Cerberus Capital Management

Product Manager – Service Contracts

Cerberus Capital Management$100K — $120K *
Lisle, IL 60532In-Person
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and at least 5 years in marketing, sales, or product experience and 1 year of lead experience; OR a Master's degree with 3 years of experience and 1 year of lead experience; OR 8 years of relevant experience with 1 year of lead experience.
  • Demonstrated success with product management, especially with conquest or pilot customers.
  • Strong analytical skills with proficiency in MS Excel.
  • Ability to create and deliver professional PowerPoint presentations to large audiences.
  • Comfortable presenting to large groups, in person or remotely.

Responsibilities

  • Manage product lines to enhance or distinguish product placement.
  • Conduct market research to identify business opportunities and customer needs.
  • Collaborate to establish effective pricing strategies.
  • Communicate voice of the customer (VOC) and voice of dealer (VOD) for product improvements.
  • Leverage customer feedback to develop solutions that optimize total cost of ownership.
  • Work cross-functionally for organizational alignment in product development.
  • Possibly lead strategic initiatives to transform customer experience.

Benefits

  • Comprehensive benefits package to support employee wellbeing.
  • Access to professional development opportunities.
  • Employee assistance programs for work-life balance.
  • Flexible working conditions to accommodate personal needs.
Full Job Description
Position Overview

International’s Service Contracts and Connectivity Group has a great opportunity for a Product Manager – Service Contracts to join our team!Our future value proposition goes far beyond the product as we are making a shift from offering products to providing comprehensive solutions.

The Product Manager – Service Contracts will be responsible for enhancing our product portfolio to better serve the owners and operators of our vehicles. The portfolio includes Extended Service Contracts, Maintenance Telematic products and other predictive offerings that help increase customer efficiency, improve confidence in Total Cost of Ownership, improve uptime, and drive customer brand loyalty.

Responsibilities
  • Manages product lines to enhance or distinguish product placement
  • Owns market research and monitors competitive activity to identify business opportunities and address customer needs
  • Works collaboratively to establish pricing strategies
  • Communicate VOC (voice of the customer) and VOD (voice of dealer) for product improvements and competitive positioning
  • Leverage feedback from customers to develop contracted solutions that will help optimize their total cost of ownership
  • Work cross functionally to ensure organizational alignment with all business plans to develop new products or enhance existing product lines
  • May be assigned to work on one or many strategic initiatives to positively transform the customer experience
Minimum Requirements
  • Bachelor's degree and at least 5 years of marketing, sales or product-related experience
  • At least 1 years of lead experience

OR

  • Master's degree and at least 3 years of marketing, sales or product-related experience
  • At least 1 years of lead experience

OR

  • At least 8 years of marketing, sales or product-related experience
  • At least 1 years of lead experience
Additional Requirements
  • Qualified candidates, excluding current employees, must be legally authorized on an unrestricted basis (US Citizen, Legal Permanent Resident, Refugee or Asylee) to be employed in the United States. We do not anticipate providing employment related work sponsorship for this position (e.g., H-1B status)
Desired Skills
  • Successful product management & demonstrated success with conquest or pilot customers
  • Capability to create professional PowerPoint presentations for large dealer or executive meetings
  • Demonstrated strong analytical skills and proficiency in MS Excel
  • Ability to travel to dealer and customer locations in person
  • Comfortable with new technology (software & hardware)
  • Comfortable presenting to large groups, in person or remote
  • Superior organizational and follow-up skills
  • Insurance, telematic, predictive AI, data driven maintenance, or warranty experience a plus
Benefits and Compensation

This position offers competitive market-based compensation, along with a comprehensive benefits package designed to support employee wellbeing. You can learn more about the benefits offered for this position by visiting https://careers.international.com/#benefits.The expected salary offered for this position will fall within the stated range, with the final offer based on the candidates' applicable skills, knowledge, and experience.

About Cerberus Capital Management

Cerberus Capital Management is a private equity firm that specializes in distressed investing. The firm was founded in 1992 by Steve Feinberg and William L. Richter. Cerberus has invested in a variety of industries, including automotive, healthcare, real estate, and retail. The firm is known for its aggressive approach to investing and has been involved in several high-profile deals, including the acquisition of Chrysler in 2007.
Learn more about Cerberus Capital Management
Size
1,000 employees
Industry

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