The Market Analysis & Forecasting (MA&F) analyst role offers an opportunity to join an established team helping to reshape the Philips HealthTech opportunity shaped by convergence between Healthcare and Consumer markets. This opportunity range from intersection of consumer and clinical spaces, going through customers expressing need for integrated solutions, systems integration, connected devices, to big data and analytics.
This convergence is captured in the health continuum starting with the (a) Healthy Living, (b) Prevention, followed by (c) Diagnosis, (d) Treatment, (e) Recovery and ending with (f) Home Care.
As a Junior Analyst in the Market Analysis & Forecasting (MA&F) team, you will identify and gain an in-depth understanding of key global and local market drivers spanning the HealthTech business segments to support model-based market size and forecasting for specific business segments. These models and your data processing support will be integral in shaping business strategy and driving the planning process within the company.
This position will work side-by-side with the Strategy, Merger & Acquisitions and Partnerships and Business Development teams, and will have a direct line of access to the Philips geographic market leaders and the Health Systems business segment management teams.
As a Junior Analyst in the MA&F team you will:
Support the comprehensive model-based market sizing and forecasting (in excel)
Develop expertise in your segment's product offerings and market dynamics and generate insightful analyses for key executives across Philips HealthTech
Collaborate on a project basis with MA&F mainstream market analysts, group strategy and business development, business groups and markets organizations, marketing intelligence teams, finance, investor relations, to leverage the MA&F's models and analytical capabilities
Manage historical market share performance and develop competitor analyses for key stakeholders
Develop and maintain relationships with key members of the markets and business groups teams to capture relevant data points and knowledge required to drive further model forecast accuracy
You will be situated within the Market Analysis & Forecasting team, which reports into the Head of Strategy, Merger & Acquisitions and Partnerships of Philips. The team is composed of analysts covering the businesses and activities of Philips. The MA&F team is the analytical power house within Philips HealthTech, providing fact-based market models and insightful analyses to key stakeholders across HealthTech’s business sectors and geographies
As a team member in one of Philips HealthTech Group functions, you will be at the heart of our worldwide company. These Group departments play a key role in supporting the Royal Philips Executive Committee.
Your work will (a) directly impact the strategic and marketing decisions, (b) deliver underpinned data of our company performance, and (c) will be integral in setting company-wide strategy.
What we look for:
Candidates must have a university degree, preferably in, Engineering or Business / Finance (MBA or other relevant graduate degree is a plus).
Successful candidates should (1) be comfortable networking both within and outside of Royal Philips, (2) have strong analytical skills and (3) possess solid presentation skills to deliver various market insights to key Royal Philips business group and geographic market decision makers. We expect our team members to exhibit a high level of integrity, stress resistance, flexibility and creativity.
Minimum of 2 years of experience in an analytical role
Proven background in healthcare market analysis (i.e., equity research, investment banking, strategy consulting, corporate finance, or other relevant employment)
International exposure a plus
Cambridge, Massachusetts, USA
Why should you join Philips?
Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum. Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways.
To find out more about what it’s like working for Philips at a personal level, visit the Working at Philips page on our career website, where you can read stories from our employee blog. Once there, you can also learn about our recruitment process, or find answers to some of the frequently asked questions.
It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without to age, color, citizenship, disability or perceived disability, ethnicity, gender, gender identity or expression, genetic information, marital or domestic partner status, military or veteran status, national origin, pregnancy/childbirth, race, religion, sexual orientation, or any other category protected by federal, state and/or local laws. Philips is an equal employment opportunity and affirmative action employer Disability/Veteran.
As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.