Job Duties:

• Formulate and apply computer mathematical modeling and other optimizing methods to optimize product management of company's product data solutions and systems, including add-on products, through entire lifecycle from idea generation to product decommissioning.
• Identify and quantify new market and product opportunities translating market needs to design features.
• Lead strategic planning, development, delivery and growth of the product suite and services.
• Define data requirements, then collect, validate and analyze data, and develop methodologies, programs and formulae to identify consumer needs and market opportunities, and to define detailed product and program specifications.
• Lead and participate in cross-functional team (design, engineering, operations, customer service, sales, marketing and business) to achieve goals.
• Specify manipulative or computational methods to be applied to models; perform validation and testing of models to ensure adequacy; reformulate models as necessary.
• Review technology, evaluate new technological solutions, and accept new technologies for product development.
• Monitor and evaluate product performance during production phase, including meeting product revenue and profitability targets; define and implement changes to existing products to improve revenue and profitability results. Perform ongoing competitive analysis.
• Analyze product performance through its lifecycle and make recommendations to senior management on improvements of existing and future products based on evaluation results.
• Manage product profitability establishing strategies, prices and product configurations.
• Translate customer needs into specifications, including new product business case creation, including product positioning, target markets, pricing strategies, cost/benefit analysis and setting of performance targets.
• Help set product engineering and software development priorities to match product strategies; write specifications and create programs and models for engineering product development.