At a Glance
- Tasks: Join a pivotal R&D initiative to manage and realize benefits in Pharma.
- Company: GCS is a leading employment business in the Pharma and Life-Science sector.
- Benefits: Enjoy remote work flexibility with occasional visits and a 6-month contract.
- Why this job: Make a real impact in healthcare while collaborating with diverse partners.
- Qualifications: Expertise in benefits management and strong data modeling skills required.
- Other info: Ideal for those passionate about Pharma and looking to grow their analytical skills.
The predicted salary is between 42000 - 84000 £ per year.
Role- Business Analyst – Benefits Realisation Type- Remote (might need to visit once a month if necessary) Nature- Contract – Outside IR35 Base location- Cambridge, UK Duration of the contract- 6 months Start date: ASAP Business Analyst (Oncology R&D) Mandatory Industry experience – Pharma/Healthcare/Clinical/Lifescience What you’ll do Work directly in a pivotal R&D initiative that requires support on Benefits Definition, Management, Ownership and Realisation. Enable the initiative to discover opportunities for an increased benefits profile, work with partners to define benefits and get sponsorship and agreement from business units to be responsible for the realisation of those benefits. Liaise with the Initiative Business Architect to include verified benefits into the centralised program benefits model and participate in regular reviews as required as a result of program change. Accountabilities Gather quantitative (effort efficiency, duration reduction) and qualitative benefits from initiative workstreams as required. Collaborate on the elicitation of those benefits with key partners within and outside of the initiative. Challenge effectively and constructively to ensure the benefits are carefully considered before being ‘banked’. Provide clear guidance to those partners on Project Managers, Workstream Leads and Subject Matter Experts on what benefits to capture and how. Communicate those benefits clearly and succinctly, focussing on benefits that will provide the greatest return / chance of successful realisation. Collaborate with business partners to gain ownership of those benefits to enable ongoing benefits realisation when the initiative ends. Perform complex modelling to understand when the benefits will occur as a result of workstream delivery and business adoption plans. Work with the ORD COO PMO Business Architect to assimilate new, or updated, benefits into centralised program benefits profile. Update, or re-map, existing benefits profiles, considering ongoing program change. Participate in quarterly formal updates to senior leadership on benefits profile changes.Expected Outcomes Benefits management is an ongoing process in the critical initiative, benefits are clear and realistic and known changes are proactively analysed to maintain the integrity of the initiative. Business representatives own and realise the benefits. Essential Criteria Expertise in Benefits definition, management, ownership and realisation. Aptitude for complex data modelling and strong mathematical skills. Attention to detail is critical. Excellent written, verbal and visual communication skills. Ability to translate complex problems into simple, understandable solutions. Excellent organisational skills and the ability to run multiple complex work items in parallel. Strong relationship builder who can collaborate with, and influence, partners at multiple levels of an organisation, and who is not afraid to challenge effectively. Consistent record of experience in this field.Desired Criteria Requirements Elicitation Scope Management Problem Solving Process Management Formal qualifications in business analysis, process management, project management, and/or change manage management methodologies. Degree in business or scientific field Experience of working in a global organisation with complex/geographical context. Pharmaceutical R&D experience.GCS is acting as an Employment Business in relation to this vacancy
Business Analyst - Benefits Realisation (Pharma & Life-Science) employer: GCS Ltd
Contact Detail:
GCS Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst - Benefits Realisation (Pharma & Life-Science)
✨Tip Number 1
Familiarize yourself with the latest trends and challenges in the Pharma and Life-Science sectors. Understanding the current landscape will help you speak confidently about how you can contribute to benefits realization in R&D initiatives.
✨Tip Number 2
Network with professionals in the industry, especially those who have experience in benefits management and R&D. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples from your past experiences where you successfully defined and managed benefits in a project. Highlighting your achievements will demonstrate your capability to handle the responsibilities of this role.
✨Tip Number 4
Stay updated on the methodologies used in benefits realization and data modeling. Being well-versed in these areas will not only boost your confidence but also show that you are proactive and committed to continuous learning.
We think you need these skills to ace Business Analyst - Benefits Realisation (Pharma & Life-Science)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Pharma, Healthcare, or Life Sciences. Focus on your expertise in benefits definition and management, as well as any complex data modeling skills you possess.
Craft a Compelling Cover Letter: In your cover letter, emphasize your ability to translate complex problems into simple solutions. Mention specific examples of how you've successfully managed benefits realization in previous roles.
Showcase Communication Skills: Since excellent communication is crucial for this role, provide examples in your application that demonstrate your written, verbal, and visual communication skills. Highlight instances where you effectively collaborated with various stakeholders.
Highlight Organizational Abilities: Discuss your organizational skills and your experience managing multiple complex work items simultaneously. This will show that you can handle the demands of the role effectively.
How to prepare for a job interview at GCS Ltd
✨Showcase Your Industry Knowledge
Make sure to highlight your experience in the Pharma, Healthcare, or Life Sciences sectors. Be prepared to discuss specific projects where you successfully defined and managed benefits, as this will demonstrate your understanding of the industry.
✨Demonstrate Data Modelling Skills
Since complex data modelling is a key part of the role, come ready to discuss your experience with data analysis and modelling techniques. You might even want to prepare a brief example of how you've used these skills to drive benefits realisation in past roles.
✨Communicate Clearly and Effectively
Given the importance of communication in this role, practice articulating complex ideas in a simple and concise manner. Use examples from your previous work to illustrate how you’ve successfully communicated benefits to stakeholders.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and how you handle challenges. Think of scenarios where you had to influence partners or manage multiple workstreams, and be ready to explain your approach and the outcomes.