Market Development Analyst

Parexel Market Development Analyst

About this Role

About Parexel

Parexel is a leading global clinical development partner delivering insights-driven clinical and consulting solutions to the life sciences industry. With 22,000+ employees worldwide, we partner with biopharmaceutical companies and research sites to design and deliver patient-focused clinical trials that broaden access and make research a care option for anyone, anywhere.

We work with focus, agility, and shared purpose -- moving with urgency to address patient needs and accelerate the delivery of new therapies. We embrace bold thinking, adapt quickly to change, and continually raise the bar for the speed and quality of clinical research. We are expanding our team and seeking talented individuals to help drive industry-leading innovation, With Heart(R).

About the Role

We are seeking a Market Development Analyst to join our team in a remote capacity. As a Market Development Analyst, you will drive strategic growth by conducting comprehensive market research, competitive analysis, and business opportunity assessments that inform organizational strategy. This position plays a key role in identifying emerging market trends, evaluating competitive landscapes, and uncovering growth opportunities within the clinical research industry. You'll collaborate with business development, marketing, and strategy teams to translate market insights into actionable recommendations that position Parexel competitively in an evolving marketplace. Responsibilities include gathering and analyzing market data, researching competitor activities, evaluating business opportunities, and developing client insights, with opportunities to deepen your expertise in healthcare market dynamics and strategic planning.

You'll join a fast-paced, growth-oriented environment focused on making a meaningful impact through data-driven market intelligence, strategic analysis, and business case development. With diverse teams and continuous learning opportunities, the Market Development Analyst can explore career paths and expand skills across clinical research strategy and business development.

Key Responsibilities

• Gather, analyze, and synthesize market data on industry trends, competitive activities, and business opportunities to inform strategic decision-making

• Research and evaluate competitor service offerings, market positioning, and strategies to identify competitive differentiators and enhancement opportunities

• Support the evaluation and financial analysis of potential business opportunities, market entries, and service expansions through business case development

• Analyze client needs, preferences, and satisfaction data to develop segmentation models and value propositions aligned with market opportunities

• Prepare analytical reports, presentations, and market-focused materials that communicate findings and recommendations to business audiences

• Collaborate with cross-functional teams including business development, marketing, and account management to gather insights and support strategic initiatives

• Candidate Profile

You'll thrive in this role if you bring:

• Strong analytical and critical thinking skills with proficiency in data analysis and financial modeling

• Advanced Microsoft Excel skills and experience with data visualization and statistical analysis tools

• Knowledge of the clinical research industry, pharmaceutical/biotechnology market trends, and drug development processes

• Excellent communication and presentation skills with the ability to synthesize complex information for business audiences

• Strong attention to detail, project management capabilities, and ability to prioritize across multiple initiatives

• Collaborative mindset with ability to work effectively across business development, marketing, and strategy teams

• Required Qualifications

• Bachelor's degree in business, economics, life sciences, healthcare administration, or related field

• 2-4 years of experience in market research, business analysis, or related roles

• Background in healthcare, life sciences, or related industries with understanding of clinical research dynamics

• Experience with data analysis, market assessment projects, and industry databases

• Demonstrated proficiency in Microsoft Excel, PowerPoint, and statistical analysis software (SPSS, SAS, or R)

• Strong written and verbal communication skills with ability to prepare analytical reports and presentations

• Preferred Qualifications

• Master's degree in business administration, market research, or related field

• Professional Researcher Certification (PRC) or Competitive Intelligence Professional (CIP) certification

• Experience with competitive intelligence gathering and benchmarking studies

• Familiarity with healthcare systems, reimbursement models, and pharmaceutical market trends

• Benefits and Compensation

• Health, Vision & Dental Insurance

• Tuition Reimbursement

• Vacation/Holiday/Sick Time

• Flexible Spending & Health Savings Accounts

• Work/Life Balance

• 401(k) with Company match

• Pet Insurance

• For a complete list of benefits, please visit Parexel benefits information.

• The potential base pay range for this role is $75K with an incentive bonus plan. The actual salary offered may vary within this range based on several factors, including the position and level offered, skills, education, training, experience, professional achievements, and location.

• Some roles may also be eligible for additional incentives, bonuses, or other compensation programs. Our Talent Acquisition team will provide details on applicable bonus plans or incentive structures for eligible positions.

• We offer a comprehensive benefits package to eligible employees, which includes paid time off, a 401(k) match, life insurance, health insurance, and additional benefit offerings in accordance with the terms of our applicable plans.

• If this job doesn't sound like the next step in your career, but perhaps you know of someone who'd be a perfect fit, send them the link to apply!

• We believe in flexibility, growth, and creating space for people to do their best work. Join us and be part of a team where your contributions help shape the future of clinical research.

• LI-REMOTE

• EEO Disclaimer

• Parexel is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to legally protected status, which in the United States includes race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

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