Manager, Product Management

Regal Rexnord Corp
paid time off, tuition assistance, 401(k), retirement plan
United States, Ohio, Bowling Green
Nov 20, 2024
About Us: Marathon Special Products (MSP), a Regal Rexnord business unit, is a leading manufacturer of a broad range of power distribution blocks, terminal blocks, fuse holders, with the expertise to develop custom solutions. We are headquartered in Bowling Green, Ohio. Our location is comprised of talented production associates working with product development, operations, services, sales, marketing, engineering, finance, and HR to convert the voices of customers into best-in-class solutions for the electric industry. Job Summary: If you are a product management professional looking for the opportunity to make your mark on a business, we have an exciting opportunity for you! MSP is positioned for growth and is seeking an experienced and dynamic Product Management Manager to join our team. The ideal candidate will have a strong background in product management, excellent leadership skills, and the ability to drive product strategy and execution. Location: This can be an onsite, hybrid, or remote role depending on the preferred location of the successful candidate. Work sites associated with the role include customer sites, trade shows, and support of product development activities in Bowling Green, Ohio. Estimated travel if onsite or hybrid: 25% Estimated travel if remote: 40% Key Responsibilities: The Product Management Manager will direct the product portfolio of the business through the activities listed below: Product Strategy and Roadmap: Develop and lead a comprehensive product strategy and roadmap for Marathon Special Products that exceeds market growth in core and adjacent markets Identify market trends, customer needs, and competitive landscape to influence the product roadmap Product Development: Translate market analysis and voice of the customer to develop Product Direction Statements to align marketing, engineering, manufacturing and lifecycle support. Collaborate with engineering, marketing, and manufacturing teams to design, develop, and launch new products. Develop and own product management processes Product Lifecycle Management: Manage the entire product lifecycle, from concept to end-of-life Define market pricing strategies and product positioning Monitor product market position and performance, analyze sales data, and recommend improvements. Develop product training and support to stakeholders Market Analysis and Customer Insights: Monitor competitive offerings and adjust product strategies accordingly Conduct market research to understand customer pain points, preferences, and emerging trends. Identify threats and substitutes to product categories and develop strategies to mitigate impact Qualifications: Bachelor's degree in Business, Engineering, or a related field; MBA preferred Proven experience in product management, strong leadership and team management skills Proficiency in product management tools and software Project management experience with cross-functional teams Preferred Experience: MBA preferred Experience in the electrical or electronic components industry Familiarity with gated NPD product development 3-5 years in a managerial role Marketing experience Candidate Characteristics: Excellent communication and interpersonal skills, particularly the ability to synthesize and convey complex concepts by using messaging tailored to the target audience Ability to think strategically and execute methodically Written/verbal communication Strong analytical and problem-solving abilities. Compensation: Expected Salary: $80K-$150K The salary range provided is intended to display the value of the company's base pay compensation for all statewide locations across the United States. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, candidate's skill set, level of experience, education and internal peer compensation comparisons. Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization. Benefits Medical, Dental, Vision and Prescription Drug Coverage Spending accounts (HSA, Health Care FSA and Dependent Care FSA) Paid Time Off and Holidays 401k Retirement Plan with Matching Employer Contributions Life and Accidental Death & Dismemberment (AD&D) Insurance Paid Leaves Tuition Assistance About Regal Rexnord Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company's automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools. The Company's end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture. Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com. Equal Employment Opportunity Statement Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you'd like to view a copy of the company's affirmative action plan or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com. Equal Employment Opportunity Posters Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.