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Associate Forecasting Analyst Jobs in Elkton, MD

Mentor Associate ORO Analysts through review of communications, reports, tickets, and process execution. * Drive continuous improvement initiatives that reduce manual effort, improve visibility, or ...

Senior Financial Analyst

Wilmington, DE ยท Hybrid

$65K - $94K/yr

The Senior Analyst drives strategic decision-making by performing financial modeling, forecasting ... Present analytical findings and associate recommendations to Senior Leadership (CFO, CAO, VPs, etc.

Senior Financial Analyst

Wilmington, DE ยท Hybrid

$65K - $94K/yr

The Senior Analyst drives strategic decision-making by performing financial modeling, forecasting ... Present analytical findings and associate recommendations to Senior Leadership (CFO, CAO, VPs, etc.

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Associate Forecasting Analyst information

See Elkton, MD salary details

$28.1K

$71.3K

$121.6K

How much do associate forecasting analyst jobs pay per year?

As of Aug 29, 2026, the average yearly pay for associate forecasting analyst in Elkton, MD is $71,340.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,200.00 and $78,900.00 per year, depending on experience, location, and employer.

What does an associate forecasting analyst do?

An Associate Forecasting Analyst is responsible for collecting and analyzing data to predict future trends in areas such as sales, inventory, or customer demand. They work closely with senior analysts and other departments to develop models that support business planning and decision-making. Their tasks often include preparing reports, maintaining forecasting tools, and making recommendations to improve accuracy and efficiency. The role typically requires strong analytical skills, attention to detail, and proficiency with statistical software.

What are some common challenges faced by associate forecasting analysts, and how can they effectively address them?

Associate Forecasting Analysts often encounter challenges such as managing incomplete or inconsistent data, adapting to rapidly changing market conditions, and balancing multiple projects with tight deadlines. To address these challenges, it's important to communicate proactively with cross-functional teams, leverage advanced analytical tools, and stay updated on industry trends. Developing strong collaboration skills and being detail-oriented can help ensure forecasts are both accurate and actionable, which is highly valued by employers.

What are the key skills and qualifications needed to thrive as an associate forecasting analyst, and why are they important?

To thrive as an Associate Forecasting Analyst, you need strong analytical skills, proficiency in statistics, and a bachelor's degree in finance, mathematics, economics, or a related field. Familiarity with forecasting software, Excel, SQL, and statistical tools like R or Python is typically required. Attention to detail, effective communication, and the ability to solve problems collaboratively are standout soft skills for this role. These competencies ensure accurate predictions, data-driven decision-making, and successful cross-functional teamwork in dynamic business environments.

What is the difference between Associate Forecasting Analyst vs Data Analyst?

AspectAssociate Forecasting AnalystData Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some roles may prefer certifications in data analysis or forecastingBachelor's degree in statistics, mathematics, computer science, or related field; certifications like Microsoft Excel or SQL are common
Work EnvironmentFinancial or business analytics teams, often in corporate or consulting settingsData-focused teams across various industries, including finance, healthcare, and marketing
Employer & Industry UsageFinancial institutions, consulting firms, corporate finance departmentsVarious industries including finance, healthcare, marketing, and technology

The Associate Forecasting Analyst primarily focuses on developing financial and business forecasts using statistical models, while Data Analysts handle broader data collection, analysis, and reporting tasks. Both roles require strong analytical skills and familiarity with data tools, but the Forecasting Analyst specializes more in predictive modeling within finance or business contexts.

What are popular job titles related to Associate Forecasting Analyst jobs in Elkton, MD?

For Associate Forecasting Analyst jobs in Elkton, MD, the most frequently searched job titles are:

What cities near Elkton, MD are hiring for Associate Forecasting Analyst jobs?

Cities near Elkton, MD with the most Associate Forecasting Analyst job openings:

Infographic showing various Associate Forecasting Analyst job openings in Elkton, MD as of August 2026, with employment types broken down into 1% As Needed, 70% Full Time, 27% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $71,340 per year, or $34.3 per hour.

Assoc.Director, LST Forecasting & Insights

Incyte Corporation

Chadds Ford, PA โ€ข On-site

Full-time

Posted 28 days ago


Job description

Overview
A global biopharmaceutical company on a mission to Solve On, Incyte follows science to find solutions for patients with unmet medical needs. Through the discovery, development, and commercialization of proprietary therapeutics, Incyte has established a portfolio of first-in-class medicines for patients and a strong pipeline of products in Hematology, Oncology and Inflammation and Autoimmunity
Headquartered in Wilmington, Delaware, Incyte has operations in North America, Europe, and Asia.
Job Summary: The Associate Director of Market Insights and Forecasting is a pivotal role responsible for leading and executing market research initiatives and forecasting activities within the oncology sector of the pharmaceutical industry. This position requires a professional with solid experience in both market insights and forecasting, capable of delivering strategic and actionable insights that support decision-making across marketing, sales, market access, and other commercial functions. The ideal candidate will have a background in the pharmaceutical or biotechnology industry, with a strong emphasis on oncology.
Key Responsibilities: Market Insights and Research:
  • Lead and manage primary and secondary market research projects to inform and guide strategic business decisions in the oncology space.
  • Oversee the generation of market insights that support launch planning, strategy, and tactical development for oncology indications.
  • Collect, analyze, and synthesize market information from diverse sources to provide insights on market dynamics, competitive landscapes, and product performance.
  • Collaborate with global teams to develop launch strategies and execute supporting insights projects.
  • Establish and manage tracking studies, KPIs, and routine performance tracking for oncology products. Forecasting:
  • Develop, maintain, and update product forecasts for both in-line and pipeline oncology products, incorporating advanced forecasting models and methodologies.
  • Align forecasts with business objectives by collaborating with finance, commercial, and supply chain teams.
  • Present forecasting insights to senior leadership, providing clear explanations of assumptions, methodologies, and results.
  • Incorporate market insights into forecasting assumptions and track key metrics through established studies. Communication and Collaboration:
  • Translate complex research findings into actionable and simple recommendations for senior leadership and cross-functional teams.
  • Lead the development of management and executive performance reports and presentations.
  • Collaborate with stakeholders across marketing, sales, market access, and medical affairs to ensure insights inform key business strategies.

Qualifications: Education:
  • A degree in a relevant field (e.g., Business, Economics, Life Sciences) or equivalent experience is required. Advanced degrees (e.g., MBA, MS) are a plus but not mandatory.
  • Extensive experience in market research, analytics, and forecasting within the pharmaceutical or biotechnology industry, with a focus on skills and knowledge rather than specific years of experience.
  • Proven track record of managing and executing both qualitative and quantitative market research projects in oncology.
  • Experience with advanced forecasting techniques, statistical modeling, and scenario planning is valued, but equivalent practical experience or demonstrated skills in these areas are also considered.
  • Strong analytical skills with the ability to interpret complex data and provide strategic insights.
  • Excellent communication and presentation skills.
  • Proficiency in forecasting software and data visualization tools (e.g., Excel, SAS, Power BI).
  • Proficiency in Microsoft Excel and PowerPoint, with the ability to create compelling data visualizations, is preferred. We welcome candidates who are eager to learn and grow in these areas.
  • Working knowledge of Business Intelligence tools and programming (e.g., SQL, SAS) preferred. Key Competencies:
  • Strategic Thinking
  • Analytical Rigor
  • Communication and Influence
  • Project Management
  • Team Collaboration Work Environment:
  • Primarily in-office 3 days; with 2 flexible work from home days weekly.
  • Some domestic travel may be required, with accommodations available for individuals with specific needs.

Disclaimer: The above statements are intended to describe the general nature and level of work performed by employees assigned to this job. They are not intended to be an exhaustive list of all duties, responsibilities, and qualifications. Management reserves the right to change or modify such duties as required.
Incyte Corporation is committed to creating a diverse environment and is proud to be an equal opportunity employer.
We Respect Your Privacy
Learn more at: http://www.incyte.com/privacy-policy
The Incyte hiring organization processes your personal data to manage your job application in order to enter into an employment relationship with you if you are the successful candidate.
During the process, you may be asked to respond to questions that will screen out your application if you do not meet certain objective criteria required by the job. You can learn more about this process here.
You may have the right to access, delete, restrict, edit, move, or object to the use of your personal data. You may also have a right to report concerns to the authority responsible for data privacy in the country where the position is based or where you live or work.
You can learn more about Incyte's data protection practices here. By accessing this link you can learn about the types of personal data we collect, how we use it, whether collection and processing is optional, sources of the personal data we process, how it is shared, where it is stored or transferred to, how long we keep it, and contact information for Incyte, Incyte's data protection officer, and your supervisory authority (if applicable).
Please contact privacy@incyte.com if you have any questions or concerns or would like to exercise your rights.