Product Manager – Fire/Life Safety Systems

Siemens•Parsippany-Troy Hills, NJ
•$126,639 - $217,096•Onsite

About The Position

Siemens Smart Infrastructure is seeking a Product Manager to develop, execute, and supervise annual business plans for assigned fire/life safety products, ensuring divisional sales and profit objectives are achieved. The role supports the Parsippany-Troy Hills, New Jersey branch and is based in Florham Park, New Jersey. The Product Manager develops marketing programs, identifies market opportunities, defines addressable markets and competitor positions, forecasts business, and establishes plans to secure targeted market share. The role provides product and competitive information to field sales, improves product marketability and profitability, supports product development with technical expertise, and leads cross-functional teams and product migrations. It also sets product pricing, provides manufacturing forecasts, supports customers and internal teams as a subject matter expert, and maintains awareness of industry trends. Travel within the U.S. and internationally of up to 20% is required.

Requirements

  • Bachelor’s degree in Engineering or Business.
  • Experience in a sophisticated product management, marketing, or direct sales role involving Fire Alarm Control Panels, Notification Appliances, Peripherals, and/or Suppression.
  • Cross-functional team management experience.
  • Verbal and written communication skills in English.
  • Willingness and ability to travel within the U.S. and internationally up to 20% of the time.
  • Legally authorized to work in the United States on a continual and permanent basis without company sponsorship.

Nice To Haves

  • Master’s degree.
  • Experience with data analysis, report writing, and presentations.
  • Demonstrated experience using agile development practices.

Responsibilities

  • Develop marketing programs for assigned products and pursue business development objectives through research and marketing plans.
  • Identify product marketing opportunities by qualifying customer requirements.
  • Define addressable markets, competitors’ market shares, and competitors’ advantages and weaknesses.
  • Forecast projected business and establish marketing plans to secure targeted company share.
  • Communicate product benefits, functionality, and competitive information to field sales consistently and promptly.
  • Research and capitalize on market opportunities, including selecting new product opportunities, to improve product marketability and profitability.
  • Partner with the Manager of Marketing Information to obtain detailed market information and develop product functional specifications.
  • Select and lead cross-functional product development teams.
  • Support product development with deep technical knowledge of the product portfolio.
  • Maintain team documentation and report progress at milestone meetings.
  • Implement product pricing based on competitive analysis and corporate profit goals.
  • Provide forecasts to manufacturing and assist in controlling inventory value and mix.
  • Lead product migrations.
  • Maintain relationships with key accounts through periodic visits, exploring customer needs, and anticipating opportunities.
  • Make recommendations and handle negotiations for product development sales, as applicable.
  • Provide subject matter expert product support to customer service, technical support, sales outlets, and customers as required.
  • Stay informed about industry trends by attending workshops, reviewing professional publications, building professional networks, benchmarking practices, and participating in professional societies.

Benefits

  • Health and wellness benefits.
  • Target incentive of 10% of base salary.
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