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Associate Product Manager

Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

Job Description

The Associate Product Manager for our Moen brand will be responsible for being a product expert and developing a comprehensive understanding of consumer and customer needs. The Associate Product Manger will be responsible for the full product lifecycle and will work to develop, manage and maintain our product portfolio.  The Associate Product Manager will work to continuously improve products and new product development.

Location: This position is eligible for a hybrid schedule based out of Deerfield, IL. Effective mid-2025, Fortune Brands will transition to a new world-class campus in Deerfield, bringing together associates from across our U.S. offices, brands, and functions. The campus will offer vibrant workspaces for collaboration, along with amenities for dining, onsite daycare, fitness, and recreation.

Travel Requirements: up to 15% travel to customer locations

What you will be doing:

  • Provide critical input to situational analysis for assigned product portfolio as part of the annual strategic planning process.
  • Develop and execute on 3-year product plan conducting ongoing analysis to align timing and resources.
  • With approval from the Group Product Manager, provide pricing for assigned product portfolio driving revenue and margin contribution to achieve P&L objectives.
  • Lead cross-functional product development teams and provide marketing leadership at tollgates.
  • Partner with Innovation on the definition and scoping of projects. Ensure alignment with brand and SBU objectives.
  • Develop and conduct research with key customer base to gain market insight on design, functionality, and configuration.
  • Partner with Global Brand Marketing to ensure alignment of product with brand plan.
  • Create and maintain market landscapes that inform the product roadmap of gaps and opportunities with pricing, technology, functionality, and offering.
  • Partner with cross-functional product development teams (project management, engineering, supply chain, sourcing, and sales) on product plan execution.
  • Partner with channel marketing to establish Go to Market strategies and plans to achieve P&L objectives.
  • Partner with Marketing Services/Digital to develop 2D, 3D and digital product collateral.
  • Provide direction on value proposition, price, margin and supply for new product development.
  • Develop and deliver product training content to customer service, sales team, and customers.
  • Provide price book, spec sheet, website, and e-commerce support to ensure accuracy of messaging, pricing, and images.

Qualifications

  • 3+ years of product management experience (consumer / durable goods experience preferred)
  • Strong analytical skills, including ability to arrive at insights from analytical data, is essential for market and competitive evaluation, pricing and line management.
  • Demonstrated ability to be a team player with skills to lead/participate in cross-functional teams.
  • Demonstrated verbal, written and presentation skills.
  • Proficient computer skills (Excel, PowerPoint, Word).
  • Ability to travel approximately 15%
  • Bachelor’s degree in Marketing, Business or a related field strongly preferred

Additional Information

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $70,000 USD - $100,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

Equal Employment Opportunity:

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

We are committed to a diverse and inclusive workplace and encourage applicants from all backgrounds to apply. To support our efforts, we invite you to voluntarily share your gender, ethnicity, and veteran status. This information is confidential and helps us ensure an inclusive hiring process and improve our diversity initiatives.

Reasonable Accommodations:

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.

Average salary estimate

$85000 / YEARLY (est.)
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$70000K
$100000K

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What You Should Know About Associate Product Manager, Fortune Brands

Are you ready to dive into a rewarding role as an Associate Product Manager with Fortune Brands Innovations, Inc.? Located in Deerfield, Illinois, you’ll be at the core of our efforts to create smarter and more beautiful homes through our renowned Moen brand. In this vibrant position, you will act as a product expert, gaining invaluable insights into consumer and customer needs. Your day-to-day responsibilities will include managing the entire product lifecycle, making data-driven decisions to improve existing products, and spearheading new product developments that truly resonate with our customers. As an Associate Product Manager, you’ll not only collaborate with cross-functional teams but also lead the charge in strategic planning and execution of a comprehensive three-year product plan. Whether it’s conducting market analysis or partnering with innovation teams for project scoping, your analytical mindset and creative solutions will significantly contribute to our goals. With a hybrid work arrangement and up to 15% travel, you can maintain a work-life balance while actively participating in building a better future for our customers. Plus, working with Fortune Brands means joining a culture that promotes inclusion, growth, and wellbeing, ensuring you can be your most authentic self. If you’re passionate about product management and eager to make a difference, we invite you to explore this opportunity with us!

Frequently Asked Questions (FAQs) for Associate Product Manager Role at Fortune Brands
What are the responsibilities of an Associate Product Manager at Fortune Brands?

As an Associate Product Manager at Fortune Brands, you will take charge of the entire product lifecycle, develop strategic product plans, analyze consumer feedback, and collaborate with cross-functional teams. You'll lead product development initiatives and ensure our offerings align with market needs, which is essential for the Moen brand.

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What qualifications are required to apply for the Associate Product Manager role at Fortune Brands?

To be considered for the Associate Product Manager position at Fortune Brands, you should have at least 3 years of experience in product management or a related field, a strong analytical acumen, and proficiency in tools like Excel and PowerPoint. A bachelor's degree in Marketing, Business, or a related discipline is preferred, ensuring you have a solid foundation for this role.

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How does collaboration work for an Associate Product Manager at Fortune Brands?

Collaboration is key for an Associate Product Manager at Fortune Brands. You will work alongside innovation teams, marketing teams, and various departments to develop products that meet customer demands. This collaborative spirit helps ensure that product plans are executed effectively and align with the overall vision of the Moen brand.

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What can I expect from the work culture at Fortune Brands as an Associate Product Manager?

At Fortune Brands, the culture is inclusive, supportive, and focused on innovation. As an Associate Product Manager, you will be empowered to think creatively and work with diverse teams. The company values unique perspectives, aiming to create a workplace where everyone can thrive and contribute meaningfully to the brand's success.

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What is the career progression for an Associate Product Manager at Fortune Brands?

The Associate Product Manager role at Fortune Brands is a stepping stone to greater opportunities within the company. You can expect to grow into more senior positions as you gain experience and demonstrate your capabilities in driving product success. Fortune Brands actively supports career development and encourages internal growth.

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Common Interview Questions for Associate Product Manager
Can you describe your experience with product lifecycle management?

In response, illustrate your experience managing different stages of the product lifecycle. Discuss specific projects where you assessed market needs, developed product strategies, and collaborated with teams to bring products to market successfully.

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How do you approach market analysis as an Associate Product Manager?

You should explain your methodology for conducting market analysis, such as leveraging data to understand customer behavior, identifying trends, and assessing competitor offerings. Include how you would use these insights to develop product strategies that align with the Moen brand.

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What strategies would you employ to enhance product features?

Focus on your ability to gather customer feedback and conduct competitive analysis. Discuss how you would prioritize enhancements based on consumer demand and market gaps, ensuring that your strategies align with overall brand direction.

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Can you give an example of how you led a cross-functional team?

Share a specific example of a project where you took the initiative to lead a cross-functional team. Describe your leadership style, how you coordinated efforts, resolved conflicts, and achieved successful outcomes.

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How do you handle conflicting feedback from different stakeholders?

Describe how you prioritize feedback by assessing the impact on product success and aligning it with the brand's strategic goals. Communication and negotiation skills are vital here, showing how you build consensus while respecting different perspectives.

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What software or tools do you utilize in product management?

Mention specific tools, such as project management software, data analysis tools, or customer relationship management systems that you’ve used. Highlight how these tools enhance your efficiency and effectiveness in managing product portfolios.

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How do you determine pricing strategies for new products?

Explain your approach to developing pricing strategies, including market research, cost analysis, and competitor pricing. Emphasize how you balance driving revenue and being competitive in the marketplace.

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What do you believe is the most important factor in successful product development?

Discuss the importance of understanding customer needs as a foundation for successful product development. Highlight how data-driven insights, effective collaboration, and creativity lead to products that resonate with users.

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Describe a successful product launch you were involved in.

Outline the process you followed from initial concept through launch. Discuss the objectives you set, strategies you implemented, and the results achieved, including any metrics that demonstrate the product's success.

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How do you ensure alignment between product development and brand objectives?

Offer insights into how you communicate regularly with marketing and branding teams. Emphasize collaboration in defining the product vision and ensuring every development aligns with the overall brand strategy.

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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
March 28, 2025

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