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Business Analyst- Battery Market Analyst

Job in Northbrook, Cook County, Illinois, 60062, USA
Listing for: UL Solutions
Full Time position
Listed on 2026-08-05
Job specializations:
  • Business
Salary/Wage Range or Industry Benchmark: 68300 - 91000 USD Yearly USD 68300.00 91000.00 YEAR
Job Description & How to Apply Below

Business Analyst

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).

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