Product Manager Engine Oils

Lubrizol Corporation; Shottlegate; Hybrid; GBP 50,000 - 90,000; Full time

Job summary

Join a forward-thinking company as an Engine Oils Product Manager, where you'll lead the development of innovative strategies for Engine Oil additives. This role offers the opportunity to collaborate with diverse teams and make impactful decisions that drive market competitiveness and profitability. Your expertise will guide product development, pricing strategies, and marketing communications, ensuring that our offerings meet customer needs and market trends. If you're passionate about product management and ready to make a difference in a dynamic environment, this is the role for you!

Qualifications

• 5+ years in Sales, Marketing, Technology Deployment, or Product Management.
• Strong understanding of financial aspects including pricing and profitability.

Responsibilities

• Develop and execute product strategies for Engine Oil additives.
• Collaborate with cross-functional teams to drive product lifecycle management.

Skills

Product Management

Market Analysis

Communication Skills

Leadership

Business Acumen

Education

Bachelor’s degree in Marketing

MBA

Job description

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Job type :Permanent

Type of role :Hybrid

Join our Thriving Team at Lubrizol as a Engine Oils Product Manager

At Lubrizol we’re a leader in additive technology for both Large and Small Engine oils. If you are ready to join an international company with talent around the world, and want to make a real impact, we want you on our team.

As aProductManager, you'll be at the forefront of developing and driving market and customer focused product line strategies to deliver the long-term financial health of the portfolio. You'll collaborate with a diverse group of passionate individuals to deliver sustainable solutions to advance mobility, improve wellbeing and enhance modern life. Your work will directly impact the overall competitiveness and profitability of our portfolio of products.

What You’ll Do

• Develop and execute the European Large & Small Engine Oil additive product, price, promotion and place strategy.
• Become a subject matter expert in relevant market segments including Marine, Stationary Gas, Motorcycle, Power Tool & Recreational applications.
• Liaise with customers and OEM’s in collaboration with our account management teams to develop partnerships, determine product approaches and pricing strategies.
• Drive business growth through the creation and implementation of insights-based market development and penetration strategies.
• Collaborate with other Product Managers, Strategic Marketing and a wide stakeholder network to develop a deep understanding of customer needs, market trends, and competitive landscape to guide product development and positioning. Become the subject matter expert.
• Liaise with base oil manufacturers to gather insights and determine appropriate future product line coverage.
• Ensure effective marketing communications plans are developed and delivered by the marketing team for your assigned portfolio.
• Actively manage all stages of product lifecycle through introduction, growth, maturity, decline and obsolescence.
• Ensure volume forecasts are consistent with market trends.
• Develop pricing strategies that optimize profitability while remaining competitive in the market. Monitor product margins.
• Monitor product performance and make data-driven decisions to optimize the customer value proposition to capture market share.
• Provide inputs for the annual profit plan targets setting (volume, revenue, margin) and lead its execution.
• Work closely with technology to commercialise new products and provide ongoing product support.
• Collaborate with Operations, Procurement and Supply Chain to manage asset and operational decisions in support of product lines.
• Collaborate with sales teams to provide training and resources to effectively sell the product line.
• Develop market advocacy strategy, determine key market messages and co-ordinate with other regions as necessary.

What We’re Looking For

A strong product manager should be a well-rounded individual with a combination of technical, market, and business skills, as well as strong communication and leadership abilities.

• Bachelor’s degree, preferably in Marketing, Business Administration, Chemistry, Chemical Engineering, or related discipline. Candidates with an MBA are desirable.
• A minimum of 5 years of prior experience in combination of Sales, Marketing, Technology Deployment, or Product Management roles. Experience within the specialty chemicals industry or industrial lubricants is considered a plus.
• Business Acumen: Good understanding of the financial aspects of the product line, including pricing, margins, and profitability. Ability to make sound business decisions based on financial analysis.
• Leadership and Collaboration: Ability to lead, motivate and collaborate effectively with cross-functional teams, including R&D, operations, sales, and marketing.
• Communication Skills: Strong written and verbal communication skills to effectively interact with a variety of stakeholders, including customers, internal teams, and senior leadership.
• Market Understanding: Strong understanding of the relevant markets, including customer needs, competitor analysis, and market trends.
• Technical Knowledge: Good understanding of the technical aspects of the products, including chemical composition, applications, and manufacturing processes.
• Strong organizational skills: ability to manage and prioritize tasks and projects. Capable of independent action, takes initiative.

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