What are the responsibilities and job description for the Senior Analyst, Life Science Market Insights position at Velocity Clinical Research, Inc.?
Overview
Velocity Clinical Research is an owned and integrated research site organization, providing excellence in patient care, high quality data and fully integrated research sites. At Velocity, we align our values and behaviors to give our employees the best chance of delivering on our brand promise: to bring innovative medical treatments to patients. We are committed to making clinical trials succeed by generating high quality data from as many patients as possible, as quickly as possible while providing exemplary patient care at every step.
As an employee of Velocity, you are the most integral part of our mission. For talented candidates who perform at a high level, Velocity will invest to support career advancement and reward performance. Whether you are new to clinical research or are an industry veteran, we invite you to apply to Velocity.
Benefits include medical, dental and vision insurance, paid time off and company holidays, 401(k) retirement plan with company-match, and an annual incentive program.
Job Summary:
The Senior Analyst, Life Sciences Market Insights focuses on gathering and interpreting data from diverse data sources – including publications, clinical trial outcomes, findings reports, company earning calls, financial data, and other qualitative and quantitative data sources/databases. Leveraging these data sources, you will provide actional recommendations on therapeutic areas and market segments that align with the Organization’s growth objectives. A key aspect of this role is identifying emerging trends, evaluating market opportunities, and delivering insights that support informed business development decisions. Your contributions will help ensure the Organization stays at the forefront of technological advancements, market shifts, and high-impact therapeutic areas within the clinical trials space. Collaboration with internal stakeholders and the strategic use of external networking connections will be essential to maintain a competitive edge and drive strategic growth.
Responsibilities
Duties/Responsibilities:
- Conduct in-depth analysis of industry-specific trends, including technological advancements, regulatory changes, and market demand within the pharmaceutical and Clinical Research sectors.
- Pharmaceutical and Clinical Research market sizing and forecasting, including regional and vertical specific analysis.
- Perform comprehensive research on the pharmaceutical and clinical trials industries to identify growth opportunities, emerging markets and market segments, and potential risks.
- Provide regular reports and presentations on industry trends, focusing on pharmaceutical developments, to support strategic decision-making.
- Analyze therapeutic roadmaps of Sponsors and CROs to identify areas for strategic alignment in support of Velocity’s growth objectives.
- Track and evaluate competitive activities, including new product launches, partnerships, and strategic moves within the Velocity landscape.
- Leverage comprehensive research, industry trend analysis, and competitive intelligence to generate actionable insights that support strategic decision making, market position, and growth opportunities for the Organization.
- Collaborate with cross-functional teams to develop and refine initiatives based on market and industry insight.
- Utilize data management tools and software to collect, analyze, and visualize macroeconomic and industry data.
- Create dashboards and visual reports to effectively communicate insights to stakeholders.
- Provide analytical support for business development activities, including market entry strategies, competitive positioning, and pricing decisions within the pharmaceutical industry.
Qualifications
Required Skills/Abilities:
- Familiarity with the pharmaceutical, biotechnology, and clinical trials industries.
- Ability to synthesize and visually present findings from various data sets
- Experience in qualitative data methods (e.g. grounded-theory analysis), and mixed-methods/data triangulation reporting.
- Strong analytical skills with the ability to work with complex datasets and derive meaningful insights.
- Prior experience in a clinical research organization is required.
- Exceptional communication and presentation skills to effectively convey insights to both technical and non-technical stakeholders.
- Proven ability to manage workflows, prioritize tasks, and meet deadlines in a fast-paced environment.
- Strong problem-solving skills and attention to detail.
- Ability to drive collaboration and influence decision-making across various teams, departments and divisions
Education and Experience:
- Bachelor’s degree in a relevant field (E.g. Business Intelligence, Computer Science, Statistics etc.) or equivalent experience.
- 2-3 years of experience in Clinical Research or related field is strongly preferred.
NOTE: The above Job Description is intended to communicate the general function of the mentioned position and by no means should be considered an exhaustive or complete outline of the specific tasks and functions that will be required. Additionally, specific tasks and duties of the position are subject to change as the Company, the department and circumstances change. All employees are expected to perform their duties within their ability as required by the job and/or as requested by management.