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Sr. Life Science Product Manager

Description

About the Company

As a life science company and a leading supplier to global research markets, we offer a comprehensive product portfolio along with outstanding hands-on customer service to ensure every laboratory has the tools and support they need. Our markets include pharmaceutical and biotechnology businesses, research institutions, hospitals, reference labs, and more.


Be part of making a difference

At Genesee, we believe we can help improve our communities and transform the world through science. Our shared desire to make a difference is what drives and inspires us. We are a fast-growing, dynamic team that listens to each other and embraces collaboration. We foster an open, friendly work environment and show up for one another every day.


Role: Sr. Life Science Product Manager

Reports to: Product Management Director

FLSA: Exempt

Location: Remote


Why is this role important at Genesee Scientific?

The Sr. Life Science Product Manager will champion the growth of portfolios, driving revenue, margin, and customer satisfaction goals. This role includes introducing new products and capabilities, collaborating cross-functionally with Marketing and Sales to implement effective go-to-market strategies, and overseeing all product management responsibilities for a growing portfolio. Key responsibilities include building and maintaining strategic relationships with customers, suppliers, commercial teams, and industry leaders, as well as ensuring project completion in partnership with operations and customer service teams.

What will you do:

  • Global Sourcing - drives revenue growth through strategic portfolio expansion to both find new products and resource current products to enhance our competitive position
  • Negotiates private label and contract agreements with exclusive rights, to expand unique, proprietary, and private label products for the business
  • Monitors and analyze sales, gross profits, and other metrics for the product lines making any necessary adjustments in the product line plans to meet goals and objectives
  • Develops and implements appropriate and effective pricing strategies by channel to maximize the end-to-end margin
  • Define product lifecycle, positioning, pricing, go-to-market, and new product strategies based on a deep understanding of market trends, market segmentation, customer needs, technologies, competitor products and business unit goals
  • Collect voice of customer (VOC) information and maintain relationships with key external and internal customers to inform new product introduction and go-to-market strategies
  • Work cross-functionally to ensure that revenue, margin, customer satisfaction, and growth goals are achieved
  • Manage operational processes for new product introductions and product lifecycle management, including product setup, data management, cross-functional coordination, and phase-in/phase-out planning to ensure seamless market availability and alignment with business objectives
  • Forecast sales and prepare budgets to guide operations planning and build financial models for new product introductions and initiatives
  • Train the go to market teams on our product features and benefits as needed and provide ongoing support for customers
  • Collaborate with customers and internal teams to identify needs and develop innovative solutions.
  • Support the creation of user documentation and sales tools, ensuring clear communication of product benefits
  • Develop go-to-market strategies and assist sales and marketing teams in creating compelling messaging
  • Monitor competitor activities and market trends, identifying opportunities for product differentiation
  • Conduct market research and analyze trends to inform product development and

Requirements


What will you bring:

  • Bachelor’s Degree in Life Sciences, Business, or related field, advance degree a plus
  • 8+ years of product management experience, preferably in life sciences or related fields
  • Proven ability to translate customer needs into product requirements and guide development
  • Contract negotiations with detailed and complex terms in such areas as pricing, delivery, support, and services
  • Experience developing strategies with Sales and Marketing to drive market share growth
  • Develops and implements appropriate and effective pricing strategies by channel to maximize the end-to-end margin
  • Monitors and analyzes sales, gross profits, and other metrics for the product lines making any necessary adjustments in the product line plans to meet goals and objectives
  • Excellent communication and interpersonal skills
  • Proficient in Microsoft Office Suite applications, including Teams, strong Excel skills, experience with other business management software is a plus
    Thrives in a fast-paced, collaborative environment. Works efficiently within deadlines
  • Willingness to travel up to 25%

Physical Requirements:

  • Perform the following tasks, with or without reasonable accommodation:
  • Primarily sedentary work on a computer in a climate-controlled office environment
  • Regularly sit for extended periods, with occasional standing, walking, and lifting of up to 10 pounds

At Genesee Scientific, you can have a good job that can grow into a great career. We offer:

  • Training and professional growth initiatives, including comprehensive onboarding programs for new team members
  • We provide financial well-being with competitive compensation packages and 401 (k) retirement savings plans
  • Health care and well-being programs including medical, dental, vision, life, short- and long-term disability and employee assistance programs
  • Paid time off including vacation, sick and 12 holidays

Employment offers are subject to successful completion of a background check and pre-employment drug test.


Genesee Scientific is proud to be an Equal Employment Opportunity employer. We do not discriminate in hiring on the

basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law.

What You Should Know About Sr. Life Science Product Manager, Genesee Scientific

At Genesee Scientific, we're seeking a passionate Sr. Life Science Product Manager to join our dynamic team in Raleigh, North Carolina. As a leading supplier in the life sciences industry, we pride ourselves on delivering exceptional customer service and a comprehensive product portfolio to help global research markets thrive. In this pivotal role, you will be the driving force behind our product strategies, collaborating closely with Marketing and Sales to roll out innovative go-to-market techniques. You'll build and nurture relationships not just with our customers, but also with suppliers and internal teams to enhance our product offerings. With over 8 years of product management experience under your belt, you'll take charge of global sourcing, negotiate exclusive agreements, and monitor sales metrics to ensure our product lines meet their goals. Your expertise in developing effective pricing strategies will be vital as you forecast sales and manage the lifecycle of our products. If you're ready to embrace this fast-paced role that offers the chance to make a genuine impact in the life sciences field, then Genesee Scientific is the perfect place for you to grow your career and make a difference.

Frequently Asked Questions (FAQs) for Sr. Life Science Product Manager Role at Genesee Scientific
What are the main responsibilities of a Sr. Life Science Product Manager at Genesee Scientific?

The Sr. Life Science Product Manager at Genesee Scientific is responsible for driving the growth of product portfolios, managing global sourcing, negotiating contracts, collaborating cross-functionally with marketing and sales teams, and ensuring that products meet established revenue and satisfaction goals. This role also involves monitoring sales metrics, developing pricing strategies, and facilitating project completions.

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What qualifications are needed to become a Sr. Life Science Product Manager at Genesee Scientific?

To qualify as a Sr. Life Science Product Manager at Genesee Scientific, candidates should possess a Bachelor's degree in Life Sciences or Business, with an advanced degree being a plus. Additionally, having over 8 years of product management experience in the life sciences field, strong communication skills, and a proven ability to negotiate complex contracts is crucial.

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How does the Sr. Life Science Product Manager contribute to product development at Genesee Scientific?

The Sr. Life Science Product Manager contributes to product development by collecting voice-of-customer data, analyzing market trends, and defining product strategies based on customer needs. This role ensures that new products are aligned with market demands and business goals, making data-driven decisions that enhance product differentiation.

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What skills are essential for a successful Sr. Life Science Product Manager at Genesee Scientific?

Key skills for a successful Sr. Life Science Product Manager at Genesee Scientific include strong analytical abilities, excellent communication, and interpersonal skills. Proficiency in Microsoft Office Suite applications, particularly Excel, and experience in developing market strategies are also important. The ability to thrive in a fast-paced environment and efficiently meet deadlines is essential.

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What is the work environment like for a Sr. Life Science Product Manager at Genesee Scientific?

The work environment for a Sr. Life Science Product Manager at Genesee Scientific is collaborative and open, fostering teamwork and support among colleagues. The position is primarily remote, allowing flexibility, while still requiring occasional travel and in-person collaboration with internal and external stakeholders.

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Common Interview Questions for Sr. Life Science Product Manager
Can you describe your experience with product lifecycle management in the life sciences sector?

When answering this question, highlight specific examples of how you've managed product lifecycles, focusing on your ability to monitor product metrics, phase-in/phase-out strategies, and collaboration with cross-functional teams to achieve business objectives.

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How do you approach contract negotiations for product agreements?

Share your strategies for successful negotiations, including how you ensure clarity in complex terms and how you advocate for terms that benefit both parties. Mention any tools or frameworks you use to guide the process effectively.

Join Rise to see the full answer
What methods do you use to gather voice of customer feedback?

Discuss your experience with various techniques for collecting customer feedback, such as surveys, interviews, and direct observations. Emphasize how you utilize this information in developing new products and refining existing offerings.

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Describe a successful product launch you have led.

Provide a detailed account of a product launch, outlining your role in planning, strategy development, execution, and the ultimate outcomes. Focus on metrics that showcase the success of the launch.

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How do you prioritize product features and requirements?

Explain your prioritization process, including any frameworks or tools you use. Highlight how you balance customer needs, market trends, and business objectives to effectively prioritize product features.

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In your opinion, what are the key trends affecting the life sciences industry right now?

Discuss current industry trends such as advancements in biotechnology, regulatory changes, or innovations in laboratory technology. Linking these trends to how they can impact product strategy demonstrates your industry knowledge.

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How do you ensure alignment between product management and the sales team?

Talk about your experience collaborating with the sales team, emphasizing communication, joint strategy sessions, and training initiatives that ensure everyone is on board with product features and benefits.

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What challenges have you faced in product management, and how did you overcome them?

Reflect on specific challenges such as market entry barriers or software integration issues, describe how you approached these problems, and outline how your actions led to successful resolutions.

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How do you adapt your product strategies based on competitor analysis?

Explain how you conduct competitor analysis and integrate findings into your product strategies. Highlight specific adjustments you've made based on market insights to maintain or improve your competitive position.

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What role does pricing play in your product management strategy?

Discuss how you develop pricing strategies, considering factors such as product cost, market demand, and value proposition. Provide examples of how your pricing decisions have positively impacted revenue and market share.

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Genesee Scientific Corporation is a manufacturer and distributor of products to global life science research markets. With thousands of products available, it markets include pharmaceutical and biotechnology companies, colleges, universities, and ...

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Full-time, remote
DATE POSTED
March 29, 2025

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