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Senior Analyst
4 months ago
Summary:
This position will support and collaborate with the department and other cross functional departments (sales, art department, regulatory, supply chain, portfolio, etc.) in the development, review, and maintenance of marketing tools, competitor market intelligence, hub services, competitive product intelligence, product launch materials, executive and customer presentations and databases. In addition will be responsible for helping with the coordination of major trade shows each year.
Further, the candidate will utilize these tools for market analysis and to formulate go forward recommendations to support the organizations sales and marketing functions related to the continuous growth of Taro’s product portfolio.
Additionally, the Senior Analyst will assist with the development and management of product strategies to maximize revenue growth and ensure launch target goals are achieved, including revenue and desired market share.
The ideal candidate will have a background consistent with managing multiple projects and be able to work closely with cross functional teams to develop and maintain valuable marketing and reporting information.
Duties and Responsibilities:
- Work with marketing team and other cross functional departments to provide sales with the necessary marketing tools, materials, and support to more efficiently and effectively sell Taro generic products.
- Data review, organization, and presentation
- Analyze historical sales trends, IQVIA prescription trends, market intelligence, and other pertinent information to formulate launch strategies
- Provide pro-active and in-depth financial analysis of the products
- Database / website maintenance
- Supply chain / product launch coordination
- Work with cross functional departments to collect data and monitor market opportunities
- Market research and reporting
- Provide proactive and in-depth financial analysis of product or market-specific business activity
- Responsible for managing, analyzing and tracking commercial portfolio’s performance to budget. Identify challenges and underperforming molecules and make strategic adjustment recommendations to increase sales performance.
- Review monthly performance of Generic business. Work cross-functionally with finance, supply chain and sales to identify areas for improvement and present results from implemented strategies.
- Responsible for generating and forecasting the Generics Sales Budget plan while working cross-functionally with finance, sales, supply chain, and pricing & contracts.
- Assist Pricing team with maximizing margin retention while dealing with constant pricing pressure from accounts.
- Quarterly Analysis of market trends, and Taro’s portfolio. Identify price and unit growth trends, identify key drivers, and make strategic recommendations to adjust to market dynamics.
- Account based strategic analytics.
- Product based strategic analytics.
- Work with cross functional departments to implement new strategies that will resolve current limitations, improve processes and increase sales.
- Quarterly tracking and reporting of Taro’s market share KPOs.
- Responsible for supporting cross functional departments with strategic ad hoc analytics to drive sales.
- Responsible for generating and forecasting the expense budget plan for department of Sales & Marketing.
- Responsible for generating Monthly Performance Review deck. Reporting on Taro’s financial monthly performance. Reporting on top positive and negative molecule drivers, identifying key wins and losses, and any impactful market share changes.
- Work closely with supply chain to understand supply limitations and make recommendations on strategies to limit backorders and maximize potential sales.
Qualifications/Education:
- BS in business, marketing or related discipline.
- Strong orientation to detail and ability to grasp new concepts
- Ability to analyze and interpret IQVIA data
- Strong organization, communication and presentation skills
- Ability to meet tight deadlines in an environment of competing priorities
- Ability to build strong internal and external relationships, foster an environment of teamwork and collaboration.
- Previous experience within the generic pharmaceutical industry strongly preferred.
- Subject matter expert on Microsoft Office applications
The presently-anticipated base compensation pay range for this position is $95,500 to $119,000. Actual base compensation may vary based on a number of factors, including but not limited to geographical location and experience. In addition, this position is part of the Annual Performance Bonus Plan. Employees are eligible to participate in Company employee benefit programs which include medical, dental and vision coverage; life insurance; disability insurance; 401(k) savings plan; flexible spending accounts; and the employee assistance program. Employees also receive various paid time off benefits, including vacation time and sick time.
The compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company, or individual department/team performance, and market factors.
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of the incumbent(s).
EEO Notice:
We provide equal employment opportunities for all current employees and applicants for employment. This policy means that no one will be discriminated against because of race, religion, creed, color, national origin, nationality, citizenship, ancestry, sex, age, marital status, physical or mental disability, affectional or sexual orientation, military or veteran status, generic predisposing characteristics or any other basis prohibited by law.
Notice to Agency and Search Firm Representatives:
Sun Pharmaceuticals (Sun) is not accepting unsolicited resumes from agencies and/or search firms for this job posting. Resumes submitted to any Sun employee by a third party agency and/or search firm without a valid written & signed search agreement, will become the sole property of Taro. No fee will be paid if a candidate is hired for this position as a result of an unsolicited agency or search firm referral.
