Portfolio Manager (Hybrid)

Stryker; Cary (IL); On-site; USD 98,000 - 164,000; Full time

Job summary

Stryker is seeking a Portfolio Manager to drive portfolio strategy by translating customer, market, and competitive insights into product recommendations. You will partner with R&D, Marketing, Clinical, and Commercial teams to guide lifecycle management, evaluate growth opportunities, and support development and launch of innovative solutions that strengthen the portfolio.

The role requires collaboration across functions to create value propositions, build business cases, and plan launches that

Qualifications

• Bachelor's degree required.
• 4+ years of work experience required.
• Ability to be in Cary, IL office 3x a week.

Responsibilities

• Drive portfolio strategy by translating customer, market, and competitive insights into product and business recommendations.
• Partner with R&D, Marketing, Clinical, and Commercial teams to guide product lifecycle management and launch of solutions.
• Conduct market, customer, patient, and competitive research to identify trends and develop value propositions.
• Analyze qualitative and quantitative data to inform business decisions, forecasting, and performance measurement.
• Lead and support new product development initiatives across the product lifecycle.
• Develop financial business cases, ROI analyses, and funding recommendations for product investments.
• Collaborate with Product Marketing and Clinical Affairs on launch plans, evidence-generation, and messaging.
• Develop and execute product lifecycle strategies in line with business goals and portfolio growth.
• Evaluate customer acquisition/retention opportunities and market expansion potential.

Skills

Market research

Cross-functional collaboration

Financial analysis

Product lifecycle

Pricing strategy

Launch planning

Strategic thinking

Education

Bachelor's degree

Job description

What you will do

As the Portfolio Manager, you will drive portfolio strategy by translating customer, market, and competitive insights into product and business recommendations. This role partners cross-functionally with R&D, Marketing, Clinical, and Commercial teams to guide product lifecycle management, evaluate growth opportunities, and support the development and launch of innovative solutions that strengthen the portfolio.

• Conduct market, customer, patient, and competitive research to identify industry trends, assess product value, and develop compelling value propositions.


• Analyze qualitative and quantitative data to inform business decisions, market opportunities, forecasting, and performance measurement.


• Lead and support new product development initiatives by collaborating cross-functionally throughout the product development and launch process.


• Develop financial business cases, ROI analyses, and funding recommendations to support product investment decisions and growth strategies.


• Partner with Product Marketing and Clinical Affairs to create launch plans, evidence-generation strategies, publications, and messaging aligned with product value and clinical outcomes.


• Develop and execute product lifecycle management strategies that support overall business objectives and long-term portfolio growth.


• Evaluate customer acquisition and retention opportunities, assess market expansion potential, and identify associated financial tradeoffs.


• Develop pricing strategies aligned with marketing objectives, brand positioning, and business goals.


• Support the creation of sales enablement tools, channel communications, and marketing resources to drive product adoption and commercial success.


• Leverage organizational capabilities, resources, and strategic assets to maximize product performance, launch effectiveness, and business impact.

Required

What you need

• Bachelor's degree


• 4+ years of work experience


• Ability to be in our Cary, IL office 3x a week

Preferred

• 2+ years medical device or marketing experience

United States of America Pay Ranges:

• US10: $98,200 - $163,700 USD Annual

View the U.S. work location and transparency guide to find the pay range for your location. Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance. Stryker offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.