Associate Product Manager - Fluid Management
Job Description
Arthrex, Inc. is a global medical device company and a leader in new product development and medical education in orthopedics. Arthrex is actively searching for a Fluid Management Associate Product Manager to work alongside our Imaging & Resection/Capital Equipment team to help lead, plan and execute our fluid delivery devices strategic initiatives. The successful candidate will work with engineering, marketing, medical education, sales, and KOL's to maximize the impact of our products, collateral, and educational efforts. Excellent interpersonal, presentation and leadership skills along with one year of related experience and a bachelor's degree or a master's degree are essential for this position. The position does require travel. Join our talented team at a global medical device company focused on Helping Surgeons Treat Their Patients Betterβ’.
Main Objective: Assist the lead Product Manager (PM) in their role to plan, organize and control the arthroscopic fluid management capital equipment product line (pumps) for the entire product life cycle. To optimize profit, meet marketing, financial and corporate growth objectives by performing the duties listed below. This is an entry level Product Management position. The individual should possess the aptitude/background to progress to a Product Manager position within 12-18 months if professional performance warrants.
Essential Duties and Responsibilities:
- Participates in overall marketing, product strategy, research and development requirements, development, and manufacturing coordination for new and emerging products.
- Works on technical product development, estimates of potential profits, and release to production.
- Assists in the management of day-to-day progress and maintenance of products.
- Provides technical expertise and training to other departments in support of product development.
- Works with Product Team to develop marketing analysis to determine product definitions.
- Collaborates with a wide variety of functional areas such as sales, engineering, marketing, manufacturing, and operations to develop and provide product definitions responsive to customer needs and market opportunities.
- Develops and maintains a prioritized list of customer and market requirements for product.
- Works with Product Managers/Product Team to coordinate and develop marketing, sales, engineering, and financial plans for product line.
- Provides financial and technical justification for product selection and definition.
- Works with Product Managers/Product Team to establish product development objectives and schedules for all phases of product development and introduction to market.
- Conducts market research and identifies and tracks market trends in company's industry.
- Produces competitive analysis materials comparing product with its key competitors.
- Identifies partnering opportunities for complementary third-party products to broaden company's product line.
- Participates in key sales situations for the product.
- Maintains communications and contacts to collect and analyze technical, financial, schedule, and sales information for product line.
- Identifies market potential, establishes pricing and market strategies, estimates potential sales, introduces market, distribution/channel issues, and manages mature product through phase-out.
- Works with PM to define promotional activities, publicizing the product through the press, sales force, and alternate distribution channels.
- Provides expertise in particular product area and develops strategies and applicable portions of the company business plan.
- Plans, organizes, and coordinates assigned programs to ensure accomplishment of financial/budgetary goals and optimum allocation of resources.
- Manages resources to execute assigned programs.
- Coordinates details of program within the organization with a wide range of functions and individuals.
- Works with Product Managers/Product Team to coordinate product introductions and market exploitation with marketing and sales organizations to ensure maximum penetration of market segment.
- Provides continuing product surveillance and management of established product to obtain financial objectives
- Supports offsite surgical cases and provides field team support.
- Travel will be required 25% of the time.
Education and Experience:
- Bachelor's degree required, preferably in business, marketing, engineering or clinical.
- Experience related to orthopedic/arthroscopic devices in marketing, product management, sales required
- 1 year of medical device sales and/or marketing and/or product management and/or engineering and/or clinical experience OR a Master's degree is required.
- Ability to work with cadaveric specimens.
- Proven ability to travel for past positions.
Knowledge and Skill Requirements/Specialized Courses and/or Training:
- Knowledge of surgical orthopedics and/or arthroscopy.
- Skilled in working with different functions and effectively coordinates their activities to achieve desired results.
- Highly organized, dependable, detail oriented. Excellent time management and communication skills.
- Excellent listening skills, including the ability to identify and isolate customers concerns or objections, in addition to excellent written and oral communication skills.
- Ability to work with cadaver specimens and ability to speak in front of large groups
Arthrex 2023 Benefits
- Medical, Dental and Vision Insurance
- Company-Provided Life Insurance
- Voluntary Life Insurance
- Flexible Spending Account (FSA)
- Supplemental Insurance Plans (Accident, Cancer, Hospital, Critical Illness)
- Matching 401(k) Retirement Plan
- Annual Bonus
- Wellness Incentive Program
- Free Onsite Medical Clinics
- Free Onsite Lunch
- Tuition Reimbursement Program
- Trip of a Lifetime
- Paid Parental Leave
- Paid Time Off
- Volunteer PTO
- Employee Assistance Provider (EAP)
All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
Date Posted
08/21/2023
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4
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