What are the responsibilities and job description for the Product Manager (Pharmaceutical manufacturing) position at HTI?
HTI is assisting a large pharmaceutical manufacturing company in the Parsippany, NJ area with their search for an experienced Product Manager. This is a full-time, direct hire, hybrid position with the ability to work remotely 2 days per week, with three days per week in the office. The salary range is $100,000 - $140,000 / year, depending on experience and education.
This company offers a fun, collaborative work environment, fantastic benefits, and opportunities for growth! Relocation assistance is available for qualified candidates located in the continental U.S.
Requirements:
- Bachelor’s degree in Business, Finance, Supply Chain or a similar major. Master’s degree or MBA is a plus.
- 7 or more years of recent experience in a Product Management role within the pharmaceutical manufacturing industry with responsibility for the job duties listed below.
- Strong background in product launch planning, commercial and competitive analysis, statistical software, and forecasting techniques.
- Experience utilizing pharma industry databases, including IQVIA, ProspectoRx, First Databank, and FDA Orange Book.
- Knowledge of FDA regulatory requirements.
- Advanced Excel and PowerPoint skills; ERP system experience (Oracle, SAP or similar)
- Must be currently located in the Parsippany, NJ area or be able to relocate.
- Must be authorized to work in the U.S. without visa sponsorship, both now and in the future.
Job Summary:
Provide product management, modeling and commercial analysis to support product development and life cycle management. This role will manage product forecasting, competitive analytics, reporting, and product launch coordination. This team member’s strategic forecasting and planning skills will be instrumental in optimizing inventory levels, minimizing costs, and supporting the company’s overall strategic goals.
Job duties include:
- Conduct product forecasting/modeling for all commercial products, which supports business case development, demand planning, manufacturing readiness, and financial budgeting.
- Provide commercial business insights and reporting to support growth and commercial execution, including competitive and market share analysis, business and competitive intelligence reporting, product performance and ad hoc.
- Support and coordinate the execution of new product launch plans.
- Support business development modeling and modeling for new product targets.
- Responsible for performing commercial analytics, insight generation and competitive analysis.
- Contribute to financial quarterly planning cycle, including owning commercial re-forecasting models and supporting portfolio sales economics.
- Provide overall analysis of company revenue and provide support for the finance and leadership teams in understanding portfolio changes, including those driven by the outside commercial team (BD, R&D, etc.).
- Support the development of marketing materials for existing and new product launches, including sell sheets, product catalog, PR, advertising, podium, white papers, etc.
- Support commercial and market assessments to drive execution of new product launches and achieve product targets.
- Support the management and reporting of pipeline postmortem and launch success tracking.
- Coordinate with the finance team to deliver ad hoc analysis.
- Utilize statistical models, market analysis, and historical data to forecast demand for pharmaceutical products (new and existing) across different regions and markets.
- Monitor forecast accuracy and key performance indicators (KPIs) to continuously improve forecasting models and processes.
Benefits include:
- Medical, dental and vision coverage
- 401K with company match
- Progressive PTO plan
- Hybrid work schedule
Salary : $100,000 - $140,000