Caterpillar, Inc

Technical Product Manager

Caterpillar, Inc$128K — $208K *
Information Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years of experience in Product Management, particularly in software.
  • Strong understanding of business analysis and effective decision-making frameworks.
  • Capability in software engineering methodologies and best practices.
  • Proven background in commercializing APIs and data analytics.
  • Understanding of software product business operations, including product vision and management.

Responsibilities

  • Maximize product value and define development work for multiple scrum teams.
  • Act as Product Manager for larger, complex projects with significant organizational impact.
  • Create and prioritize the Product Backlog based on business value throughout the project lifecycle.
  • Communicate backlog priorities effectively to the development team.
  • Make key decisions regarding product features and release content.
  • Convey the product vision to the team and stakeholders.
  • Interface with customers to gather and represent their feedback.

Benefits

  • Medical, dental, and vision benefits for full-time and part-time employees.
  • Quality paid time off plan including vacation and holidays.
  • 401(k) savings plans with employer contributions.
  • Health Savings Accounts (HSA) to help manage healthcare expenses.
  • Flexible Spending Accounts (FSA) for additional tax savings.
  • Access to health lifestyle programs promoting well-being.
  • Employee Assistance Program for personal support.
  • Tuition reimbursement to aid career growth and education.
  • Parental leave and adoption benefits for family support.
  • Voluntary benefits and employee discounts enhancing overall compensation.
Full Job Description
Career Area:
Technology, Digital and Data

Job Description:

Job Summary:
As part of Cat Digital's Technical Product Management team you will be a part of creating the next generation of digital solutions to enable enterprise growth in prime sales and aftermarket parts and services. Primary responsibilities include developing product requirements, technical solutions, and engineering roadmaps with an emphasis on maximizing solution re-use, customer value and enterprise value.

What You Will Do:

Maximize the value of the product and define work for multiple scrum teams. Collaborate with Product Owners, System Engineering, Data and Analytics Architects & Platform Architects to own and progressively elaborate functional and non-functional Epics and Features for the Development Teams to deliver. The Product Manager is empowered to make all decisions regarding the Technical Product Backlog.
  • Responsible for maximizing the value of the product and the work of the Development Team
  • Responsible for acting as Product Manager for larger, more complex projects with high value to the organization
  • Responsible for creating, maintaining and prioritizing the Product Backlog according to business value for the life of the project
  • Communicate Product Backlog priorities to the team
  • Act as the key decision-maker regarding what features the product will have
  • Responsible for product vision and conveying that vision to the team
  • Owns definition of acceptance criteria for product features
  • Work closely with key stakeholders throughout the organization
  • Responsible for making decisions on release dates and content
  • Represent the customer, interfacing and engaging with the customer
  • Communicates releases to stakeholder and customers
  • Employee is also responsible for performing other job duties as assigned by Caterpillar management from time to time.


What You Will Have:
  • Business Analysis: Knowledge of business analysis and the set of tasks, techniques and tools required to identify business needs; ability to recommend solutions that deliver value to stakeholders.
  • Decision Making and Critical Thinking: Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
  • Effective Communications: Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
  • Software Product Business Knowledge: Knowledge of and experience with the business aspects and operation of a software product; ability to manage install base, current uses, future plans, and product vision.
  • Software Engineering: Knowledge of software engineering methodologies and best practices.

Consideration For Top Candidates:
  • Lead programs from product strategy and building roadmaps.
  • At least 4 years of experience in Product Management in the software space.
  • Data analytics and commercializing APIs
  • Business level Product Management (Applications or data platform)
  • Cat domain knowledge


Additional Details:
  • This position requires the candidate to be based in either Chicago, IL or Peoria, IL
  • Relocation assistance is NOT available for this position
  • Visa sponsorship is NOT available with this position.


Summary Pay Range:

$128,470.00 - $208,770.00

Compensation and benefits offered may vary depending on multiple individualized factors, job level, market location, job-related knowledge, skills, individual performance and experience. Please note that salary is only one component of total compensation at Caterpillar.

Benefits:

Subject to plan eligibility, terms, and guidelines. This is a summary list of benefits.
  • Medical, dental, and vision benefits*
  • Paid time off plan (Vacation, Holidays, Volunteer, etc.)*
  • 401(k) savings plans*
  • Health Savings Account (HSA)*
  • Flexible Spending Accounts (FSAs)*
  • Health Lifestyle Programs*
  • Employee Assistance Program*
  • Voluntary Benefits and Employee Discounts*
  • Career Development*
  • Incentive bonus*
  • Disability benefits
  • Life Insurance
  • Parental leave
  • Adoption benefits
  • Tuition Reimbursement


* These benefits also apply to part-time employees

Posting Dates:
July 16, 2026 - July 29, 2026

Any offer of employment is conditioned upon the successful completion of a drug screen.

Not ready to apply? Join our Talent Community.

About Caterpillar, Inc

Progress Rail Services Corporation, a Caterpillar company, is one of the largest integrated and diversified suppliers of railroad and transit system products and services worldwide. Since its acquisition by Caterpillar Inc. in 2006, Progress Rail has used the Caterpillar international footprint to gain quick and widespread notice and approval across the globe. Product technology, reliability and durability, along with legendary aftermarket parts and service support, have been their keys to success. Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The technology and world reach of Caterpillar, combined with the service standard and historical reliability of Progress Rail, ensures their products and services make a growing impact on the world rail industry. With their acquisition of Electro-Motive Diesel (EMD), Progress Rail is the world's largest builder of diesel-electric locomotives for all commercial railroad applications including freight, intercity passenger, commuter, switching, industrial and mining. EMD is also a global provider of diesel power engines for marine propulsion, offshore and land based oil well drilling rigs and stationary power generation. Electro-Motive is the only diesel engine manufacturer of its size to have produced more than 70,000 engines. This success stems from product reliability, serviceability, load acceptance capability, low operating costs and ease of maintenance with standardized components.

Caterpillar, Inc. Careers

Join the robust team at Caterpillar, Inc., a global leader in construction and mining equipment, where innovation drives everything we do. As part of our team, you'll engage in work that improves the world and furthers your career with every project you touch.

Work You’ll Do

At Caterpillar, Inc., you will have the opportunity to contribute to a variety of groundbreaking projects that extend across the globe. Our commitment to leadership in the industry is unwavering, and we achieve it through a culture that fosters diversity and leadership development.

Explore Job Opportunities and Growth

Caterpillar offers a wide range of job opportunities and career paths, providing a platform for professional growth and development. Whether you're interested in engineering, sales, marketing, or management, Caterpillar has a position that will utilize your unique skills and talents. We are continuously hiring innovative minds to propel our mission forward and maintain our status as industry leaders.

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Kickstart your career with a Caterpillar internship. Our internships provide invaluable workplace experience and networking opportunities that often lead to full-time employment at our company. As an intern, you will work alongside experienced professionals and gain insights that will benefit you as you advance in your career.

Benefits and Culture

Choosing a career at Caterpillar means more than just having a job. It means you're part of a team that values diversity and is committed to creating an inclusive environment. We offer competitive benefits to ensure the health and well-being of our employees and their families. These benefits include health insurance, retirement plans, and paid time off, alongside unique perks like professional development and diversity training programs.

Innovation and Leadership

Drive innovation and industry leadership as part of the Caterpillar team. We empower our employees to lead from their first day on the job, encouraging continuous improvement and career advancement. At Caterpillar, your ideas will shape the future of our business and the industries we serve.

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Prepare for Your Interview

Make a great first impression. Prepare for your interview at Caterpillar by reviewing common questions and practicing your responses. Tailor your resume to highlight the experiences and skills that make you the ideal candidate for the position you are applying for. At Caterpillar, Inc., every role offers the chance to make an impact. Come be a part of our team and drive the future of our global industries. Your career at Caterpillar is not just about what you'll accomplish, but how you'll grow and the innovation you'll lead. Join us and build a career that matters.
Learn more about Caterpillar, Inc
Size
107,700 employees
Market Cap
$125.3 billion
Industry
Net Income
$2.9 billion
Founded
1925
5 Year Trend
+5.8%
Revenue
$41.7 billion
NASDAQ

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