Werfen is a growing, family-owned, innovative company founded in 1966 in Barcelona, Spain. We are a worldwide leader in specialized diagnostics in areas such as Hemostasis, Acute Care Diagnostics, Transfusion, Autoimmunity, and Transplant. With operations in over 30 countries and a workforce of over 7,000, our success stems from our dedication to innovation, quality, and a strong focus on rapidly evolving diagnostic areas.

As a Product Manager at Werfen, you will support the management and development of products, focusing on new market requirements, marketing support programs, and training initiatives. You'll interface with R&D, Operations, QA/RA, and field sales to ensure product success and customer satisfaction. If you're passionate about healthcare and innovation, this position offers an exciting opportunity to drive impactful projects and contribute to advancements in diagnostics.

Submitting Your Application

The first step is to submit a compelling application that reflects your technical skills and interest in joining Werfen as a Product Manager. Whether you were contacted by a Werfen recruiter or have taken the initiative yourself, carefully review the job description and tailor your CV according to the prerequisites.

Tailoring your CV may include identifying specific keywords that the hiring manager might use to filter resumes and crafting a targeted cover letter. Furthermore, don’t forget to highlight relevant skills and mention your work experiences.

Recruiter/Hiring Manager Call Screening

If your CV happens to be among the shortlisted few, a recruiter from the Werfen Talent Acquisition Team will make contact and verify key details like your experiences and skill level. Behavioral questions may also be a part of the screening process.

In some cases, the Werfen Product Manager hiring manager may be present during the screening round to answer your queries about the role and the company itself. They may also indulge in surface-level technical and behavioral discussions.

The whole recruiter call should take about 30 minutes.

Technical Virtual Interview

Successfully navigating the recruiter round will present you with an invitation for the technical screening round. Technical screening for the Werfen Product Manager role is usually conducted through virtual means, including video conference and screen sharing. Questions in this 1-hour long interview stage may revolve around Werfen’s product lines, market requirements, and marketing support programs.

In some cases, take-home assignments regarding product management, market analysis, and promotional materials may be incorporated. Apart from these, your understanding of medical technology and diagnostic products may also be assessed during the round.

Depending on the seniority of the position, case studies and similar real-scenario problems may also be assigned.

Onsite Interview Rounds

Followed by a second recruiter call outlining the next stage, you’ll be invited to attend the onsite interview loop. Multiple interview rounds, varying with the role, will be conducted during your day at the Werfen office. Your technical prowess, including your ability to interface with R&D, Operations, and QA/RA, will be evaluated against the finalized candidates throughout these interviews.

If you were assigned take-home exercises, a presentation round may also await you during the onsite interview for the Product Manager role at Werfen.

Quick Tips For Werfen Product Manager Interviews

You should plan to brush up on any technical skills and try as many practice interview questions and mock interviews as possible. A few tips for acing your Werfen interview include:

• Understand Werfen’s Market and Products: Familiarize yourself with Werfen’s specialized diagnostic instruments, reagents, and medical technology solutions. Understand their application in healthcare and prepare to discuss how you would support product development and marketing strategies.
• Be Market-Focused: Werfen’s product management role emphasizes understanding market requirements and customer feedback. Be prepared to discuss your experience with market analysis and how you have previously contributed to product roadmaps and marketing support programs.
• Demonstrate Strong Communication Skills: This role requires significant collaboration across various departments, including R&D and Operations. Practice responding to behavioral questions that highlight your ability to manage cross-functional teams and communicate effectively.

Typically, interviews at Werfen vary by role and team, but commonly Product Manager interviews follow a fairly standardized process across these question topics.

• Write a function calculate_rmse to calculate the root mean squared error of a regression model. The function should take in two lists, one that represents the predictions y_pred and another with the target values y_true.

• Write a query to get the last transaction for each day from a table of bank transactions. Given a table of bank transactions with columns id, transaction_value, and created_at representing the date and time for each transaction, write a query to get the last transaction for each day. The output should include the id of the transaction, datetime of the transaction, and the transaction amount. Order the transactions by datetime.

• Write a function random_key that returns a key at random with a probability proportional to the weights. Given a dictionary with weights, write a function random_key that returns a key at random with a probability proportional to the weights.

• Write a function to get a sample from a standard normal distribution. Create a function to generate a sample from a standard normal distribution.

• Write a function nearest_entries to find the closest element to N and its k-next and k-previous elements in a sorted list. Given a sorted list of integers ints with no duplicates, write an efficient function nearest_entries that takes in integers N and k and finds the element of the list that is closest to N and returns that element along with the k-next and k-previous elements of the list.

• What metrics/graphs/models would you use to analyze churn behavior for Netflix's pricing plans? Netflix has two pricing plans: $15/month or $100/year. An executive wants to analyze the churn behavior of users subscribing to either plan. What kinds of metrics, graphs, and models would you build to provide an overarching view of subscription performance?

• How would you build a model to predict which merchants DoorDash should acquire in a new market? As a data scientist at DoorDash, how would you build a model to predict which merchants the company should target for acquisition when entering a new market?

• How would you value the benefit of keeping a hit TV show on Netflix? Netflix executives are considering renewing a deal with another TV network for exclusive streaming rights to a hit TV series. The show has been on Netflix for a year. How would you approach valuing the benefit of keeping this show on Netflix?

• How would you measure and address the success of LinkedIn’s newsfeed ranking algorithm?

• How would you measure the success of LinkedIn’s newsfeed ranking algorithm?

• If some success metrics for the newsfeed algorithm are increasing while others are decreasing, how would you approach this?

• How would you determine if the results of an AB test for a landing page redesign are statistically significant? We want to launch a redesign of a landing page to improve the click-through rate using an AB test. How would you infer if the results of the click-through rate were statistically significant or not?

• How would you explain what a p-value is to someone who is not technical? Explain the concept of a p-value in simple terms to a non-technical person, focusing on its role in determining the significance of results in hypothesis testing.

• How many more samples are needed to decrease the margin of error from 3 to 0.3? Given a sample size (n) with a margin of error of 3, calculate the additional number of samples required to reduce the margin of error to 0.3.

• How would you determine if the results of an AB test on click-through rates are statistically significant? Describe the process of analyzing AB test results to determine if the observed differences in click-through rates are statistically significant.

• How would you build a model to predict which merchants DoorDash should acquire in a new market? As a data scientist at DoorDash, how would you develop a model to identify which merchants the company should target for acquisition when entering a new market?

• How would you assign point values to Scrabble letters for Spanish users without knowing Spanish? If you need to build Scrabble for Spanish users and don't know Spanish, how would you determine the point values for each letter?

What is the average salary for a Product Manager at Werfen?

Q: What is Werfen?

Werfen is a family-owned, innovative company founded in 1966 in Barcelona, Spain. We are a global leader in specialized diagnostics for Hemostasis, Acute Care Diagnostics, Transfusion, Autoimmunity, and Transplant. We operate directly in 30 countries and in more than 100 territories through distributors. Our team of over 7,000 employees works across our Headquarters and Technology Centers located in the US and Europe, committed to improving hospital efficiency and enhancing patient care.

Q: What does the Product Manager position at Werfen entail?

The Product Manager at Werfen supports the definition and implementation of market requirements for new products and manages dedicated product lines. Key responsibilities include interfacing with R&D, Operations, and QA/RA, preparing marketing support programs, conducting Voice of Customer (VOC) activities, developing promotional materials, and providing technical support to sales staff and customers.

Q: What qualifications are needed for the Product Manager role?

Candidates should have a Bachelor's degree in biological science, business administration, marketing discipline, or an equivalent field. A minimum of one year of prior experience in the healthcare industry, especially in the IVD sector, is required. Skills in communication, marketing, and an understanding of the clinical lab environment are essential.

Q: What are the travel requirements for this position?

The Product Manager position at Werfen requires up to 25% travel, which may include both domestic and international trips on short notice.

Q: How can I prepare for an interview at Werfen?

To prepare for an interview at Werfen, familiarize yourself with the company and its products. Practicing common interview questions, reviewing your technical skills, and drawing parallels between your past experiences and the Product Manager role will be beneficial. Leverage Interview Query to practice and enhance your preparation.

If you are ready to embark on a rewarding career with endless learning opportunities, apply now!

If you’re eager to learn and thrive in a dynamic environment, Werfen offers an ideal opportunity to grow and make a meaningful impact in the healthcare sector. As a leader in specialized diagnostics, Werfen prides itself on innovation and quality, driven by a commitment to improving hospital efficiency and patient care. For more insights about the company, check out our main Werfen Interview Guide, where we have covered many interview questions that could be asked. You can also explore other roles, such as Software Engineer and Data Analyst, to learn more about Werfen’s interview process for different positions.

At Interview Query, we empower you to unlock your interview prowess with a comprehensive toolkit, equipping you with the knowledge, confidence, and strategic guidance to conquer each challenge you might encounter during the interview process at Werfen.

Explore all our company interview guides for better preparation, and if you have any questions, don’t hesitate to reach out to us.

Good luck with your interview!