Manager, Product Development

Manager, Product DevelopmentWest Hollywood,CAHOURGLASS COSMETICS — Product Development ManagerConnected by creativity and driven by purpose. Hourglass Cosmetics is a vegan and cruelty-free beauty brand, redefining luxury cosmetics with high-performance products, innovative formulas, and award-winning franchises. Recognized by Forbes, Fast Company and Time Magazine as one of the most inventive beauty companies, Hourglass leads the industry with its breakthrough products and its commitment to animal welfare. Founded in 2004, Hourglass is globally available in 32 markets and 2,600 doors including Sephora, Ulta, Bergdorf Goodman, Nordstrom, Space NK and more. Hourglass became part of the Unilever Prestige division in 2017. Discover more about the Hourglass brand story and mission on our website hourglasscosmetics.com The Product Development Manager reports to the Director of Product Development. The PD team collaborates with the Founder/President and all cross-functional team to develop and execute new color and skincare products from concept through execution. The PD team is responsible for all new development with a focus on innovation through ingredients, formula and packaging. WHAT YOU DODrive day-to-day development of all new color cosmetic and skincare launches (100 new skus per year) and manage existing product reformulations or tech transfersSupport the development of long-term innovation roadmap by identifying innovation opportunities in line with strategic proprieties and category dynamicsLead conversations with cross-functional teams (CEO, Marketing, Operations & PD Leadership) to ideate and define product concepts and initiate all new developmentCollaborate with Marketing team at the start of new development to ensure desired claims and copy are supported by formulation and ingredientsCollaborate closely with Project Manager to build timelines and meet critical milestonesManage all new development in adherence to the established timelines and provide weekly updates to the Project ManagerDevelop color stories and shade lineups that represent Hourglass’ creative strategy and align with brand business goalsResponsible for completing competitive analysis highlighting relevant trends in color, formula, and new product launchesCoordinate all testing samples (i.e. stability, safety, claims, etc.)Understand Hourglass’ existing portfolio and continuously perform deep analysis of category assortments to identify innovation opportunitiesSupport team in coordinating product samples for photoshoots, retailers, and marketing needsEstablish and maintain close relationships with all vendors. Responsible for coordinating and attending all innovation presentationsDraft briefs and product concepts to kick-off new development with vendors, as well as to share with our internal cross-functional teamsResearch and manage potential new raw materials and ingredients to introduce into new developmentPartner closely with Marketing and Copy teams to identify the language and positioning of new product launchesAssist in defining comprehensive testing strategy and protocols throughout the product development process; orchestrate internal and external testing panel groups for all new launches (from organization of testing samples to survey/interview design and data analysis)Receive and evaluate all incoming batch approval submissions, working closely with Quality teamYOU’LL LOVE THIS JOB IFYou are PASSIONATE about Product Development: You are eager to learn about Hourglass as a brand and the luxury beauty spaceYou are KNOWLEDGABLE about beauty: Very aware of competitive luxury beauty brands and trendsYou are CURIOUS: You are an instinctive learner, have a natural desire to seek information and inspiration, understand the consumer and solve problemsYou are CREATIVE: You leverage your knowledge and insight to imagine and develop new concepts and solutionsYou are extremely ORGANIZED: You're not overwhelmed by the thought of tackling multiple tasks at a time and are able to prioritize tasks by urgencyYou are STRATEGIC. You can develop create concepts and vision that support brand and business goalsYou are a strong COMMUNCATOR: You are a people person and collaborate well with othersQUALIFICATIONSMinimum of 5+ years of experience working in Product Development for a cosmetics brandUnderstanding of the specific details and milestones of the Product Development process from product concept to final launchLuxury experience is preferred, but not requiredDetail-oriented, flexible, and innovativeProactive and accountable; strong skills in anticipating needs and demonstrating a proactive approach to job responsibilitiesA creative thinkerComfortable asking questionsExceptional communication and presentation skillsStrong organization skillsAbility to think outside the boxPositive personality: able to take on new challenges as they come and to switch gears immediately when necessaryMust be able to work from Corporate Office at least 60% of the time.The expected base salary range for this position is $88,000.00 to $93,000.00. The exact base salary is determined by various factors including experience, skills, education, geographic location, and budget. This position is also eligible for participation in the company discretionary bonus plan, based on personal performance and company results. In addition to base salary, Hourglass Cosmetics offers a competitive benefits package to eligible employees, including medical insurance, dental insurance, vision insurance, life insurance, accident insurance, critical illness insurance, disability insurance, retirement savings plans and company match, paid family leave, education-related programs, paid holidays, discretionary vacation time, and more.Hourglass is an organization committed to diversity and inclusion to drive its business results and to create a better future every day for its diverse employees, global consumers, partners and communities. If you are an individual with a disability and need accommodation in order to apply for a job listing, please contact us at 310-392-7799 or [email protected] Opportunity/Affirmative Action Employer Minorities/Females/Protected Veterans/Persons with Disabilities.Applicants and employees are protected from discrimination under Federal law. For more information, please see EEO is the Law. Job Ref: 141686