Product Marketing Manager

Abbott; Chicago (IL); On-site; USD 99,000 - 199,000; Full time

Benefits offered by this job

HIP PPO health coverage

Retirement plan with employer contrib.

Tuition reimbursement

Job summary

Abbott is seeking a Product Marketing Manager for Sexual Health in its Molecular Diagnostics division, based in Lake Forest, IL. You will drive global marketing strategy for a suite of products, maintain market expertise, and support product development with financial and customer insights.

You will work with cross-functional teams, influence multiple departments, and manage several initiatives to meet business goals while adhering to regulatory requirements.

Qualifications

• Bachelor's Degree in Business Administration or marketing or equivalent
• Strong financial and market analysis skills
• Experience launching products and working with regulatory requirements

Responsibilities

• Maintain worldwide market expertise for products and franchises and track competitor strategies
• Develop and update annual marketing plans including market analysis and segmentation
• Create strategies for new product commercialization and share capture
• Support new product development including customer requirements and financial analysis
• Collaborate with global peers and regional teams to align direction
• Coordinate with Headquarters and Regions to execute plans

Skills

Financial analysis

Market analysis

Product launches

Analytical skills

Regulatory understanding

Cross-functional influence

multitask management

Education

Bachelor's Degree in Business or Marketing

Tools

CRM

Job description

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 122,000 colleagues serve people in more than 160 countries.

JOB DESCRIPTION: Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You'll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with a high employer contribution.
• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor's degree.
• A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our office in Lake Forest, IL location in the Abbott Molecular, Diagnostics Division. We're empowering smarter medical and economic decision-making to help transform the way people manage their health at all stages of life. Every day, more than 10 million tests are run on Abbott's diagnostics instruments, providing lab results for millions of people.

As the Product Marketing Manager, Sexual Health, you will be working on highly visible projects within the molecular diagnostics business unit and will be responsible for driving execution of the global product marketing strategy for a suite of products. The Product Marketing Manager shall maintain worldwide product expertise for products/franchises, including market sizes/trend share, customer needs and targeting, product performance/benefits/weaknesses/positioning.

The person hired in this role will also provide ongoing support of new product development including customer requirements definition, product concept validation, financial analysis, and securing Business Unit alignment.

What You’ll Work On

Maintain worldwide market expertise for products and franchises, including in-depth knowledge of competitor products and strategies, market trends and dynamics, market/franchise critical success factors, and customer needs.

Develop and update annual marketing plans/strategies including market analysis, customer segmentation and targeting, product positioning, competitive assessments, and SWOT or other situation assessments.

Create and develop strategies for new product commercialization and driving share capture for existing products.

Assess new markets and opportunities in support of BD and R&D. Downstream product strategies may include supporting sales training, marketing campaigns, digital and paid media, CRM, KOL management.

Partner with global peers and in-market experts to build the brand to achieve business goals.

Ensure alignment of cross-functions at Headquarters and Regions to insight direction.

Liaison effectively with global stakeholders, both at Headquarters and in the Regions, in a matrix organizational design to bring plans to fruition.

As for every leadership position, this individual is Responsible for compliance with applicable corporate and divisional policies and procedures.

Required Qualifications

• Bachelor's Degree (± 16 years) in Business Administration or marketing with an equivalent combination of education and work experience.
• At least 3 years of substantial financial skills, market analysis and advanced communication skills.
• At least 2 years of knowledge/ability to develop and execute a product launch.
• At least 3 years of strong analytical skills as well as written and oral communication skills.
• At least 2 years of experience being able to understand technical and scientific information.
• At least 3 years of understanding and complying with Regulatory requirements.
• Must be able to influence and motivate individuals from sales, marketing, and other functional areas to drive product sales.
• Must be able to complete multiple projects simultaneously with tight deadlines.

Preferred Qualifications

• MBA strongly preferred.
• 3+ Years in product management or brand marketing (upstream and/or downstream) with preferably 2 years in global marketing or area marketing.
• Experience working in health care/med device organizations.
• Previous experience in product commercialization, marketing campaign development, customer segmentation Development of agency briefs, agency management.
• Excellent presentation skills and comfortable with presenting to Sr. Leadership.
• Sales experience.

The base pay for this position is $99,300.00 - $198,700.00. In specific locations, the pay range may vary from the range posted.

JOB FAMILY: Product Management

DIVISION: AMD Molecular

LOCATION: United States > Lake Forest : J55

ADDITIONAL LOCATIONS:

WORK SHIFT: Standard

TRAVEL: Yes, 10 % of the Time

MEDICAL SURVEILLANCE: Not Applicable

SIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday).

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans. EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential - because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions - across the spectrum of health, around the world, for all stages of life. Whether its next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health.

The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of life's greatest health challenges.

We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings.