Sr. Product Manager, Downstream - Cardiac Diagnostics

Additional Location(s):  N/A

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.       

About the role:
The Senior Product Manager for Cardiac Diagnostics (CDx) oversees launch execution and continuation marketing. This includes developing & executing launch plans, customer & sales education, leveraging additional channels such as digital, and collaborating with cross-functional teams (R&D, Sales, Upstream Marketing, etc.) to meet revenue, cost, and customer satisfaction goals. Additionally, the role involves working with external partners to align with the company’s strategy. The Senior Product Manager handles both hardware and software products, develops marketing plans, establishes pricing strategies, and interfaces with engineering, manufacturing, and sales.

The CDx Sr. Downstream Product Manager position will be based in Arden Hills, MN.  This is a hybrid role with expectations of being on-site at least 3 days per week.

Your responsibilities will include:

• This Senior Product Manager is responsible for developing and driving key marketing and business objectives for the CDx portfolio
• This includes developing and executing product launch plans and driving continuation marketing activities for in-market products
• Additional responsibilities include involvement in developing and implementing marketing initiatives and partnerships on clinical education and engagement programs 
• Use classic marketing capabilities to further business objectives, such as market understanding, market segmentation, customer targeting, product positioning and message development
• Supports innovative downstream marketing solutions, programs and tools to create value and support the needs of the Sales Team
• Evaluates promotional plans to ensure that they are consistent with product line strategy and that the message is effectively conveyed
• Analyzes franchise sales trends and performs customer segmentation to drive strategic and tactical decision making – synthesizes into dashboards
• Develop and lead KPI analytics, ensure creation of dashboards to track and report marketing/launch performance, overseeing the collection and utilization of performance data to inform progress and guide optimization
• Develop and defining tools/processes for tracking performance of existing investments against plan
• Execution of strategies to maximize the profitability of product lines by collaborating with assigned staff, conducting market research and performing financial analyses
• Supports and leads execution of comprehensive competitive response plans
• Spends time in the field to gain market and clinical insights, as well as build relationships with key physicians
• Assists on forecasts for supply chain as well as overall revenue planning

Required qualifications:

• Minimum of a bachelor's degree in Marketing, Finance, Engineering, Economics
• Minimum of 5 years of medical device experience
• Analytical skills and ability to develop business plan
• Downstream experience (i.e. launch, product management, sales engagement)
• Experience with determining customer needs within with medical device markets
• Experience with software and/or hardware product management
• Understanding of the regulatory approval process for medical device systems (including electronics and software).
• Knowledge of business development activities and strategic partner management and awareness of commercial cardiac diagnostic monitoring service types.
• Willingness to travel up to 20% (potentially including internationally)

Preferred qualifications:

• Advanced degree including Masters of Business Administration 
• Experience with regulatory approval processes for medical device systems, including electronics and software.
• Strong skills in product launch management.
• Proven ability to collaborate with commercial and finance teams to define and implement effective business models
• Clear understanding of protected health information security requirements, such as HIPAA.
• Demonstrated success in defining and launching excellent products
• Familiarity with the structure of business units and key business initiatives
• Proven excellence in organizational, coordination, and negotiation skills
• Ability to multitask, prioritize effectively, and meet deadlines

 Requisition ID: 594405

Minimum Salary: $96200 

Maximum Salary: $182700 

The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) – see www.bscbenefitsconnect.com--will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.

Compensation for non-exempt (hourly), non-sales roles may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).

Compensation for exempt, non-sales roles may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements.

For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.

So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. 

Boston Scientific Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identify, gender expression, veteran status, age, mental or physical disability, genetic information or any other protected class.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status.  Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment.  Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements.   As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.