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Biomedical Market Manager

Illinois Tool Works

Biomedical Market Manager

Illinois Tool Works

Norwood - 02062

·

On-site

·

Full-time

·

1w ago

Compensation

$130,000 - $150,000

Required Skills

Marketing

Product management

Sales

Market analysis

Technical knowledge

Leadership

Communication

Job Description:

The Biomedical Market Manager I is a key position within the Static Business at Instron (a division of ITW) required to drive growth within the medical device and pharmaceutical industries and ensures that the Instron has credibility and expertise within them. The position leverages first-hand understanding of customer testing needs, product and applications expertise, and in-depth market knowledge and insights to increase sales opportunities and expand Instron’s global reach. This position will work along all aspects of the buying cycle but primarily focus on early cycle, where market insights can provide Instron with a competitive advantage by being recognized as a thought leader in the industry.

The primary responsibilities of the Market Manager include developing and implementing marketing plans that increase market share and identifying innovative products and capabilities to support the market,. Responsibilities also include providing regular communication, support & training to the global sales and service organizations and collaborating with the Biomedical Product Manager to effectively drive the overall segment strategy. The Market Manager will contribute to the early phases of new product development by leading customer and market needs evaluations through targeted voice of the customer (VOC) activities.

Primary responsibilities:

Responsibilities include the following:

  • Analyzing the assigned market(s) to understand market share, business performance, trends and provide insights
  • Active participation in key industry standards committees (ASTM, ISO)
  • Ensuring the highest level of market knowledge within the business through coordination and centralization of applications information, marketing collateral, sales tools and training materials (to be delivered within the team and to sales)
  • Coordinate and execute on global lead generation and market development programs focused on increased penetration of key LFA products in the assigned market(s)
  • Maintaining a set of KPIs that provide a feedback loop for programs and strategies success or failure for continuous improvement
  • Explore customer and target market needs and challenges in search of new product development opportunities
  • Leverage primary marketing channels to support Instron as a thought leader in the industry
  • Role may include the pursuit of strategic partnerships or acquisition opportunities such as sales and technical collaborations, licensing arrangements, acquisition of products from third party companies, or the acquisition of third-party entities. The goal of these arrangements is to solidify Instron’s premium brand image while expanding the applications coverage within the market or fill key product gaps.
  • Leverage ITW Toolbox skills – 80/20, USa and PLS – in all aspects to maximize overall organizational effectiveness and efficiency.

Knowledge, Skills, & Abilities Required:

  • Must possess excellent communications, interpersonal, and leadership skills.
  • Must have in-depth knowledge of materials testing and applications, target markets and product portfolio. This knowledge level is usually acquired via a combination of completion of a Bachelor’s Degree in a related technical field and/or Engineering as well as approximately 1-3 years of marketing, product/market management and/or sales experience in a manufacturing company environment.
  • Advanced technical or business-related degree is considered an advantage.
  • Experience within the medical device or pharmaceutical industry and familiarity with GMP requirements
  • Must have a passion for technology and innovation.
  • Must have a good working understanding of selling and marketing in a B2B environment.

Working Conditions:

  • Daily interactions with a dynamic, enthusiastic, diverse and highly-motivated Marketing Team.
  • Traditional office environment with little or no exposure to adverse conditions and the benefit of highly flexible work-arrangement options.
  • Must have a desire to travel as required. Travel amounts will vary depending on product development opportunities and lead generation activities but could involve anything from day trips to 10-day international excursions. Expect on the order of 25 - 30% travel.

Compensation Information:

This position has a starting salary range of $130,000 to $150,000 per year. Pay is determined by several factors, including a candidate’s experience, relevant skills, and qualifications

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

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About Illinois Tool Works

Illinois Tool Works

ITW specializes in the fields of industrial machinery, engineering, operations, sales, marketing, finance, and accounting.

10,001+

Employees

Glenview

Headquarters

$25.8B

Valuation

Reviews

3.8

10 reviews

Work Life Balance

3.7

Compensation

3.7

Culture

3.9

Career

4.0

Management

3.6

77%

Recommend to a Friend

Pros

Opportunity for career growth

Interesting projects and challenges

Supportive team and management

Cons

Internal communication could improve

Career progression could be clearer

Some organizational bureaucracy

Salary Ranges

60 data points

Mid/L4

Mid/L4 · Program Manager

1 reports

$117,796

total / year

Base

$102,431

Stock

-

Bonus

-

$117,796

$117,796

Interview Experience

1 interviews

Difficulty

3.0

/ 5

Duration

14-28 weeks

Interview Process

1

Application Review

2

HR Screen

3

Hiring Manager Interview

4

Panel Interview

5

Offer

Common Questions

Culture Fit

Past Experience

Behavioral/STAR

Technical Knowledge