Corporate Strategy Analyst

Categories: Corporate Strategy
Crinetics is a pharmaceutical company based in San Diego, California that develops much-needed therapies for people with rare endocrine diseases. We were founded by a dedicated team of scientists with the simple belief that better therapies developed from rigorous innovation can lead to better lives. Our work continues to make a real difference in the lives of patients. We have a prolific discovery engine and robust pipeline across preclinical and clinical development. We are driven by science with a patient-centric and team-oriented culture. This is an exciting time to join Crinetics as we shape our organization into the world’s premier fully integrated endocrine company from discovery to patients. Come join our team as we transform the lives of others.
Position Summary:
Reporting to the Senior Director of Strategy & Business Development, Crinetics Pharmaceuticals is seeking a Corporate Strategy Analyst to support multiple aspects of the business.  This position plays a key role within the corporate strategy organization focused on business planning and market analysis activities by providing objective, in-depth information on current and future markets, customers, and competitors. The position works closely with Corporate Strategy, Business Development, and New Product Planning members. This is to assess critical business issues and opportunities for growth, and R&D to assess and communicate cross-functional business cases.  This role will be focused on driving critical business insights for our leadership team, and partner with stakeholders throughout the company to assess new opportunities and execute on ideas. The successful candidate will embrace being a generalist who uses data to inform recommendation and also have a mind for higher-level strategy.
Essential Job Functions and Responsibilities:
These may include but are not limited to:
  • Use analytical and statistical techniques to solve complex problems and drive business decisions
  • Strong business instincts and fluency in finance, business analytics and valuation methodologies, including key concepts around NPV, IRR, and DCF
  • Ability to dive into a valuation model, understand the key value drivers, risks, and opportunities (strong forecasting and financial modelling capability a plus)
  • Participate in deal structure discussions and support transaction through modeling of deal terms to inform value split and sensitivity analysis
  • Analyze competitive therapeutic landscape from the financial and scientific perspectives
  • Proactively monitor, track industry trends, competitive assets on market and in development within therapeutic areas relevant to the organization
  • Landscape analysis for potential partners who are strategically aligned with the organization’s vision and pipeline
  • Attend industry conferences and webinars to gather relevant competitor insights, and inform the organization on any critical updates
  • Identify and reconcile similarities and/or differences of insights gathered from publicly available resources with those gathered internally by market research and internal market analysis 
  • Support NPP by assisting in development and execution of primary and secondary market research workstreams
  • Support Discovery and R&D to quantify and qualify market opportunities for indications of interest
  • Support Business Development engagement of potential partners and assist in the deal relationship
  • Support management by creating and contributing to presentations and other projects
  • Demonstrate cross-functional collaboration within the organization as part of communicating relevant insights to functional groups across the organization
  • Other duties as assigned
Education and Experience:
  • Bachelors or equivalent degree with at least 5 years of relevant experience, preferably in the life sciences or related industry  
  • MBA or advanced degree in relevant scientific field preferred (an equivalent combination of experience and education may be considered)
  • High caliber Excel and PowerPoint skills and due diligence
  • Strong analytical skills and broad business understanding of the biotech/pharmaceutical business and R&D process
  • Experience interpreting the scientific/regulatory/commercial considerations of drug products and biopharmaceutical companies
  • Familiarity with the principles of strategic evaluations and building business cases
  • Ability to travel as business requires
  • Strong communication skills
  • Ability to work productively in a team environment
  • Well organized and detail oriented
  • Resourceful, creative, enthusiastic, and results-oriented
  • Self-starter who can work independently
  • Acts with integrity and respect at all times
  • Enjoy working in a fast-paced and rapidly growing
  • Prior experience in finance, banking, strategy consulting, or business development in the biopharmaceutical or healthcare space is preferred
Physical Demands and Work Environment:
Physical Activities: On a continuous basis, sit at desk for a long period of time; intermittently answer telephone and write or use a keyboard to communicate through written means. Some walking and lifting up to 25 lbs. may be required. The noise level in the work environment is typically low to moderate. The physical demands described above are representative of those that must be met by an employee to successfully perform the essential functions and responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and responsibilities.
Laboratory Activities (if applicable): Biology and chemical laboratory environment experience needed. Environmental health and safety requirements also apply.
You may be required to travel for up to 15% of your time.
The Anticipated Base Salary Range:  $85,000 – $105,000
In addition to your base pay, our total rewards program consists of a discretionary annual target bonus, stock options, ESPP, and 401k match. We also provide top-notch health insurance plans for employees (and their families) to include medical, dental, vision and basic life insurance, 20 days of PTO, 10 paid holidays, and a winter company shutdown.
The final salary offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and length of experience and education. Crinetics Pharmaceuticals is a multi-state employer, and this salary range may not reflect positions that work in other states. Your recruiter can share more about the specific salary range during the hiring process.
Equal Opportunity Employer:
Crinetics is proud to be an Equal Opportunity Employer. We provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of sex, sexual orientation, gender (including gender identity and/or expression), pregnancy, race, color, creed, national or ethnic origin, citizenship status, religion or similar philosophical beliefs, disability, marital and civil union status, age, genetic information, veteran status or any personal attribute or characteristic that is protected by applicable local, state or federal laws.
Vaccination requirement:
Following extensive monitoring, research, consideration of business implications, and advice from internal and external experts, Crinetics requires that all employees and contractors be fully vaccinated and have received the COVID-19 vaccines as a condition of employment. “Full vaccination” is defined as two weeks after both doses of a two-dose vaccine or two weeks since a single-dose vaccine has been administered. Anyone unable to be vaccinated, either because of a sincerely held religious belief or a medical condition or disability that prevents them from being vaccinated, can request a reasonable accommodation.