Portfolio Associate

Stryker Corporation

Mahwah (NJ)

On-site

Confidential

Full time

6 days ago
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Benefits offered by this job

Travel opportunities
Equal opportunity employer

Job summary

Stryker Corporation in Mahwah, NJ is seeking a Portfolio Associate for the Knee Portfolio. You will leverage market analytics to identify trends and generate insights to support portfolio decisions and product launches.

You will collaborate with cross-functional teams on pre-commercialization plans, annual marketing plans, and presentations to leaders and sales teams. This role provides exposure to marketing strategy and portfolio management in a leading medical technology company.

Qualifications

  • Bachelor’s degree required.
  • 0+ years of work experience required.
  • MBA and marketing/medical device experience preferred.

Responsibilities

  • Understand market positioning and competitor strengths.
  • Describe product line offerings and key features.
  • Gather and apply market research in decision making.
  • Research and collect product and marketing information.
  • Support new markets, opportunities and segments for development.
  • Understand product branding philosophies and value propositions.
  • Identify elements of value propositions needing evidence.
  • Support commercialization plans to win new customers and expand categories.
  • Understand customer types and sales forecasting concepts.
  • Understand PLCM plans and pricing data sources.

Skills

Marketing experience
Presentation skills
Interpersonal communications
Data analytics

Education

Bachelor's degree
MBA

Tools

PowerBI
SQL
Excel
PowerPoint

Job description

Work Flexibility: Hybrid or Onsite As a Portfolio Associate supporting Stryker's Knee Portfolio you will help drive the growth and success of products that advance patient care in knee arthroplasty. In this role, you will leverage business and market analytics to identify trends, measure performance, and generate insights that support portfolio decision-making. You will collaborate with cross-functional teams to contribute to pre-commercialization plans, annual marketing plans, and product launch initiatives while supporting presentations to business leaders, sales teams, and customers. This position offers an opportunity to build marketing and portfolio management expertise while contributing to innovative solutions that help surgeons deliver better care for their patients. This is a hybrid role located in Mahwah, NJ.

What you will do:
  • Understand the market positioning and strengths of key competitors
  • Describe the basic offerings of a product line and their primary features
  • Gather and apply market research in decision making
  • Research and collect product information, service information and marketing literature
  • Assist with researching new markets, opportunities and segments to support new product development
  • Understand key marketing philosophies around product branding
  • Identify key elements within a new product's Value Proposition that requires evidence
  • Understand the appropriate commercialization plans to put in place to earn new customers or expand in current categories
  • Understand the differences between customers; non-users, exclusive users, competitive users and multi-brand user
  • Understand the concepts and importance of sales forecasting
  • Understands a product lifecycle management (PLCM) plan
  • Research internal and external data sources for pricing
  • Locate market data, planning tools, and expert resources when analyzing marketing strategies
  • Understand measurements of business performance and how to identify trends
What you will need:

Required:

  • Bachelor’s degree required
  • 0+ years of work experience required

Preferred:

  • MBA preferred
  • Marketing experience preferred
  • Medical device experience preferred
  • Excellent presentation and interpersonal communications skills
  • Demonstrated proficiency in Microsoft Office (Excel, Word & PowerPoint)
  • Familiarity with data analytics and data analytics tools such as PowerBI and SQL

United States of America Pay Ranges: USN: $59,900 - $83,300 USD Annual US20: $71,900 - $100,000 USD Annual View the U.S. work location and transparency guide to find the pay range for your location.

Travel Percentage: 10%

Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status. Stryker is an EO employer – M/F/Veteran/Disability. Stryker Corporation will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

Stryker is one of the world’s leading medical technology companies and, together with its customers, is driven to make healthcare better. We offer innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. We are proud to be named one of the World’s Best Workplaces! For more information, visit: www.stryker.com

Work Flexibility Remote – Role allows you to work the majority to 100% of time from an alternate workplace. These roles could have travel expectations, and you must work within the country of the job requisition location.

Field-based – You can expect to regularly work a majority to 100% of time at customer facilities and has a set territory or expectation to travel within a set boundary. Almost all sales roles would likely be qualified as field-based.

Onsite – Role is 100% located at a Stryker facility. Some ad hoc flexibility may be available depending on role, level, and job requirements. Manufacturing roles and any role that requires physical presence at the office would qualify under this category.

Hybrid – You can expect to regularly work in both an alternate workplace and a Stryker facility. Roles that are partially remote or co-located would qualify as hybrid, and the expectation to be onsite would be defined and agreed upon by your manager/supervisor.

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