Manager, Product Development
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Job Description
Manager of Product Development at NMDP responsible for managing products and leading cross-functional teams. Collaborates on product strategy and delivers market-driven solutions in a dynamic environment.
Responsibilities:
- Develops and Manages the Product Portfolio:
- Leverages his or her industry expertise to inform and shape the overall product strategy.
- Serves as a product evangelist throughout the organization and with external stakeholders in order to create buy-in, as well as build awareness and credibility.
- Collaborates on the product strategy and product roadmap that reflects the priorities of the organization, as well as our customers, while also delivering on our strategic objectives.
- Conducts market research and meets with customers to solicit feedback on current products and understand unmet needs.
- Assesses the competitive environment and determine our competitive position compared to others in the market.
- Owns the creative process of generating, developing and curating new product ideas to drive growth.
- Translates the product strategy into detailed requirements and specifications.
- Clearly articulates the value proposition to the internal development team so they understand the demand for and interest in a new product or product release.
- Owns product definition, specifically the identification of key product functionality that best meets the needs of the internal and external stakeholders.
- Drives product development and continuously re-prioritizes features and functionality as new information is obtained during the product development cycle.
- Leads the Go-to-Market Strategy:
- Leverages industry expertise to drive product pricing and positioning strategies to drive growth in lives and revenue.
- Works with Marketing to develop marketing and promotional strategies appropriate for each product and in consideration of the target audience.
- Increases market share through the development and delivery of market-driven products, as well as working with Sales/Business Development on product sales strategies.
- Assists the Sales/Business Development team in the development of pitch decks, product overviews, and other sales support materials for the products in your portfolio.
- Achievement of Results:
- Develops and leads a high-performing, cross-functional team focused on the delivery of our objectives and initiatives.
- Actively monitors product, customer and operational metrics and course corrects as needed.
- Designs and monitors metrics for biobank usage and performance.
- Oversees the delivery of products & services that meet or exceed provider expectations and meet SLAs.
- Owns the P&L and ensures financial and operational metrics are met or exceeded.
- Collaborates cross-functionally to deliver services.
- Develops and Maintains Key Relationships:
- Attend conferences and builds relationships with industry influencers and key customers.
- Attends multi-department meetings, and communicates regularly to internal and external stakeholder groups in multiple forums.
- Acts as a leader supporting the strategic goals and initiatives of NMDP.
- Participates in strategic planning for the organization and review progress toward achieving strategic goals on a monthly basis.
- Builds professional networks in this and related industries for the purposes of best practice sharing and performance benchmarking.
Requirements:
- Bachelor’s degree required. Upon evaluation, equivalent related experience and/or education may be substituted for degree requirement.
- 2-4 years of product or brand management experience, including developing and delivering B2B products and services for healthcare entities (e.g. transplant centers, physicians, and other medical professionals).
- Experience working effectively with cross-functional teams in a matrix environment strongly preferred.
- 2 years of experience leading teams.
Benefits:
- NMDP offers regular, full-time employees medical, dental, vision, life and disability, accident/critical illness/hospital, well-being, legal, identity theft and pet benefits. • Retirement, paid time off/holidays, leave and incentive plans are also offered to eligible employees.
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