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Business Analyst Co-op - 8 months

We are seeking a Business Analyst co-op to join our growing Customer Insights and Value team. Reporting to the Senior Business Analyst, you will play a pivotal role in analyzing pharmaceutical R&D spending trends, developing data-driven insights, and supporting our customer relationships. This co-op position is for 8 months and it is an exciting opportunity to gain hands-on experience in a fast-paced, innovative environment while making a meaningful impact on our business and our clients.


You will:
  • Analyze pharmaceutical R&D spending data to build compelling business cases and quantify BenchSci’s value to prospective and existing customers
  • Develop and refine research spend-related metrics, datasets, and dashboards to support customer-facing business reviews with data-driven insights
  • Become a knowledge expert on pharmaceutical R&D spending trends and benchmarks, providing key insights to internal teams and external stakeholders
  • Work with multidisciplinary teams to leverage pharmaceutical spending insights for account delivery, customer growth, and strategic decision-making
  • Assist in forecasting industry benchmarks and reporting insights for business evaluations and planning.


You have:
  • Currently enrolled in the Master’s degree program focused on Life Science
  • Strong financial acumen and ability to interpret complex datasets
  • Advanced proficiency in Microsoft Excel for data analysis
  • Experience or familiarity with data and visualization tools such as Looker, Salesforce, or Python is an asset
  • Excellent communication and presentation skills, with the ability to translate data into actionable insights
  • Analytical mindset with strong attention to detail and a passion for problem-solving


Benefits and Perks: 

An engaging remote-first culture 

A great compensation package that includes BenchSci equity options

A robust  vacation policy plus an additional vacation day every year

Company closures for 14 more days throughout the year

Flex time for sick days, personal days, and religious holidays

Comprehensive health and dental benefits.

Annual learning & development budget

A one-time home office set-up budget to use upon joining BenchSci

An annual lifestyle spending account allowance

Generous parental leave benefits with a top-up plan or paid time off options

The ability to save for your retirement coupled with a company match!


About BenchSci:

BenchSci's mission is to exponentially increase the speed and quality of life-saving research and development. We empower scientists to run more successful experiments with the world's most advanced, biomedical artificial intelligence software platform. 

Backed by Generation Investment Management, TCV, Inovia, F-Prime, Golden Ventures, and Google's AI fund, Gradient Ventures, we provide an indispensable tool for scientists that accelerates research at 16 top 20 pharmaceutical companies and over 4,300 leading academic centers. We're a certified Great Place to Work®, and top-ranked company on Glassdoor.


Our Culture:

BenchSci relentlessly builds on its strong foundation of culture. We put team members first, knowing that they're the organization's beating heart. We invest as much in our people as our products. Our culture fosters transparency, collaboration, and continuous learning. 

We value each other's differences and always look for opportunities to embed equity into the fabric of our work. We foster diversity, autonomy, and personal growth, and provide resources to support motivated self-leaders in continuous improvement. 

You will work with high-impact, highly skilled, and intelligent experts motivated to drive impact and fulfill a meaningful mission. We empower you to unleash your full potential, do your best work, and thrive. Here you will be challenged to stretch yourself to achieve the seemingly impossible.  Learn more about our culture.


Diversity, Equity and Inclusion: We're committed to creating an inclusive environment where people from all backgrounds can thrive. We believe that improving diversity, equity and inclusion is our collective responsibility, and this belief guides our DEI journey.  Learn more about our DEI initiatives.


Accessibility Accommodations: Should you require any accommodation, we will work with you to meet your needs. Please reach out to talent@benchsci.com.


#LI-Remote

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What You Should Know About Business Analyst Co-op - 8 months, BenchSci

Join the BenchSci family as a Business Analyst Co-op for an exciting 8-month journey in the heart of Toronto, Ontario! In this vibrant role within our Customer Insights and Value team, you'll be guided by our Senior Business Analyst as you dive deep into the world of pharmaceutical R&D spending trends. Your mission? To craft data-driven insights that will support our client relationships and highlight the incredible value BenchSci brings to the table. You'll be analyzing R&D spending data to build influential business cases, designing insightful metrics and dashboards, and becoming a go-to expert on spending trends. This is your chance to collaborate with diverse teams, contribute to strategic decision-making, and help forecast industry benchmarks—all while making a tangible impact. If you're pursuing a Master’s degree focused on Life Science, possess strong financial acumen, and have a knack for turning complex datasets into clear insights, then we can't wait to meet you! This role not only offers hands-on experience but also a pathway to personal growth, all wrapped in our supportive culture at BenchSci. So get ready to unleash your potential, learn from industry experts, and be part of a company that's on a mission to accelerate life-saving research and development. We believe in investing in you as much as we do in our groundbreaking work. Let’s make a difference together!

Frequently Asked Questions (FAQs) for Business Analyst Co-op - 8 months Role at BenchSci
What are the responsibilities of a Business Analyst Co-op at BenchSci?

As a Business Analyst Co-op at BenchSci, your primary responsibilities will encompass analyzing pharmaceutical R&D spending trends, developing data-driven insights, and supporting critical customer relationships. You’ll work closely with multidisciplinary teams to provide vital insights that help drive account delivery and customer growth. Additionally, you will assist in forecasting industry benchmarks and reporting insights for business evaluations and planning, all while leveraging your analytical mindset to build compelling business cases.

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What qualifications are required for the Business Analyst Co-op position at BenchSci?

To qualify for the Business Analyst Co-op role at BenchSci, candidates should be currently enrolled in a Master’s degree program focused on Life Science. Strong financial acumen paired with the ability to interpret complex datasets is essential. Proficiency in Microsoft Excel for data analysis is also required, and experience with data visualization tools such as Looker or Salesforce would be an asset. Excellent communication skills to present actionable insights effectively are crucial for this role.

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What skills can I develop as a Business Analyst Co-op at BenchSci?

During your time as a Business Analyst Co-op at BenchSci, you will develop crucial skills in data analysis, business case development, and customer engagement. You will also enhance your proficiency in utilizing data visualization tools, improve your ability to create insightful dashboards, and learn how to translate complex data into meaningful business strategies. Additionally, you will have the opportunity to work alongside experienced professionals in a collaborative atmosphere that fosters continuous learning and personal growth.

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What is the company culture like at BenchSci for Business Analyst Co-ops?

BenchSci nurtures a remote-first culture that prioritizes collaboration, transparency, and inclusivity. As a Business Analyst Co-op, you'll be part of a team that values diversity and actively encourages personal growth. Our culture supports self-leaders who are motivated to innovate and impact life-saving research. We believe in investing in our people, offering resources to help you thrive, and creating an engaging environment where you can unleash your full potential.

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What benefits do Business Analyst Co-ops receive at BenchSci?

As a Business Analyst Co-op at BenchSci, you can look forward to a competitive compensation package that includes equity options, a robust vacation policy, flexible time off for personal matters, and comprehensive health and dental benefits. You'll benefit from an annual learning and development budget, resources for a home office setup, and access to a lifestyle spending account. Additionally, we offer generous parental leave benefits and retirement savings plans with company matching.

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Common Interview Questions for Business Analyst Co-op - 8 months
Can you describe a time when you analyzed complex data for a project?

When answering this question, recount a specific project where you successfully analyzed complex data. Highlight the methods you used, the insights you gained, and how those insights influenced the project's outcome. Be sure to also mention any specific skills you applied during the analysis, such as your proficiency in Microsoft Excel or data visualization tools.

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How do you approach building a compelling business case?

For this question, explain your process of gathering relevant data and understanding the stakeholders' needs. Discuss how you identify key metrics and develop a narrative that aligns your analysis with the business's goals. Providing an example where your business case led to a positive outcome can strengthen your answer.

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What experience do you have with customer interactions?

Discuss your experience in communicating insights or findings to customers or internal clients. Highlight any presentations or collaborative projects that required you to engage with various stakeholders, demonstrating your communication skills and ability to translate data into actionable insights.

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Describe your proficiency with data visualization tools.

In your response, detail specific visualization tools you've used, such as Looker or Salesforce, and describe your experiences creating dashboards or reports. Emphasize how using these tools has helped you present data effectively and improve decision-making within a team or project.

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What challenges have you faced while analyzing data, and how did you overcome them?

Share a particular challenge you encountered, for instance, dealing with incomplete datasets or conflicting data sources. Explain the steps you took to address the issue, such as seeking additional information, using analytical techniques to validate your findings, or collaborating with team members to resolve discrepancies.

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How do you stay organized when managing multiple projects?

Talk about your organizational methods, such as prioritizing tasks, using project management tools, or setting clear deadlines. Provide examples of how your organizational skills have enabled you to successfully manage multiple projects simultaneously without compromising quality.

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Can you provide an example of how you contributed to a team's success?

Choose a specific instance where your contributions positively impacted your team's objectives. Discuss your role, the actions you took, and the outcomes of those efforts, highlighting how collaboration and communication were key elements of your success.

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What is your understanding of pharmaceutical R&D spending trends?

Demonstrate your knowledge by discussing current trends in pharmaceutical R&D spending, including key drivers and challenges. Show that you stay informed about industry updates and that you understand how these trends can impact decision-making in business contexts.

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How do you handle constructive criticism?

Emphasize your openness to feedback and learning from others. Share an example where you received constructive criticism, how you took it positively, and what changes you made as a result, demonstrating your commitment to personal and professional growth.

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Why do you want to work as a Business Analyst Co-op at BenchSci?

In your answer, align your motivations with BenchSci's mission to accelerate research and development in the pharmaceutical industry. Express your enthusiasm for contributing to meaningful projects while leveraging your skills in data analysis and insight generation within a company that prioritizes employee growth and innovation.

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At BenchSci, our mission is to exponentially increase the speed and quality of life-saving research. We do so by empowering scientists with the world’s most advanced biomedical artificial intelligence so they can run more successful experiments.

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BENEFITS & PERKS
Dental Insurance
Disability Insurance
Vision Insurance
Paid Holidays
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Internship, remote
DATE POSTED
February 23, 2025

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