Instrumentation Laboratory Company

Product Manager, Acute Care Diagnostics

Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in biological science, business administration, or marketing, or equivalent experience.
  • Minimum three years in sales and/or marketing in the healthcare sector.
  • Experience in junior marketing product management positions.
  • Understanding of coagulation is preferred.
  • Experience with In Vitro Diagnostics is advantageous.

Responsibilities

  • Serve as the primary marketing liaison with sales and technical teams.
  • Coordinate and prepare marketing support programs and promotional materials.
  • Develop and maintain an annual marketing plan based on industry trends.
  • Deliver sales training and create necessary sales tools for new products.
  • Manage relationships with key customers and assist in speaker bureau development.
  • Understand and communicate the benefits of Werfen products effectively.
  • Launch new product lines and strategize go-to-market execution.

Benefits

  • Medical, dental, and vision insurance coverage.
  • 401(k) retirement plan with employer match.
  • Paid vacation and sick leave.
  • Opportunity to participate in commission plans for sales roles.
  • Performance-based bonuses for management and select professional roles.
Full Job Description
Overview

Position Summary:

Defines and implements market requirements for new products. Product management of a dedicated product line. Prepares marketing support program for a specific product, product line, or product area. Coordinates implementation with technical services and field sales organization. Provides Marketing assistance to field personnel and customers.

Responsibilities

Key Accountabilities:
  • Key marketing interface with field sales and applications team and cross-functional stake holders.
  • Prepares and coordinates marketing support programs. Contribute to planning and creation of advertising and promotional materials.
  • Keeps informed about developments in medical instrumentation/diagnostic industry and develop annual marketing plan.
  • Provides sales training for sales staff. Works with field sales staff to develop training requirements and sales tools required to introduce new products and sales campaigns for all or part of product line.
  • Manages key customer relationships and participates in developing speaker bureau.
  • Understands all maintenance, performance and advantages of Werfen products
  • Understands technical aspects of Werfen and competitive products
  • Launches new product line and develop go-to-market strategy and execution.
  • Maintains regular communications with technical services on problems with instruments and reagents within the product line
  • Interfaces with all levels of management and to independently resolve conflicts/problems with company peers
  • Manages and drives internal projects with minimal supervision

Budget Managed (if applicable): N/A

Internal Networking/Key Relationships
  • To be determined based on department needs.

Skills & Capabilities:
  • Business Acumen
  • Customer Focus
  • Organizational Agility
  • Peer Relationships
  • Planning Skills
  • Presentation Skills
  • Drive for Results

Preferred Experience for the Position:
  • Understanding of coagulation
  • Experience with In Vitro Diagnostics


Qualifications

Minimum Knowledge & Experience Required for the Position:
  • Knowledge in Life Sciences: Medical Technology, Biology, Biotechnology, Chemistry
  • Bachelor's degree in biological science, business administration or marketing discipline, or equivalent. Prior experience in junior marketing product management positions
  • Minimum three years' experience in sales and/or marketing within the healthcare industry

International Mobility: No

Travel Requirements:
  • Approximately 25% of time


The annual base salary range for this role is currently $125,000 to $150,000. Individual employee compensation will ultimately depend on factors including education, relevant experience, skillset, knowledge, and particular business needs.

This role is eligible for medical, dental, and vision insurance, 401k plan retirement benefits with an employer match, as well as paid vacation and sick leave. Our sales roles are eligible for participation in a commission plan and our management, and select professional roles, are eligible for a performance-based bonus.

About Instrumentation Laboratory Company

Instrumentation Laboratory Company (IL) is a global leader in the development, manufacturing and distribution of diagnostic solutions for Acute Care Diagnostics, with a focus on Critical Care and Hemostasis testing. Our success comes from a specific focus in these rapidly evolving diagnostic areas, our commitment to customers, and our dedication to innovation and quality. IL develops, manufactures and distributes diagnostic solutions including: critical care systems, hemostasis systems and information management systems. IL's products are used in hospitals around the world, including large hospital systems, independent hospitals and clinics, and reference laboratories. IL is headquartered in Bedford, Massachusetts, and has operations in Europe, the Middle East, Africa, Asia-Pacific, and Latin America.
Learn more about Instrumentation Laboratory Company
Size
1,000 employees
Industry
Net Income
$50 million
5 Year Trend
+5%
Revenue
$500 million

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