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Practice Area
"Inspiring the bold who advance the health of care." BCG’s global Health Care team works across the health care ecosystem to deliver sustainable competitive advantage for our clients, to create value for society, and to improve outcomes for patients. And we are passionate about it. We are committed to developing new insights and, through our customized approach, helping organizations navigate rapid change in today’s digital world. Our global health care team serves top companies across the health care industry - including biopharmaceuticals, medical technologies and devices, health care providers, payers, services, and global health. BCG’s Health Care Practice is the third largest industry practice globally, and second in the US.
As a member of our consulting team, you will manage the design and development of long-term business strategies for healthcare clients in the areas of go-to-market strategy, operating model design, organizational design, and value creation in order to optimize revenue growth and organizational capability. Specific duties include: perform sophisticated market research, benchmarking, market sizing, modeling, forecasting, and decision analysis to identify growth opportunities; research and assess market dynamics, consumer demand trends, and regulatory pathways for medical aesthetics and elective healthcare categories; analyze provider economics and patient acquisition strategies to identify growth opportunities; develop go-to-market and commercial strategies for aesthetic manufacturers, including pricing and channel optimization; evaluate product portfolio, innovation, and pipeline strategies through competitive and whitespace analysis; conduct commercial due diligence and market assessments for investments in aesthetics, dermatology, and adjacent consumer health assets; design consumer research to assess brand positioning and inform marketing and competitive strategies; and identify high-value AI use cases across commercial, clinical, and R&D functions; manage case team responsibilities including personnel assignments, research and analysis, and reports to clients; undertake critical evaluation of analytical work performed using advanced economics and financial analysis techniques; oversee and direct consultants and junior professional staff, and oversee project planning and preparation of outputs; and present findings to senior client management, and oversee business development and client relationships.
The position requires a Bachelor's degree in Business Administration, Economics, Management, or related field (willing to accept foreign education equivalent) plus three (3) years of experience as a management consultant or business analyst which must include at least one (1) year of experience providing business strategy recommendations focusing on operational efficiency and revenue growth to companies in the healthcare sector. Specific skills/other requirements (quantitative experience requirement not applicable to this section) - must possess the following: building financial models to construct and stress-test EBITDA build-ups for aesthetic manufacturers, including revenue bridge by product line / channel, S&M costs and gross margin drivers; structuring and running commercial due diligence workstreams, including market sizing, benchmarking, interviews, to support investment theses in consumer health assets; applying channel margin waterfall analysis to identify distributor/physician-dispensed economics and pricing leakage for aesthetic manufacturers; building revenue ramp-curve models to project new customer/account contribution over time, informing manufacturer growth forecasts; building account churn and retention models to estimate annual attrition rates and quantify revenue impact of customer/account loss on manufacturer growth forecasts; structuring bottom-up market sizing models based on practice and consumer funnel data to size growth opportunities in aesthetics; applying advanced economic and financial analysis theories including competitive cost and decision analysis, capabilities assessment, portfolio review based on financial reports, and experience and scale curve analysis; conducting advanced analysis of scale economies, seasonal effects on financial forecasts, impact of uncertainties on business outcomes, corporate financing policies, and evaluation of factors that influence a company's debt capacity; and managing individuals, teams and processes.
Multiple positions available. Applicants will only be considered for Summit, New Jersey office location. Partial telecommute benefit available. Must report to and reside within commutable distance of the listed BCG office. Domestic/international travel required (up to 80%) based on client/company need. M-F, 9:00 a.m. to 6:00 p.m. 45+ hours per week. Salary range: $225,400.00 - $252,900.00 per year.
In addition to your base salary, you will also be eligible for an annual discretionary performance bonus and BCG’s Profit Sharing and Retirement Fund (PSRF) contribution. BCG also provides a market leading benefits package described below.
At BCG, we are committed to offering a comprehensive benefit program that includes everything our employees and their families need to be well and live life to the fullest. We pay the full cost of medical, dental, and vision coverage for employees – and their eligible family members.* That’s zero dollars in premiums taken from employee paychecks. All our plans provide best in class coverage:
- Zero dollar ($0) health insurance premiums for BCG employees, spouses, and children.
- Low $10 (USD) copays for trips to the doctor, urgent care visits and prescriptions for generic drugs.
- Dental coverage, including up to $5,000 (USD) in orthodontia benefits.
- Vision insurance with coverage for both glasses and contact lenses annually.
- Reimbursement for gym memberships and other fitness activities.
- Fully vested retirement contributions made annually, whether you contribute or not.
- Generous paid time off including vacation, holidays, and annual office closure between Christmas and New Years.
- Paid Parental Leave and other family benefits such as elective egg freezing, surrogacy, and adoption reimbursement.
*Employees, spouses, and children are covered at no cost. Employees share in the cost of domestic partner coverage
Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
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