Senior Strategic Product Manager - Life Sciences

Merck Group$120K — $181K *
Pharmaceuticals & Biotech
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in a scientific or engineering discipline.
  • 5+ years of experience in product management and/or strategic marketing, preferably in bioprocessing.
  • Familiarity with the GLP-1 market is highly desirable.
  • Experience in single-use manufacturing, particularly in sampling and final fill applications is preferred.
  • Strong problem-solving skills and attention to detail.

Responsibilities

  • Develop a vision and strategic plan for product portfolio in the GLP-1 market.
  • Monitor market trends and competitive activity to inform product strategies.
  • Drive the product development roadmap, including financial analysis and market sizing.
  • Execute Annual Operating Plans focused on revenue growth and life cycle management.
  • Collaborate cross-functionally to achieve business results in a global environment.
  • Formulate pricing strategies aligned with top and bottom-line goals.
  • Present updates and insights regularly to stakeholders and senior management.

Benefits

  • Medical, vision, and dental insurance.
  • Life insurance and disability insurance.
  • 401(k) matching program.
  • Paid time off and paid holidays.
  • Incentive compensation opportunities including cash bonuses.
Full Job Description
Work Location: Bedford, Massachusetts
Shift:
Department: LS-PS-IG Single Use Growth Segments
Recruiter: Leah S Westley

This information is for internals only. Please do not share outside of the organization.

Your Role:

We have an exciting opportunity for you to join as a Senior Strategic Product Manager in a highly visible role within the Single Use and Integrated Systems Business Franchise. You will act as the business owner to set the direction and drive the growth of our product portfolio, focusing on Fill & Finish and Sterile Sampling applications in the GLP-1 market. Your deep knowledge of global market dynamics, customer applications, and business opportunities will be essential in developing and implementing strategies for market leadership in this evolving sector.

What you will do:
  • Develop a clear vision and strategic plan, including long-range planning, product portfolio positioning, and evolution of the portfolio for modalities/applications that create value for customers, with a focus on the GLP-1 market.
  • Act as the owner to drive the product development roadmap, including business cases, market sizing, financial analysis, and forecasting, and lead successful product launches from concept through commercialization, particularly for the GLP-1 market.
  • Work collaboratively and cross-functionally with R&D, commercial, operations, and other key business partners to drive business results in a global high matrix setup.
  • Actively monitor competitive activity, market trends, and customer feedback related to GLP-1, translating these insights into winning strategies for new and existing products.
  • Develop and execute Annual Operating Plans (AOP), including go-to-market execution focused on revenue growth, operating margin, innovation, and lifecycle management.
  • Formulate pricing strategies to maximize top and bottom-line goals, taking into account the competitive landscape.
  • Frequently present updates and insights to stakeholders, sponsors, and senior management, focusing on the impact of your strategies in the GLP-1 market.


We invite you to bring your expertise and passion for innovation to our team as we strive to lead in the GLP-1 market and beyond. Join us in making a meaningful impact!

Who You Are

Minimum Qualifications:
  • Bachelor's Degree in a scientific or engineering discipline.
  • 5+ years of experience in a product management and/or strategic marketing role, preferably within the bioprocessing industry.


Preferred Qualifications:
  • Experience in the bioprocessing industry and single-use manufacturing, ideally in sampling and Fill & Finish applications.
  • Comprehensive Understanding of Single-Use Assemblies: Strong understanding of single-use assemblies and their critical role in sampling and Fill & Finish applications within the bioprocessing industry, focusing on their impact on process efficiency, regulatory compliance, and overall enhancement of operational workflows.
  • Familiarity with the GLP-1 market and its dynamics is highly desirable.
  • Advanced degree in a quantitative or scientific field (MBA, Master's, or PhD) is preferred.
  • Strong problem-solving skills with attention to detail, along with the ability to analyze business impact and make effective decisions.
  • Excellent analytical and communication skills, including proficiency in written, verbal, and presentation formats.
  • Proven experience in digital solutions, particularly integrated systems with software and customer-facing design configurator tools.
  • Self-motivated and energetic, with a strong ability to drive business results and initiatives.
  • Excellent organizational and interpersonal skills, demonstrating the ability to thrive in a fast-paced, cross-functional environment.
  • Ability to manage multiple projects simultaneously with a high degree of independence and agility.
  • Highly collaborative, with a demonstrated ability to influence and navigate within a global matrix organization.


Pay Range for this position: $120,600-181,300

The offer range represents the anticipated low and high end of the base pay compensation for this position. The actual compensation offered will be determined by factors such as location, level of experience, education, skills, and other job-related factors. Position may be eligible for sales or performance-based bonuses. Benefits offered by the Company include health insurance, paid time off (PTO), retirement contributions, and other perquisites. For more information click here.

About Merck Group

Merck Group Careers

There has never been a more opportune time to join Merck Group, a leading science and technology company in healthcare, life science, and performance materials. Merck Group offers a plethora of job opportunities that cater to a variety of skills and professional aspirations, making it an ideal environment for both seasoned experts and those at the start of their career journey.

Work You’ll Do

At Merck Group, every team member contributes to breakthrough innovations in healthcare, life sciences, and electronics. The company's commitment to diversity and innovation fuels its leadership in various sectors, driving growth and transformation globally. Merck Group’s career paths are diverse, offering positions that challenge individuals to use their skills in new ways every day, supported by robust training programs and development opportunities.

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Merck Group is not just about jobs; it's about building a career. With a vast array of positions, from research and development to marketing and sales, the company is keen on hiring and nurturing talent to lead industry transformation. Merck Group’s dedication to professional growth is evident in its comprehensive benefits package and performance management processes that aim to maximize individual potential.

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Starting with an internship at Merck Group can be a pivotal step in securing a prosperous career. Interns gain invaluable industry experience, working alongside seasoned professionals and engaging in projects that offer real-world applications of their studies. Internships often lead to full-time employment opportunities, providing a seamless transition from education to professional employment.

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Merck Group is proud of its inclusive culture that embraces diversity and fosters an environment where all employees can thrive. The company’s leadership is committed to creating a workplace where diverse ideas lead to innovative outcomes. Merck Group also offers diversity training to ensure all team members are equipped to contribute to the company’s inclusive goals.

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Employees at Merck Group are encouraged to engage in networking and professional development activities that enhance their career trajectories. The company hosts various networking events, workshops, and seminars that are designed to hone skills and foster connections within the industry. Leadership development programs are also a cornerstone, preparing employees for future roles of increased responsibility.

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