OWP Pharmaceuticals

Product Manager

OWP Pharmaceuticals

full-time

Posted on:

Location Type: Hybrid

Location: ChicagoIllinoisUnited States

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Salary

💰 $75,000 - $95,000 per year

Tech Stack

About the role

  • Develops and maintains an understanding of assigned product portfolio, including current and future market trends, landscape, customer mix and competitors.
  • Supports all short-term planning through commercial forecasts and budget activities.
  • Develops recommendations and brings forward key decisions needed from Senior Management in support of short and long-term financial goals for our product portfolio.
  • Actively works with Finance and Pricing teams to track financial performance and identify and recommend strategies to amplify successes and mitigate gaps.
  • Provides pricing recommendations to help maximize product sales and gross profits.
  • Identifies opportunities for increasing market share by assessing competitive landscape and patient needs.
  • Assists with completion of product and supply chain information for RFIs, RFPs, and bid documents, as well as corporate strategy documents.
  • Responsible for accurate forecasting and tactical execution of plans to mitigate financial risks for the category, including but not limited to, allocation/trade-off analyses, discussions, decisions and short-dated product risks.
  • Go-to person for national accounts, sales, trade relations and contract marketing for product attribute information, product availability, sales collaterals, RFI completion and other internal data sources.
  • Works with manufacturing, supply chain, and customer service to ensure accurate and timely sales forecasting for new and existing products, including performing a monthly analysis versus marketing forecast to manage variances and participate in pre-S&OP process.
  • Partners with Sr. Director Product Management to provide support and development of analysis and presentations to senior management for creation and reporting of short- and long-term financial plans.

Requirements

  • Experience with supporting sales channels
  • Ability to build positive working relationships
  • High level of business acumen, analysis and judgement
  • Solid understanding of sales, marketing or product management, preferably in the healthcare industry
  • Strong analytical & presentation skills, proficiency in Excel, business intelligence (BI) tools and attention to detail
  • Ability to work independently and make key decisions
  • Excellent planning, organization and time management skills, including the ability to support and prioritize multiple projects
  • Generic pharmaceutical Industry knowledge preferred
  • Bachelor’s degree in business or BS/MS in life sciences preferred, with experience in sales, marketing, or product management, or equivalent skills and experience required.
  • A minimum of 2 years of experience in the pharmaceutical industry
Benefits
  • Competitive pay and medical, dental, and vision insurance
  • Flexible spending accounts
  • Long- and short-term disability insurance, as well as life insurance
  • 401(k) plan with employer contribution
  • Competitive PTO and company-paid holidays
  • Paid parental leave (maternity & paternity)
  • Onsite gym
  • Hybrid work schedule
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
financial forecastingbudget managementmarket analysispricing strategysales forecastingtactical executionallocation analysistrade-off analysisRFI completionpresentation development
Soft Skills
relationship buildingbusiness acumenanalytical skillsattention to detailindependent decision makingplanning skillsorganizational skillstime managementcommunication skillscollaboration