Product Manager- Industrial Electrical Products

Work Model: This role can be performed remotely from an approved location, with flexibility based on business needs and applicable requirements. ____________________ Position Title: Product Manager – Industrial Electrical Products Position Description: We are looking for a Product Manager to lead a portfolio of industrial electrical products at Marathon Special Products, including terminal blocks, fuse holders, power distribution blocks (PDBs), and related accessories. In this role, you will own product strategy, drive profitability, and lead new product development from concept through launch. You will work closely with customers, sales teams, and engineering to translate voice of customer (VOC) insights into actionable product improvements and new offerings. This role has direct impact on revenue growth, margin performance, and long-term portfolio direction. Principle Duties / Responsibilities: Own the full product lifecycle for assigned product lines, including strategy, roadmap, pricing, and profitability  Lead new product development efforts and drive projects from concept through commercialization, including business case development and launch execution  Gather and translate voice of customer (VOC) insights into product requirements, design improvements, and new product opportunities  Collaborate with sales, customers, and key accounts to understand application needs and define product solutions  Partner with engineering to develop specifications, performance requirements, and cost targets  Work with sourcing and suppliers to manage cost, quality, and supply continuity, including engagement with global suppliers  Develop and execute pricing strategies to improve margins and support growth objectives  Support commercial teams with product training, technical documentation, and customer engagement  Drive portfolio optimization including product rationalization, line extensions, identification of market gaps, and product lifecycle management Monitor product performance and implement actions to achieve revenue, margin, and growth targets  Prepare and present business cases, forecasts, and product updates to leadership Interactions: Engineering: Define product requirements, review designs, resolve technical tradeoffs, and support validation through development and launch phases  Sales & Commercial Teams: Gather VOC, support customer engagements, align on market needs, and enable go-to-market execution  Customers/OEMs: Understand applications, validate product concepts, and ensure solutions meet real-world requirements  Operations/Manufacturing: Align on manufacturability, cost targets, capacity, and production readiness prior to launch  Supply Chain/Sourcing: Engage suppliers on cost, quality, technical requirements, and continuity of supply strategy  Quality & Regulatory: Ensure products meet performance expectations, compliance standards, and certification requirements (e.g., UL)  Finance: Build business cases, manage pricing strategy, and track revenue and margin performance  Leadership: Provide updates on portfolio performance, NPD progress, and strategic direction  Cross-functional project teams: Lead collaboration through key development milestones, ensuring alignment on scope, timing, cost, and deliverables throughout the product development lifecycle  Minimum Qualifications: 5+ years of experience in product management, engineering, or a related technical role  Bachelor’s degree in Engineering, Business, or a related field  Manufacturing industry experience is required Experience with industrial or technical products is required; experience in electrical components or power distribution is preferred Strong ability to gather and translate customer requirements into product and business decisions  Strong financial acumen including pricing, cost analysis, and margin management  Ability to work cross-functionally with engineering, operations, sourcing, and commercial teams  Effective communication skills with ability to engage customers, internal stakeholders, and leadership Desired Qualifications: Experience with low-voltage electrical components such as terminal blocks, fuse holders, or power distribution blocks (PDBs)  Experience working directly with customers or sales teams to support product applications and solutions  Experience with global sourcing and supplier engagement  Familiarity with UL standards, electrical compliance, or product certification requirements  Experience leading new product development in a structured environment Work Type / Location Remote with travel up to 25–40% as needed to support customer visits, supplier engagement, and product validation. Expected Base Salary Range: $115,000-135,000 The salary range provided is intended to display the value of the company's base pay compensation for this position. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, the geographic market of that location, candidate's skill set, level of experience, education and internal peer compensation comparisons among other potential factors. #LI-KM2 #LI-remote 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 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.