Sr. Product Manager - Home Electronics, Schlage Lock

Creating Peace of Mind by Pioneering Safety and Security

At Allegion, we help keep the people you know and love safe and secure where they live, work and visit. With more than 30 brands, 12,000+ employees globally and products sold in 130 countries, we specialize in security around the doorway and beyond. Additionally, in 2024 we were awarded the Gallup Exceptional Workplace Award, which recognizes the most engaged workplace cultures in the world.

Sr. Product Manager – Home Electronics, Schlage Lock

The Senior Product Manager is a highly collaborative position responsible for executing strategic projects across the electronics portfolio of products in the Allegion Home business. This position is responsible for ensuring near term and long-term profitability for the business by partnering with the Director of Product Management and executing on the product plan, actively managing value propositions within programs, ensuring product line positioning, and all other aspects of product management within assigned strategic initiatives.  This position enables and drives collaboration and partnership with multiple functions such as marketing, sales, manufacturing, sourcing, and engineering to achieve the successful execution of product plans and development of product roadmaps.

At Allegion, we recognize that great talent and breakthrough ideas can come from anywhere. That’s why this position offers a flexible remote work arrangement, with occasional on-site visits as needed based on the role. Whether you’re working remotely or collaborating in person, we’re committed to providing the tools, support, and dynamic environment you need to succeed. At Allegion, your career thrives where innovation meets flexibility, empowering you to achieve your goals while maintaining a healthy work-life balance.

While this is the current structure and we currently have no plans to change, we reserve the right to make changes to the remote schedule as needed at the Company’s discretion.

Qualified candidates must be legally authorized to be employed in the United States. The company does not intend to provide sponsorship for employment visa status (e.g., H-1B, TN, etc.) for this employment position.

What You Will Do:

Business and P&L

• Contribute to the development of and ensure the execution of product activities that support Allegion Home business strategies

• Drive profitable project management that supports market price positioning and delivers on product cost requirements. 

• Manage a Product Line P&L and positively impact top and bottom-line growth by working collaboratively with other functions and leadership

• Utilize and guide product line research: customer, pricing, competitive, etc.

• Participation in joint activities with the marketing organization including project planning, brand strategy, pricing/discount strategy, customer research and marketing communications.

• Evaluate internal and external financial, technology, channel, and market data in order to expand portfolio roadmaps and input into the Annual Operating Plan and Long-Range Plan.

• Analyzes and compares competitor’s product lines in relation to the organization's current offerings.  Competitive benchmarking to establish portfolio positioning and messaging

• Drive sales and marketing initiatives to deliver accelerated adoption of Schlage electronics products through Retail

• Collaborate with VAVE and sustainment teams to drive cost reductions to the Electronics portfolio in support of the product line pricing strategy

• Develop and drive productivity improving gross margins

• Drives change and continuous improvement efforts within Product Management to evolve and improve the function

New Product Development

• Involved in the product development life cycle from start to finish

• Business case development: Collaborate with Project team members to finalize business cases that detail sales forecasts, development investment, and commercialization strategy. 

• Expert understanding of customer needs, changing industry requirements, and competitive positioning.

• Identify trends and needs within the market space and evaluate them as potential business opportunities.

• Involved in the product development life cycle from start to finish

• Collaborate with engineering to develop alternate ways to proceed with the development and delivery of new hardware and software solutions

• Marry research, market knowledge and internal inputs to build a balanced and impactful new product development portfolio

Strategic Planning