Idoven has developed the world’s first cardiology-as-a-service platform powered by artificial intelligence that augments both a cardiologist’s and non-cardiology expert clinician’s ability to identify, triage and diagnose patients at scale.
The company counts partners such as AstraZeneca, Abbott, and GE Healthcare, FIFPRO, Google, Santander and Real Madrid Foundation. Idoven is backed by top-tier investors and business angels including Insight Partners, Northzone and Wayra (Telefónica), Iker Casillas, Pau Gasol, the Accel Starters program, and EIT Health.
The company has been awarded with numerous distinctions for its AI technology in Europe and the US, including the prestigious European Innovation Council (EIC) Accelerator and Horizon 2020 (H2020) awards and the Healthy Longevity Catalyst Award from the US National Academy of Medicine. Idoven has also been selected by CB Insights as one of the top 50 companies in Digital Health for 2023.
The position
Reporting to the CTO, as the Head of Product at Idoven, you would oversee and drive the product strategy, development, and success. As part of the Product, Engineering, Data and Research team, your role would involve a wide range of responsibilities.
What you will do
- Product Strategy: Defining and refining the overall product vision, goals, and roadmap in alignment with the company's objectives. You would be responsible for identifying market opportunities, conducting market research, and understanding customer needs and preferences to develop a competitive product strategy.
- Team Leadership: Building and leading a high-performing product team. This includes hiring and mentoring product managers, designers, and other team members, fostering a collaborative and innovative culture, and providing guidance and support to ensure the team's success.
- Product Development: Managing the end-to-end product development process, from conceptualization to launch. This involves working closely with cross-functional teams such as engineering, design, marketing, and sales to ensure the timely and efficient delivery of high-quality products. You would oversee product roadmaps, prioritize features, and make strategic decisions to meet business objectives.
- User Experience: Ensuring a seamless and delightful user experience across the product. You would work closely with designers and UX researchers to understand user behaviour, gather feedback, and iterate on the product design. Your goal would be to create intuitive, user-centric products that effectively address customer pain points and deliver value.
- Product Metrics and Analytics: Defining and tracking key product metrics to assess performance, measure success, and drive data-informed decision-making. You would use tools and analytics platforms to gather insights, conduct A/B tests, and identify areas for improvement. You would also collaborate with data analysts to derive actionable insights from user behaviour and market trends.
- Stakeholder Management: Collaborating with various stakeholders, including executives, investors, and customers, to gather feedback, communicate product updates, and ensure alignment. You would represent the product team in meetings, present product roadmaps, and manage expectations while building solid relationships with key stakeholders.
- Market and Competitive Analysis: Continuously monitor market trends, customer needs, and competitor activities to stay ahead of the curve. You would conduct market research, competitor analysis and stay informed about emerging technologies and industry developments that may impact the product's success.
- Product Marketing and Launch: Collaborating with the marketing team to develop go-to-market strategies, positioning, messaging, and product launch plans. You ensure the product features and benefits are effectively communicated to the target audience, driving user adoption and revenue growth.
- Continuous Improvement: Promoting a culture of constant improvement within the product team and the organization. This includes soliciting feedback, conducting retrospectives, and implementing processes and frameworks to enhance product development efficiency, quality, and innovation.
- Customer Advocacy: Acting as a champion for customers and representing their interests within the organization. You would gather customer feedback, conduct user research, and use customer insights to effectively drive product improvements and address pain points.
Our industry has a close relationship between regulatory and product responsibilities. For this, the Head of Product will take ownership of:
- Compliance Management: Ensuring the product and its development processes comply with relevant laws, regulations, and industry standards. This may involve understanding and adhering to data protection and privacy regulations, security standards, consumer protection laws, and any other applicable legal requirements.
- Risk Assessment and Mitigation: Identifying potential risks and assessing their impact on the product and the business. This includes evaluating regulatory risks and developing strategies to mitigate them effectively. You would collaborate with legal and compliance teams to understand and address any legal or compliance-related risks associated with the product.
- Regulatory Research and Monitoring: Staying updated on regulatory changes and developments that could affect the product or industry. This involves conducting research, monitoring industry news, and participating in relevant forums or associations to stay informed about evolving regulations. You need to assess the impact of regulatory changes on the product and work with the appropriate teams to ensure compliance.
- Documentation and Reporting: Ensuring all necessary documentation and records are maintained to demonstrate compliance with regulations. This includes creating and maintaining regulatory documentation, such as policies, procedures, and compliance reports. You may also be responsible for preparing and submitting regulatory filings or reports as required.
- Collaboration with Legal and Compliance Teams: Working closely with the legal and compliance teams to ensure alignment and effective management of regulatory requirements. This involves seeking legal guidance, collaborating on compliance initiatives, and providing input on the impact of regulations on product development and strategy.
- Training and Awareness: Promoting a culture of regulatory compliance within the organization by providing training and awareness sessions to relevant stakeholders. This includes educating the product team and other departments on their roles and responsibilities concerning regulatory compliance.
- Market and Competitive Analysis: As the Head of Product, you play a crucial role in understanding the market landscape and conducting competitive analysis. This includes analyzing pricing models and strategies of competitors within the industry. By evaluating how similar products are priced, you can gain insights into market expectations and ensure that your product's pricing remains competitive.
- Value Proposition: The Head of Product works closely with the product team to define and communicate the product's value proposition. Pricing is a critical component of the value proposition, as it directly impacts how customers perceive the product's worth. By understanding the product's unique features, benefits, and differentiation, you can determine an appropriate pricing strategy that aligns with its value.
- Revenue and Profitability Analysis: The Head of Product collaborates with the finance and business teams to analyze the financial impact of different pricing strategies. This involves evaluating pricing models about revenue goals, profit margins, and overall business objectives. By assessing the cost structure, target market, and demand elasticity, you can provide insights to help determine optimal pricing levels that maximize revenue and profitability.
- Pricing Strategy and Model Development: Based on market analysis, customer insights, and financial considerations, the Head of Product contributes to developing pricing strategies and models. This includes determining pricing tiers, packaging options, discounts, and promotions. You would work closely with the sales and marketing teams to align pricing decisions with market positioning, target audience, and sales strategies.
Requirements
- 5+ years of proven experience in tech product management, preferably in health tech or medical device industry
- Proven track record of leading and delivering successful software products from concept to launch, applying the Agile (Scrum) method, and working closely with software development and R&D teams.
- Strong understanding of health tech landscape, trends, and regulatory requirements
- Demonstrated experience in managing cross-functional teams and driving collaboration across multiple departments
- Previous experience and ability to work with C-level stakeholders
- Excellent communication and interpersonal skills
- Ability to translate complex technical concepts into clear and actionable product requirements
- Strong analytical skills and ability to use data to drive decision-making
- Passion for innovation and improving healthcare outcomes through technology
- Excellent written and spoken English is a must, Spanish would be a plus
- Product Owner, Product Manager and Product Leader certifications will be highly valued
- Bachelor's degree in a relevant field, such as Computer Science, Engineering or Business
- Previous start up experience would be a plus
Benefits
🚀 Be part of one of the most disruptive startups in HealthTech and AI and make a difference
🏆 Personal and professional growth as part of a fast-growing, international team
🎧No corners cut in having the best tech equipment to do your job
🙋 Unlimited remote working environment, where you can choose to work from home and attend our Madrid office whenever you want to
📚Learning and development opportunities and training budget
💸 Flexible Remuneration
😎 Regular team events and Thursday happy hours
