Senior product managers provide guidance for product managers and related operations in product development, the process of launching a new product to market or improving an existing product. Here’s what to know about a senior product manager’s needed skills, salary and how to become one. A senior product manager learns and grows continuously, which involves keeping up with the latest trends, technologies, and best practices in the product management field. A senior product manager reads books, blogs, podcasts, and newsletters, attends events, webinars, and courses, and joins communities, networks, and mentors.
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- Some also earn a master’s in business administration (MBA), product management or a similar field.
- Please note that the base pay shown is a guideline, and individual total compensation will vary based on factors such as qualifications, skill level, competencies, and work location.
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- Simple Product Management Course for all aspirants seeking to become highly skilled and sought after product manager.
Senior Product Manager, Collections
Compensation is based on the geographic location in which the role is located and is subject to change based on work location. An AI Product Manager is a role at the Senior Product Manager/Leader (AI product) job intersection of technology and business, tasked with overseeing the development of AI products. This position requires a blend of technical expertise in artificial intelligence and skills in product strategy and market positioning. The full compensation package for a senior product manager depends on a variety of factors, including but not limited to the candidate’s experience and geographic location. See below for detailed information on the average senior product manager salary.
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They directly manage product managers and tend to report to a director of product management or development. Starting salary for this role is in the range of $130,000 – $170,000 and is dependent on numerous factors, including but not limited to location, work experience, and skills. Axios’ compensation philosophy takes into account cost of labor differentials across the country. Because this is a remote-optional job posting, this salary range takes into account all possible locations within the United States, but candidates will only be eligible for the salary range for their location. The AI Product Manager oversees the planning, execution, and delivery of artificial intelligence products. They collaborate with engineers and data scientists to define product specifications, while also working with marketing and sales teams to ensure the products resonate with the market.
- Knowledge in the areas of effective leadership, project management, product strategy development, product roadmapping and cross-team communication are also recommended.
- Apple will consider for employment all qualified applicants with criminal histories in a manner consistent with applicable law.
- The product feedback is the input and opinions from the customers, the stakeholders, and the market, such as surveys, reviews, interviews, and trends.
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- The AI Product Manager ensures that the AI solutions developed not only leverage the latest in technology but also directly address customer needs and enhance the business’s value proposition.
Principal Product Manager jobs
There would exist no overarching product guidelines or high-level communication between other teams without the help of senior product managers. A senior product manager mentors and coaches junior product managers, who are less experienced or new to the role. A senior product manager shares their knowledge, insights, and best practices with the junior product managers, and helps them develop their skills, confidence, and career path. A senior product manager also provides feedback, guidance, and support to the junior product managers, and helps them overcome challenges and achieve their goals.
Manager, Platform & Gen AI Strategic Operations
Senior product managers will need to obtain four or more years of experience in product management, product development or similar roles. Knowledge in the areas of effective leadership, project management, product strategy development, product roadmapping and cross-team communication are also recommended. A senior product manager manages the product performance and feedback, which involves measuring, analyzing, and improving the outcomes and impact of the product. The product performance is the quantitative and qualitative indicators of how well the product is meeting the customer needs and the business goals, such as user satisfaction, retention, revenue, and growth.
Product Owner/ Product Manager
In addition, all qualified applicants with arrest or conviction records will be considered for employment in accordance with legal requirements. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Axios makes hiring decisions based solely on qualifications, merit, and business needs at the time. Axios is an equal opportunity employer that is committed to diversity and inclusion in the workplace.
Before becoming a senior product manager, professionals will need to gain several years of experience as a product manager and/or related management roles. Professionals can then move on to be a director of product management, vice president of product or chief product officer. A senior product manager collaborates and influences across teams and functions, which involves working with different people and departments within and outside the organization.
TikTok Shop – Product Solutions and Operations Manager, Seller Merchandise
A senior product manager is responsible for defining the product vision and strategy, which guide the direction and priorities of the product team. The product vision is a high-level statement of what the product aims to achieve and why it matters. The product strategy is a plan of how the product will achieve the vision, considering the market, the competition, the customer needs, and the business goals.
