Are you an experienced product management professional with a passion for the medical device industry? We are looking for a Senior Product Manager (Med Device) in Minneapolis, MN, to join a fast-growing company focused on delivering innovative medical products. In this role, you will be responsible for managing the entire product lifecycle, from ideation to launch, while collaborating cross-functionally to drive product success. This is a unique opportunity for a strategic thinker with a deep understanding of medical device development to make a significant impact on the business and improve patient care.
About This Role
As the Senior Product Manager (Med Device) in Minneapolis, MN, you will play a key role in shaping the future of medical device products. You will be responsible for overseeing product development, market analysis, and managing cross-functional teams to ensure timely delivery and market readiness. In this dynamic position, you will work closely with engineers, designers, marketers, and sales teams to create products that meet customer needs and exceed expectations. This is an exciting opportunity to join a company that values innovation and to contribute to advancing healthcare solutions through the development of cutting-edge medical devices.
Key Responsibilities – Senior Product Manager (Med Device) in Minneapolis, MN
Develop Product Roadmap and Strategy
- Define and communicate the product vision and strategy to internal teams and stakeholders.
- Create a product roadmap, setting clear milestones and deadlines for product development.
- Align product strategy with business objectives to maximize market impact and revenue growth.
Lead Product Lifecycle Management
- Manage the entire product lifecycle, from ideation to market launch.
- Monitor product performance post-launch and make improvements based on customer feedback and market needs.
- Work closely with the engineering and design teams to ensure that product specifications are met throughout the development phase.
Conduct Market and Competitive Analysis
- Perform detailed market research to understand customer needs and competitive trends.
- Analyze competitor products to identify market gaps and opportunities for differentiation.
- Use customer insights and data to refine product offerings and ensure they meet market demands.
Coordinate Cross-Functional Teams
- Work closely with cross-functional teams, including engineering, marketing, sales, and regulatory affairs, to drive product success.
- Facilitate regular communication between teams to ensure alignment on product goals and timelines.
- Serve as the point of contact for all product-related inquiries and escalations.
Ensure Regulatory Compliance
- Ensure all products comply with FDA, ISO, and other relevant regulatory standards.
- Collaborate with the regulatory team to ensure timely submissions for product approvals.
- Develop strategies for navigating regulatory hurdles to accelerate time to market.
Oversee Product Marketing and Launch Plans
- Collaborate with marketing teams to develop go-to-market strategies and product positioning.
- Oversee product launch plans, ensuring proper messaging, training, and support for internal teams.
- Measure the effectiveness of product marketing and adjust strategies as needed.
Manage Stakeholder Relationships
- Build strong relationships with key internal and external stakeholders, including healthcare professionals, customers, and suppliers.
- Provide updates to senior leadership on product development progress and key performance indicators (KPIs).
- Incorporate feedback from stakeholders into the product development process to ensure satisfaction and alignment.
Drive Product Innovation and Improvements
- Continuously seek opportunities to innovate and improve products based on market trends and customer feedback.
- Conduct product testing and work with R&D teams to ensure new features and improvements are feasible.
- Advocate for new product features or enhancements that will drive business growth and customer satisfaction.
What The Client is Looking For in You
The ideal candidate for the Senior Product Manager (Med Device) in Minneapolis, MN role should possess a combination of product management expertise and a deep understanding of the medical device industry. The client is looking for a professional who:
- Has Extensive Experience in Product Management: You should have 5+ years of experience in product management, ideally in the medical device or healthcare industry, and a proven ability to drive products from concept to market launch.
- Is Strategic and Data-Driven: A strong strategic thinker with excellent problem-solving skills and the ability to make data-driven decisions.
- Has Strong Cross-Functional Leadership Skills: Ability to lead and collaborate with multiple teams, including R&D, engineering, marketing, sales, and regulatory affairs.
- Is Knowledgeable About Medical Device Regulations: Experience with FDA regulations and ISO standards is crucial to ensure product compliance.
- Possesses Excellent Communication Skills: Strong verbal and written communication skills to articulate product vision, strategy, and updates to senior leadership and cross-functional teams.
- Is Customer-Centric: A deep understanding of customer needs, able to use customer insights to shape the product strategy.
- Has Project Management Expertise: A hands-on approach to managing projects, meeting deadlines, and achieving goals while maintaining attention to detail.
Why This Opportunity Stands Out
The Senior Product Manager (Med Device) in Minneapolis, MN position offers a unique opportunity for someone passionate about advancing healthcare solutions. Here’s why this role stands out:
- Impactful Role: You’ll have a direct impact on the product development and the future of innovative medical devices that can change patients’ lives.
- Career Growth: Join a growing company with ample opportunities for personal and professional growth, with a chance to work alongside experienced and innovative leaders in the medical device industry.
- Cutting-Edge Products: The company is focused on developing next-generation medical technologies that are at the forefront of the industry, allowing you to contribute to groundbreaking solutions.
- Collaborative Environment: Work with a talented team of professionals from diverse backgrounds, fostering creativity and the sharing of ideas to drive product innovation.
- Competitive Compensation and Benefits: A strong salary and benefits package, including health insurance, paid time off, and opportunities for career development, ensures your well-being and work-life balance.
FAQs About the Role
Q: What experience do I need to qualify for this role?
A: You should have at least 5+ years of experience in product management, preferably within the medical device or healthcare sector, with a proven track record of managing products from inception through to market launch.
Q: Is relocation required for this position?
A: Yes, the role is based in Minneapolis, MN. Candidates must be willing to relocate to the area or already be local.
Q: What is the expected level of interaction with cross-functional teams?
A: You will be closely collaborating with engineering, marketing, regulatory, and sales teams to ensure product development aligns with market needs and regulatory requirements.
Q: What kind of leadership style is expected for this role?
A: We are looking for a collaborative and strategic leader who can effectively manage cross-functional teams, drive decision-making, and maintain a focus on results.
Q: How does this role contribute to the company’s success?
A: As the Senior Product Manager (Med Device), you will play a critical role in driving product innovation, expanding the product portfolio, and ensuring the success of products in the market, directly impacting the company’s growth.
Q: What are the opportunities for growth in this role?
A: This role offers the opportunity to grow within the company, with potential to take on more leadership responsibilities, manage larger product lines, and influence the company’s long-term product strategy.
Q: What qualifications and skills are required for this role?
A: A bachelor’s degree in business, engineering, or a related field is required. A background in medical device product management, as well as knowledge of FDA regulations and ISO standards, is essential.
Q: What is the timeline for hiring and onboarding?
A: The company aims to fill this role in the next 30-45 days, with an expected onboarding process that includes product and team orientation, as well as integration with key departments for effective collaboration.
What Remuneration Can You Expect from This Job?
As the Senior Product Manager (Med Device) in Minneapolis, MN, you can expect a competitive compensation package that reflects your experience, skills, and contributions to the company’s success. The base salary for this position typically ranges from $120,000 to $150,000 per year, depending on your experience and qualifications. In addition to the base salary, the position offers a performance-based bonus structure that is tied to key product milestones, business objectives, and team performance, which can increase overall compensation.
You will also receive a comprehensive benefits package that includes health, dental, and vision insurance, as well as life insurance and long-term disability coverage. The company offers a 401(k) plan with company matching to help you save for retirement, along with paid time off (PTO) and paid holidays to ensure you maintain a healthy work-life balance.
For the right candidate, equity or stock options may also be available, giving you a stake in the company’s long-term growth. With the opportunity to grow within the organization and take on more responsibility, this position offers significant potential for career advancement and financial rewards as you contribute to the company’s success.
How to Apply for This Senior Product Manager (Med Device) Position in Minneapolis, MN
If you are a strategic and results-driven product management professional with a background in the medical device industry, we encourage you to apply for the Senior Product Manager (Med Device) in Minneapolis, MN. This is an excellent opportunity to lead the development of cutting-edge medical technologies and make a lasting impact on the healthcare industry.
To apply, please submit your resume and a cover letter detailing your experience in product management, including your experience in the medical device sector, your ability to lead cross-functional teams, and your accomplishments in driving product success.
This role offers a rewarding career path, competitive salary, and the chance to work on innovative products that shape the future of healthcare. Apply today to take the next step in your product management career!
For more information or to explore similar opportunities, visit our Medical Device Recruiters page.
Tags: Senior Product Manager | Medical Device Product Management | Healthcare Innovation | Minneapolis, MN Jobs | Product Development | Medical Technology
