Product Owner III

About CooperSurgical

JOB DESCRIPTION

CooperSurgical is a leading fertility and women's healthcare company dedicated to putting time on the side of women, babies, and families at the healthcare moments that matter most in life. CooperSurgical is at the forefront of delivering innovative assisted reproductive technology and genomic solutions that enhance the work of ART professionals to the benefit of families. We currently offer over 600 clinically relevant medical devices to women's healthcare providers, including testing and treatment options.

CooperSurgical is a wholly-owned subsidiary of CooperCompanies (Nasdaq: COO). CooperSurgical, headquartered in Trumbull, CT, produces and markets a wide array of products and services for use by women's health care clinicians. More information can be found at www.coopersurgical.com .

Responsibilities

Scope:

Responsibility/Accountability:

• Oversees the strategic direction of the product line or a significant segment of a major product, directly influencing key product decisions, long-term roadmaps, and strategic priorities.
• Responsible for significant product areas that have a direct impact on the company’s bottom line, potentially overseeing products or features that drive substantial revenue, sometimes in the range of millions of dollars annually.
• Leads the integration of market and customer research into product strategy, ensuring the product aligns with customer needs and maintains a competitive edge in the marketplace.
  
  
  

Financial Impact:

• Directly influences strategic product decisions that can significantly affect the company's revenue, market share, and profitability. Their decisions and product strategy can result in substantial revenue growth, cost savings, or both.
• Accountable for setting and achieving key performance indicators (KPIs) related to product success, such as revenue targets, market penetration rates, and return on investment (ROI) for new features or enhancements.
  
  
  

Interactions Within the Organization:

• Collaborates with senior management, executive teams, and various departments to ensure that the product strategy is aligned with the company’s overall business strategy and long-term goals.
• Often serves as a bridge between the executive team and product teams, translating high-level business strategies into actionable product roadmaps and feature specifications.
• Engages with multiple functions across the organization, including sales, marketing, finance, R&D, and customer support, to drive product success and organizational alignment.
  
  
  

External Interactions:

• Regularly interacts with key customers, industry thought leaders, and strategic partners to gather advanced insights, influence market trends, and establish product leadership in the industry.
• Represents the company and its product vision in external forums, conferences, and media engagements, enhancing the product’s market presence and the company’s industry standing.
• Works closely with market analysts, key customers, and user groups to anticipate market needs and future trends, ensuring the product remains ahead of the curve and meets evolving market demands.
  
  
  

Impact to the Organization

• Strategic Leadership: Plays a pivotal role in shaping the organization’s product strategy, driving the vision for the product, and making high-stakes decisions that affect the company's strategic direction and market positioning.
• Revenue and Market Growth: Their leadership and strategic decisions have a profound impact on the organization's revenue, growth trajectory, and market share, often responsible for steering the product portfolio to meet aggressive business growth targets.
• Cross-Functional Influence: Exerts a significant influence on cross-functional teams and departmental strategies, ensuring that product development aligns with business objectives, operational capabilities, and market opportunities.
• Innovation and Market Adaptation: Drives innovation within the product line, championing new ideas, fostering a culture of creativity, and ensuring the product adapts to changing market conditions and technological advancements.
• Brand and Customer Loyalty: Enhances the company’s brand reputation and builds customer loyalty through strategic product excellence, delivering market-leading features that fulfill customer needs and exceed market expectations.
  
  
  

Job Summary:

• Define and champion the strategic direction of the product, setting long-term goals and key performance indicators that align with business objectives.
• Lead cross-functional teams across the entire product lifecycle, ensuring seamless collaboration and alignment with the product vision.
• Influence organizational strategy through product innovation, driving product decisions that reflect market demands and technological trends.
• Develop comprehensive product roadmaps, forecasting future product developments and market shifts, ensuring sustained competitive advantage.
• Cultivate strategic partnerships and relationships with industry leaders, enhancing product visibility and market positioning.
  
  
  

Essential Functions & Accountabilities:

• Established history of successful product launches, demonstrating significant impact on the company’s market position and financial success.
• Comprehensive understanding of business strategy, effectively translating business goals into product strategies that drive market success.
• Proven ability to lead and inspire cross-functional teams, fostering collaboration, innovation, and excellence in product development.
• Demonstrated expertise in balancing technical, business, and customer-centric considerations in product strategy and execution.
• Strategic foresight in product development, consistently delivering products that anticipate and shape market trends, driving industry innovation.
  
  
  

Travel:

• 5 % Travel
  
  
  

Qualifications

Qualifications:

Knowledge, Skills And Abilities

• Expertise in Agile and Scrum methodologies, with a strong ability to drive organizational change and promote an Agile culture.
• Exceptional leadership skills, with a focus on strategic vision, team empowerment, and fostering a high-performance culture.
• Advanced strategic and analytical thinking, capable of anticipating future trends and aligning product strategies accordingly.
• Superior stakeholder management skills, adept at influencing and engaging diverse groups to achieve strategic objectives.
• Profound understanding of the product’s market, customers, and competition, guiding long-term product evolution and innovation.
  
  
  

Work Environment:

• Office work environment
• No requirements to lift heavy equipment
  
  
  

Experience:

• Over 5 years of experience in senior product ownership or product management roles, with a track record of strategic product leadership and team development.
• Comprehensive experience in market analysis, competitive strategy, and customer engagement, with a proven ability to shape market-leading products.
• History of professional growth and thought leadership in product management, contributing to the wider product community and advancing the practice within the organization.
• Evidence of leading large-scale product initiatives, driving significant business growth, and enhancing organizational capabilities in product development.
  
  
  

Education:

• Bachelor’s but preference for master’s degree in business administration, Computer Science, or related field, with extensive training in product management and Agile practices.
  
  
  

As an employee of CooperSurgical, you'll receive an outstanding total compensation plan. As we believe your compensation goes beyond your paycheck, we offer a great compensation package, medical coverage, 401(k), parental leave, fertility benefits, paid time off for vacation, personal, sick and holidays, and multiple other perks and benefits. Please visit us at www.coopersurgical.com to learn more about CooperSurgical and the benefits of becoming a member of our team.

To all agencies: Please, no phone calls or emails to any employee of CooperSurgical about this opening. All resumes submitted by search firms/employment agencies to any employee at CooperSurgical via-email, the internet or in any form and/or method will be deemed the sole property of CooperSurgical, unless such search firms/employment agencies were engaged by CooperSurgical for this position and a valid agreement with CooperSurgical is in place. In the event a candidate who was submitted outside of the CooperSurgical agency engagement process is hired, no fee or payment of any kind will be paid.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace.

For U.S. locations that require disclosure of compensation, the starting base pay for this role is between $132,000 - $150,000. The actual base pay includes many factors, and is subject to change and modification in the future. This position may also be eligible for other types of compensation and benefits.