Opportunity in Thomson Reuters for the post of Product Manager

Thomson Reuters is the leading source of intelligent information for the world's businesses and professionals, providing customers with competitive advantage. Intelligent information is a unique synthesis of human intelligence, industry expertise and innovative technology that provides decision-makers with the knowledge to act, enabling them to make better decisions faster. Through its more than 50,000 people across 93 countries, Thomson Reuters delivers this must-have insight to the financial, legal, tax and accounting, scientific, healthcare and media markets, and is powered by the world's most trusted news organization.

Post: Product Manager

Job Description:
The Product Manager is responsible to identify the future roadmap of a product, balancing market opportunity and competitive risks. The primary responsibility is to understand the market and represent these market needs across the organization - typically in the form of product positioning, product features and high level product requirements. The Product Manager is accountable to product ROI and must coordinate a cross-functional team to identify specific investment prioritization recommendations which optimize limited resources to maximize revenue and customer satisfaction. A Product Manager is generally responsible for a functional area over a lifecycle, including recommendations for new products as well as sunset of existing products.
* Encourage sales, customer and prospect feedback. Establish a continuous dialog with customers and others intelligent about the market segment.
* Identify and manage ongoing market and customer analysis to identify and interpret opportunities for and threats to revenue growth
* Monitor all sales, customer and prospect feedback.
* Partner with Market Research/Business Intelligence and Strategic Marketing as appropriate for specific research projects.
* Understand key assets and differentiators of Thomson Reuters in context of industry trends and competitive landscape.
* Recommend and gain consensus on commercial product strategy for specified business solutions, including marketing positioning, product roadmap and pricing strategy
* Includes, if relevant, support in identification of strategic acquisitions where an organic growth strategy is not preferred
* Educate and integrate relevant departments (Prod Dev, Editorial, Marketing, Sales) around go-to-market strategy and product strategy especially product positioning and key user requirements
* Working with marketing, develop general strategies for demand generation, especially during initial launch of new products and solutions.
* Assist, where relevant, with identification of early adopters or development partners
* Prioritize product development investments, across products, value propositions, and customer segments.
* Monitor key indicators of product success (revenue, renewal, customer satisfaction) and conduct product rationalization analysis as needed
* Leverage customer feedback and analysis to direct prioritization of enhancements to support customer satisfaction, increased usage, and other business goals.
* Review or contribute to functional specifications, prototypes and early product versions to ensure ability to meet market goals and obtain customer acceptance.
* Establish and maintain a variety of customer and prospect communication channels to support decisions on strategy and prioritization.

Qualifications
Knowledge, Skills, and Abilities Required:
* Excellent professional experience in product management or product marketing role which includes deep knowledge of the discovery segment of the pharmaceutical industry, especially biology.
* Established relevant relationships in the pharma industry.
* Experience in working with a target market to identify unmet needs to conceptualize and/or validate a net new product offering.
* Depth of understanding around the pharmaceutical industry, in at least one geographical market (EMEA, US, APAC) and relevant functional area.
* Experience in creation of inter-departmental launch plan and/or demand generation techniques for a new product.
* Experience in monitoring commercial success (ROI and customer satisfaction) of a newly launched or established product.
* Experience in working with a team having diverse skill sets.
* Strong facilitation skills.
* Excellent oral and written English communications.
* Well organized and disciplined with regards to policy, procedure and standards.

Additional Information:
Experience: 0-2 yrs
Location: 77 Hatton Garden, London, United Kingdom-London-GB
Education: any
Industry Type: Pharma/ Biotech/Clinical Research
ID: PRO00004397