Trane Technologies

Product Manager- Smart Services

Trane Technologies$117K — $164K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2-5 years of experience in product management or strategic marketing.
  • Bachelor's degree required; technical degree preferred.
  • Strong knowledge of HVAC applications and systems is preferred.
  • Experience with strategic pricing is advantageous.
  • Ability to travel up to 25% of the time.

Responsibilities

  • Contribute to a cross-functional team focused on driving profitable growth.
  • Support development of service strategy and annual operating plans.
  • Manage day-to-day service offering needs, including pricing strategies.
  • Conduct industry and market analyses, including competitor segmentation.
  • Develop a multigenerational product plan for service products.
  • Collaborate with product managers to align strategy with broader initiatives.
  • Document product support efforts to ensure field action is effective.
  • Create and execute marketing and commercialization plans for new services.

Benefits

  • Health insurance and wellness programs available from DAY ONE.
  • Family building benefits like fertility coverage and adoption assistance.
  • 401K match up to 6%, with an additional 2% company contribution.
  • Generous paid time off policy including 15 vacation days and holidays.
  • Educational opportunities including tuition assistance and student debt support.
Full Job Description
Where is the work:
Monday to Thursday, work onsite with your colleagues. Fridays, choose your work location, balancing what your work requires.

The Product Manager will support the development and management of smart services product offerings for Trane's North America Commercial HVAC business. This role partners with a broader product team to help drive revenue growth, maintain market share, and expand margins across assigned product categories.

This position is ideal for a highly organized, proactive, and detail-oriented product professional who thrives in a fast-paced, deadline-driven environment.

Strong communication skills, anticipates next steps, follows up proactively, identifies risks early, communicates project status clearly, and helps keep projects on track to deliver business results. This is a highly visible role, which offers growth potential toward senior product leadership or broader general management opportunities.

What you will do:
  • 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.


What you will bring:
  • 2-5 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


Competencies:
  • Excellent written and verbal communication skills.
  • Demonstrated ability to influence and work effectively in a team environment.
  • Strong quantitative and analytical skills.
  • Strong strategic thinking skills.


Annual Base Salary Range or Hourly Base Pay Range:
$117,673.33 - $164,675.00
Compensation Type:
Salary
Incentive Eligible:
Yes
Sales Commission Eligible:
No

Disclaimer: We strive to provide competitive compensation for this position, tailored to a variety of factors. The actual compensation will depend on elements such as seniority, merit, geographic location, education, experience, travel requirements, and union designation. Our compensation range is generally based on the national average for the country. Additionally, benefits may vary depending on the region, business alignment, union involvement, and employee status.

Thrive at work and at home:

  • Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives - WE DARE TO CARE!
  • Family building benefits include fertility coverage and adoption/surrogacy assistance.
  • 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.
  • Paid time off includes 15 vacation days, 9 paid holidays, 3 floating holidays, sick leave, and additional options to support volunteer and parental leave.
  • Educational and training opportunities through company programs along with tuition assistance and student debt support.


Disclaimer: Benefit offerings may vary depending on Collective Bargaining Agreements and local/state regulations.

Safety Sensitive Role:
No
The company designates certain roles as Safety Sensitive. Safety Sensitive roles may require that you pass additional drug screening.

About Trane Technologies

Trane Technologies is a global climate innovator. Through our strategic brands Trane and Thermo King, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Our innovative solutions have helped make buildings and homes comfortable, while more energy efficient and environmentally friendly. We also provide transport temperature control solutions that are used in the food, beverage and pharmaceutical sectors. Trane Technologies is committed to achieving carbon neutrality by 2030 and has been named to the Dow Jones Sustainability World Index for the tenth consecutive year.
Learn more about Trane Technologies
Size
37,000 employees
Market Cap
$39 billion
Industry
Net Income
$854.8 million
5 Year Trend
+0.9%
Revenue
$12.4 billion
NASDAQ

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