Forecasting and Market Insights Intern

7 days ago

Toronto, Ontario, Canada Eli Lilly and Company Full time $60,000 - $90,000 per year

At Lilly, we unite caring with discovery to make life better for people around the world. We are a global healthcare leader headquartered in Indianapolis, Indiana. Our employees around the world work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to our communities through philanthropy and volunteerism. We give our best effort to our work, and we put people first. We're looking for people who are determined to make life better for people around the world.

TASKS AND RESPONSIBILITIES:
 

Forecasting & Modelling


• Develop and maintain short- and long-term demand forecasts for pharmaceutical products at various stages of brand life cycle


• Build robust models incorporating historical sales, market trends, epidemiological data, and promotional activity


• Develop forecasting inputs for brand plans and financial planning (budgeting, quarterly outlooks)


• Monitor and track performance against monthly forecasts. Revise and update forecast models quarterly.


• Translate raw data into actionable insights that inform strategic decisions
• Establish a network of data sources that feed the forecast models (supply chain, payers, PSP etc.)

Business Insights & Analytics


• Analyze market data (IQVIA, PSP, CRM, others) to uncover business performance drivers


• Co-lead the sales targeting exercise ensuring alignment ad buy-in from sales/marketing lead


• Create dashboards and reports to monitor KPIs and product performance


• Collect and analyze data on competitors, industry trends, and market dynamics. This includes monitoring competitor clinical designs, regulatory filings, and product pipelines


• Deliver regular updates and alerts through dashboards, newsletters, and internal channels Market Research


• Co-lead primary and secondary market research projects with responsibility for secondary data analysis as needed


• Identify market trends, customer needs, and competitive dynamics


• Collaborate with cross-functional teams to frame research objectives


• Translate business problems into research plans and methodologies

Who we are looking for:


• Education and qualifications: ongoing Master's degree


• Scientific background with learning agility to understand a specialty therapy area


• Passionate about bringing innovative science to Canadian patients


• Strong communication skills written, verbal, and presenting to others


• Strong inter-personal skills and ability to build strong relationships across functions


• Collaborative approach to working in a team environment


• Project management skills – capable of coordinating multiple priorities


• Proactive entrepreneurial approach to work and contributing new ideas


• Flexibility to adapt to changing needs of the business

Lilly is dedicated to helping individuals with disabilities to actively engage in the workforce, ensuring equal opportunities when vying for positions. If you require accommodation to submit a resume for a position at Lilly, please complete the accommodation request form ) for further assistance. Please note this is for individuals to request an accommodation as part of the application process and any other correspondence will not receive a response.

Lilly does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability or any other legally protected status.

#WeAreLilly

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