Medtronic

Principal Innovation Manager, Anesthesia Monitoring

Medtronic$171K — $256K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree
  • 10+ years in product management or marketing with bachelor's or 8+ years with an advanced degree
  • Proven experience influencing product development and portfolio strategy
  • Excellent communication skills for executive-level presentations
  • Experience launching global medical device products

Responsibilities

  • Develop and communicate a compelling product roadmap for Anesthesia Monitoring
  • Prioritize stakeholder needs for new products and enhancements
  • Translate market needs into strategic opportunities for R&D
  • Conduct market analysis and maintain P&L models
  • Work with cross-functional teams on timely product development
  • Coordinate product transitions with downstream marketing
  • Support sustaining development projects for existing products

Benefits

  • Health, dental, and vision insurance
  • 401(k) plan with employer contributions
  • Tuition assistance/reimbursement
  • Employee stock purchase plan
  • Paid time off and holidays
Full Job Description
We anticipate the application window for this opening will close on - 15 Aug 2026

A Day in the Life
At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

Are you ready to be at the forefront of innovation in one of Medtronic's fastest-growing sectors? Join us in Acute Care & Monitoring, where you'll play a pivotal role in revolutionizing perioperative care. As the Principal Innovation Manager (upstream marketing lead/individual contributor) for Anesthesia Monitoring, you'll own and drive the product roadmap for the BIS™ brain monitoring portfolio-a market-leading solution aiding anesthesia providers to personalize anesthetic care, impacting over 13 million patients annually.

With less than 1 in 4 patients having access to robust perioperative monitoring worldwide, the BIS™ brain monitoring product line represents a critical, well-funded growth driver for our division. Seize this unparalleled opportunity to advance groundbreaking innovations and contribute to our mission of empowering patient safety, anytime, anywhere.

A Day in the Life
  • Shape & Deliver the Upstream Portfolio Vision:
    • Visionary Leadership: Collaborate to develop and communicate a compelling Anesthesia Monitoring product roadmap aligned with growth and competitive strategies.
    • Stakeholder Engagement: Organize, articulate, and prioritize stakeholder needs for new products and enhancements.
    • Strategic Decision-Making: Translate these needs into priority market segments and opportunities to advise R&D.
    • Business Development: Prepare and pitch business cases to launch new product development and drive inorganic growth opportunities.
  • Drive Strategic Opportunities with Market Sizing & VOC:
    • Market Analysis: Develop and maintain global market and P&L models for intubation and adjacent markets.
    • Customer Insights: Conduct primary voice-of-customer in close collaboration with R&D and leverage internal expertise to identify and meet customer and business needs.
  • Lead Cross-Functional Team to Execute Innovation Strategy:
  • Collaborative Execution: Work closely with cross-functional teams to ensure timely and budget-conscious new product development.
  • Seamless Transition: Coordinate with downstream marketing for smooth product development-to-management transitions.
  • Portfolio Support: Prioritize and support sustaining development projects for existing products.
  • Travel: Global travel to support the needs of the business. Approximately 1x per month (20%)


REQUIRED QUALIFICATIONS
  • Bachelor's degree
  • Minimum of 10 years with bachelor's or 8 years with advanced degree with relevant experience in product management, upstream marketing, strategic marketing, or product development


PREFERRED QUALIFICATIONS
  • MBA or advanced degree
  • Experience translating clinical and customer insights into product requirements and differentiated value propositions.
  • Experience influencing product development decisions and portfolio strategy within healthcare or medical device environments.
  • Demonstrated ability to influence cross-functional and global stakeholders without direct authority.
  • Experience presenting market insights, strategic recommendations, and product strategies to senior leadership
  • Experience synthesizing customer insights, competitive intelligence, and market trends to inform strategic decisions.
  • Excellent written and verbal communication skills, including development of executive-level presentations
  • Experience launching global medical device products
  • Knowledge of EEG and/or anesthesia care
  • Acquisitions and distribution deals experience

For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. A7 214.2(h)(4)(iii)(A) is required.

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

U.S. Work Authorization & Sponsorship

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

Recruitment Fraud Alert

We are aware of phishing scams targeting job seekers. Please keep the following in mind:

Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official [redacted].com email addresses.

Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate.

If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments.

If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at [redacted].

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

Salary ranges for U.S (excl. PR) locations (USD):$171,200.00 - $256,800.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).

The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans

About Medtronic

Medtronic plc is an Irish-domiciled multinational medical device company that develops and manufactures medical device technologies and therapies to treat chronic diseases worldwide. Medtronic was founded in 1949 in Minneapolis, Minnesota, as a medical equipment repair shop. Today, the company operates in more than 160 countries and employs over 90,000 people. Medtronic's primary products include implantable pacemakers and defibrillators, insulin pumps, spinal and neurostimulation devices, surgical tools, and patient monitoring systems. The company is committed to improving patient outcomes and expanding access to healthcare through innovative medical technologies.
Learn more about Medtronic
Size
95,000 employees
Market Cap
$102.7 billion
Industry
Net Income
$2.8 billion
Founded
1949
5 Year Trend
+1.3%
Revenue
$27.9 billion
NASDAQ

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