automate data gathering and reporting that support key senior leadership forums
- Collaborate with IT teams to optimize data infrastructure, enhance data collection, and leverage advanced analytics tools for forecasting and simulation purposes
Skills and competencies:
- Strong analytical and problem-solving skills with an understanding of statistical forecasting techniques, time series analysis and predictive modeling
- Familiarity with forecasting software and advanced forecasting methodologies
- Solid ability to present complex information to non-technical stakeholders in a clear manner
- Strong project management skills and the ability to work independently or as part of a team
- Strong attention to detail and ability to work with large datasets to ensure accuracy and reliability of forecasts
- Strong business acumen and the ability to translate forecast findings into actionable insights and recommendations
- Experience with analytics and presentation tools (Excel and PowerPoint; VBA/Python and BI tools are a plus)
- Strong project management skills and the ability to work independently or as part of a team
