Boston Scientific
Principal Product Manager, Global Upstream Marketing - Pain Stim
Boston Scientific, Osseo, Minnesota, United States, 55311
Additional Location(s):
US-CA-Valencia; US-MA-Marlborough; US-MN-Arden Hills; US-MN-Maple Grove
Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance
At Boston Scientific, we'll give you the opportunity to harness all that's within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we'll help you in advancing your skills and career. Here, you'll be supported in progressing - whatever your ambitions.
About the Role:
The Principal Global Product Manager will work on Pain Stim franchise products in the Neuromodulation division. The Pain Stim franchise encompasses Spinal Cord Stimulation and Radiofrequency Ablation product portfolios. The Principal PM will lead upstream marketing initiatives and will play a key role in setting the franchise strategy based on their expert knowledge of market, competition and clinical trends. This individual will participate in product development projects, as well as, globalization efforts. This person is an experienced marketer and demonstrates strength in strategy and planning in support of franchise management, product lifecycle management including new product development, and product launches and commercialization. This individual demonstrates a high level of business acumen and will be able to partner collaboratively with cross-functional teams (i.e. R&D, operations, HEMA, clinical, regulatory, quality and commercial counterparts), develop KOL relationships, drive market research, and translate Voice of Customer into action.
Your responsibilities will include:Represents Global Marketing and franchise in developing new concepts for product development and/or acquisition; puts together and pitches project investment proposals independently.Acts as upstream marketing lead for more than one product development (PDP) team simultaneously, including leading the creation of market specifications and financial models independently.Leads cross-functional teams to develop and execute high-quality launch plans, value proposition(s), positioning, customer targeting, pricing strategies, branding strategies, evidence strategies, etc.) for new products.Collaborates with downstream marketing to drive innovative marketing solutions for new products, programs and tools to create value and support the needs of the Sales Team.Develops deep understanding of competitors and contributes to competitive action / response plans; infuses understanding of competitive landscape into roadmap and PDP decision making.Creates relationships and strategic partnerships with key opinion leaders to execute critical franchise & business initiatives. Regularly connects with key stakeholders to drive education, market adoption and innovation of BSC products.Develops global relationships and builds credibility with key internal cross-functional stakeholders.In collaboration with Marketing Strategy & Analysis, leads various market research initiatives to gather customer and market insights to inform key decisions, marketing strategies and execution plans.Identifies, tracks and provides updates to senior leadership on key performance indicators (KPIs) for initiatives; serves as the subject matter expert for assigned products and disease states.Anticipates challenges and roadblocks before they arise, escalates for support in a timely manner.Spends time in the field and supporting customer events to gain market and clinical insights, as well as build relationships with key physicians.Develops forecasts for supply chain as well as overall revenue planning; develops plans to navigate product transitions/supply constraints/quality driven events (i.e. CAPA, field action, etc) to optimize commercial and P&L impact (independently).Collaborates with Clinical Strategy, Clinical Affairs, and Health Economics and Market Access (HEMA) on evidence strategy and with Professional Education team on medical education program strategyMay be involved in marketing diligence on acquisition targets.Works under minimal supervision. Independently determines and develops approach to solutions. Work is reviewed upon completion for adequacy in meeting objectives.Required Qualifications:
Bachelor's degree in marketing, engineering, healthcare or a related field5+ years of experience in upstream marketing, product management and/or strategic marketing; new product launch experienceExperience creating impactful marketing plans and developing value propositions, positioning and targetingExperience building relationships with key customers and cross-functional partners; capable of working with global colleaguesDemonstrated ability to manage multiple priorities simultaneously, to influence key stakeholders and to tailor communication appropriately based on audienceStrong analytical, quantitative, and strategic thinking skillsDomestic and global travel up to 35%Preferred Qualifications:
Advanced degree (i.e. MBA)Class III implantable medical device experience, preferably with ongoing service or support needs post implantDigital health product management experienceDemonstrated success leading in a matrix organizationStrong financial modeling skills with experience conducting assessments of sophisticated marketsExperience collaborating globally on new product launches7+ years of experience in upstream marketing, product management and/or strategic marketing; new product launch experience
The expected annualized base pay range this full-time position working at this location (Valencia, CA) will be from $124,100 - $235,800, plus annual bonus (subject to plan eligibility and other requirements) and the value of core and optional employee benefits being offered at BSC, which can be reviewed at www.bscbenefitsconnect.com. At BSC, it is not typical for an individual to be hired near the bottom or top of the pay range. Boston Scientific considers various factors in determining actual compensation for this position at the expected location. Actual compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, and other relevant business or organizational needs. Actual compensation may be otherwise adjusted if the position is filled outside of the intended geographic location.
Requisition ID:
593189
As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most - united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do - as a global business and as a global corporate citizen.
So, choosing a career with Boston Scientific (NYSE: BSX) isn't just business, it's personal. And if you're a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!
At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve.
Boston Scientific Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identify, gender expression, veteran's status, age, mental or physical disability, genetic information or any other protected class.
Boston Scientific maintains a prohibited substance free workplace. Pursuant to Va. Code § 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.
Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status. Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment. Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements. As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company's policies or protocols change with regard to COVID-19 vaccination.
US-CA-Valencia; US-MA-Marlborough; US-MN-Arden Hills; US-MN-Maple Grove
Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance
At Boston Scientific, we'll give you the opportunity to harness all that's within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we'll help you in advancing your skills and career. Here, you'll be supported in progressing - whatever your ambitions.
About the Role:
The Principal Global Product Manager will work on Pain Stim franchise products in the Neuromodulation division. The Pain Stim franchise encompasses Spinal Cord Stimulation and Radiofrequency Ablation product portfolios. The Principal PM will lead upstream marketing initiatives and will play a key role in setting the franchise strategy based on their expert knowledge of market, competition and clinical trends. This individual will participate in product development projects, as well as, globalization efforts. This person is an experienced marketer and demonstrates strength in strategy and planning in support of franchise management, product lifecycle management including new product development, and product launches and commercialization. This individual demonstrates a high level of business acumen and will be able to partner collaboratively with cross-functional teams (i.e. R&D, operations, HEMA, clinical, regulatory, quality and commercial counterparts), develop KOL relationships, drive market research, and translate Voice of Customer into action.
Your responsibilities will include:Represents Global Marketing and franchise in developing new concepts for product development and/or acquisition; puts together and pitches project investment proposals independently.Acts as upstream marketing lead for more than one product development (PDP) team simultaneously, including leading the creation of market specifications and financial models independently.Leads cross-functional teams to develop and execute high-quality launch plans, value proposition(s), positioning, customer targeting, pricing strategies, branding strategies, evidence strategies, etc.) for new products.Collaborates with downstream marketing to drive innovative marketing solutions for new products, programs and tools to create value and support the needs of the Sales Team.Develops deep understanding of competitors and contributes to competitive action / response plans; infuses understanding of competitive landscape into roadmap and PDP decision making.Creates relationships and strategic partnerships with key opinion leaders to execute critical franchise & business initiatives. Regularly connects with key stakeholders to drive education, market adoption and innovation of BSC products.Develops global relationships and builds credibility with key internal cross-functional stakeholders.In collaboration with Marketing Strategy & Analysis, leads various market research initiatives to gather customer and market insights to inform key decisions, marketing strategies and execution plans.Identifies, tracks and provides updates to senior leadership on key performance indicators (KPIs) for initiatives; serves as the subject matter expert for assigned products and disease states.Anticipates challenges and roadblocks before they arise, escalates for support in a timely manner.Spends time in the field and supporting customer events to gain market and clinical insights, as well as build relationships with key physicians.Develops forecasts for supply chain as well as overall revenue planning; develops plans to navigate product transitions/supply constraints/quality driven events (i.e. CAPA, field action, etc) to optimize commercial and P&L impact (independently).Collaborates with Clinical Strategy, Clinical Affairs, and Health Economics and Market Access (HEMA) on evidence strategy and with Professional Education team on medical education program strategyMay be involved in marketing diligence on acquisition targets.Works under minimal supervision. Independently determines and develops approach to solutions. Work is reviewed upon completion for adequacy in meeting objectives.Required Qualifications:
Bachelor's degree in marketing, engineering, healthcare or a related field5+ years of experience in upstream marketing, product management and/or strategic marketing; new product launch experienceExperience creating impactful marketing plans and developing value propositions, positioning and targetingExperience building relationships with key customers and cross-functional partners; capable of working with global colleaguesDemonstrated ability to manage multiple priorities simultaneously, to influence key stakeholders and to tailor communication appropriately based on audienceStrong analytical, quantitative, and strategic thinking skillsDomestic and global travel up to 35%Preferred Qualifications:
Advanced degree (i.e. MBA)Class III implantable medical device experience, preferably with ongoing service or support needs post implantDigital health product management experienceDemonstrated success leading in a matrix organizationStrong financial modeling skills with experience conducting assessments of sophisticated marketsExperience collaborating globally on new product launches7+ years of experience in upstream marketing, product management and/or strategic marketing; new product launch experience
The expected annualized base pay range this full-time position working at this location (Valencia, CA) will be from $124,100 - $235,800, plus annual bonus (subject to plan eligibility and other requirements) and the value of core and optional employee benefits being offered at BSC, which can be reviewed at www.bscbenefitsconnect.com. At BSC, it is not typical for an individual to be hired near the bottom or top of the pay range. Boston Scientific considers various factors in determining actual compensation for this position at the expected location. Actual compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, and other relevant business or organizational needs. Actual compensation may be otherwise adjusted if the position is filled outside of the intended geographic location.
Requisition ID:
593189
As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most - united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do - as a global business and as a global corporate citizen.
So, choosing a career with Boston Scientific (NYSE: BSX) isn't just business, it's personal. And if you're a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!
At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve.
Boston Scientific Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identify, gender expression, veteran's status, age, mental or physical disability, genetic information or any other protected class.
Boston Scientific maintains a prohibited substance free workplace. Pursuant to Va. Code § 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.
Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status. Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment. Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements. As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company's policies or protocols change with regard to COVID-19 vaccination.