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Head of New Product

Job Title: Head of New Product Innovation

Salary: £65,000 - £70,000 per annum

Hours per week: 35

Location: This role can be worked 2 days a week from our Head Office in Leicester with the rest of the week worked from home, or candidate's can work remotely.

The successful applicant must have the pre-existing right to both live, and to work in the UK.

Closing date: 05 March 2025

About the role

This exciting new role will be leading on the development of new products and services that are designed to deliver a commercial return to help support our ambitious growth plans as part of our current strategy. This role will play a key part in growing IOSH’s commercial income stream by identifying and developing new products and services to help meet our ambitions.

You will be commissioning market research to gain detailed insights into customer and channel needs, driving product planning and development activities, ensuring that all propositions are executed to scope, on schedule and to budget. This role will lead in the development and delivery of product solutions both long and short term, making sure they are delivered to agreed strategic, financial and non-financial performance indicators and business cased for internal approval appropriately.

What you'll bring

To thrive in this role, you will be experienced in working in a full lifecycle category/product management environment, with a proven track record of driving income, profitability, and value. You will be adept at forecasting and managing budgets, enabling you to develop new products and services from scratch, including detailed costings and business casing. Strong relationship-building skills are essential, as you'll be working with both internal and external stakeholders to influence and gain buy-in for strategic initiatives. Your ability to negotiate effectively and foster win-win outcomes will be key, as will your skill in generating commitment and enthusiasm to meet ambitious goals and objectives.

Essential criteria

  • Knowledge of developing robust business cases based on clear ROI and customer insight.
  • Digitally and technologically savvy
  • Extensive demonstrable experience of developing products and services from scratch, including in-depth costings and business casing.
  • Build and develop collaborative relationships through developing networks, building rapport and maintaining relationships.
  • Financial acumen
  • Experience of both commissioning and undertaking market research
  • Project management to include coordination and completion of projects on time within budget and within scope, through identifying and meeting key milestones to achieve identified outcomes.

What's in it for you?

We support our colleagues to bring their best selves to work, so they can deliver exceptional outcomes. We do this by offering a comprehensive benefits package, including:

  • Hybrid working and flexibility to ensure a positive work-life balance
  • 25 days annual leave (plus bank holidays) increasing with length of service, with the option to buy more
  • Private medical insurance and healthcare cash plan covered by IOSH
  • Salary sacrifice pension scheme, minimum of 3% employee contribution whilst IOSH contribute 5%
  • Individual performance related pay scheme
  • Up to five paid volunteering days per year
  • Employee Assistance Programme to support you and your dependent's wellbeing

About us

The Institution of Occupational Safety and Health (IOSH) is the world’s Chartered body for safety and health professionals.

We understand that diversity of thought, culture, perspective, and background is essential to our vision. We believe in creating a personal environment where everyone is treated as they wish to be treated. At IOSH, you can be yourself, no matter who you are.

We are proud to be a disability confident employer, and guarantee to interview all disabled applicants who meet the minimum essential criteria for the vacancy*.

Find out more about how we advocate for, and support health and safety professionals worldwide to create a safer and healthier world of work by visiting www.iosh.com.

How to apply
To apply, you'll need an up to date CV and some additional time to complete the application questions so we can find out more about you and your experience. Just click on the apply button below.

If you want to find out more about IOSH please visit our website. If you have any queries about the role or require any reasonable adjustments to support you with the recruitment process please reach out to people@iosh.com.

We reserve the right to close this vacancy early if we receive sufficient applications for the role. Therefore, if you are interested, please submit your application as early as possible to avoid disappointment.

* There may be a few exceptions where we are not able to take all eligible candidates to the next stage due to the volume of applications.

 

Average salary estimate

$67500 / YEARLY (est.)
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$65000K
$70000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Head of New Product, IOSH

Are you ready to take the lead in shaping the future of product innovation? As the Head of New Product at IOSH, you'll be at the forefront of crafting exciting new products and services that not only support our ambitious growth plans but also deliver real commercial returns. Imagine harnessing your experience in full lifecycle product management to drive the development of offerings that meet the diverse needs of our customers. You'll dive deep into market research, ensuring we always stay ahead of the game and execute our strategies on time and budget. Your role is all about collaboration; building strong relationships with both internal teams and external stakeholders will be pivotal in influencing buy-in for your innovative proposals. With a keen eye for financials, you'll create robust business cases based on clear ROI and customer insights, all while fostering an environment that encourages creativity and enthusiasm across the team. IOSH is not just about work; we believe in a healthy work-life balance with our hybrid working approach, giving you flexibility to thrive both in and out of the workplace. If you're passionate about making a real difference and have the drive to develop outstanding products from the ground up, then we want you to join our team and help create a safer and healthier world of work.

Frequently Asked Questions (FAQs) for Head of New Product Role at IOSH
What are the key responsibilities of the Head of New Product at IOSH?

The Head of New Product at IOSH is responsible for leading the development of new products and services that align with the organization's goals. This includes commissioning market research, driving product planning, developing business cases, and ensuring the delivery of proposed solutions within agreed performance indicators.

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What qualifications are required for the Head of New Product role at IOSH?

Candidates seeking the Head of New Product position at IOSH should demonstrate extensive experience in full lifecycle product management, including developing products from scratch. Essential qualifications include strong financial acumen, skills in project management, and the ability to engage and influence stakeholders.

Join Rise to see the full answer
What is the expected salary range for the Head of New Product at IOSH?

The salary for the Head of New Product at IOSH ranges from £65,000 to £70,000 per annum, reflecting the strategic importance of this role in driving revenue growth through innovative products and services.

Join Rise to see the full answer
How does IOSH support work-life balance for the Head of New Product position?

IOSH promotes a healthy work-life balance for its employees, including the Head of New Product, by offering hybrid working options, allowing for flexibility with remote work, and providing generous annual leave and additional benefits.

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What type of candidates is IOSH looking for in the Head of New Product role?

IOSH seeks candidates for the Head of New Product role who can showcase a proven track record of driving profitability and value through innovative product development, coupled with strong relationship-building skills and a passion for creating impactful products that resonate with customer needs.

Join Rise to see the full answer
Common Interview Questions for Head of New Product
Can you describe your experience with developing products from scratch in your previous roles?

When answering this question, highlight specific projects where you took the lead on product development. Discuss your approach to market research, how you identified customer needs, and detail the steps you took from concept to launch, illustrating your impact on the organization.

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How do you prioritize projects when managing multiple product initiatives simultaneously?

To effectively answer this question, speak about the frameworks you use for project prioritization, such as ROI assessments, alignment with business goals, and team input. Sharing real-life examples of how you managed competing deadlines can demonstrate your organizational skills.

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What strategies do you use to gather and analyze market research data?

Discuss your methods for gathering insights, such as surveys, focus groups, or competitive analysis. Emphasize how you translate this data into actionable product strategies and decisions, highlighting your analytical skills in the process.

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How do you handle disagreements with stakeholders during the product development process?

Illustrate your approach to conflict resolution, emphasizing communication and collaboration. Share a specific example where you successfully navigated a disagreement, focusing on how you listened to different viewpoints and worked towards a mutually beneficial outcome.

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Can you give an example of a successful product launch you oversaw?

Be prepared to discuss a specific product launch in detail, covering your role in the planning and execution phases. Focus on the strategies you employed that contributed to its success and any measurable results achieved post-launch.

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What financial metrics do you use to assess product performance?

Discuss key financial metrics like ROI, profitability margins, and customer acquisition costs. Describe how you use these metrics to inform product decisions and make strategic adjustments throughout the product lifecycle.

Join Rise to see the full answer
How would you approach building a new product team at IOSH?

Talk about your philosophy on team-building, including how you would assess skills and gaps in the current team. Highlight your approach to fostering collaboration, innovation, and maintaining a strong vision for the product line.

Join Rise to see the full answer
What role does customer feedback play in your product development process?

Emphasize the importance of customer feedback as a continuous part of the development cycle. Share how you solicit, analyze, and incorporate customer insights to improve products iteratively and enhance user experience.

Join Rise to see the full answer
Can you explain your experience with budget management in product development?

Discuss your experience in managing budgets, mentioning specific examples of how you forecasted costs, tracked expenses, and ensured projects remained within scope. Highlight your ability to make adjustments when necessary to meet financial objectives.

Join Rise to see the full answer
Why do you want to work as the Head of New Product at IOSH?

Share your passion for the mission of IOSH and how it aligns with your professional aspirations. Discuss how your skills and experiences uniquely qualify you for this role and how you can contribute to the organization's success in product innovation.

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IOSH is the Chartered body for health and safety professionals. With more than 44,000 members in more than 120 countries, we're the world's biggest professional health and safety organisation. We set standards, and support, develop and connect o...

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