Business Intelligence Associate
Ferring Pharmaceuticals
Job Description:
At Ferring Pharmaceuticals, we help people around the world build families and live better lives. We are entrepreneurial and innovative, with a global team focused on scientific advances in the areas of reproductive and women’s health, gastroenterology and urology. Ferring + You is all about working together and sharing ideas, so that we can bring science to life for patients around the world.
Every person at Ferring works together to change lives and help people build families. To reach our full potential we collaborate, and respect and value diverse contributions so that we can grow as an organization and as professionals. Together we can influence the world around us to make life and work better.
Ferring+You
The Business Intelligence function is accountable for delivering on 3 pillars of business intelligence. 1) Forecasting, 2) Commercial Analytics, and 3) Sales and Data Reporting. These deliverables will support the independent strategic insights and recommendations for Ferring’s portfolio in the Canadian market.
The purpose of this role is to support the collection, analysis, and interpretation of business data to inform decision-making and strategy. You will work BI tools, databases, and reporting systems to gather data from various sources, transform it into meaningful insights, and present findings to stakeholders. The role is essential in helping organizations make data-driven decisions, optimize operations, identify trends, and improve business performance.
You’ll work in a hybrid methodology, working from our office in Toronto 3 days a week.
Your day at Ferring
Forecasting
Accountable to rigorously oversee the enterprise assumptions collected for launch brands and ensure integrity of assumptions across forecasting deliverables.
Accountable for building Patient (EPI), TRx and NBRx forecast models using primary and secondary data sources.
Accountable for high quality, accurate and timely completion of forecasting deliverables across various forecast cycles for existing portfolio e.g.
o Annual Long Range and Strategic Plan Forecasts
o Monthly Latest Estimates
o Monthly Demand Forecast by SKU
o Quarterly Update Forecast
Commercial Analytics & Insights
Responsible for the timely delivery of comprehensive, accurate, high quality commercial analytics to identify opportunities and provide the foundational support of business decisions and performance monitoring
Understands forecast key sales drivers, risks and opportunities. Keep abreast of pharmaceutical industry, therapeutic area, and internal developments, which could impact on forecast drivers.
Lead the generation of ad-hoc commercial analysis requests including, but not limited to:
o Opportunity and risk assessments
o Competitive intelligence
o Insights Generation from existing or new dataset
Sales & Data Reporting
Proactively monitor, assess needs, and manage the development of existing, and new, standard reports to support business priorities.
Ensure accurate and consistent data alignment within the CRM by overseeing data entry processes, implementing data validation rules, and performing regular data audits to maintain data integrity across all customer records.
Provide commercial training on reporting tools, equipping teams with the skills to effectively analyze and interpret data, generate actionable insights, and create customized reports to drive business decisions.
Support the development of sales force incentive proposals and drive their operationalization by collaborating with cross-functional teams, ensuring alignment with business goals, and implementing processes to track and measure performance.
Behind our innovation…There’s you
Bachelor’s, Masters or PH.D degree - Business / Science / Information Technology or similar / equivalent.
2 years’ experience in roles such as: forecasting, sales / marketing analysis, sales, marketing, finance, or other analytical function.
2 years experience in the pharmaceutical or FMCG industry
Proficient understanding of current and future pharmaceutical market drivers, and the competitive environment.
Firm understanding of the pharmaceutical market, customer, patient and health care system in Canada
Demonstrated ability to thrive in a fast-paced, dynamic environment and manage competing priorities and deadlines.
Knowledge of IQVIA databases, products and services
High proficiency in the MS Office suite of tools.
Bilingual (English and French) written and verbal skills (Strongly preferred)
Advanced understanding of Pharma product strategies and organizational dynamics and how they impact on the forecast processes
Extensive experience with demonstrated knowledge and understanding within the following areas: Brand Strategy, New Product Introduction, Marketing Communication, Promotions, Media Planning and Market Research.
People come first at Ferring
Get inspired from our commitment to advocate for everyone’s right to build a family, no matter who you are, where you live or who you love.
Our inclusive support package – “Building Families at Ferring” provides equal and accessible policies for all employees who wish to start their family journey, ensuring a global standard, irrespective of location and role
Parental leave for both birthing and non-birthing parents
Extended support on family building journey
Making a difference in the life of millions of people means we succeed by working together. Our diverse backgrounds, experiences, expertise, and perspectives enable us to find solutions to even the most challenging problems, and our success is tied to each team member’s contributions. Imagine the power of your career when it’s Ferring + You.
Behind our purpose… There’s you
If our mission and your vision are aligned, please apply.
We strive to build and maintain an inclusive and diverse workplace with equal opportunities and mutual respect for all employees regardless of their backgrounds and socioeconomic status.
Note to agencies: this search is being managed by Ferring’s Talent Acquisition team. Kindly do not send us spontaneous profiles.