Senior Director of Forecasting

Job Description SummaryGE Healthcare’s Chief Data and Analytics team delivers innovative data, insights and AI solutions for the organization. Our Enterprise AI team works on a diverse portfolio of ML, AI and GenAI projects, by combining agile and entrepreneurial drive with industry-leading methods and tools. Our efforts are fully supported by executive leadership, and we work hand in hand with our Business Partners through all stages of model development from ideation to deployment. As it takes multiple skill sets to deliver AI models to production, our Data and Analytics team includes Data Scientists, MLOps Engineers, Program Managers, Integrated Insights Managers, Architects, BI Developers, and Data/Platform engineers.

The Director of Forecasting will be responsible for transforming GE HealthCare’s enterprise capabilities in forecasting, including for developing strategy related to forecasting methodologies, processes, and technologies that will accelerate insight generation, enhance decision-making and planning across the organization. Partner with leaders in Integrated Supply Chain, Finance, Commercial, and Lean to identify business needs that shape this strategy. Lead the development and implementation of forecasting standards, tools, systems and standardized practices and guidelines to address the identified needs. In addition, this individual will hire and lead a team of forecasters with broad technical skills within this domain to deliver on these needs.


GE HealthCare is a leading global medical technology and digital solutions innovator. Our mission is to improve lives in the moments that matter. Unlock your ambition, turn ideas into world-changing realities, and join an organization where every voice makes a difference, and every difference builds a healthier world.

Job Description

The Senior Director of Forecasting is responsible for driving functional excellence in forecasting across global, regional, and segment teams that will identify critical business issues and opportunities for the strategic direction of GE HealthCare.

This team, in collaboration with functions such Integrated Supply Chain, Finance, Commercial, and Lean are to deliver fit-for-purpose forecasts to enable better decision-making and business planning across GE HealthCare. The team is composed of experts in forecasting, decision intelligence, AI, and financial engineering, who will operate as the COE for forecasting across the organization.

This role is located in Chicago. Relocation is available.

Roles and Responsibilities

• Shape the organizational mindset to envision the possibilities for forecasting as a tool to identify risks and opportunities that drive action-oriented, strategic decision-making and planning 

• Operate as a thought leader and visionary, with the ability to evangelize strategic use of forecasting, AI, and advanced analytics in decision-making and planning.  

• Establish centers of excellence within forecasting. Define and manage forecasting processes rooted in decision making from idea to implementation, ensuring that the solutions support the business objectives, and ensure risks and uncertainty are appropriately captured, while being fit-for-purpose. 

• Accountable for the roadmap of forecasting strategy. Responsible for integrity of all relevant resources on forecasting, including training materials, tools, frameworks, etc. as measured by the enablement of business outcomes. 

• Responsible for proposing methodology, process improvements, and technology solutions and getting buy-in from functional leaders / squad leaders, securing investments, and leading teams to implement such solutions.

• Establish and animate a global forecasting network / community of practice aimed at sharing best practices, innovating, inspiring, driving efficiencies, and supporting other forecasting organizations

• Collaborate with other planning functions to ensure that coordination, communication, and delivery of planning activities is reliable, accurate, and fit for purpose  

• Develop a culture and environment where forecasting managers thrive; oversee the development of competency models, career paths, and onboarding and training programs for the individuals in the group

• Collaborate with existing analytics teams, as well as key stakeholders, to identify existing, or new, areas that can benefit significantly from enhancements to forecasting methodologies, training or tools

• Provide technical leadership to team members and vendor resources. Manage vendors as appropriate.              

• Stay abreast of market evolutions and dynamics regarding GE HealthCare’s position in industry and therapeutic areas, proactively update forecasts with material market events

• Lead the consolidation of global forecasts and maintain an up-to-date view of the GE HealthCare’s portfolio’s key drivers of risks and opportunities in the short, mid and long-term, partnering with relevant Global functions. 

• Engage with Finance, Integrated Supply Chain, and Commercial in the preparation and presentation of results around planning events.

Qualifications

• Bachelor’s degree in Business, AI, Decision Intelligence, Economics, Statistics, Mathematics, Life Sciences or related

• 8+ years of healthcare data and analytics experience

• 2+ years of management experience 

• Previous experience leading & managing strategy development, forecasting, or consulting  related functions. 

• Strong leadership skills: excellent team management, coaching and mentoring skills; superior planning, process and influencing skills

• Demonstrated ability to be an effective change management leader for direct reports

• Business travel is required for regular internal and external business meetings

Desired Characteristics

• Masters/PhD in Business, AI, Decision Intelligence, Economics, Statistics, Mathematics, or Life Sciences graduate-level degree

• Exceptional structured problem solving and strategic agility abilities

• In-depth knowledge of forecasting, including patient-based approaches, time-series forecasting, probabilistic simulation, financial modelling, analogue analysis, and regarded by others as an expert in his/her field, as well as proven experience managing the alignment of forecasting/analytical methodologies across commercial, supply chain, and finance and driving resolution of large scale business challenges and complex data problems

• In-depth knowledge of decision analysis, including DQ, MCDA, systems thinking, problem structuring methods, process facilitation, cognitive biases etc. - and regarded by others as an expert in his/her field

• Knowledge of business analytics and associated practices relevant to the healthcare/MedTech/pharmaceutical/biotech industries (e.g., experience with secondary market research data and primary market research)

• In-depth knowledge of the MedTech industry, development, supply chain, and commercialization processes and broad therapeutic area knowledge relevant to GE HealthCare’s pipeline and marketed portfolio 

• Proven track record for consistently meeting or exceeding qualitative, as well as any relevant quantitative, targets and goals

• Ability to communicate forecasting and technical ideas and results to non-technical stakeholders in written and verbal form, including experience and level of comfort presenting concepts to senior executives

• Strong consulting skills: active listening skills, ability to extract and quickly process key information, summarize key needs or interests of clients, and provide targeted and appropriate insights and recommendations

• Strong interpersonal skills and collaboration: has proven abilities to work effectively and efficiently in cross-functional, often virtual and matrix teams

• Impeccable ethics and integrity

We expect all employees to live and breathe our behaviors: to act with humility and build trust; lead with transparency; deliver with focus, and drive ownership –always with unyielding integrity.

Our total rewards are designed to unlock your ambition by giving you the boost and flexibility you need to turn your ideas into world-changing realities. Our salary and benefits are everything you’d expect from an organization with global strength and scale, and you’ll be surrounded by career opportunities in a culture that fosters care, collaboration, and support.

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For U.S. based positions only, the pay range for this position is $197,472.00-$296,208.00 Annual. It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case. The specific compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience and location. In addition, this position may also be eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). GE HealthCare offers a competitive benefits package, including not but limited to medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, and tuition reimbursement.

GE HealthCare offers a great work environment, professional development, challenging careers, and competitive compensation. GE HealthCare is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE HealthCare will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID-19, some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.

Relocation Assistance Provided: Yes

Application Deadline: January 31, 2025