Jobs Companies Regal Rexnord Product Manager- Industrial Electrical Products

About this Product Manager- Industrial Electrical Products role at Regal Rexnord

Regal Rexnord · Onsite · Bowling Green, Ohio, United States
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. 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 RegalRexnord.com.


Equal Employment Opportunity Statement

Regal 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, pregnancy, age, ancestry, national origin, genetic information, 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 for protected veterans/individuals with disabilities or policy statement, please email [email protected]. 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 [email protected].


Equal Employment Opportunity Posters


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.

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How this Product Manager salary compares

This role pays $125,000/yrbelow the typical range for Product Manager roles.

$107,500 median $170,100 $240,000

Typical range $135,256–$205,000/yr, from 4,771 comparable Product Manager listings on JobsRadar (pay annualized to USD). See Product Manager salary insights →

About Regal Rexnord

At Regal Rexnord, our business purpose is to create a better tomorrow with sustainable solutions that power, transmit and control motion. Our Values Our values frame our culture - a shared understanding of how we think and act relative to our key stakeholders. We center our behaviors, actions and decisions around the following values: Integrity Responsibility Diversity, Engagement & Inclusion Customer Success Innovation with Purpose Continuous Improvement Performance Passion to Win ….with a Sense of Urgency

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