Location: Hybrid (Boston, New York, or San Francisco)-50% in office
Eligibility: Candidates must reside in the same country where the role is located
Associate Consultant - Financial Institutions ConsultingThe IQVIA Financial Institutions Consulting group (FIC) focuses on partnering with Global Financial Investors (e.g., Private Equity, Venture Capital, Hedge Funds) and corporate clients (e.g. Biopharma companies) on M&A, investment, and strategic engagements.
IQVIA FIC supports investment decisions across the healthcare/life sciences sector and offers value-creation partnerships that maximize ROI and generate significant business pull-through for IQVIA. As such, the IQVIA FIC team engages with healthcare/life sciences investors globally to provide expertise and support on strategy, commercial due diligence, company/target screening, carve-outs, divestments, portfolio value creation, and other business development engagements.
Individuals joining IQVIA FIC are offered a progressive and rewarding career with a clear path to advancement. You will have the opportunity to address complex and challenging client issues as an integral part of the project team. We operate in a truly multicultural, collegial, and collaborative work environment that fosters professional development and growth.
Responsibilities:- Contribute to internal brainstorming sessions to develop project methodology and recommendations
- Conduct primary and secondary research to inform client solutions, leveraging IQVIA's proprietary tools and databases as necessary
- Perform quantitative and qualitative analyses to inform strategic recommendations; exercise informed judgment in identifying the approach to addressing key business questions
- Conduct market sizing, competitive landscape assessments, and growth forecasting using both proprietary and public data sources
- Interview senior leaders and executives on the client team or external stakeholders (e.g. physicians, health insurers, thought leaders, and patients)
- Take ownership for the development of reports, presentations and other client deliverables, under the guidance of more senior team members
- Present to client audiences via teleconference or in face-to-face meetings at the client site
- Cultivate professional relationships with members of the client team
- Acquire deep knowledge of IQVIA data sources and tools
- Proactively develop knowledge of the healthcare industry and consulting methodologies
- Leveraging healthcare / life science education background and knowledge to understand pharmaceutical / biotech client's business, product, and related therapeutic area / market
- Leveraging healthcare / life science education background to conduct primary research with Key Opinion Leaders and other stakeholders in the healthcare space and develop key insights of R&D trend, therapeutic approach, unmet medical need, and related topics
- Leveraging healthcare and life science education background to conduct secondary research (e.g. scientific publications, databases, technology reports, etc.) and develop key evidence / solutions for pharmaceutical / biotech client's business questions
- Leveraging healthcare / life science education background to understand pharmaceutical market structure, and math / engineering education background to develop quantitative model to reflect revenue flow and market dynamics
- Assist in proposal development and thought leadership activities
Skills & Experience:- Strong capability in managing priorities so that deadlines are met while retaining consistent, high-quality outcomes
- Willingness and ability to work effectively with others in and across the organization to accomplish team goals
- Ability to think creatively and create innovative solutions where needed
- Knowledge of key issues and current developments in the pharmaceutical and healthcare industries
- Demonstrable analytical, interpretative, and problem-solving skills
- Excellent presentation, communication, and client influencing skills
- Well-developed written and verbal communication skills including presentations, leading meetings, business and report writing
- Knowledge of consulting methodologies, tools, and techniques
- Familiarity with financial modeling, valuation techniques, and investment analysis
- Experience or interest in working with private equity, venture capital, or hedge fund clients is preferred
Qualifications & Requirements:- An advanced degree (MPH/MS/MBA) in a life sciences related field with work experience, or relevant undergraduate degree with 1-3 years of relevant post-undergraduate work experience
- Background in finance, economics, business, or STEM fields required
- Prior internship or work experience in consulting, investment banking, or healthcare strategy required
- An avid interest in the healthcare and life science industries with the ability to take initiative to follow new trends and changes in the market
- Strong business acumen and understanding of client-based businesses
- Project management experience desired
- Excellent interpersonal and team-working skills required
- Exceptional written, numerical, and problem-solving skills required
- Adaptability and an ability to learn quickly and apply new knowledge
The potential base pay range for this role, when annualized, is $65,400.00 - $163,600.00. The actual base pay offered may vary based on a number of factors including job-related qualifications such as knowledge, skills, education, and experience; location; and/or schedule (full or part-time). Dependent on the position offered, incentive plans, bonuses, and/or other forms of compensation may be offered, in addition to a range of health and welfare and/or other benefits.
