Sr. Product Manager - Distal Extremity & Trauma
Date: Mar 16, 2023
Location: Naples, FL, US, 34108
Company: Arthrex
Requisition ID: | 54296 |
Title: | Sr. Product Manager - Distal Extremity & Trauma |
Division: | Arthrex, Inc. (US01) |
Location: | Naples, FL |
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 Sr. Product Manager- Extremities & Trauma to work with all four segments of our business unit ( Foot & Ankle, Trauma and Hand & Wrist) The successful candidate will build relationships with key customers and internal departments to help drive the upstream development and downstream marketing of the entire portfolio. Excellent interpersonal, presentation and leadership skills along with five to seven plus years or more of related experience and a bachelor’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 Better™.
Main Objective:
This Senior Product Management opening on the Extremities & Trauma Team represents a growth opportunity at Arthrex, based in Naples, FL. This career opportunity will oversee all activities impacting all segments of the Extremities and Trauma business, maximizing the effectiveness, results, and market acceptance of our entire portfolio. This position is primarily responsible for planning, organizing and controlling an assigned product line from the conceptual stage through the entire product life cycle to optimize profit and meet marketing, financial, and corporate growth objectives by performing the following duties. There will also be an emphasis on in house surgeon interactions at the corporate office in Naples, FL.
Essential Duties and Responsibilities:
- Key surgeon contact across all product lines under the Extremity and Trauma product group.
- Provides leadership and guidance to other Product / Project Managers
- Participates in overall product strategy, research and development requirements, development, and manufacturing coordination for new and emerging products.
- Manages technical product development, estimates of potential profits, and release
- Manages day-to-day progress of product.
- Provides technical expertise and training to other departments in support of product development.
- Conducts marketing analysis to develop 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.
- Coordinates and develops marketing, sales, engineering, and financial plans for product line.
- Provides financial and technical justification for product selection and definition.
- Prepares 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.
- Defines 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.
- Coordinates product introduction 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.
- Must be able to work with cadaveric specimens.
- May Manage one or more direct reports.
- In-office, Naples FL-based position; not remote.
- Up to 25% travel required
Education and Experience:
- Bachelor’s degree required, preferably in business
- Master’s degree preferred.
- Seven or more years’ experience in medical device development and/or product management and/or sales and/or marketing experience required.
- Orthopedic experience preferred.
- Understanding of all functions involved in development, production, and marketing of product is preferred.
Knowledge and Skill Requirements/Specialized Courses and/or Training:
- Knowledge of surgical orthopedics.
- Skilled in working with different functions and effectively coordinates their activities to achieve desired results.
- Excellent listening skills, including the ability to identify and isolate customers concerns or objections, in addition to excellent written and oral communication skills.
- Proven ability to travel for past positions preferred.
- Ability to work with cadaveric specimens is required.
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.
Nearest Major Market: Naples
Job Segment:
Senior Product Manager, Medical Device, Product Manager, Marketing Manager, Operations, Healthcare, Marketing