L'Oréal is a global leader in beauty and cosmetics, and they are seeking a Director of Product Development for their IT Cosmetics Make-up category. This role involves managing product development and innovation from concept to production, collaborating with various internal and external teams to ensure quality and timely delivery of new products.
Responsibilities:
- Build and propose category innovation strategy, preparing new product concepts, and brainstorming technology and ingredient stories
- Identify white spaces in the market that address the needs of our consumer
- Build product ideas from scratch informed by the needs of the business/consumer insights and trend, working with our internals labs and key suppliers to execute
- Scout formulas and pack solutions from trade shows, supplier meetings, internal showcases, etc, that can be leveraged as strategic adds to the launch plan
- Propose strategic shade selections that align with product concept, brand equity, and global needs while ensuring inclusivity and relevance
- Build and maintain strong relationships with key external suppliers and industry partners, sharing needs of the business and developing strategic ways of working
- Foster strong relationships and maintain excellent communication with key internal stakeholders including R&I, development, sourcing, marketing, packaging, GBD, and more
- Strategize on positioning, concepts and claims in partnership with marketing for all launches, bringing the POV of a formula expert and ensuring that all communication aligns to the true performance and benefits of the products
- Own the briefing process to suppliers and internal labs for all new launches, ensuring alignment on the goals of the project and key success criteria
- Evaluate, test, and clearly communicate feedback on all formulas submitted for new launches and reformulations
- Continually assess key decisions needed and key information sharing and propose topics for weekly TBs with upper management
- Assist in the development of product packaging, copy and launch materials, collaborating with Creative, Marketing, and Development
- Collaborate with education and US team on go to market communications, tips and tricks, backstories on products, etc
- Prepare formula information for marketing books for each new launch to be distributed internally and globally
- Present innovations to management, retailers, etc
- Monitor all key deadlines for new launches and reformulations, elevate risks to timing, quality, claims, etc
- Maintain an organized library of all formula and pack samples, approved standards, color/texture benchmarks, etc
- Stay up to date on latest launches, maintain a pulse on the evolving needs of the consumer
- Work with R&I, claims, and valorization teams to plan all testing needs including consumer perception tests, concept/product validation tests, clinical tests, etc
- Monitor ratings and reviews of new and core launches to propose optimizations as needed
- Maintain relevant information of new competitive entries, ingredients and associated claims’ benefits – as well as new industrial/technical processing capabilities
Requirements:
- Bachelor's degree
- 6+ years relevant experience in cosmetic product development
- Entrepreneurial and collaborative energy, willing to think outside the box and propose improvements to projects, ways of working, etc
- Strong understanding of key beauty markets (US, EU, Asia)
- Strong understanding of skincare ingredients and the skin concerns of the 40+ consumer
- Strong understanding of beauty trends
- Strong cross functional skills
- Exceptional oral, written, and interpersonal communication skills
- Leading with creativity and passion for the consumer while also possessing strong organizational and analytical skills
- Ability to multitask in a fast-paced environment, work under pressure, meet fluctuating deadlines, and remain flexible to project scope changes
- Action oriented: Proactive, resourceful, and agile. Excellent creative problem solver
- Must have strong understanding of cosmetic industry, formulation, and ingredients. Able to provide detailed written and verbal directions to chemist on texture, color and performance
- Business mined- conscience of cost constraints and market/retailer needs while remaining vigilant about protecting product quality and brand values
- Strong PowerPoint/AI image creation skills
- Exceptional presentation skills, ability to deliver a clear and concise message
- Ability to travel domestic and international for projects, meetings, and trade shows