Senior Product Manager
Valencia, CA, US, 91355
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 Global Product Manager will work on Pain Stim franchise products in the Neuromodulation division. The Pain Stim franchise encompasses Spinal Cord Stimulation and Radiofrequency Ablation product portfolios. This individual will participate in product development projects, as well as globalization efforts. This person is an experienced marketer and demonstrates strength in strategy and planning in support of franchise management, product lifecycle management including new product development, and product launches and commercialization. This individual demonstrates a high level of business acumen and will be able to partner collaboratively with cross-functional teams (i.e. R&D, operations, HEMA, clinical, regulatory, quality and commercial counterparts), develop KOL relationships, drive market research, and translate Voice of Customer into action.
Your responsibilities will include:
- Upstream Lead for assigned product development (PDP) teams simultaneously, including leading the creation of market specifications and financial models.
- Drive the creation of the Marketing Requirement Specification and Product Marketing Plan, utilizing cross-functional team members, to include market analysis, strategies, tactics and measurement, branding and support to ensure the highest quality innovation.
- Develop and execute high-quality launch plans, value proposition(s), positioning, customer targeting, pricing strategies, branding strategies, evidence strategies, etc.) for new products
- Drive “Voice of Customer (VOC)” throughout the Technology Development Process (TDP) / Product Development Process (PDP) to ensure market specifications are incorporated in every phase of the project.
- Develop & execute creation of long-range roadmap and subsequent product launches by driving the creation of market research.
- Track business performance against objectives and forecasts, formulating new approaches and strategies as needed.
- Identify best practices to address key business challenges and opportunities.
- Use classic marketing capabilities: market understanding, market segmentation, product positioning, message development, channel identification, tool and communication creation and execution to further business objectives.
- Serve as a clinical and functional advisor to external and internal customers.
- Exhibit professional maturity and help to foster an open, challenging, stimulating and positive environment that enables colleagues to be their best.
- Provide quantitative analyses for product launch planning and demand forecasting on global basis.
- Analyze competitive information and develop sales and marketing strategies and responses to competitive product launches.
- Obtain input & coordinate cross-functional trade-off decisions to define product marketing requirements & improvement opportunities from internal & external customers. Gain cross-functional approvals.
- Partner with Downstream Marketing to develop marketing communications and promotional strategies and tactics designed to emphasize product benefits, positioning and overall branding.
- Develops global relationships and builds credibility with key internal cross-functional stakeholders.
- Anticipates challenges and roadblocks before they arise, escalates for support in a timely manner.
- Spends time in the field and supporting customer events to gain market and clinical insights, as well as build relationships with key physicians.
Required qualifications:
- Bachelor’s degree in Marketing, Engineering, Science, or related Healthcare/Biomedical fields
- 5+ years of professional experience in the medical device industry.
- Experience creating impactful marketing plans and developing value propositions, positioning and targeting
- Experience building relationships with key customers and cross-functional partners; capable of working with global colleagues
- Demonstrated ability to manage multiple priorities simultaneously, to influence key stakeholders and to tailor communication appropriately based on audience
- Strong analytical, quantitative, and strategic thinking skills
- Experience with market and revenue modeling.
- Ability to collaborate with and influence key stakeholders without direct authority.
- Flexibility to travel up to 35% in support of tradeshows, internal meetings and customer programs as required.
Preferred qualifications:
- Advanced degree (i.e. MBA)
- Class III implantable medical device experience, preferably with ongoing service or support needs post implant
- Digital health product management experience
- Demonstrated success leading in a matrix organization
- Strong financial modeling skills with experience conducting assessments of sophisticated markets
- Experience collaborating globally on new product launches
- Demonstrated ability to work independently and collaboratively to meet deadlines and manage all aspects of product development with a high degree of attention to detail.
Requisition ID: 597588
Minimum Salary: $100700
Maximum Salary: $191300
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: Los Angeles
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