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Director, Product Management - Cardiovascular, Metabolic, Endocrinology & Wellne

QUEST DIAGNOSTICS INC · Los Angeles, CA, USA ·

Pay:
120.000 - 160.000
Job type:
Full Time

Job Description
The Director, Product Management will help establish the vision and profitable growth strategy for the Cardiovascular segment of the Cardiometabolic, Endocrinology & Wellness Clinical Franchise including new solution development and life cycle management. S/He advocates and prioritizes business cases to the GM of the Clinical Franchise and wins support to execute strategies through Marketing and the value-delivery organization. The Director will engage with key internal business partners including Commercial, Operations, Regions, IT, Medical Affairs, Research & Development, Billing, Marketing, Commercial, Government Affairs, Legal, Compliance and Process Excellence.

Responsibilities

Establish vision and profitable growth strategy (organic and acquired) for Clinical Franchise segment

Lead cross functional teams to identify, develop and implement product/solutions addressing unmet customer needs that will drive profitable growth

Develop Annual Operating Plan (AOP) in concert with Value Delivery partners

Execute effective life-cycle management across the segment through robust cross-functional team management

Work with Value Delivery partners to achieve agreed revenue, volume and margin targets in AOP

Rigorously assess new products/solutions to enable prioritization within R&D, IT and Operations

Manage, track and understand performance metrics including:

Revenue - test volume, reimbursement

Profitability – cost of testing, other relevant costs, investments

Conduct market, competitive, and customer research to gain insights, identify needs, market trends, and gaps in Quest’s product offering

Partner with Marketing organization on product/solution marketing strategy

Generate customer insights to define customer/market segment requirements to set product/portfolio solution, priority setting, risk management

Define requirements for partnerships, alliances, ventures for assigned segment and evaluate/manage the relationships

Develop and drive strategic direction for Specialty Sales Team

Assure the voice of customer is brought into the in-line and product/solution creation process

Understand continuum of care requirements and gaps to drive market needs

Lead a team of 2 (a Product Manager and Product Specialist)

Key Accountabilities include:

Achieve revenue, volume and margin targets in AOP

Successful and timely cross-functional development and market introduction of new / improved offerings (test, reporting, service)

Development of 3-year Strategic Plan

Development of AOP

Manage discretionary spend

Qualifications
The successful candidate for Director, Product Management, will have the following attributes and/or experience:

7+ years’ relevant experience in healthcare with at least 3 years in marketing & product management

Previous P&L management experience preferred

Talent assessment, selection, development, employee retention, employee engagement

Executive presence, composure, KOL relationships

Leading change, change management, flexibility

Negotiations skills

Solid business acumen

Collaboration

Ability to work in matrix organization

Ability to influence others

Requires bachelor’s degree in life sciences, business, marketing and/or product management; Advance degree/MBA preferred

Up to 25% business travel required

Excellent project leadership skills to ensure execution

Equal Opportunity Employer: Race/Color/Sex/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Vets or any other legally protected status.

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