2027 Future Talent Program - International Pricing Analytics - Intern
MSD
Summary
The International Pricing Analytics Intern will partner with the International Pricing team to design and implement a data-driven framework that quantifies, tracks, and communicates the value created by International Pricing in shaping global pricing decisions.
Job description
Key Responsibilities
Value Measurement Framework Development
- Design a methodology to quantify the value generated through International Pricing recommendations and interventions.
- Develop key performance indicators (KPIs) that measure revenue preservation from pricing strategy decisions, value generated through PAR recommendations, International Reference Pricing (IRP) risk mitigation, launch sequencing optimization, pricing strategy adoption rates, and access and reimbursement outcomes influenced by pricing guidance.
- Create a repeatable process for measuring realized versus projected impact.
Analytics & Data Management
- Collect and consolidate data from pricing systems, PAR records, forecasts, market submissions, and business cases.
- Develop analytical models to estimate financial and strategic value created by pricing decisions.
- Build dashboards and reports that visualize pricing impact at product, market, regional, and portfolio levels.
- Identify trends and drivers influencing pricing outcomes.
Process Mapping & Improvement
- Map current International Pricing workflows and decision points.
- Identify opportunities to automate data collection and reporting activities.
- Recommend enhancements to improve transparency, consistency, and efficiency in measuring team contributions.
- Document processes and create user guides for future maintenance of the system.
Stakeholder Engagement
- Conduct interviews with International Pricing team members and key stakeholders to understand decision-making processes.
- Gather business requirements and align stakeholders on success metrics.
- Present findings, recommendations, and prototypes to leadership.
- Translate complex pricing concepts into clear business insights.
Final Deliverable
- A documented International Pricing Value Framework
- A KPI dashboard and reporting tool
- A methodology for estimating financial and strategic value creation
- Recommendations for ongoing tracking and governance
- Executive-level presentation summarizing findings and impact
Preferred Project Outcomes
- How much value has International Pricing created through PAR recommendations?
- What revenue has been protected through IRP risk mitigation?
- How often do pricing recommendations influence final decisions?
- Which pricing interventions have the greatest business impact?
- What metrics best demonstrate the strategic contribution of International Pricing?
- How can value creation be consistently tracked over time?
Success Metrics
- Develop a measurable framework accepted by International Pricing leadership.
- Create a sustainable dashboard that can be maintained after the internship.
- Quantify historical and prospective value generated by pricing activities.
- Identify actionable opportunities to improve visibility into pricing decision impact.
- Deliver recommendations that support strategic business decision-making.
Requirements
- Pursuing a bachelor's or master's degree in Business Analytics, Economics, Finance, Data Science, Health Economics, Market Access, Public Health, Industrial Engineering or related field
- Strong analytical and problem-solving skills
- Experience with Excel and data analysis
- Effective written and verbal communication skills
- Ability to manage multiple projects and work independently
Benefits
- Hybrid Work Arrangement
- No Relocation
- No Travel Required
Company overview
MSD, known as Merck Sharp & Dohme outside the United States and Canada, is a global research-intensive biopharmaceutical company headquartered in Rahway, New Jersey. Founded in 1891, the company has established itself as one of the world's leading pharmaceutical corporations with a rich history spanning over 130 years. MSD operates as the international division of Merck & Co., Inc., focusing on the discovery, development, manufacturing, and marketing of innovative medicines, vaccines, biologic therapies, and animal health products. The company's extensive portfolio includes groundbreaking treatments in oncology, infectious diseases, cardiology, diabetes, and vaccines, with notable products such as Keytruda (pembrolizumab) for cancer immunotherapy, Gardasil for HPV prevention, and Januvia for diabetes management. MSD maintains a strong commitment to research and development, investing significantly in scientific innovation to address unmet medical needs worldwide. With approximately 75,000 employees globally, the company operates through four main segments: pharmaceuticals, animal health, healthcare services, and strategic alliances. MSD's mission centers on using leading-edge science to save and improve lives around the world, guided by the principle that medicine is for people, not profits.