# International Pricing Analytics Intern - International Pricing Analytics at Merck - Company: [Merck](https://msd.com) - Location: Rahway, NJ - Type: Internship ยท Internship - Posted: 2026-10-08 - Apply: https://msd.wd5.myworkdayjobs.com/searchjobs/job/USA---New-Jersey---Rahway/XMLNAME-2027-Future-Talent-Program---International-Pricing-Analytics---Intern_R420041 - Page: https://newgrad.ai/jobs/international-pricing-analytics-intern-international-pricing-d7f43d08 ## Summary by newgrad.ai What you'll do: - Create a system to quantify the business impact of pricing team recommendations and decisions. - Establish metrics measuring cost savings, mitigation of pricing risks, market entry timing, and patient access improvements. - Construct visual reports and statistical models showing how pricing choices affect revenue across product lines and regions. - Document current processes, spot chances to streamline data gathering, and share insights with senior management. What they're looking for: - Currently enrolled in a bachelor's or master's program in quantitative fields like analytics, economics, finance, or health policy. - Demonstrated capability in statistical analysis and logical reasoning using spreadsheet software. - Clear communication abilities and capacity to juggle concurrent assignments with minimal supervision. - Bonus qualifications: familiarity with visualization platforms like Power BI or Tableau; background in drug pricing or healthcare strategy. Pay and perks: - Compensation between $39,908 and $111,111 annually. - 12-week fixed-term internship at Rahway, NJ location offering flexible scheduling options. ## Posting The Future Talent Program features internships that last up to 12 weeks and will include one or more projects. These opportunities in our Human Health Division can provide you with great development and a chance to see if we are the right company for your long-term goals. The International Pricing Analytics Intern will partner with the International Pricing team to design and implement a data-driven framework that quantifies, tracks, and communicates the value created by International Pricing in shaping global pricing decisions. The intern will develop methodologies, dashboards, and business metrics that demonstrate how pricing recommendations influence revenue, access, launch sequencing, pricing risk mitigation, and overall portfolio performance. This role combines strategic business analysis, pricing analytics, process mapping, and data visualization. The intern will work cross-functionally with Pricing, Market Access, Finance, Commercial, and Regional teams to establish a sustainable system for measuring the impact of International Pricing activities across the product lifecycle. ### Key Responsibilities Value Measurement Framework Development - Design a methodology to quantify the value generated through International Pricing recommendations and interventions. - Develop key performance indicators (KPIs) that measure - Revenue preservation from pricing strategy decisions - Value generated through PAR recommendations - International Reference Pricing (IRP) risk mitigation - Launch sequencing optimization - Pricing strategy adoption rates - Access and reimbursement outcomes influenced by pricing guidance - Create a repeatable process for measuring realized versus projected impact. Analytics & Data Management - Collect and consolidate data from pricing systems, PAR records, forecasts, market submissions, and business cases. - Develop analytical models to estimate financial and strategic value created by pricing decisions. - Build dashboards and reports that visualize pricing impact at product, market, regional, and portfolio levels. - Identify trends and drivers influencing pricing outcomes. Process Mapping & Improvement - Map current International Pricing workflows and decision points. - Identify opportunities to automate data collection and reporting activities. - Recommend enhancements to improve transparency, consistency, and efficiency in measuring team contributions. - Document processes and create user guides for future maintenance of the system. Stakeholder Engagement - Conduct interviews with International Pricing team members and key stakeholders to understand decision-making processes. - Gather business requirements and align stakeholders on success metrics. - Present findings, recommendations, and prototypes to leadership. - Translate complex pricing concepts into clear business insights. ### Final Deliverable By the conclusion of the internship, the candidate will deliver: - A documented International Pricing Value Framework - A KPI dashboard and reporting tool - A methodology for estimating financial and strategic value creation - Recommendations for ongoing tracking and governance - Executive-level presentation summarizing findings and impact ### Preferred Project Outcomes The intern will help answer questions such as: - How much value has International Pricing created through PAR recommendations? - What revenue has been protected through IRP risk mitigation? - How often do pricing recommendations influence final decisions? - Which pricing interventions have the greatest business impact? - What metrics best demonstrate the strategic contribution of International Pricing? - How can value creation be consistently tracked over time? ### Success Metrics A successful intern will: - Develop a measurable framework accepted by International Pricing leadership. - Create a sustainable dashboard that can be maintained after the internship. - Quantify historical and prospective value generated by pricing activities. - Identify actionable opportunities to improve visibility into pricing decision impact. - Deliver recommendations that support strategic business decision-making. ### Required Qualifications - Pursuing a bachelor's or master's degree in: Business Analytics, Economics, Finance, Data Science, Health Economics, Market Access, Public Health, Industrial Engineering or related field - Strong analytical and problem-solving skills. - Experience with Excel and data analysis. - Effective written and verbal communication skills. - Ability to manage multiple projects and work independently. ### Preferred - Experience with Power BI, Tableau, SQL, Python, or R. - Interest in pharmaceutical pricing, market access, health economics, or healthcare strategy. - Familiarity with KPI development and business process improvement. - Experience creating dashboards and executive presentations. Please note that this position may be closed before the posted end date or may remain open longer, at the discretion of the company. Salary range: $39,908 - $111,111 USD Employee Status: Intern/Co-op (Fixed Term) Relocation: No relocation VISA Sponsorship: No Travel Requirements: No Travel Required Flexible Work Arrangements: Hybrid Valid Driving License: No Job Posting End Date: 11/13/2026 As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics. As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit: EEOC Know Your Rights EEOC GINA Supplement We are proud to be a company that embraces the value of bringing together, talented, and committed people with diverse experiences, perspectives, skills and backgrounds. The fastest way to breakthrough innovation is when people with diverse ideas, broad experiences, backgrounds, and skills come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another's thinking and approach problems collectively. Learn more about your rights, including under California, Colorado and other US State Acts San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance Los Angeles Residents Only: We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance From Merck's public posting, laid out for reading by newgrad.ai with the wording unchanged. Check the original before you apply. --- More new-grad and intern roles: https://newgrad.ai/llms.txt