Purpose of the Job
A research analyst delivers insightful reports through the provision of research and analysis from secondary sources and subscribed databases either on a standalone basis or in conjunction with team members.
Role and Responsibilities -
Research Delivery
The primary role of a research analyst is to deliver professional and insightful research reports. This would involve:
- Research Design: design research approach / storyboard to meet the client expectations within the specified deadline
- Conduct Research: conduct research to the scope of work using secondary sources and if required primary means
- Team work: While the research analyst is expected to carry out his/her work, he/she might also be a part of a larger team to deliver assignments/projects on a need to need basis
Types of Work
Although we work also varied types of assignment, some typical ones could include:
Market and Industry Analysis
- A typical market and industry analysis work will involve assessing the market potential in terms of size and growth, analysis of various trends within the market/industry, drivers and challenges, potential opportunities etc.
Company / Account Intelligence & Analysis
- A typical company / account intelligence work will involve presenting facts and figures about a company's structure, business segments, financials, competitors, future strategies etc.
Competitor Intelligence & Analysis
- A typical competitor intelligence work will involve benchmarking a company against its competitors against various parameters such as financial performance, services, clients, analyst opinion etc.
Desired Skills and Experience
Knowledge
- Should possess knowledge of tools and techniques on how a market research should be conducted
- Should possess a sound understanding of Healthcare and Life sciences ecosystem involving providers, healthcare intermediaries (GPOs, distributors) and pharmaceutical and medical device manufacturers. With respect to of life science's industry, project experience on therapeutic areas like cardiovascular, metabolic disorders and immunology would be desirable.
- Strong working knowledge in MS Office 2007 (Word, Excel and PowerPoint).
- Candidates with good working knowledge in analytical frameworks such SWOT, BCG Matrix, Value-chain analysis, 3C model, Time-Series Model etc. are preferred.
Skills
- Should possess excellent secondary research skills.
- Should possess good presentation skills with the use of innovative frameworks to present the research findings/output in a professional manner
- Should be able to think analytically in order to:
- Effectively assess each research requirement from clients
- To draw clear and concise conclusions from the research work to be presented to various executive leaders across the client teams
- Good communication and interpersonal skills
- Ability to lead from the front as and when required
- Should be an excellent team player and must be comfortable working with people from diverse cultures and backgrounds
Experience
Full-time M. Pharm or MBA with Life science background from a reputed institute is mandatory
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