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Senior Product Manager
Abbott Plymouth, MN
$115k-143k (estimate)
Full Time | Transportation 2 Weeks Ago
Save

Abbott is Hiring a Senior Product Manager Near Plymouth, MN

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.
Working at AbbottAt 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 Our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of STRUCTURAL HEART disease. We aim to lead the markets we serve by requiring the solutions we offer customers provide an improved benefit/risk profile as compared to existing standards of care; a performance threshold that by definition, guides and ensures the productive output of our engineering, business development, and clinical research efforts result in outcomes that advance the standard of care.
What You’ll Work On
  • The Product Manager is a driver of the success for the Structural Interventions product line in the Structural Heart business unit. This position will work closely with the sales team and be responsible for aspects of US strategy implementation plus Forecasting, Financial and Marketing Plan Development, Sales Materials and Training, Pricing, and Materials Management.
  • Maintain US product expertise including market sizes and trend share, customer needs and targeting, product performance, benefits/weaknesses, and positioning.
  • Provide on-going field support and will focus on growing the market awareness for Structural Interventions and related disease states, including launching new products.
  • Success will be measured against sales and margin expectations, sales force competency/knowledge level and development of marketing programs which enhance field and customer experience.
  • Maintain worldwide market expertise, including in-depth knowledge of US competitor products and strategies, market trends and dynamics, market/franchise critical success factors, and customer needs.
  • Develop strategies to address product performance issues.
  • Update annual marketing plans/strategies including market analysis, customer segmentation and targeting, product positioning, competitive assessments, and SWOT situation assessment.
  • Support launch readiness by developing product inventory timing, marketing programs, and working with communications manager to develop promotional collateral.
  • Take a leadership role on project teams to work closely with the project manager to drive accountability and team achievement of goals and milestones.
  • Manage creative agencies to plan, develop, and execute new US materials.
  • Partner with regulatory colleagues in the review and negotiation of materials to ensure competitiveness, accuracy, and compliance.
  • Will have marketing and budget responsibility for designated products.
  • Drive to deliver Sales, Margin, and key performance metrics for SI products.
  • Will be expected to be responsive and able to directly address questions and requests of senior management.
Required Qualifications
  • Prior marketing experience within medical device or healthcare industry.
  • Bachelors’ Degree with 4 years related marketing or product management experience. MBA with 1 years of related experience also considered.
  • Ability to travel 30-40% of the time.
  • Substantial financial skills, market analysis and advanced communication skills.
  • Knowledge/ability to develop and execute a new product launch.
  • Strong analytical skills as well as written and oral communication skills.
Preferred Qualifications
  • Able to understand technical and scientific information.
  • Willing to understand and comply with Regulatory requirements.
  • Able to influence and motivate individuals from sales, marketing, and other functional areas to drive product sales.
  • Ability to complete multiple projects simultaneously with tight deadlines.
Apply Now
  • 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 $109,300.00 – $218,700.00. In specific locations, the pay range may vary from the range posted.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Transportation

SALARY

$115k-143k (estimate)

POST DATE

06/21/2024

EXPIRATION DATE

07/18/2024

WEBSITE

abbott.co.nz

HEADQUARTERS

TORONTO, ONTARIO

SIZE

25 - 50

FOUNDED

1981

TYPE

Private

CEO

JOHN J. HUMPHREYS

REVENUE

<$5M

INDUSTRY

Transportation

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The job skills required for Senior Product Manager include Product Management, Leadership, Business Development, etc. Having related job skills and expertise will give you an advantage when applying to be a Senior Product Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Senior Product Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Senior Product Manager positions, which can be used as a reference in future career path planning. As a Senior Product Manager, it can be promoted into senior positions as a Product Manager IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Senior Product Manager. You can explore the career advancement for a Senior Product Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Senior Product Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Senior Product Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Senior Product Manager job description and responsibilities

Senior product managers provide guidance to team members, liaise with different departments and supervise every phase of product creation.

02/15/2022: Youngstown, OH

A Senior Product manager must also be very willing and able to communicate across multiple levels within the business.

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Aligning the product vision, features and design with the preferences of the user.

01/15/2022: Little Rock, AR

They spend most of their time thinking of new strategies, communicating with different stakeholders, keeping the product teams together and reporting everything to the board to justify their roles.

01/12/2022: Albuquerque, NM

Senior product managers are responsible for prioritizing tasks with a defined set of constraints.

02/09/2022: Poughkeepsie, NY

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Senior Product Manager jobs

A good senior product manager needs a sense of vision and excellent communication skills.

01/18/2022: Laramie, WY

Senior product managers need to have a minimum of a bachelor's degree and some relevant work experience.

01/19/2022: Juneau, AK

The senior product manager may be given more complex or prestigious products to work on.

03/21/2022: Lompoc, CA

The candidate must also have an understanding of common analyses such as product analysis and competitor analysis.

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A great product manager spends most of their time understanding what the end-user wants and every decision they take should be driven by those requirements.

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Step 3: View the best colleges and universities for Senior Product Manager.

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