What does a Product Engineer IV do?

A product engineer is responsible for the design and creation of products. Duties include performing constant market analysis of competing products to determine and establish customer needs and requirements. Efforts are then placed into exceeding customer expectations for the benefit of the company brand. The typical career progression for product engineers is in an executive role.

A bachelor's degree in engineering or a related field is required of this position with most companies preferring a master's degree. Due to the job expectations of a product engineer, extensive experience as a product engineer in the industry is much valued. Candidates who excel as a product engineer are those who are familiar with the entire product development cycle and possess current knowledge of technological advancements to implement during the engineering phase.

What responsibilities are common for Product Engineer IV jobs?
  • Develop product ideas based on customer audience interests
  • Identify customer problems and create functional prototypes offering a solution
  • Coordinate prototype submissions with relevant personnel for approval
  • Perform market analysis on competing products and brands
  • Analyze market and industry trends and conditions
  • Analyze feasibility, cost, and return on investment for product ideas
  • Manage the budget requirements for projects
  • Oversee the mass production of successful prototypes
What are the typical qualifications for Product Engineer IV jobs?
  • Master's degree in a related field preferred
  • Extensive experience in the area is desired
  • Portfolio of successful past projects required
  • Excellent verbal and written communication skills
  • Strong knowledge of the industry and market trends
  • Creative and passionate about creating solutions to customer problems
  • Able to work efficiently with minimal supervision
  • Able to work in seated in front of a computer for long hours at a time
  • Flexible to travel to suppliers as required of the job
EducationBachelor's Degree
Work/Life Balance
3.7 ★
Salary Range--
Career Opportunity
3.7 ★
Avg. Experience8+ years

Product Engineer IV Salaries

Average Base Pay

$71,868 /yr
Same as national average
Not including cash compensation
See More Insights
Not enough salaries reported to show distribution
Median: $72K
See More Insights
Glassdoor Estimated Salary

Product Engineer IV Career Path

Learn how to become a Product Engineer IV, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Product Engineer IV
Principal Product Engineer
Product Engineer IV

Years of Experience Distribution

0 - 1
2 - 4
5 - 7
Not including years spent in education and/or training

Product Engineer IV Insights

Read what Product Engineer IV professionals have to say about their job experiences and view top companies for this career.
Air SquaredAir Squared
Product Engineer I
Feb 14, 2022

“Everyone was enthusiastic to learn and grow and I am still very close with many of those individuals today.”

Spire CollectiveSpire Collective
Product Development
Nov 28, 2020

“Any group activities or clubs deemed “optional” are mandatory if you prefer job security (i.e.”

Product Engineer
Jul 1, 2020

“The company is still very early in its journey so there is a great potential in terms of career opportunities.”

Delmaine Fine FoodsDelmaine Fine Foods
Product Development
Mar 27, 2022

“There are no career growth or development opportunities despite all the claims in the job advertisements.”

Colosseum AthleticsColosseum Athletics
Product Development Intern
Mar 28, 2022

“I have gained a great understanding and knowledge about the industry and what it takes to maintain a successful company and clothing line.”

Clothier Design SourceClothier Design Source
Product Development
Mar 27, 2021

“I was made to feel that my voice and opinion mattered and I was given the opportunities and tools to make improvements in my department.”

Maven ClinicMaven Clinic
Product & Engineering
Mar 15, 2021

“I felt personally bullied by the CEO and the people she kept in her close circle”

Ditium TechnologiesDitium Technologies
Product Engineer
Sept 20, 2020

“Great camaraderie (work relationship and bond is good.”

See More

Product Engineer IV Interviews

Frequently asked questions about the role and responsibilities of a Product Engineer IV

The most similar professions to Product Engineer IV are:
  • Engineer
  • Project Engineer
  • Production Engineer
  • Process Engineer

The most common qualifications to become a Product Engineer IV is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.

Related Careers

No skills overlap
Project Engineer
No skills overlap
Production Engineer
No skills overlap
Process Engineer
No skills overlap

Product Engineer IV jobs