Norstella
Analyst II, Domain - Forcasting
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Description
About Norstella
Norstella is a premier and critical global life sciences data and AI solutions provider dedicated to improving patient access to life-saving therapies. Norstella supports pharmaceutical and biotech companies across the full drug development lifecycle — from pipeline to patient. Our mission is simple: to help our clients bring therapies to market faster and more efficiently, ultimately impacting patient lives.
Norstella unites market-leading brands - Citeline, Evaluate, MMIT, Panalgo, Skipta and The Dedham Group and delivers must-have answers and insights, leveraging AI, for critical strategic, clinical, and commercial decision-making. We help our clients:
- Accelerate the drug development cycle
- Assess competition and bring the right drugs to market
- Make data driven commercial and financial decisions
- Match and recruit patients for clinical trials
- Identify and address barriers to therapies
Norstella serves most pharmaceutical and biotech companies around the world, along with regulators like the FDA, and payers. By providing critical proprietary data supporting AI-driven workflows, Norstella helps clients make decisions faster and with greater confidence. Norstella’s investments in AI are transforming how data is consumed and decisions are made, disrupting inefficient legacy workflows and helping the industry become more efficient, innovative, and responsive to patient needs.
Job Description
The Forecasting Analyst II role is responsible for supporting the build-out and maintenance of high-quality patient-based forecasts across a range of diseases, with direction and input from the Therapy Area Director and Forecasting Director. Forecasting Analysts must be able to quickly develop a full working understanding of the patient-based forecast model and be able to discuss and defend models both internally and externally. They also require excellent time management and the ability to juggle multiple priorities, keeping key stakeholders updated on progress. In addition to core forecasting responsibilities, these analysts will support the wider commercial content teams with data collection and ad hoc financial data/commentary requests.
This is an individual contributor position with no direct reports. While the Forecasting Analyst will need to be able to work independently, projects will be completed in collaboration with analysts and epidemiologists, such that the ability to work within a team and communicate efficiently is essential.
Responsibilities
Content Production
- Build-out and maintain patient-based forecasts, in collaboration with therapy area analysts, utilizing high attention to detail to ensure models are client-ready
- Learn from previous projects and utilize problem solving skills to actively solve model issues and work towards developing models that are error-free
- Utilize excellent secondary (internet) and AI research skills to collate and cross-reference high-quality and defendable data for patient-based forecast models
- Consistently select most appropriate source of information and ensure sources used are referenced with sources documented and saved
- Collect financial data for specific companies and drugs in the biotechnology and pharmaceutical sector
- Contribute data/commentary to wider commercial content team, including Insights, on an ad hoc basis
- Continue to expand general knowledge of therapy area space and best practice forecasting methodology, as well as key trends impacting the pharmaceutical industry
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Time management
- Produce high quality content within timelines specified by the project manager and alert the project manager of any expected delays
- Develop a realistic understanding of how long different tasks will take and understand when to escalate timeline issues with project manager
- Alert key stakeholders of any expected delays/updates and communicate effectively with other members of the team (namely therapy area analysts) to maximize efficiency
- Demonstrate ability to juggle multiple projects and prioritize content appropriately
Client Support
- Provide support to clients via the Ask the Analyst service, with assistance from manager where necessary
- Quickly grasp model functionality and forecasting methodology to able to explain and defend these to clients, with guidance from senior team members
- Support sales team as required during demos/client visits regarding forecasting methodology and financial data driven content
- Participate in sales training initiatives as required
- Develop and understanding of the wider portfolio solutions and their key personas and be able to direct clients/sales teams to the most appropriate solution for their needs
Team Support
- Learn roles and responsibilities of team and overall organizational structure of Datamonitor Healthcare
- Successfully communicate and build a working relationship with all functional commercial content teams, including the analyst and epidemiology teams
- Network with colleagues in other parts of the business, to support sales/marketing/consulting processes where required
- Provide commentary and data for the Insights team using acquired expertise
- Provide commentary/interviews for external PR purposes using acquired expertise
- Support team during absences, e.g. providing input into client requests via the Ask the Analyst service
- Be able to collaborate with team members by sharing relevant knowledge/discussing methodologies during team meetings
- Attend role-specific training workshops as requested
- Perform other miscellaneous duties as assigned to support overall team objectives
Requirements
- Bachelor’s degree in life sciences, biomedical sciences, finance, accounting, mathematics, or economics is preferred, but other degrees will be considered
- Has at least 2 years’ previous experience at a pharmaceutical/biotech company or consulting/research firm
- Has a strong grasp of pharmaceutical markets and the drug development lifecycle
- Proficient in Microsoft Office suite, Excel expertise required
- Excellent written and verbal English skills
- Experience with analytic tools such as Tableau an advantage but not required
- Impeccable attention to detail and consistent accuracy in analyzing complex datasets
- Experience of collecting and curating quality data from multiple sources to produce robust and defendable conclusions
- Good organizational, time management and priority setting skills, and the flexibility to multi-task in a fast-paced environment
- Ability to think critically, work independently, and follow instructions
- Ability to work collaboratively within a team both in the office and remotely
- Ability to perform complex data manipulations in Excel (e.g., VLOOKUP, macros)
- Experience with AI capabilities and ability to correctly harness such resources to enhance outputs
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Benefits
- 25 days annual leave, 4 days for volunteering and a personal day
- 5% pension match
- Group Life Assurance (100% employer funded)
- Group Income Protection (100% employer funded)
- Other voluntary benefits such as: Dental, Cash Plan, PMI Excess Cover, Health Screening & Critical Illness
Our guiding principles for success at Norstella
01: Bold, Passionate, Mission-First
02: Integrity, Truth, Reality
03: Kindness, Empathy, Grace
04: Resilience, Mettle, Perseverance
05: Humility, Gratitude, Learning
Norstella is an equal opportunities employer and does not discriminate on the grounds of gender, sexual orientation, marital or civil partner status, pregnancy or maternity, gender reassignment, race, color, nationality, ethnic or national origin, religion or belief, disability or age. Our ethos is to respect and value people’s differences, to help everyone achieve more at work as well as in their personal lives so that they feel proud of the part they play in our success. We believe that all decisions about people at work should be based on the individual’s abilities, skills, performance and behavior and our business requirements. Norstella operates a zero tolerance policy to any form of discrimination, abuse or harassment.
Sometimes the best opportunities are hidden by self-doubt. We disqualify ourselves before we have the opportunity to be considered. Regardless of where you came from, how you identify, or the path that led you here- you are welcome. If you read this job description and feel passion and excitement, we’re just as excited about you.
All legitimate roles with Norstella will be posted on Norstella’s job board which is located at norstella.com/careers. If a role is not posted on this job board, a candidate should assume the role is not a legitimate role with Norstella. Norstella is not responsible for an application that may be submitted by or through a third-party and candidates should proceed with extreme caution if a third-party approaches them about an open role with Norstella. Norstella will never ask for anything of value or any type of payment during or as part of any recruitment, interview, or pre-hire onboarding process. If you are aware of or have reason to believe a job posting purportedly for a role with Norstella is fraudulent or otherwise not authorized by Norstella, please contact the Company using the following email address: ApplicationHelp@norstella.com.
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