Trane Technologies

Senior Product Manager- Smart Services (Remote)

Trane Technologies$158K — $220K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in product management or strategic marketing.
  • Bachelor's degree required; technical degree preferred.
  • Strong knowledge of HVAC systems and applications highly preferred.
  • Experience with strategic pricing is an advantage.
  • Willingness to travel up to 25%.

Responsibilities

  • Contribute to Trane's Service Products Growth Team focused on profitable growth.
  • Support the long-range and annual operating plan for the service business.
  • Manage daily needs of service offerings, emphasizing new pricing strategies.
  • Conduct market and competitor analysis with detailed customer segmentations.
  • Develop and execute a multigenerational product plan for service products.
  • Collaborate with product managers to ensure strategy alignment with broader initiatives.
  • Work closely with product support teams to document field action needs.
  • Create and execute marketing plans for new service offerings.

Benefits

  • Health insurance and wellness programs available from DAY ONE.
  • Family building benefits, including fertility coverage and adoption assistance.
  • 401K match up to 6%, with an additional 2% company contribution.
  • Generous paid time off including vacation, holidays, and floating days.
  • Educational and training opportunities with tuition assistance support.
Full Job Description
Where is the work:
Virtual

This Product Manager will support the development and management of smart services product offerings for the North America Commercial HVAC business at Trane. This role is a key contributor to the product management team and is responsible for supporting the product strategy, contributing to cross-functional team projects, and assisting with strategic pricing, multigenerational product plans, new product development programs/processes, commercialization, customer research, and go-to-market strategy.

We are seeking an energetic and results-driven product management professional who can contribute to a strategic vision and execute plans to deliver business results. This individual should possess excellent communication skills and be looking for an opportunity to grow and develop with a leading diversified industrial company.

Major 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.


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


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:
$158,238.33 - $220,955.00
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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