External Innovation Strategy Manager
External Innovation Strategy Manager

External Innovation Strategy Manager

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead projects to identify tech opportunities and guide investment decisions.
  • Company: Convatec is a global leader in medical solutions, improving lives across 100 countries.
  • Benefits: Enjoy a hybrid work model, travel opportunities, and a supportive team culture.
  • Why this job: Make a real impact on healthcare while developing your strategic skills in a dynamic environment.
  • Qualifications: Degree in science or engineering; MBA preferred; 1-3 years consulting experience.
  • Other info: Join a FTSE 100 company committed to innovation and improving patient outcomes.

The predicted salary is between 43200 - 72000 £ per year.

Get AI-powered advice on this job and more exclusive features.

Pioneering trusted medical solutions to improve the lives we touch:
Convatec is a global medical products and technologies company, focused on solutions for the management of chronic conditions, with leading positions in advanced wound care, ostomy care, continence care, and infusion care. With around 10,000 colleagues, we provide our products and services in almost 100 countries, united by a promise to be forever caring. Our solutions provide a range of benefits, from infection prevention and protection of at-risk skin, to improved patient outcomes and reduced care costs. Group revenues in 2024 were over $2.2 billion. The company is a constituent of the FTSE 100 Index (LSE:CTEC).
To learn more about Convatec, please visit is everywhere at ConvaTec. It’s transforming our business, and helping us improve millions of lives. And we’re nowhere near finished. Across every part of our business, we’re pushing for better.
Join us as an External Innovation Strategy Manager , and you’ll do the same.
As the External Innovation Strategy Manager , you will play a key role in helping to identify and analyze valuable technology opportunities in which Convatec will make investments. You will serve at the forefront of research, analysis and insight development that will enable Convatec decisions to place bets on future business opportunities.
Key Responsibilities

  • Designing and executing projects that develop insights and recommendations to guide investment decision making, based on data and research – these projects can cover a variety of objectives:
  • – Unmet needs assessment for target clinical conditions
  • – Technology adoption potential – considering HCPs, payers and patients
  • – Reimbursement potential for new technologies
  • – Target business case development
  • Conducting data analytics, determining category trend insights and creating output visualizations to help inform innovation area recommendations and business development opportunities
  • Collaborating with clinical, regulatory, R&D and commercial stakeholders to evolve our understanding of opportunity areas and defining target company shortlists
  • Driving continuous improvement of our process and analytics to drive cross-business consistency and evolution of our ability to define relevant potential segments and targets
  • Developing executive communication materials to share your findings with key stakeholders at business unit and executive leadership levels
  • Coordinating with business, marketing, medical, and R&D leaders to understand Convatec capabilities to integrate new technology

Education & Experience

  • Science, engineering or other degree with strong numeracy requirements from a top-tier university
  • Optional: MBA from a top-tier school
  • Proven ability to design and execute strategy projects that provide clearly communicated recommendations, based on executed research and analysis
  • Strong attention to detail as the research, data, analytic and resulting insights will help to inform strategy & investment decisions
  • Strong analytical skillset and ability to present data and insights in a concise, informative manner – with strong related competency in Excel and PowerPoint
  • Preferably some level of life sciences experience to ensure appropriate comprehension of information being researched, e.g. within publications, on medical technologies and the relevant high-level steps that are required to bring innovation to market within medical devices
  • Preferrable 1-3 years consultant level role experience from within a top-tier management consulting firm
  • Motivated, easy to work with and collaborative

The position is a hybrid role, with the expectation to be present in the office on a regular basis.
The position will involve travel to 4-8 conferences per year, plus project related travel to collaborate with cross-functional teams (primarily Europe and US).
Our ambitions will bring the very best out in you. You’ll be pushed to aim higher and really own your work. You’ll be encouraged and supported to make things happen, too. It can be challenging. But, as the progress you make will help improve the lives of millions, it’ll be worth it.
This is stepping up to a challenge.
This is work that’ll move you.
Beware of scams online or from individuals claiming to represent Convatec
A formal recruitment process is required for all our opportunities prior to any offer of employment. This will include an interview confirmed by an official Convatec email address.
If you receive a suspicious approach over social media, text message, email or phone call about recruitment at Convatec, do not disclose any personal information or pay any fees whatsoever. If you’re unsure, please contact us at
Equal opportunities
Convatec provides equal employment opportunities for all current employees and applicants for employment. This policy means that no one will be discriminated against because of race, religion, creed, color, national origin, nationality, citizenship, ancestry, sex, age, marital status, physical or mental disability, affectional or sexual orientation, gender identity, military or veteran status, genetic predisposing characteristics or any other basis prohibited by law.
Notice to Agency and Search Firm Representatives
Convatec is not accepting unsolicited resumes from agencies and/or search firms for this job posting. Resumes submitted to any Convatec employee by a third party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Convatec. No fee will be paid if a candidate is hired for this position as a result of an unsolicited agency or search firm referral. Thank you.
Already a Convatec employee?
If you are an active employee at Convatec, please do not apply here. Go to the Career Worklet on your Workday home page and View \”Convatec Internal Career Site – Find Jobs\”. Thank you!

Seniority level

  • Seniority level

    Mid-Senior level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Business Development and Sales

  • Industries

    Medical Equipment Manufacturing

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External Innovation Strategy Manager employer: ConvaTec Group

Convatec is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of Paddington, England. With a commitment to employee growth and development, we provide opportunities for meaningful contributions to healthcare solutions that improve lives globally. Our hybrid work model, combined with regular engagement in international conferences, ensures that you will be at the forefront of medical advancements while enjoying a supportive and inclusive environment.
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Contact Detail:

ConvaTec Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land External Innovation Strategy Manager

✨Tip Number 1

Familiarise yourself with the latest trends in medical technology and innovation. Understanding the current landscape will help you engage in meaningful conversations during interviews and demonstrate your passion for the field.

✨Tip Number 2

Network with professionals in the medical device industry, especially those who have experience in external innovation strategies. Attend relevant conferences or webinars to build connections and gain insights that could be beneficial for your application.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully conducted data analysis or developed strategic recommendations in previous roles. Being able to articulate your experience clearly will set you apart from other candidates.

✨Tip Number 4

Research Convatec's recent projects and initiatives. Tailoring your discussions around their work will show your genuine interest in the company and how you can contribute to their goals as an External Innovation Strategy Manager.

We think you need these skills to ace External Innovation Strategy Manager

Strategic Thinking
Data Analytics
Project Management
Market Research
Communication Skills
Collaboration Skills
Attention to Detail
Presentation Skills
Business Case Development
Understanding of Medical Technologies
Stakeholder Engagement
Problem-Solving Skills
Numeracy Skills
Adaptability

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the External Innovation Strategy Manager position. Tailor your application to highlight how your skills and experiences align with the key responsibilities outlined in the job description.

Craft a Compelling CV: Your CV should clearly showcase your relevant experience, particularly in strategy projects and data analytics. Use bullet points to highlight achievements and quantify your impact where possible. Make sure to include any life sciences experience that relates to the role.

Write a Strong Cover Letter: In your cover letter, express your passion for improving lives through medical innovation. Discuss specific examples of past projects where you've successfully identified technology opportunities or conducted market analysis. This is your chance to show your personality and motivation.

Proofread and Edit: Before submitting your application, take the time to proofread your documents. Look for any spelling or grammatical errors, and ensure that your writing is clear and concise. A polished application reflects your attention to detail, which is crucial for this role.

How to prepare for a job interview at ConvaTec Group

✨Understand the Company and Its Products

Before your interview, make sure to research Convatec thoroughly. Familiarise yourself with their medical solutions, especially in areas like wound care and ostomy care. This knowledge will help you demonstrate your genuine interest in the company and its mission.

✨Prepare for Data-Driven Questions

As an External Innovation Strategy Manager, you'll need to showcase your analytical skills. Be ready to discuss how you've used data analytics in past roles to inform strategic decisions. Prepare examples that highlight your ability to interpret data and present insights effectively.

✨Showcase Your Collaborative Skills

Collaboration is key in this role, so be prepared to discuss your experience working with cross-functional teams. Highlight specific instances where you successfully collaborated with clinical, regulatory, or R&D stakeholders to achieve a common goal.

✨Ask Insightful Questions

At the end of the interview, take the opportunity to ask thoughtful questions about Convatec's future innovations and strategies. This not only shows your enthusiasm for the role but also your strategic thinking and understanding of the industry.

External Innovation Strategy Manager
ConvaTec Group
C
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