Associate Product Manager

Company: Regal Rexnord Corp
Location: Downers Grove
Posted on: January 26, 2025

Job Description:

Job SummaryThe Associate Product Manageristhe subject matter expert in technical and commercial applications.In this role, the Manager develops and delivers technical and commercial training, conducts ongoing competitiveand marketanalyses, and oversees the implementation of commercialization and vitality initiatives to meet product line revenue targets.The Manager will maintain the product life cycle within the screw jack product family and provide commercial support to the Senior Product Manager for revenue growth, pricing strategies, and margin expansion while developing content to support the product marketing teams. Additionally, the Manager will develop collateral and tools to equip the sales organization and channel partners.This is a hybrid role and will be based 3 days per week at our Downers Grove IL facility supporting products manufactured in Marengo IL and Cleveland OH.Essential Duties and ResponsibilitiesRevenue Growth:

• Manage product life cycle of existing products and services.
• Partner with sales and distribution channel to identify, pursue, negotiate, win, and sustain attractive business
• Coordinate and project manage customer opportunities and growth initiatives across the organization.Margin Expansion:
  • Prepare cost estimates and price recommendations to ensure attainment of revenue and margin targets
  • Update data, systems, and processes to ensure accurate and timely pricing
  • Work with Engineering, Manufacturing and suppliers as needed to support product cost reductions and supply chain initiativesCollateral, External Communication, and Promotions
    • Provide content to Marketing Communications in support of external product promotion programs, creative campaigns, and online product information
    • Educate, train, and inspire sellers and distributors to effectively value sell our products and grow our market shareMarket Research & Strategy Development for new product development
      • Collect Voice of Customer (VOC) and market trend feedback continuously
      • Collect and prepare competitive product feature comparison spreadsheets, pricing analyses
      • Support Senior Product Manager in the development and execution of strategic initiativesEducation and Experience Requirements
        • Bachelor's Degree in Engineering, Business, or related technical field with 3-5 years relevant experience. In lieu of Bachelors degree, 10+ years relevant experience.
        • Ability to navigate between internal departments to build relationships, enable information flow, and customer wins.
        • Aptitude to develop technical expertise for linear motion products.
        • Experience working in manufacturing.
        • Comfortable working in cross-functional, commercial, and multi-cultural teams.
        • Knowledge of basic financial fundamentals (price, cost elements, margin, etc.)
        • Ability to sell to both internal and external customers
        • Ability and willingness to travel (domestic and international) once a month to visit manufacturing facilities, participate in sales calls, etc. Maximum travel is up to 25%.Expected Salary: $53,000-80,200 annually.Please note that compensation is based on a variety of factors when extending offer, including but not limited to, the role, responsibilities, candidate experience, education, qualifications, and business considerations.#LI-HYBRIDBenefits
          • 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 AssistanceAbout Regal RexnordRegal 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 .Equal Employment Opportunity StatementRegal 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 . 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 .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.

Keywords: Regal Rexnord Corp, Waukegan , Associate Product Manager, Executive , Downers Grove, Illinois