Quest Diagnostics

Director, Product Management - Cardiovascular, Metabolic, Endocrinology & Wellness Clinical Franchise

Quest Diagnostics$120K — $160K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of relevant experience in healthcare, with 3+ years in marketing & product management.
  • P&L management experience preferred.
  • Expertise in talent assessment and employee retention.
  • Strong executive presence and key opinion leader (KOL) relationships.
  • Proven change management and negotiation skills.
  • Solid business acumen and collaboration skills.
  • Bachelor's degree in life sciences, business, marketing, or product management; MBA preferred.

Responsibilities

  • Establish the vision and growth strategy for the Clinical Franchise.
  • Lead cross-functional teams to develop solutions for unmet customer needs.
  • Develop and execute the Annual Operating Plan (AOP) with partners.
  • Manage life-cycle strategies through effective team collaboration.
  • Assess new product viability to prioritize R&D initiatives.
  • Track performance metrics, including revenue and profitability.
  • Conduct research to identify market trends and product gaps.

Benefits

  • Opportunities for professional development and further education.
  • Collaborative work environment with cross-functional teams.
  • Executive-level exposure and influence within the organization.
  • Moderate travel opportunities, fostering connections in the industry.
Full Job Description
JOB DESCRIPTION

The Director, Product Managementwill 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 keyinternal business partners including Commercial, Operations, Regions, IT, Medical Affairs, Research & Development, Billing, Marketing, Commercial, Government Affairs, Legal, Compliance and Process Excellence.


JOB 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 6 cost of testing, other relevant costs, investments
  • Conduct market, competitive, and customer research to gain insights, identify needs, market trends, and gaps in Quest9s 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

JOB QUALIFICATIONS

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

  • 7+ years9 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 bachelor9s 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

About Quest Diagnostics

Celera is a healthcare business that uses knowledge of human variability to provide new tests and services to personalize disease management. Their Products business develops and manufactures molecular diagnostic products that are used by hospitals and other clinical laboratories to detect, characterize, monitor and select treatment for disease. They have a distribution agreement with Abbott, through which they develop and commercialize a wide range of molecular diagnostic products, with Abbott serving as the distribution partner.

Quest Diagnostics Careers

Joining Quest Diagnostics means becoming part of a team committed to everyday excellence and innovation in health. As a leading provider of diagnostic insights, Quest Diagnostics offers unparalleled job opportunities in the medical and scientific sectors, making it an ideal place for professionals seeking growth and development in their careers.

Work You’ll Do

At Quest Diagnostics, you will contribute to a culture that values integrity and accountability, where your work significantly impacts patient health and community well-being. Our diverse team of professionals leverages cutting-edge technology and data to lead advancements in diagnostics and healthcare solutions.

Explore Career Opportunities

Whether you're looking for a position in the lab, a leadership role, or a support function, Quest Diagnostics provides a breadth of opportunities. Our commitment to professional growth includes robust training programs and opportunities for advancement, ensuring that every employee can thrive professionally.

Innovate with Us

Join a team where innovation is at the heart of what we do. At Quest Diagnostics, your skills in science, technology, and beyond can help drive transformation in healthcare services. Our collaborative environment encourages creativity and out-of-the-box thinking to improve patient outcomes and streamline processes.

Internship and Employment Opportunities

Start your career path with Quest Diagnostics through our internship programs or full-time employment opportunities. We are committed to hiring talented individuals who are passionate about building a rewarding career in healthcare. Our internships provide a solid foundation in industry-specific skills and networking opportunities, setting the stage for a successful career.

Benefits and Culture

Quest Diagnostics is dedicated to fostering a workplace where diversity and inclusion are embedded in our DNA. From competitive benefits and wellness programs to diversity training and flexible work arrangements, we ensure our employees have what they need to succeed both professionally and personally.

Leadership and Development

We believe in nurturing leadership skills at every level of the organization. Quest Diagnostics offers various leadership programs designed to help you grow as an influential professional. With continuous learning and development, you can expand your expertise and take on new challenges.

Join Our Team

Search open positions that match your skills and interests. At Quest Diagnostics, we look for driven, curious, and innovative team players who are ready to make a difference. Explore the many facets of our business, from scientific research to client services, and find where you can make your mark.

Stay Connected

Keep up to date with career tips, industry insights, and the latest innovations at Quest Diagnostics. Our careers blog offers valuable information to help you navigate your professional journey effectively.

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Customize your subscription to receive job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Quest Diagnostics. At Quest Diagnostics, every role has an impact. Embark on your career journey with us and transform the landscape of healthcare through the power of insight.
Learn more about Quest Diagnostics
Size
40,000 employees
Market Cap
$17.8 billion
Industry
Net Income
$1.4 billion
Founded
1959
5 Year Trend
+7.5%
Revenue
$9.4 billion
NASDAQ

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