Business Analyst- Battery Market Analyst

Posted Yesterday
Northbrook, IL, USA
Hybrid
68K-91K Annually
Mid level
Automotive • Professional Services • Software • Consulting • Energy • Chemical • Renewable Energy
Our mission is to make the world a safer, more secure and sustainable place.
The Role
Support product managers by developing battery and energy storage market insights, regionalized market analyses, competitive intelligence, and business cases to guide product and go-to-market strategy. Maintain roadmaps across segments and communicate findings to leadership while managing multiple projects and cross-functional collaboration.
Summary Generated by Built In
JOB DESCRIPTION
The Business Analyst will partner with Product Managers to support the development and execution of product and service strategies. This includes maintaining product roadmaps across key segments (e.g., transportation batteries, industrial batteries, industrial e-mobility, hydrogen/fuel cells), aligned to long-term growth plans. They will take ownership of their own career and professional development by documenting and communicating career aspirations and any associated development needs to their manager .
RESPONSIBILITIES
Market Insight and Business Analysis
The Business Analyst will develop and maintain a deep understanding of the battery and energy storage market to support strategic decision-making. This includes creating quarterly market analysis reports, evaluating market share dynamics, identifying competitive gaps, and delivering insights to leadership that guide growth strategy.
The candidate will regionalize market data to provide actionable insights into local competitive dynamics and customer needs. They will also support the development of business cases for new services, standards, and strategic initiatives, ensuring alignment with segment growth objectives.
QUALIFICATIONS
Technical Requirements
  • Industry forecasting
  • TAM/SAM/SOM analysis
  • Competitive intelligence
  • Market sizing
  • Customer segmentation
  • Regulatory and policy analysis
  • Energy storage ecosystem analysis
  • Market research and competitive analysis capabilities
  • Financial and pricing analysis fundamentals
  • Ability to create clear, structured materials for both technical and commercial audiences

Required Experience
  • University Degree (Bachelor's) in Business, Engineering, Marketing, or related discipline
  • 3+ years of experience in batteries, energy storage, EV, power systems, electrification, industrial automation, utilities, or adjacent technology markets.
  • Demonstrated experience conducting market research, competitive intelligence, market sizing, and industry trend analysis
  • Ability to manage multiple projects and deliver high-quality work in a fast-paced environment
  • Strong cross-functional collaboration skills

Preferred Qualifications
  • Experience in batteries, energy storage, EV, or industrial markets
  • Exposure to standards, certification, or regulated industries
  • Experience supporting product management or go-to-market activities
  • Familiarity with pricing strategy, customer segmentation, or commercial analytics

Total Rewards: We understand compensation is an important factor as you consider the next step in your career. The estimated salary range for this position is $68,300 to $91,000 and is based on multiple factors, including job-related knowledge/skills, experience, geographical location, as well as other factors. This position is eligible for annual bonus compensation with a target payout of 10% of the base salary. This position also provides health benefits such as medical, dental and vision; wellness benefits such as mental and financial health; and retirement savings (401K) commensurate with the standard rewards offered in each individual location or country. We also provide full-time employees with paid time off including vacation (15 days), holiday including floating holidays (12 days) and sick time off (72 hours).
#LI-Hybrid

Skills Required

  • Industry forecasting
  • TAM/SAM/SOM analysis
  • Competitive intelligence
  • Market sizing
  • Customer segmentation
  • Regulatory and policy analysis
  • Energy storage ecosystem analysis
  • Market research and competitive analysis capabilities
  • Financial and pricing analysis fundamentals
  • Ability to create clear, structured materials for both technical and commercial audiences
  • University Degree (Bachelor's) in Business, Engineering, Marketing, or related discipline
  • 3+ years of experience in batteries, energy storage, EV, power systems, electrification, industrial automation, utilities, or adjacent technology markets
  • Demonstrated experience conducting market research, competitive intelligence, market sizing, and industry trend analysis
  • Ability to manage multiple projects and deliver high-quality work in a fast-paced environment
  • Strong cross-functional collaboration skills
  • Experience in batteries, energy storage, EV, or industrial markets
  • Exposure to standards, certification, or regulated industries
  • Experience supporting product management or go-to-market activities
  • Familiarity with pricing strategy, customer segmentation, or commercial analytics

What the Team is Saying

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UL Solutions Compensation & Benefits Highlights

  • Retirement Support The 401(k) program is portrayed as strong, with a notable employer match and an additional company contribution after the first year that enhances long‑term savings. This structure is consistently highlighted as a differentiator in the total rewards mix.
  • Healthcare Strength Medical coverage is characterized by multiple plan options administered by a major carrier and a substantial employer cost share, alongside dental, vision, and mental‑health/EAP resources. The breadth of choices and supportive programs underscore a comprehensive health offering.
  • Leave & Time Off Breadth PTO with sick time, floating holidays, and dedicated paid volunteer days are emphasized, along with paid parental bonding and family‑care leave. Flexible work arrangements by role further increase the practical utility of time‑off benefits.

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The Company
HQ: Chicago, IL
15,000 Employees
Year Founded: 1894

What We Do

A global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers’ product innovation and business growth. The UL Certification Marks serve as a recognized symbol of trust in our customers’ products and reflect an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage.

Why Work With Us

Science is in our DNA; we are endlessly curious and passionate about seeking and speaking the truth. We take delight in knowing that our work makes a meaningful contribution to society, and we are proud that our culture is centered on integrity, collaboration, inclusion and excellence.

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UL Solutions Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Depending on the role we offer hybrid or remote opportunities.

Typical time on-site: Flexible
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