Product Portfolio Manager - Commercialization

Socket.dev; Minneapolis (MN); Hybrid; USD 84,000 - 115,000; Full time

Benefits offered by this job

Annual Incentive Program

Medical/Pharmacy Plan

Dental

Vision

Life Insurance

401(k) Plan

Job summary

Xcel Energy in Minneapolis, MN is seeking a seasoned Product Management leader to manage the product lifecycle and market strategy across DSM and Mass segments.

You will drive pricing, channel strategies, launches, and customer retention while ensuring profitability, regulatory compliance, and strong cross-functional collaboration to deliver on P&L goals and customer value.

Hybrid work model with meaningful flexibility and opportunities to influence energy solutions across multiple states.

Qualifications

• College degree required.
• MBA preferred.
• Four years of experience in marketing, product management or product development.
• Team leadership with strong communication and results.

Responsibilities

• Define the product market vision and portfolio strategies.
• Oversee marketing mix including pricing, channels, launches, and retention.
• Develop budgets, forecasts, DSM and profitability goals with P&L accountability.
• Ensure regulatory compliance across states.
• Collaborate with product development of new technologies.

Skills

Product life cycle

Marketing mix

P&L management

Cross-functional leadership

Regulatory awareness

Communication skills

Education

Bachelor's degree

MBA preferred

Job description

Xcel Energy(NASDAQ:XEL)is a leading energy providerand Fortune 500company,dedicated toserving millions ofelectricity andnaturalgascustomersacross eight states:Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota,New Mexicoand Texas.We make energy work better forourcustomers, helping them thrive every day. That means always raising the bar-delivering better service and providing more reliable, resilient,and sustainable energy.

Xcel Energy is a place where you’ll have opportunities to grow, expand your skills, and help lead the clean energy transition. We offer meaningful rewards, recognition, and support to help you build your career and make an impact - both on the job and beyond. Most importantly, it means you’ll be joining a company that knows employees are the driving force behind its success and is committed to helping you be your best.

Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday–Thursday); however, work location expectations vary based on role, team, and business needs.

Position Summary

Manage all aspects of product life cycle to meet or exceed P&L or DSM goals across C&I or Mass segments. Manage all aspects of the portfolio's marketing mix, communications, training, and support needs. Drive effectiveness of product delivery and customer satisfaction.

Essential Responsibilities

• Responsible for the corporation's product market vision, plans and status to meet market segments' needs and product goals. Oversee and ensure all portfolio strategies meet corporate and customer needs.
• Implement all aspects of portfolio's marketing mix including: pricing, sales channels, launch activities, acquisition and retention, life-cycle management and customer migration paths. Manage all aspects of daily product portfolio issues across segments to meet goals. Provide work direction to achieve goals.
• Develop budgets, sales forecasts, DSM and profitability goals. Track the progress of each portfolio (P&L) and product against target. Accountability to product P&L. Ensure programs are being implemented within regulatory policies and requirements (specific for each state).
• Drive and champion recommendations to Product Development of new technologies available. Ensure product content and prices are accurate.

Minimum Requirements

• College degree required.
• MBA preferred.
• Four years of experience in marketing, product management or product development is required.
• Team and peer leadership with excellent communications skills and proven results.
• For DSM portfolio management, two years experience with regulatory requirements and conservation programs is mandatory.

Preferred Requirements:

• Product development or commercialization experience
• Experience bringing new utility technologies or business models to market

Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together.

Our Values

Connected, Committed, Trustworthy, Safe

Our Employee Commitments

• Work that makes a difference
• A team you can count of
• Opportunities to grow
• Rewards that help you thrive

Xcel Energy provides jobapplicantsreasonable accommodations for disabilitiesthroughout the application process. If youare in need ofanaccommodationto complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form.

Non-Bargaining

The anticipated starting base pay for this position is: $84,000.00 to $115,000.00 per year

• Annual Incentive Program
• Medical/Pharmacy Plan
• Dental
• Vision
• Life Insurance
• Dependent Care Reimbursement Account
• Health Care Reimbursement Account
• Health Savings Account (HSA) (if enrolled in eligible health plan)
• Limited-Purpose FSA (if enrolled in eligible health plan and HSA)
• Transportation Reimbursement Account
• Short-term disability (STD)
• Long-term disability (LTD)
• Employee Assistance Program (EAP)
• Fitness Center Reimbursement (if enrolled in eligible health plan)
• Tuition reimbursement
• Transit programs
• Employee recognition program
• Pension
• 401(k) plan
• Paid time off (PTO)
• Holidays
• Volunteer Paid Time Off (VPTO)
• Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.

Deadline to Apply: 10/02/26

EEO is the Law (PDF) | Equal Opportunity Statement (PDF) | Employee Rights (PDF)

All Xcel Energy employees and contractors share responsibility for protecting the company's information and systems by adhering to cybersecurity policies, standards, and best practices, recognizing that cybersecurity is everyone's responsibility.

Accessibility Statement

Xcel Energy endeavors to make https://www.xcelenergy.com and https://jobs.xcelenergy.com accessible to any and all users. If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the Applicant Accommodation Request Form. For any other application related questions, including application follow-ups or technical issues, please use our Recruiting Assistance, Electra, for assistance. Electra can be found in the lower right-hand corner of our Xcel Energy Careers site.