Job Description:ITW MEDICAL Product Manager (Filtration) ROLE:ITW Medical, a division of ITW, is comprised of two highly respected brands - Coeur and Filtertek, supplying critical filtration, flow control, and fluid management solutions serving Surgical, Infusion, Bioprocessing and Diagnostic end markets. ITW Medical differentiates itself by providing innovative, high-quality products with world-class service levels to global customers with global operations. We have a strong purpose and impact behind everything we do daily as it impacts patients care, diagnostics, drug delivery, and vaccination for our communities around the world.
We are looking for a talented, experienced Product Manager with a passion for healthcare, career advancement to join and accelerate our efforts to improve surgical and infusion procedures, improve diagnostics, enhance patient care, optimize drug delivery with the end goal of improving patient outcomes and lowering cost of care. This role would sit either at our Hebron, IL or Glenview, IL location and report to the Innovation Marketing Manager.
Position Summary:- Identify areas of opportunity for ITW Medical for our filtration products within prioritized market segments that are a focus for the division.
- Develop discovery interview guides, research plans and partner with cross functional teams to conduct customer interviews.
- Attend customer meetings to support product development at customer locations.
- Partner with Engineering & Innovation Director to identify innovative product concepts and present business cases for the prioritized opportunities.
- Build product roadmaps for existing universal products and collaborate with the cross functional team to justify and deploy product line enhancements and extensions.
- Create launch plans and quantified value proposition for product launches. Assist Sales team by building tools to sell our quantified value proposition.
Primary Responsibilities:- Identify and size filtration opportunities in prioritized Surgical, Infusion, Bioprocessing and Diagnostic segments and convert insights into clear business cases.
- Lead customer discovery by creating interview guides and research plans, conducting interviews with cross-functional partners, and translating findings into product requirements.
- Own universal product roadmaps, partnering with Engineering and the Innovation Director to prioritize concepts and justify line enhancements and extensions.
- Lead product launches, including quantified value propositions, pricing input, and sales tools that communicate differentiated clinical and economic value.
- Develop and execute IP strategies for universal products in partnership with legal.
- Build relationships with OEMs, suppliers, standards bodies and other stakeholders to monitor trends and inform product and portfolio direction.
- Ensure universal product compliance with relevant standards and regulations, coordinating with Quality, Regulatory and Engineering.
- Use the APQP stage-gate process to plan and execute projects, ensuring cross-functional alignment and smooth transition into commercialization.
- Act as divisional expert on market and pricing intelligence, informing portfolio, pricing and investment decisions.
- Improve collateral, website content and selling tools to strengthen early-funnel prospecting for filtration solutions.
Position Skills and Experience Requirements:To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
- Bachelor's degree in Business, Marketing, Engineering or related field; MBA preferred.
- 3+ years progressive experience in Product Management, Marketing or Engineering with new product development and commercialization; regulated industry experience preferred.
- Proven ability to build data-driven business cases and present recommendations to senior leadership.
- Strong strategic thinking, connecting clinical, regulatory and market trends to portfolio, roadmap and IP decisions.
- Experience managing cross-functional projects within a stage-gate framework (e.g., APQP or similar).
- High accountability for business outcomes, comfortable setting priorities and driving execution from concept to launch.
- Strong analytical and problem-solving skills, integrating qualitative customer insights and quantitative market/financial data.
- Excellent communication and presentation skills, able to simplify complex technical and clinical concepts and collaborate across regions and functions.
- Ability to thrive in a decentralized, entrepreneurial environment, demonstrating curiosity, initiative and the ability to motivate others.
- Ability to travel up to 30%, primarily domestic with occasional international travel.
Compensation Information:This compensation range is provided as a reasonable estimate of the current salary range for this role. Compensation depends on relevant experience and/or education, specific skills, market level, other job-related factors, geographic location, and other factors as applicable by law. As applicable this role will also receive overtime compensation and may be eligible for shift premium compensation.
Pay Range:$95,000-135,000 plus variable bonusBenefitsBenefits for this role can be seen by visiting www.itwemployee.com. In addition, employees can qualify for vacation, sick, and holiday compensation benefits.
Vacation - up to 120 hours within first year
Sick - up to 40 hours of time within first year
Floating Holiday - up to 8 hours of time within first year
Holiday - 10 paid holidays per year, these holidays are selected by the Division
