Senior Innovation & Portfolio Strategy Manager
Maple Grove, MN, US, 55311
Additional Location(s): US-MN-Maple Grove
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 Innovation & Portfolio Strategy Manager for the Interventional Oncology & Embolization division is responsible for enabling, informing, and influencing critical strategic and operational business decisions in collaboration with franchise marketing partners.
This individual contributor will develop a deep understanding of the Interventional Oncology & Embolization marketplace including market modelling expertise that incorporates dynamic inputs and assumptions to accurately reflect evolving market conditions, identify trends and growth opportunities, diagnose customer needs and behaviors, predict likely competitive dynamics, and analyze the economics and performance of the business. S/he is expected to develop relationships with business partners, prioritize exploratory opportunities (inclusive of early stage R&D concepts), scope detailed project plans to address franchise needs, and ensure deliverables with compelling recommendations are completed in a timely fashion. This role directly shapes where investments are made across the portfolio – your insights and recommendations will guide resource allocation, influence pipeline prioritization and determine which therapies and technologies obtain funding. The impact of this work and strategic direction will influence real-world innovation and new product development success.
Topics will range from the exploration and characterization of new growth opportunities to portfolio optimization that supports key investment decisions. This person is expected to be comfortable working in highly autonomous environments and projects while establishing relationships with internal/external business partners, developing compelling recommendations, and driving initiatives to completion.
At Boston Scientific, we value collaboration and synergy. This role follows a hybrid work model requiring employees to be in our local office at least three days per week.
Boston Scientific will not offer sponsorship or take over sponsorship of an employment visa for this position at this time.
Your responsibilities will include:
- Develop comprehensive plans to identify, evaluate, and recommend new and adjacent therapies in the exploratory pipeline to optimize the IO&E portfolio, including sizing market opportunities, competitive landscape, and understanding commercial implications through market research, clinical literature, metrics, coordination with customer interfacing teams and personal interaction with key customers
- Build and refine market models that incorporate dynamic inputs and assumptions, enabling accurate forecasting and scenario planning in partnership with Marketing Strategy, Finance and R&D
- Develop and implement comprehensive strategies and business cases for market entry and expansion, considering risk and return factors
- Partner with Upstream Marketing Leads and cross-functional partners, (R&D, Clinical, Market Access, Regulatory, Finance, Strategy, Business Development, and/or other functions as appropriate) to ensure early-stage NPD investments reflect a focused strategy for new therapies and adjacent markets that are supported by clear strategic frameworks and financial rationale
- Drive and conduct “Voice of Customer” (VOC) and “Voice of Business” (VOB) work where applicable to inform market and business needs while investigating new strategic initiatives
- Identify, track and provide updates to senior leadership on key competitive initiatives to support strategic decision making; conduct and/or direct vendors in market analysis and research
- Strong project management and alignment, including communication of timelines and collaborating with internal and external stakeholders in a matrix environment to proactively remove barriers for project completion
- Lead long range portfolio planning process for all Interventional Oncology & Embolization businesses
- Exhibit professional maturity and help to foster an open, challenging, stimulating and positive environment that enables colleagues to be their best
- 5-10% travel as needed for projects
Required qualifications:
- Bachelor’s degree (marketing, engineering or healthcare preferred)
- 5+ years prior experience in upstream marketing, product management, business strategy/analytics or strategic marketing OR at least 3-5 years in consulting or business development within MedTech or Pharma industry
- Demonstrated expertise in market modeling, including the ability to integrate epidemiology data, disease state insights, and market segmentation frameworks to build models that reflect complex market conditions through dynamic inputs and assumptions (e.g., evolving clinical guidelines, competitive entries, reimbursement shifts, and technology adoption curves).
- Strong analytical, quantitative, financial modeling (e.g. Excel) and strategic thinking skills
- Ability to work independently and deliver results including distilling complicated data or concepts down to simplified executive summaries
- Proven history of identifying and executing new product investments
- Demonstrated success managing complex projects, incorporating diverse needs from numerous stakeholders and delivering on commitments with agility and creativity
- Must have held roles that have consistent exposure to Senior Leadership on a regular basis. Ability to influence leadership and key stakeholders through excellent communication (verbal and written) and interpersonal skills and creating compelling, cohesive, and succinct presentations
Preferred qualifications:
- MBA or advanced degree
- Healthcare or medical device marketing experience in Oncology, with demonstrated ability to develop deep clinical and commercial expertise in medical device therapies and products
- Competencies within reimbursement and coding. Ability to understand, analyze and synthesize multiple data sources including claims (e.g. DHC, IQVIA) and diverse 3rd party data
- KOL engagement and experience managing multiple physician collaborators
- Ability to work in a fast-paced environment as an individual contributor and effectively in a team-based environment while managing multiple priorities
- Prior strategic planning and product development experience
- Experience with Snowflake, Tableau, PowerBI, and Alteryx a plus
Requisition ID: 614546
Minimum Salary: $99100
Maximum Salary: $188300
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.
Nearest Major Market: Minneapolis
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