Senior Director, Forecasting - Insmed Incorporated

Company Description

Insmed is a global biopharmaceutical company on a mission to transform the lives of patients living with serious and rare diseases. Our most valuable resource is our employees, and everything we do is motivated by a patients-first mentality. We are dedicated to growing our team with talented individuals from around the world who are willing to challenge the status quo, solve problems, and work collaboratively with a sense of urgency and compassion.

Guided by our core values of collaboration, accountability, passion, respect, and integrity, we aim to foster an inclusive, diverse, and flexible work environment, where our employees are recognized for leaning in and rolling up their sleeves. If you share our vision and want to work with the most dedicated people in the biopharma industry, come to Insmed to accelerate your career.

Recognitions

 

Consistently Ranked Science's Top Employer

Insmed is dedicated to creating a collaborative environment where our team can thrive. Every day, our employees turn their passion for science and research into innovative solutions for patients. That's why we've been named the No. 1 company to work for in the biopharma industry in Science's Top Employers survey for four years in a row.

 

  

 

 

A Certified Great Place to Work®

We believe our company is truly special, and our employees agree. In July 2024, we became Great Place to Work-certified in the U.S. for the fourth year in a row. We are also honored to have been listed on the Best Workplaces in Biopharma™, Best Workplaces in New York™, PEOPLE® Companies That Care, Best Workplaces for Women™, Best Workplaces for Millennials™, and Best Medium Workplaces™ lists.

  

 

Overview

The Senior Director of Forecasting will be responsible for evolving Insmed's capabilities in forecasting, including developing strategy related to forecasting methodologies, processes, and technologies that will enhance decision-making and planning across the organization. This role will be a key member of the Commercial Effectiveness team and will partner closely with cross-functional stakeholders (e.g., Marketing, Sales, FP&A) to optimize estimation and articulation of the commercial opportunity. This is a hands-on role that requires an entrepreneurial mindset and a willingness to execute all aspects of forecasting, from modeling through to creating a narrative and driving the company to action. The position will be in Bridgewater, NJ and may require some travel. This is not currently a supervisory position but may have responsibilities in the future.

Responsibilities

Responsibilities: We are seeking a highly experienced and innovative forecasting leader. The person in this role will be responsible for:

• Leading development of US forecasts across multiple products and indications, as well as guiding and maintaining forecast models across regions
• Collaborating closely with regional Commercial Effectiveness teams to ensure consistency of forecast assumptions across countries, when possible, and to ensure clear messaging
• Leading the consolidation of global forecasts and maintaining an up-to-date view of key risks and opportunities in the short, mid and long-term
• Driving consolidation and delivery of the forecast narrative to senior leadership
• Proposing methodology, process improvements, and technology solutions, then getting buy-in from cross-functional leaders and leading implementation of such solutions
• Integrating secondary data analyses and primary market research insights to support forecast assumptions
• Collaborating with analytic teams on the tracking of product performance vs. forecast expectations 
• Working closely with vendor partners to identify analogs and benchmarks to support forecast assumptions
• Sharing best practices, innovating, driving efficiencies, and partnering with regional forecasting teams
• Staying updated on market evolutions and dynamics relevant to Insmed products/pipeline, proactively updating forecasts with material market events

Knowledge & Experience

• Extensive knowledge of pharmaceutical data (e.g., sales, specialty pharmacy, payer, promotional & marketing data, longitudinal patient-level data)
• Experience with launches and commercialization of pharmaceutical products (specialty drug/respiratory launch experience preferred)
• Strong blend of technical proficiency, business acumen, and experience informing business growth and opportunity
• Experience within the US market (experience with global markets beneficial)

Qualifications

• Bachelor's degree in Business, Finance, Engineering or related discipline required (MS, PhD, MBA or other advanced degree preferred)
• 10+ years of leadership experience in demand forecasting within a pharmaceutical/biotech company or healthcare consulting firm (will consider related experience)
• Expertise in developing product forecasts, market assessments, and competitive intelligence analyses
• Proven track-record of working with senior leadership on forecast development and communication
• Strong quantitative and analytical skills, with the ability to translate complex data into actionable insights
• Collaborative and influential leadership style, with the ability to build strong partnerships across the organization

Skills

• Experience with secondary data [e.g., APLD medical claims data, audited TRx data (IQVIA or Symphony Health), and epidemiology references]
• High proficiency in MS Office (Excel/Access/PowerPoint)
• Experience with advanced analytical modeling
• Agile team player; able to adapt and execute based on evolving business needs, with strong active listening skills
• Ability to extract and quickly process key information, summarize needs of cross-functional teams, and provide targeted and appropriate insights and recommendations
• Strong verbal and written communication skills
• Ability to work across cultures
• Skilled at leading without authority in a cross-functional environment
• Ability to work in a fast-paced environment
• Attention to detail and accuracy

Salary Range

$207,000 - $289,867 a year

Compensation & Benefits

We're committed to investing in every team member's total well-being, now and in the future. We offer a competitive total-rewards package to all employees around the world, including:

• Flexible approach to where and how we work, regionally based
• Competitive compensation package including bonus 
• Stock options and RSU awards
• Employee Stock Purchase Plan (ESPP)
• Flexible Vacation Policy
• Generous paid holiday schedule and winter break 

ADDITIONAL U.S. BENEFITS:

• 401(k) plan with company match
• Medical, dental, and vision plans
• Company-provided Life and Accidental Death & Dismemberment (AD&D) insurance
• Company-provided short and long-term disability benefits
• Unique offerings of pet, legal, and supplemental life insurance
• Flexible spending accounts for medical and dependent care
• Accident and Hospital Indemnity insurance
• Employee Assistance Program (EAP)
• Mental Health on-line digital resource
• Well-being reimbursement
• Paid leave benefits for new parents
• Paid time off to volunteer
• On-site, no-cost fitness center at our U.S. headquarters

Additional Information

Insmed Incorporated is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

 

Unsolicited resumes from agencies should not be forwarded to Insmed. Insmed will not be responsible for any fees arising from the use of resumes through this source. Insmed will only pay a fee to agencies if a formal agreement between Insmed and the agency has been established. The Human Resources department is responsible for all recruitment activities; please contact us directly to be considered for a formal agreement.

 

Insmed is committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation to participate in the job application or interview process, please contact us by email at TotalRewards@insmed.com and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.

 

Applications are accepted for 5 calendar days from the date posted or until the position is filled.