Senior Product Manager, Service & Pricing Strategy (Hybrid)

Trane Technologies plc; Saint Paul (MN); On-site; USD 147,000 - 205,000; Full time

Benefits offered by this job

Health insurance

401K match

Tuition assistance

Paid time off

Job summary

Trane Technologies plc is seeking a seasoned Product Manager to help lead the Service Products Growth Team. You will collaborate with Product Management, Engineering, and Operations to drive profitable service growth and implement pricing strategies.

This on-site role in Minnesota offers a competitive base salary and incentives. You should have 5–7 years in product management and a technical degree, with up to 25% travel.

Qualifications

• 5-7 years of experience in product management, strategic marketing, or a related field.
• Bachelor's degree required. A technical bachelor’s degree is preferred.
• Strong knowledge of HVAC applications and systems is highly preferred.
• Experience with strategic pricing is a plus.
• Ability to travel up to 25% of the time

Responsibilities

• Contribute to the Trane Service Products Growth Team (PGT), a cross-functional team that includes Product Management, Engineering, and Operations and other stakeholders, all focused on driving profitable growth.
• Support the development of the services strategy, long-range plan, and annual operating plan for the service business.
• Actively manage the day-to-day needs of the service offering, with a particular focus on implementation of new pricing strategies.
• Conduct regular industry, market, and competitor analyses, including detailed segmentations of end consumers and customers.
• Contribute to the development and execution of a multigenerational product plan (MGPP) for service products, ensuring that the positioning, pricing, cost, margins, and customer value proposition support the overall building services strategy.
• Collaborate with other service and equipment product managers to ensure the strategy supports broader system initiatives and a smooth integration with Trane's overall strategy.
• Strong collaboration with the product support and applications team ensuring that our efforts for product support are well documented for field action.
• Support the creation and execution of marketing and commercialization plans for new services offerings.
• Review and recommend adjustments to offer structure, pricing, policies, or service features to better meet customer needs and expectations, based on regular product line reviews. Ensure pricing changes to all existing offerings to cover for inflation, market trends, competitor actions, changes to offer structure or features, and/or lifecycle stages.

Skills

Product management

Strategic marketing

Analytical skills

Communication

Education

Bachelor's degree

Job description

Trane Technologies plc is seeking a seasoned Product Manager to help lead the Service Products Growth Team. You will collaborate with Product Management, Engineering, and Operations to drive profitable service growth and implement pricing strategies.

This on-site role in Minnesota offers a competitive base salary and incentives. You should have 5–7 years in product management and a technical degree, with up to 25% travel.