Director, Product Management - Cardiovascular, Metabolic, Endocrinology & Wellness Clinical Franchise

Quest Diagnostics is a leading provider in the healthcare sector, and they are seeking a Director of Product Management for their Cardiovascular segment. This role involves establishing a vision and growth strategy, leading cross-functional teams, and managing product life cycles to drive profitable growth.

Responsibilities:

• Establish vision and profitable growth strategy (organic and acquired) for Clinical Franchise segment
• Lead cross functional teams to identify, develop and implement product/solutions addressing unmet customer needs that will drive profitable growth
• Develop Annual Operating Plan (AOP) in concert with Value Delivery partners
• Execute effective life-cycle management across the segment through robust cross-functional team management
• Work with Value Delivery partners to achieve agreed revenue, volume and margin targets in AOP
• Rigorously assess new products/solutions to enable prioritization within R&D, IT and Operations
• Manage, track and understand performance metrics including:
• Revenue - test volume, reimbursement
• Profitability – cost of testing, other relevant costs, investments
• Conduct market, competitive, and customer research to gain insights, identify needs, market trends, and gaps in Quest’s product offering
• Partner with Marketing organization on product/solution marketing strategy
• Generate customer insights to define customer/market segment requirements to set product/portfolio solution, priority setting, risk management
• Define requirements for partnerships, alliances, ventures for assigned segment and evaluate/manage the relationships
• Develop and drive strategic direction for Specialty Sales Team
• Assure the voice of customer is brought into the in-line and product/solution creation process
• Understand continuum of care requirements and gaps to drive market needs
• Lead a team of 2 (a Product Manager and Product Specialist)
• Achieve revenue, volume and margin targets in AOP
• Successful and timely cross-functional development and market introduction of new / improved offerings (test, reporting, service)
• Development of 3-year Strategic Plan
• Development of AOP
• Manage discretionary spend

Requirements:

• 7+ years' relevant experience in healthcare with at least 3 years in marketing & product management
• Talent assessment, selection, development, employee retention, employee engagement
• Executive presence, composure, KOL relationships
• Leading change, change management, flexibility
• Negotiations skills
• Solid business acumen
• Collaboration
• Ability to work in matrix organization
• Ability to influence others
• Requires bachelor's degree in life sciences, business, marketing and/or product management
• Up to 25% business travel required
• Excellent project leadership skills to ensure execution
• Previous P&L management experience preferred
• Advance degree/MBA preferred