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Allegion

Product Manager

Posted 3 Days Ago
Remote
Hiring Remotely in Minnesota
84K-132K Annually
Senior level
Remote
Hiring Remotely in Minnesota
84K-132K Annually
Senior level
The Product Manager will develop product strategies, manage product lifecycle, execute business cases, and collaborate across various teams to ensure successful product performance.
The summary above was generated by AI
Creating Peace of Mind by Pioneering Safety and Security

At Allegion, we help keep the people you know and love safe and secure where they live, work and visit. With more than 30 brands, 12,000+ employees globally and products sold in 130 countries, we specialize in security around the doorway and beyond. Additionally, in 2024 we were awarded the Gallup Exceptional Workplace Award, which recognizes the most engaged workplace cultures in the world.

Product Manager

The Product Manager is a highly collaborative position responsible for executing strategic product initiatives across the electronic product portfolio for Allegion's Home business. This position is responsible for ensuring near term and long-term profitability for the business by partnering with the Director of Product Management and executing on the product portfolio strategy, actively managing value propositions within programs, ensuring product line positioning, and all other aspects of product management.  This position enables and drives collaboration and partnership with multiple functions including engineering, marketing, sales, manufacturing, and sourcing, to achieve the successful execution of product plans and development and execution of product roadmaps.

   

Remote: 

At Allegion, we recognize that great talent and breakthrough ideas can come from anywhere. That’s why this position offers a flexible remote work arrangement, with occasional on-site visits as needed based on the role. Whether you’re working remotely or collaborating in person, we’re committed to providing the tools, support, and dynamic environment you need to succeed. At Allegion, your career thrives where innovation meets flexibility, empowering you to achieve your goals while maintaining a healthy work-life balance. 

While this is the current structure and we currently have no plans to change, we reserve the right to make changes to the remote schedule as needed at the Company’s discretion. 

Qualified candidates must be legally authorized to be employed in the United States. The company does not intend to provide sponsorship for employment visa status (e.g., H-1B, TN, etc.) for this employment position. 

What You Will Do:

Product Vision, Strategy & Execution:

  • Develop product strategy and manage product line(s) through research, market knowledge, and customer insights, identifying and evaluating current and future market opportunities and optimizing product line(s) to meet business objectives

  • Manage the product life cycle for assigned product line(s) including new product development & innovation opportunities, sunsetting and other enhancements in line with Allegion Home’s strategy

  • Develop strategy, gain alignment, and drive execution through collaboration and trusted partnerships with internal and external stakeholders

Business and P&L

  • Lead the development of business cases in partnership with cross-functional stakeholders that detail KPIs and/or financial expectations, market size, forecasts, investment, and commercialization strategy

  • Gather & synthesizes sales, market, customer, competitive, and other data to use as inputs when developing or adjusting the product strategy and making decisions for their product line(s)

  • Actively manage the performance of their product line(s) through financial metrics & KPIs; evaluates and determines actions to positively influence business performance

  • Leads and influences using strong business and financial acumen with ability to translate data analysis into actionable opportunities

Technical Aptitude:

  • Acts as go-to expert on their assigned product(s) within the organization; Has a working understanding of how the product is designed, built, and transacted.

  • Well-versed in industry/regulatory certifications and building codes that may apply to their portfolio

  • Understands product application best practices (install, maintenance, support, etc.)

  • Understands how the product line fits within the greater ecosystem of products it surrounds

Customer Empathy & External Market:

  • Maintain comprehensive knowledge of markets, channels, consumer/customer needs, industry trends and go-to market strategy; consistently evaluating future market opportunities, threats, and internal business goals to adjust product strategy as needed

Communication & Collaboration:

  • Maintain close, trusting relationships with stakeholders. Inspiring, influening, and aligning others toward shared goals

  • Clearly and concisely communicate product information ensuring shared understanding throughout the organization

Leadership & Influencing:

  • Provide direction, mentorship, and/or coaching to others; may have direct management responsibility for early career talent

  • Present product line updates, strategy, prioritization and related information to stakeholders, other departments, and internal or external customers displaying command, presence, and ownership

What You Need to Succeed:

  • Bachelor’s degree in Business, or technical field (Software, Electronics, Information Systems, etc.)

  • 5+ years of experience in product management or new product development

  • Expert understanding of smart home industry landscape, consumer needs, and competitive positioning

  • Experience with consumer electronic products or commercial electronic goods is strongly preferred.

  • Demonstrated ability to influence and communicate effectively with diverse range of internal and external audiences:  customers, sales personnel, engineering, finance, executive leaderships, etc. 

  • Proven ability to translate complex customer and channel needs into thoughtful, well-organized product requirements and product roadmaps

  • Proven strategic planning ability and track record of supporting profitable business growth.

  • Demonstrated ability to conceptualize, integrate, and execute new solutions within a business

  • Strong business and financial acumen (business cases, price positioning, product margin, commercialization strategy, channel management, etc.)

  • Proven ability to utilize research in the development and execution of new product development, pricing, and strategic planning

  • Ability to travel up to 30% required

Why Work for Us?

Allegion is a Great Place to Grow your Career if: 

  • You're seeking a rewarding opportunity that allows you to truly help others.  With thousands of employees and customers around the world, there’s plenty of room to make an impact. As our values state, “this is your business, run with it”.

  • You’re looking for a company that will invest in your professional development.  As we grow, we want you to grow with us. 

  • You want a culture that promotes work-life balance.  Our employees enjoy generous paid time off, because at Allegion we recognize that you have a full life outside of work! 

  • You want to work for an award-winning company that invests in its people. Allegion is proud to be a recipient of the Gallup Exceptional Workplace Award for the second year in a row, recognizing our commitment to employee engagement, strengths-based development, and unlocking human potential.

What You’ll Get from Us:

  • Health, dental and vision insurance coverage, helping you “be safe, be healthy”  

  • Unlimited Paid Time Off

  • A commitment to your future with a 401K plan, which currently offers a 6% company match and no vesting period 

  • Health Savings Accounts – Tax-advantaged savings account used for healthcare expenses

  • Flexible Spending Accounts – Tax-advantaged spending accounts for healthcare and/or dependent daycare expenses

  • Disability Insurance –Short-Term and Long-Term coverage, paid for by Allegion, provides income replacement for illness or injury

  • Life Insurance – Term life coverage with the option to purchase supplemental coverage

  • Tuition Reimbursement  

  • Voluntary Wellness Program – Simply complete wellness activities and earn up to $2,000 in rewards

  • Employee Discounts through Perks at Work 

  • Community involvement and opportunities to give back so you can “serve others, not yourself” 

  • Opportunities to leverage your unique strengths through CliftonStrengths assessment & coaching 

Compensation: This range is provided by Allegion. Your actual pay will be based on your skills and experience.

  • The expected Base Salary Range: $84,200 - $132,350. The actual compensation will be determined based on experience and other factors permitted by law.

  • Bonus Eligible: Yes

Apply Today!

Join our team of experts today and help us make tomorrow’s world a safer place!

Not sure if your experience perfectly aligns with the role? Studies have shown that some people are less likely to apply to jobs unless they meet every single qualification and every single preferred qualification of a job posting. At Allegion, we are dedicated to building a diverse, inclusive, and authentic workplace. So, if you’re excited about this role but your past experience doesn’t align perfectly with every item in the job description, we encourage you to apply anyway. You may be just the right candidate for this role.

We Celebrate Who We Are! 

Allegion is committed to building and maintaining a diverse and inclusive workplace.  Together, we embrace all differences and similarities among colleagues, as well as the differences and similarities within the relationships that we foster with customers, suppliers and the communities where we live and work. Whatever your background, experience, race, color, national origin, religion, age, gender, gender identity, disability status, sexual orientation, protected veteran status, or any other characteristic protected by law, we will make sure that you have every opportunity to impress us in your application and the opportunity to give your best at work, not because we’re required to, but because it’s the right thing to do.   We are also committed to providing accommodations for persons with disabilities. If for any reason you cannot apply through our career site and require an accommodation or assistance, please contact our Talent Acquisition Team.

© Allegion plc, 2023 | Block D, Iveagh Court, Harcourt Road, Dublin 2, Co. Dublin, Ireland

REGISTERED IN IRELAND WITH LIMITED LIABILITY REGISTERED NUMBER 527370

Allegion is an equal opportunity and affirmative action employer

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Top Skills

Financial Analysis
Market Research
Product Management

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