Associate Product Manager

Company: Abbott Laboratories
Location: Santa Clara
Posted on: October 4, 2024

Job Description:

Associate Product ManagerLocations: United States - California - Santa ClaraTime Type: Full timePosted on: Posted 3 Days AgoJob Requisition ID: 31098444JOB DESCRIPTION:Working at AbbottAt 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.
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with 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 around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.The OpportunityThis position works out of our Santa Clara, CA location in the Structural Heart division. Our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease.The Associate Product Manager will report to the Director of US Marketing Structural Heart and will have primary marketing and budget responsibility for designated products.In this core Marketing role, the Associate PM will drive and be held accountable to deliver Sales, Margin, and PEx goals for designated products.The Associate Product Manager will be expected to be responsive and able to directly address questions and requests of senior management including the SH DVP.What You'll Work On
  • Collect, compile, verify, and analyze financial information and economic indicators for strategic and operational decisions.
  • Analyze the financial implications of proposed investments or other transactions.
  • Evaluate industry, economic, financial, and market trends to forecast the organization's financial and competitive position.
  • Data analyzed may include revenues, expenses, costs, prices, investments, cash flow, profits, labor market trends, inflation, interest rates, and exchange rates.Main Responsibilities
    • Maintain worldwide market expertise for MitraClip and relative Structural Heart technologies.
    • Develop and create best in market product messaging.
    • Develop strategies to address product performance issues.
    • Support and learn how to develop and update annual marketing plans/strategies.
    • Support and learn from PM team to create US specific strategies for new product launches.
    • Support launch readiness by developing product inventory timing and marketing programs.
    • Take a support role on project teams to drive accountability and team achievement of goals.
    • Support the management of creative agencies to develop new US materials.
    • Partner with regulatory colleagues to ensure competitiveness, accuracy, and compliance.
    • Develop and update US forecasts and justification for respective product lines.
    • Work with clinical team to develop strategic publication initiatives within the US.Required Qualifications
      • Education: B.S. in Marketing, Business or Science.
      • Substantial financial skills, market analysis, and advanced communication skills are required.
      • Self-starter, proactive, interested in breaking the status quo, and innately curious.
      • Strong storytelling skills to captivate and influence audiences.
      • Knowledge/ability to develop and execute a new product launch.
      • Strong analytical skills as well as written and oral communication skills.
      • Must be able to understand technical and scientific information.
      • Must be willing to comply with Regulatory requirements.
      • Must be able to influence and motivate individuals from various functional areas.
      • Ability to complete multiple projects simultaneously with tight deadlines.
      • Travel required 20-30% of the time.Apply Now* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan.Learn more about our health and wellness benefits: www.abbottbenefits.comFollow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.The base pay for this position is: $83,600.00 - $167,200.00In specific locations, the pay range may vary from the range posted.JOB FAMILY:Financial Planning and AnalysisDIVISION:SH Structural HeartLOCATION:United States > Santa Clara: Building A - SCWORK SHIFT:StandardTRAVEL:Yes, 20% of the TimeMEDICAL SURVEILLANCE:NoSIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods, Keyboard use (greater or equal to 50% of the workday)Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.About UsAbbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential. 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.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.We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.
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