Hybrid Senior Product Manager, Motors

at Regal Rexnord

• Job title: Senior Product Manager, Motors
• Job type: Full Time
• Experience level: Senior
• Salary: $100,000 - $150,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Milwaukee, United States

About the role

• Senior Product Manager overseeing Regal Rexnord's Motors Business Unit, driving growth-focused product strategy through market analysis and collaboration.

Responsibilities

• Own all aspects of your product portfolio, including achievement of financial plans – orders, revenue, margin – through the use of data, daily management and problem solving practices
• Manage the entire life cycle of the assigned Motor product lines, from strategic planning and product definition to tactical launch activities, share growth, and end-of-life management.
• Build multi-year roadmap for your portfolio with cross-functional teams using market analysis tools and through continued evaluation of new product opportunities
• Establish annual targets for growth and margin attainment, develop monthly tracking and metrics to measure performance.
• Drive Voice-of-Customer collection for your products to develop market knowledge, develop core messaging and positioning for assigned product lines, and drive focus and growth that meet customers’ applications.
• Identify differentiated value propositions for your products and partner with Marketing and Sales to launch new products and improve customer gain-share position
• Perform competitive evaluation and market analysis to develop clear product positioning and pricing strategies that generate incremental revenue and expand market share
• Guide and work with Engineering to design solutions and next-gen motors and cost optimized solutions to drive the most return on investment and ensure sustainable success
• Present business cases and product plans to leadership stakeholders to gain continued alignment and credibility, turning strategic directions into tactical actions
• Manage assigned product lines to the Regal Rexnord Business System, which includes 80/20 and Continuous Improvement in all aspects of product management and decision making.

Requirements

• Bachelor's Degree from an Accredited University is required
• Degree in Mechanical Engineering, Electrical Engineering, or equivalent field is preferred
• Minimum 8 years of Commercial or Product Management experience with highly engineered products in a complex B2B industrial manufacturing enterprise
• Strong foundation in Product Management fundamentals, including market research, cost/price analysis, competitive positioning, articulating value propositions, interpreting customer needs to business cases, etc.
• Analytical & logical fact-based problem solver.
• Must have the ability to digest commercial transaction data to manage the product families and identify trends/issues (i.e., Power BI)
• Capable of both strategic thinking and tactical execution.
• High Passion for technology, innovation, and customer engagement
• Is high energy, action oriented and focused on producing outcomes, bottom-line oriented and steadfastly pushes self and others forward to the goal.
• Can effectively cope with ambiguity and change; can decide and act without having the total picture and can comfortably handle risk and uncertainty
• Strong communication and presentation capabilities to teams, large and small
• Resourceful, collaborative teammate and possesses an owner mentality
• Effective at time management and priority setting
• Proficiency with MS Office (Excel / Word / PowerPoint) and BI Tools (PowerBI)
• Ability to work independently and at times remotely
• Demonstrate the Regal Rexnord Values with emphasis on 80/20 methodology, product line simplification and sense of urgency.

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