Product Manager

Background 

The world around us is experiencing significant change, the greatest in generations.   

At McLaren Applied, we’re accelerating the response to that change. Our vision is that our people and technologies will pioneer a better future.  Our mission is to achieve breakthroughs in performance. 

We’re at the cutting edge of innovation in industries including automotive transportation and motorsport. We create solutions that drive efficiency and cost-effectiveness.  

We want to help to reduce the carbon footprint and become more sustainable.  Our focus is on electrification and telemetry, control and analytics. 

To deliver efficient lightweight electric powertrain and vehicle development; motorsport solutions that make series more sustainable and efficient; reliable connectivity solutions for transportation and insightful analytics and monitoring of transport fleets. 

By applying our expertise, we deliver real benefits and pioneer a better future. 

Purpose of the Role 

Product Manager who thrives in a dynamic environment to identify both the current and future business challenges our customers face and clearly articulate the value that we could bring through our Data Platform solutions to solve those challenges. 

Working with our engineering teams, you will own a product or product components and be responsible for creating value for our customers and the business. You will own the entire Product lifecycle for your products, identifying new opportunities to add value through product discovery whilst also managing and prioritising the product backlog 

You will work on a variety of challenges to deliver complex products and solutions, which ultimately enable race engineers and strategists to access powerful, race-winning insights in F1 and other motorsports series.  

Our software combines many capabilities, including data capture, visualization and modelling of real time and historic data for detailed analysis, reporting, anomaly detection and enabling the best strategic decisions to be made. 

Principal Accountabilities 

Day-to-day responsibilities will span the entire product management lifecycle and include deep interaction with customers, sales, and engineering. 

• Take ownership of managing assigned product portfolio in its primary markets and assisting in establishing the portfolio in other markets.  

• Own the business rationale for the product, covering existing and future products over full lifecycle - concept to end of life.  

• Manage the full lifecycle of the product – from strategic planning to tactical activities: 

• Working with the Business unit, understand the market landscape, conducting market research to specify market needs for current and future products, and translate into product requirements.  

• Develop business cases to support investment requests - leading the creation of supporting material including portfolio financial forecasts, product pricing & business models.  

• Manage and own the roadmap, including prioritization of bug-fixing and feature requests.  

• Define product specs, user stories, mockups, acceptance criteria and drive execution in collaboration with engineering and QA 

• Engage with customers, develop insights into what is possible, and transform them into clear value propositions and results 

• Define and evolve the product roadmap for our data platform portfolio 

• Collaborate closely with other Product Managers to support hardware and embedded products, ensuring a cohesive market proposition that integrates multiple products seamlessly 

• Own and report on key KPIs for product performance, including business cases, product P&L and ROI 

• Collaborate with product marketing and business teams to support content creation, product positioning, pricing and drive Go-To-Market 

Knowledge, Skills, Qualifications and Experience 

• Strong technical background. Preferably a degree in engineering or science discipline.  

• Experience in working in product management teams in disruptive technology environments, specifically with software products.  

• Ability to tactfully challenge without alienating and build a strong internal network to support ability to influence.  

• Able to interpret and communicate general financial and accounting information from a product perspective and understand the financial impact of decisions.   

• Identifies and prioritises issues and takes a proactive approach to dealing with them.  

• Thinks creatively to produce workable ideas and novel solutions.  

• Takes a collaborative approach to achieving results.  

What we can offer you 

In return for everything you bring to the table, we can ensure an exciting, challenging role in a dynamic business surrounded by some of the best people in their respective fields.

At McLaren Applied we firmly believe it’s the relationships and friendships we create while working that make us special. We’re also aware that the world is changing and we are part of that change. We all want and need different things from our work and home lives, so, if you have commitments outside of work, we’re open to talking through flexible working options that work for you and us.

• Annual leave (25 days + bank holidays, pro-rated for part time colleagues).
• Enhanced Company Maternity, Paternity and Adoption leave and pay.
• Flexible working policies, including Hybrid Working.
• Life assurance to the value of 4 times base salary
• Opportunity to join the McLaren Applied Pension Plan
• Company funded individual private healthcare with the opportunity to extend to partner or spouse and/or dependents at a discounted rate.
• Ride-to-work with Evans Cycles – take advantage of the Government’s Cycle-to-Work scheme which offers savings of up to 42% on the cost of a new bike, cycling accessories and components.
• Electric car scheme – opportunity to drive a brand-new car in a more affordable way through this salary sacrifice scheme. Employees are eligible to join the scheme after successful competition of their probationary period.

Who we are

McLaren Applied are a medium-sized tech firm spun out of McLaren Group. We’re looking for people who will thrive in a non-hierarchical, growth-orientated company, self-starters who are flexible and somewhat entrepreneurial in their approach.

McLaren Applied are committed to Diversity, Equality and Inclusion (DEI) and promote DEI in all we do. McLaren Applied are also members of the UK Government Disability Confident Scheme.