Senior Product Development Manager

$116,300 - $193,600/Yr

Puget Sound Energy - Clyde Hill, WA

Full-time - Senior

Clyde Hill, WA

Utilities

About the position

Puget Sound Energy (PSE) is seeking a Senior Product Development Manager to lead the development of customer products and services that drive innovation in energy efficiency, decarbonization, and electrification. This role is pivotal in managing external stakeholder collaboration, conceptualizing product and pilot categories, and developing long-range strategic business objectives. The Senior Product Development Manager will be responsible for business plan development, financial modeling, and product lifecycle management, ensuring that all initiatives align with utility integrated system planning. In this position, you will act as a primary lead across multiple departments, supporting business cases that include data-driven customer and market research, financial P&L forecasts, vendor development and negotiation, regulatory planning, and operational planning. You will also oversee pilot development, leveraging emerging technology and existing program channels to validate the value of potential future offerings. Securing approvals for product proposals will involve collaboration with external stakeholders, regulatory bodies, and occasionally, executive leadership. Safety compliance is a critical aspect of this role, and you will be expected to uphold PSE's safety standards while promoting a culture of total safety. Additionally, you will demonstrate a commitment to ethical business practices, ensuring that all duties are performed in accordance with regulatory compliance obligations.

Responsibilities

• Provide technical leadership and mentorship to others in the department and throughout the company.
• Drive overarching product strategy roadmap.
• Coordinate and review the work of others who assist in specific assignments including contractors and consultants.
• Lead internal teams to bring large-scale product concepts through internal and external approvals and to launch.
• Identify market potential and pricing: Lead cross-functional team to quantitatively test market for potential adoption of product concept.
• Lead operational planning, including vendor and partnership management.
• Lead development of profit and loss statements and forecasts.
• Market and sales planning: Lead team to identify launch and follow-on customer segments, go-to-market strategy, advertising strategy, and set sales targets.
• Provide guidance during product design and oversee prioritization of development activities to deliver large-scale or transformational products and/or projects.
• Perform other duties as assigned.

Requirements

• Bachelor's degree in business, marketing, finance, economics, engineering or related field.
• 10 years' experience in leading/implementing complex multi-disciplined market/program/product analysis, research, evaluation, or product launch.
• 5 years increasing responsibility in the utility, energy or independent power sector.
• Ability to develop and drive overarching product strategy and roadmap to deliver large-scale or transformational products and/or projects.
• Proven ability to lead and influence cross-functional teams and stakeholders to deliver multiple complex customer-facing products or projects simultaneously.
• Strong business and financial analytical skills with capability to analyze a wide array of business challenges.
• Proven ability to identify and use advanced customer and marketing analytics.
• Proven project management skills.
• Ability to synthesize data and other information into clear, actionable deliverables.
• Ability to build trust and value-based relationships with employees at all levels of internal and external organizations.
• Advanced skills in Excel, Word, PowerPoint, other presentation and analytical tools.

Nice-to-haves

• MBA or advanced degree

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Basic life insurance
• Short- and long-term disability insurance
• Supplemental life insurance
• Accidental death and dismemberment insurance
• Flexible spending accounts for health care and dependent daycare
• Employee assistance program (EAP)
• 401(k) investment option
• Cash balance retirement plan
• Paid Time Off (PTO)
• Paid Holidays