Quest Diagnostics

Director, Product Management - Cardiovascular

Quest Diagnostics$160K — $200K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; relevant fields include life sciences, finance, business, marketing, or product management
  • 8+ years of experience, primarily in healthcare, with 4+ years in marketing and product management
  • Previous management experience, overseeing teams from day one
  • Strong project management skills to manage diverse stakeholders
  • Excellent communication and presentation skills, particularly in PowerPoint
  • Skilled in financial data analysis and creating financial forecasts
  • Ability to learn and grasp clinical aspects of the cardiovascular field

Responsibilities

  • Drive profitable growth in the Cardiovascular clinical area through initiatives including marketing, operations improvements, and partnerships
  • Oversee and develop a team of 2 product managers, providing coaching and guidance
  • Identify and build business cases for new opportunities with the medical team
  • Partner with Operations and IT to create new solutions and track progress
  • Lead launch teams ensuring readiness of pricing, training, and promotion strategies
  • Monitor revenue and profitability, making necessary performance adjustments
  • Conduct market research to inform long-term strategies and maintain industry relationships

Benefits

  • Day 1 medical, dental, and vision coverage for full-time employees working 30+ hours
  • Best-in-class well-being programs
  • Annual health assessment program, Blueprint for Wellness®
  • Wellness-focused mental health program, healthyMINDS
  • Flexible vacation and health time along with 6 holidays plus one additional day off
  • FinFit financial coaching and services available
  • 401(k) with company match and employee stock purchase plan
  • Education assistance and career advancement opportunities
  • Variety of additional employee supportive programs and initiatives
Full Job Description
Job Description

Salary Range: $160,000 to $200,000/year + 20% Annual Incentive Plan
Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. Successful candidates may be eligible to receive annual performance bonus compensation.

Benefits Information:
We are proud to offer best-in-class benefits and programs to support employees and their families in living healthy, happy lives. Our pay and benefit plans have been designed to promote employee health in all respects - physical, financial, and developmental. Depending on whether it is a part-time or full-time position, some of the benefits offered may include:
• Day 1 Medical, supplemental health, dental & vision for FT employees who work 30+ hours
• Best-in-class well-being programs
• Annual, no-cost health assessment program Blueprint for Wellness®
• healthyMINDS mental health program
• Vacation and Health/Flex Time
• 6 Holidays plus 1 "MyDay" off
• FinFit financial coaching and services
• 401(k) pre-tax and/or Roth IRA with company match up to 5% after 12 months of service
• Employee stock purchase plan
• Life and disability insurance, plus buy-up option
• Flexible Spending Accounts
• Annual incentive plans
• Matching gifts program
• Education assistance through MyQuest for Education
• Career advancement opportunities
• ...and so much more!

Quest Diagnostics' Clinical Solutions division manages diagnostic tests and other solutions that help hundreds of millions of patients gain insights into their health each year. Product Directors own a large clinical segment and a portfolio of diagnostic tests and solutions. The Product Director for Cardiovascular will manage a ~$600M portfolio within our multi-billion-dollar Cardiometabolic, Endocrinology, and Wellness department. This role will oversee testing for various aspects of Cardiovascular health like dyslipidemia, heart failure, vascular inflammation, cardiometabolic disease, and cardiogenetics. This role will oversee 2 product managers, determine the proper assignment of these managers to the portfolio, and manage their performance.

To be successful, this individual will partner closely with Medical, Operations, IT, Marketing, Sales, Finance, and many other cross-functional partners to build the business case for, secure approval of, and manage the launch of new solutions. The Product Director will also maintain relationships and opportunistically collaborate with medical associations, pharmaceutical companies, medical device manufacturers, and many other external organizations.

Responsibilities

  • Drive for profitable growth in the assigned clinical area (Cardiovascular) by recommending and overseeing various initiatives including marketing and sales campaigns, operations improvement projects, R&D and innovation, and partnerships and M&A activity.
  • Oversee, develop, and coach a team of 2 product managers who are typically responsible for the following:
  • Identifying, evaluating, and building business cases for new opportunities
  • Building the clinical/medical use case with our medical team
  • Partnering with Operations and IT to build new solutions and monitor progress
  • Collaborating with Sales and Marketing to develop an appropriate promotion strategy
  • Leading the launch team and ensuring that pricing, coding, reporting, training, advertising/promotion, channel strategies and tactics are launch-ready
  • Monitoring revenue and profitability in partnership with Finance, Medical Affairs, Pricing, and other groups, and implementing adjustments as needed
  • Contribute to the development of the department's Annual Operating Plan (AOP) and long-term view of the market by:
    • Conducting market research to stay abreast of market trends and the competitive landscape
    • Maintaining close relationships with external partners like medical associations and pharmaceutical companies to gain insights
    • Establishing or maintaining medical advisory committees and patient advocacy groups, if needed
  • Contribute to our team culture by participating in and sometimes leading:
    • Company-wide events like our Annual Heart Health Walk and National Diabetes Month employee webinar
    • Department events like our semi-annual in-person meetings and monthly virtual meetings
    • Company-wide Employee Business Networks (e.g., Young Professionals, HealthyQuest, QuestCAN [non-profit / philanthropy engagement], Women in Leadership, and many others)


Qualifications

Because of the multi-faceted nature of this role, it's unlikely that a candidate will have mastered every single skill that this role involves on the first day. The most important qualification is a willingness to learn and work diligently.

Some other qualifications for consideration are:
  • A bachelor's degree is required. A degree in life sciences, finance, business, marketing, or product management may be most relevant
  • An advanced degree such as an MBA is not required, but many of our product directors do have an advanced degree
  • A typical product director has 8+ years of work experience, most of which has been in the healthcare industry, with 4+ years specifically in marketing and product management
  • Because this role manages a team from day 1, previous people management experience is strongly preferred
  • Ability to become knowledgeable in the clinical aspects of the assigned clinical area (Cardiovascular)
  • Strong project management skills, including engaging the right stakeholders, assigning and following up on action items, and building project timelines
  • Strong communication and presentation skills, especially in PowerPoint
  • Ability to manipulate and analyze financial data in Excel, and ability to create and defend financial forecasts
  • Working with many cross-functional partners who have many different working styles and personalities


About the Team

Quest Diagnostics honors our service members and encourages veterans to apply.

While we appreciate and value our staffing partners, we do not accept unsolicited resumes from agencies. Quest will not be responsible for paying agency fees for any individual as to whom an agency has sent an unsolicited resume.

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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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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