Associate Product Manager - Connected Water

About the position Are you interested in being a part of a fast growing, agile product management team that brings new smart, connected products to market? Moen’s Connected Smart Water team has a new opening for an Associate Product Manager based at our Global Headquarters in Deerfield, IL. As Associate Product Manager, you will be a key member on our Connected Products Water Group. The Associate Product Manager will assist in executing product roadmaps and helping to ensure that the strategic vision for their team is driven by the overall Moen Connected Products Water business vision. You will have an understanding of the target market/industry/user and build close relationships with key stakeholders to ensure that the team’s effort is aligned with overall strategy. This role assists in managing dependencies with other teams’ functions while identifying, building and managing productive partnership across the different teams. You will work closely with the project, development, marketing, and sales teams to ensure business value is maximized. The Associate Product Manager will be accountable for specific business OKRs based on product line needs. This would be a great opportunity for an individual in the early stage of their career to learn and grow into becoming a Product Management Professional. This role would also be ideal for someone with a business analytics background to transition into product management.

Responsibilities

• Partner with Finance, Demand Planning, Sales, and Marketing to maintain and analyze product and market related data for the Connected Products Water Team.
• Assist with developing the product portfolio strategy for assigned Team product lines.
• Assist in executing a 3-year product roadmap plan through conducting ongoing competitive, market, and Voice of Customer (VOC) analysis to deliver best-in-class solutions.
• Partner with cross-functional product development (hardware & software) teams to help execute new product introductions and provide marketing leadership at business tollgates.
• Assist in Articulating product requirements and features to multiple teams (hardware & software) to deliver on value proposition, unique selling proposition, price, margin and supply for new product development.
• Assist with pricing decisions for assigned product portfolio driving revenue and margin contribution to achieve P&L objectives.
• Help define market segment priorities and partner with Sales & Marketing (Product/Channel/Brand) to establish go-to-market strategies and plans to achieve P&L objectives.
• Assist with product lifecycle management for assigned product portfolio, including product launches, focus on ongoing sustained product quality and managing plans for discontinuing product.
• Develop product training content to be delivered internally (to Sales team) and externally (to customers) through Channel Marketing.
• Partner with other Marketing functions to develop product collateral for successful commercialization of product category.
• Other duties assigned by product managers.

Requirements

• 2+ years of experience in Product Management, Category Management, Marketing or Business Analytics; should demonstrate a deep passion for understanding how customers work and think and sales analytics.
• Bachelor’s Degree in Marketing, Business, a related field, or equivalent experience required.
• Strong analytical skills, including ability to arrive at insights from analytical data, is essential for market and competitive evaluation, pricing and line management.
• High proficiency with Excel, ERP (SAP) and Data Analytics Tools (Tableau, Power BI).
• Strong communication skills with ability to communicate complex messages and trade-offs and tell a compelling story.
• Entrepreneurial mindset and passion to challenge status quo to find new solutions and drive out-of-the- box ideas – loves and embraces change.
• Able to build a sense of trust and rapport that creates a comfortable & effective workplace.
• Brings a high-energy and passionate outlook to the job and can influence those around them.
• Demonstrated ability to be a team player with skills to lead/participate in cross-functional teams.
• Ability to travel approximately 10%, mainly to trade shows & customer locations.

Benefits

• In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.
• At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits, adoption benefits, and more.
• We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.

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