Product Manager

nVent • Anoka, MN

12d • Hybrid

About The Position

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions. In this position, you will play an instrumental role in leading product and strategic planning for the Hoffman North American Commercial product portfolio. This growing portfolio is seeking a champion to join the team to drive new product development, introduction of new products and managing product life cycle of current products. WHAT YOU WILL EXPERIENCE IN THIS POSITION: Strategy and Product Planning Define and execute product strategy by conducting voice of the customer (VOC) and market research Translate customer needs into meaningful innovation, partnering with engineering to develop and launch Develop, deliver, and support commercialization activities to meet product line performance goals Market Research, Analysis, and Competitive Intelligence Lead market research for existing products, new products, technologies, and new emerging markets such as utility power, renewable energy, Continually monitor and assess competitive products and programs Investigate partnership, private label or M&A opportunities Communicate key findings and conclusions to stakeholders to drive action Product Launches, Marketing and Sales Support Lead and be the face of new product introductions for internal audiences, sales channel, and end customers. Support marketing aspects associated with the product definition, product development, pricing, market introduction, sales tools, and promotion plans Product Life Cycle Management and Performance Be the business leader for your portfolio, managing entire product life cycle from idea, development, introduction, maturity and obsolescence Lead all product related activities for assigned products Champion cross-functional activities to improve overall product line performance including revenue growth, margin improvement, cost reduction, quality and delivery

Requirements

• BS or BA degree required; preferably in Marketing, Engineering or Business
• 3+ years of Product Management, Product Marketing, or Program Management required.
• Ability to travel (up to 15%) both domestically and internationally.
• Ability to work from our Anoka, MN office in a hybrid office environment.

Nice To Haves

• Experience and/or exposure in the industrial automation, industrial electrical contractor, or power utility markets is helpful.
• Hands on experience working with industrial channels of distribution including distributors, direct sales and manufacturer’s reps is helpful.

Responsibilities

• Define and execute product strategy by conducting voice of the customer (VOC) and market research
• Translate customer needs into meaningful innovation, partnering with engineering to develop and launch
• Develop, deliver, and support commercialization activities to meet product line performance goals
• Lead market research for existing products, new products, technologies, and new emerging markets such as utility power, renewable energy,
• Continually monitor and assess competitive products and programs
• Investigate partnership, private label or M&A opportunities
• Communicate key findings and conclusions to stakeholders to drive action
• Lead and be the face of new product introductions for internal audiences, sales channel, and end customers.
• Support marketing aspects associated with the product definition, product development, pricing, market introduction, sales tools, and promotion plans
• Be the business leader for your portfolio, managing entire product life cycle from idea, development, introduction, maturity and obsolescence
• Lead all product related activities for assigned products
• Champion cross-functional activities to improve overall product line performance including revenue growth, margin improvement, cost reduction, quality and delivery

Benefits

• Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.
• A 401(k) retirement plan and an employee stock purchase plan — both include a company match.
• Other supplemental benefits such as tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and legal & identity theft protection.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees