Portfolio Manager (Hybrid)

PowerToFly; Mahwah (NJ); Hybrid; USD 107,000 - 179,000; Full time

Job summary

Stryker is seeking a Portfolio Manager on the Trauma team to translate customer needs into product specifications and to drive market adoption.

You will lead market research, develop value propositions, and collaborate across NPDP to enable launches, pricing, and lifecycle management in a fast-paced medical device environment.

Qualifications

• Bachelor’s degree required.
• 4+ years of work experience.
• Onsite at Mahwah, NJ office 3x a week.

Responsibilities

• Conduct market, competitive, and customer research to identify trends, needs and opportunities.
• Translate product features and customer insights into compelling value propositions.
• Collaborate cross-functionally to evaluate NPDP opportunities and launches.
• Build and maintain financial business case models for investments, forecasting, pricing and ROI.
• Leverage capabilities to maximize new product development, launch planning and lifecycle management.
• Partner with Clinical Affairs and Product Marketing on evidence-generation and messaging.
• Evaluate customer acquisition, retention opportunities and pricing strategies.
• Develop and execute product launch plans and sales enablement resources.
• Execute PLCM strategies to drive long-term growth.

Skills

Market research

Financial modeling

Cross-functional collaboration

Pricing strategy

Education

Bachelor's degree

MBA

Job description

What you will do:

As a Portfolio Manager on Stryker's Trauma team, you will help compile and evaluate research on customer needs in the market or segment and translate those needs into specifications for future generation products.

• Conduct market, competitive, and customer research using qualitative and quantitative data to identify industry trends, customer needs, and product opportunities.

• Translate product features, benefits, and customer insights into compelling value propositions and messaging strategies.

• Collaborate cross-functionally throughout the New Product Development Process (NPDP) to evaluate opportunities, support business objectives, and drive successful product launches.

• Build and maintain financial business case models to support product development investments, forecasting, pricing strategies, and return-on-investment analyses.

• Leverage organizational capabilities and strategic assets to maximize new product development, launch planning, and lifecycle management efforts.

• Partner with Clinical Affairs and Product Marketing to define evidence-generation strategies, develop publication plans, and ensure messaging aligns with clinical and scientific data.

• Evaluate customer acquisition and retention opportunities, including potential sources of new volume, market expansion strategies, and associated financial tradeoffs.

• Develop pricing strategies that align with overall marketing objectives, brand positioning, and business goals.

• Partner with Product Marketing and commercial teams to develop and execute product launch plans, sales enablement tools, channel communications, and marketing resources that drive market adoption.

• Execute product lifecycle management (PLCM) strategies to support long-term business growth and product performance.

What you need

Required

• Bachelor’sdegree
• 4+ years of work experience
• Ability to be onsite at our Mahwah, NJ office 3x a week

Preferred

• MBA
• 1+ years medical device or marketing experience preferred

United States of America Pay Ranges:

• US20: $107,200 - $178,600 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.