
Product Manager
OWP Pharmaceuticals
full-time
Posted on:
Location Type: Hybrid
Location: Chicago • Illinois • United 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