Sr Manager, Innovation

Company:  Ritual
Location: West Hollywood
Closing Date: 23/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
About Ritual
Ritual is a personal health brand that is building the future of daily essentials. Our mission is simple: we help turn healthy habits into a Ritual. We started by creating the first visible supply chain of its kind and reinventing the daily multivitamin from the ground up. Now, together with some of the world's leading scientists, researchers and advisors, we're developing a new standard of high-quality, traceable daily products across new categories. Hundreds of thousands of customers across generations trust us, and we are growing quickly.
We've built a team of over 120 (and counting) curious skeptics, world-class scientists, unconventional artists, expert marketers, and analytical strategists. We're venture-backed and based in sunny Los Angeles. If you're looking to challenge the status quo and be challenged to do the best work of your career, join us.
Essential
Join our team as we seek a dynamic and experienced Senior Manager of Innovation to lead the development of new supplements in the women's wellness category, from initial discovery and design to seamless transition to the Brand Marketing team. This role requires a deep understanding of the women's health and wellness market, strong project leadership and management skills, and the ability to lead cross-functional teams for technical and commercial handoffs. The ideal candidate will have a proven track record in creating, developing, and launching innovation in the market. If you are passionate about scaling the Ritual brand through best-in-class new products, we would love to get to know you.
What You'll Do
      As a key contributor to our Innovation team, you will focus on:
    • Project Leadership: Lead and inspire cross-functional teams in the development of new women's wellness supplements, from initial concept through to commercialization. Partner with the Project Management Office to shape project timelines, mitigate risks, and ensure clear communication. Craft inclusive and clear briefs to empower all teams, from Creative to Packaging Engineering. Serve as the central point of contact, fostering collaboration and alignment among all stakeholders throughout the innovation process.
    • Consumer and Market Insights : Collaborate with the Consumer Insights team to conduct comprehensive research, identifying trends, consumer insights, and the competitive landscape. Use this data to pitch new products and develop a forward-thinking innovation roadmap.
    • Market Analysis: Analyze market data to forecast market size, revenue potential, and ROI for new product launches. Work closely with Finance, Sales, and Brand Marketing teams to establish cost targets and pricing strategies that align with our strategic goals.
    • Concepts and Claims: Partner with scientific and technical teams to translate complex scientific concepts into compelling and accessible consumer-facing ideas and claims that resonate with diverse audiences.
    • Cross-Functional Collaboration: Build and nurture strong relationships across various teams, including Project Management, Scientific Affairs, Regulatory Affairs, Product Development, Brand Marketing, Sales, Impact, and Creative, to collaboratively ensure the success of each project.
    • Innovation Exploration: Foster a culture of continuous learning and innovation by exploring new formulas, advanced delivery technologies, and unique value propositions. Your efforts will help enhance Ritual's leadership in health and wellness.
Who You Are
    • Health & Wellness Enthusiast: You stay informed on consumer trends and are passionate about addressing consumer needs in meaningful ways.
    • Strong Communicator: You have a proven ability to connect with diverse consumers, translating insights into powerful product concepts, positioning, and claims. You can effectively share perspectives and advocate for ideas.
    • Scientific & Technical Collaborator: You enjoy working alongside scientific experts, translating complex concepts into engaging consumer-facing ideas. Problem-solving excites you.
    • Business Savvy: You possess strong business acumen and are comfortable developing business cases grounded in data and numbers.
    • Advocate for Transparency: You are committed to traceability, quality, and transparency, believing that clear and honest information should be standard in the wellness industry.
    • Brand Champion: You understand the importance of each product in building our brand and have experience contributing to the creative aspects behind best-selling products, including naming and packaging design.
What You Need
      Education: BS/BA, preferably in the Business or Marketing field. MBA preferred.
      Experience:
    • 3+ years experience as a leader of complex cross-functional projects.
    • Innovation, Product Marketing and Development, Brand Management, or Entrepreneurship experience
    • Proven ability to lead and sell cross-functionally
    • CPG new product development and introduction experience strongly suggested.
    • VMS experience is a plus
    • Experience with financial assessment exercises
    • Consumer Insights experience is a plus.
    >
Compensation and Benefits:
    • PAY RANGE: $91,000 - 150,000
    • Your base salary is one part of your total compensation package. The salary range represents the entire compensation range for this position. Exact compensation will depend on a number of factors, which may include the successful candidate's skills, level, years of experience, technical expertise, and other qualifications. Not all candidates will be eligible for the upper end of the salary range. This role is also eligible for equity + generous benefits + 401k + unlimited PTO etc - see our list of perks/ benefits below.
Additional Compensation, Benefits and Perks:
    • 401k Match - Up to 4%
    • Medical/Dental/Vision/Life Insurance
    • Healthcare & Dependent Care FSA
    • 20 Weeks of 100% paid Parental Leave + 4 weeks of flex time upon return for birthing people
    • Talkspace access for mental health support
    • Pet Insurance discount
    • Unlimited PTO Policy - 2 weeks (10 days) minimum to keep you fresh
    • 11 paid holidays
    • 7 additional paid days off around holidays
    • 12 "Fourth Fridays" off - Days the entire company takes off each month to recharge
    • 4 "Ritual Days of Action" - Days the entire company volunteers
    • Focus Fridays - No meeting days to focus on heads-down work and development
    • Free Ritual Products
    • Annual Wellness stipend
    • Monthly Childcare stipend
    • New hire Work from Home stipend
    • Bi-Annual Performance Reviews
    • Bi-Annual in-person company events
    • Monthly wellness activities

Why Ritual?
Since launching in October 2016, Ritual has grown to be a cultural revolution in the health industry. We're not about pseudoscience, half-truths or health fads. We are simple, effective, and backed by real science.
Ritual is an Equal Opportunity Employer. We are committed to bringing together humans from different backgrounds and perspectives, providing employees with a safe and welcoming work environment free of discrimination and harassment. We strive to create a diverse & inclusive environment where everyone can thrive, feel a sense of belonging, and do impactful work together.
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