Economic Analyst

Posted Yesterday
Be an Early Applicant
3 Locations
Junior
Healthtech
The Role
The Economic Analyst will support Abbott's global businesses by applying economic and financial principles to analyze data, monitor financial markets, and contribute to research and reporting tools. Responsibilities include industry analysis, statistical and financial analysis, and creating dashboards for economic insights.
Summary Generated by Built In

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

JOB DESCRIPTION:

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:

  • Career development with an international company where you can grow the career you dream of
  • Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
  • An excellent retirement savings plan with high employer contribution
  • Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
  • A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
  • A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our Abbott Park, IL location in the IFO International Finance Division.

The Economic Analyst will be an integral member of a global corporate economics department, working in a team based environment to support and promote the economics function at Abbott. The analyst will apply a working knowledge of economic and financial market principles to understand the external environment and support ongoing business needs. The analyst is recognized for knowledge of core economic and financial theory, and an understanding of how the theory applies in a business environment.

What You’ll Work On

The analyst will work on a variety of projects that support Abbott’s global businesses, focusing on industry and market analysis. Specific tasks may include:

  • Applying statistical, financial, and economic analysis of public and private data, to provide timely insights of underlying trends and patterns for key markets
  • Monitoring and tracking changes in global financial markets and how they relate to economic, healthcare, geopolitical and industry risks
  • Constructing and maintaining various economic indexes, dashboards, and other data visualization & reporting tools
  • Contributing research, econometric and time series analysis, and data visualization to department reports and communications

Required Qualifications

  • A successful candidate possesses either a Master’s or Bachelor’s degree in Economics, Finance, or related field, and can demonstrate an understanding of economic theory and application.
  • 1-2 years of prior work experience in an economic or financial analyst role is preferred.

Required Qualifications

  • A strong interest in economic and financial issues along with the curiosity and desire to develop their personal skill set
  • Strong written skills, including the ability to effectively communicate financial concepts and themes to a general business audience
  • The ability to critically review and analyze external reports and data, and to summarize key information into clear and concise viewpoints
  • Experience working with economic and financial data from multiple data sources
  • Experience with econometric/statistics software such as EViews or R, and willingness to learn other statistical software as needed
  • The ability to work on both independent and group projects while contributing to the overall growth of the team

* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

The base pay for this position is

$48,000.00 – $96,000.00

In specific locations, the pay range may vary from the range posted.

JOB FAMILY:Financial Planning and Analysis

DIVISION:FIN Corporate Finance

LOCATION:United States > Abbott Park : AP06D

ADDITIONAL LOCATIONS:

WORK SHIFT:Standard

TRAVEL:No

MEDICAL SURVEILLANCE:No

SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf

EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

The Company
Abbot Park, IL
97,838 Employees
On-site Workplace

What We Do

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 109,000 colleagues serve people in more than 160 countries.

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