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Product Innovation Engineer Jobs in Chicago, IL (NOW HIRING)

Associate Product Manager

Lisle, IL · On-site

$90K - $135K/yr

Our Team At Molex, we create connections for life by combining innovation, engineering excellence ... Product Strategy & Roadmap * Define and execute the global product strategy aligned with company ...

Associate Product Manager

Lisle, IL · On-site

$110K - $130K/yr

Our Team At Molex, we create connections for life by combining innovation, engineering excellence ... Product Strategy & Roadmap * Define and execute the global product strategy aligned with company ...

What's In It for You Join a market-leading business with a strong culture of innovation, technical ... entire product lifecycle, collaborate with experienced engineering and commercial teams, and ...

Identify and analyze opportunities for product innovation. • Strategy Development: Participate in ... engineering, sales, or product support.Ability to travel up to 25%You will set yourself apart by ...

Showing results 21-40

Product Innovation Engineer information

See Chicago, IL salary details

$54.6K

$148.4K

$211.2K

How much do product innovation engineer jobs pay per year?

As of Sep 4, 2026, the average yearly pay for product innovation engineer in Chicago, IL is $148,415.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,700.00 and $211,200.00 per year, depending on experience, location, and employer.

What is a product innovation engineer?

Product Innovation Engineers are professionals who focus on developing new products or improving existing ones through innovative design, materials, and processes. They work at the intersection of engineering, design, and business, collaborating with cross-functional teams to bring creative ideas to market. Their responsibilities typically include researching market needs, prototyping, testing, and refining products to ensure they meet customer expectations and company goals. Product Innovation Engineers play a crucial role in driving a company's competitiveness and growth by continuously seeking novel solutions and opportunities.

How does a product innovation engineer typically collaborate with cross-functional teams during the product development process?

As a Product Innovation Engineer, you will work closely with cross-functional teams such as marketing, design, manufacturing, and quality assurance to bring new products from concept to reality. Collaboration often involves participating in brainstorming sessions, sharing technical insights, and integrating feedback from different departments to ensure the product meets customer needs and technical feasibility. Regular meetings and collaborative tools are used to align goals, track progress, and quickly address any challenges that arise. This teamwork is essential for balancing innovation with practical considerations like manufacturability, cost, and compliance.

What are the key skills and qualifications needed to thrive as a product innovation engineer, and why are they important?

To thrive as a Product Innovation Engineer, you need a strong background in engineering principles, product development processes, and often a degree in engineering or a related field. Familiarity with CAD software, rapid prototyping tools, and project management systems is typically required, along with certifications such as Six Sigma or PMP being advantageous. Creativity, problem-solving, and effective cross-functional communication are crucial soft skills that set exceptional candidates apart. These skills and qualifications are vital for developing innovative products that meet market needs and for successfully leading projects from concept to launch.

What is the difference between Product Innovation Engineer vs Product Development Engineer?

AspectProduct Innovation EngineerProduct Development Engineer
Primary FocusCreating new products and innovative solutionsDesigning and improving existing products
Skills & CertificationsCreativity, prototyping, engineering design, often requires a background in engineering or industrial designEngineering design, CAD, project management, similar technical background
Work EnvironmentResearch labs, R&D departments, innovation teamsManufacturing, product teams, engineering departments
Industry UsageTechnology, consumer electronics, automotive, where innovation is keyConsumer goods, machinery, electronics, focused on product lifecycle

While both roles require engineering knowledge and technical skills, the Product Innovation Engineer primarily focuses on developing new, innovative products and solutions. In contrast, the Product Development Engineer concentrates on designing, refining, and bringing existing products to market. Both roles are essential in the product lifecycle but serve different stages of the innovation and production process.

Are product innovation engineers in demand?

Product innovation engineers are in demand as companies seek to develop new products and improve existing ones, especially in industries like technology, manufacturing, and consumer goods. They often require skills in design, prototyping, and project management, and employment opportunities are expected to grow with ongoing technological advancements.

How to get into product innovation engineering?

Product Innovation Engineers typically have a background in engineering, design, or related fields, along with skills in research, prototyping, and project management. Gaining experience through internships, developing proficiency with CAD software and innovation methodologies like design thinking, and obtaining relevant certifications can improve chances of entering this role.

What are popular job titles related to Product Innovation Engineer jobs in Chicago, IL?

For Product Innovation Engineer jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Product Innovation Engineer jobs in Chicago, IL look for?

The top searched job categories for Product Innovation Engineer jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Product Innovation Engineer jobs?

Cities near Chicago, IL with the most Product Innovation Engineer job openings:

Infographic showing various Product Innovation Engineer job openings in Chicago, IL as of August 2026, with employment types broken down into 77% Full Time, 20% Part Time, 2% Contract, and 1% Nights. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $148,415 per year, or $71.4 per hour.

Innovation & AI Product Incubation Lead

Covista

Chicago, IL • Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement

This job post has expired 1 day ago. Applications are no longer accepted.


Job description

Company Description

Covista is America's largest healthcare educator, serving more than 97,000 students and supported by a community of 385,000 alumni across five accredited institutions. Through personalized, tech-enabled education powered by 10,000 faculty and colleagues, Covista expands access to healthcare careers and addresses the U.S. healthcare workforce shortage at scale. Covista is the parent company of American University of the Caribbean School of Medicine, Chamberlain University, Ross University School of Medicine, Ross University School of Veterinary Medicine and Walden University.
Our colleagues come from a wide range of backgrounds, business, academia, healthcare, government and nonprofits, and are part of a culture where doing exceptional work and making a meaningful difference for students and society aren't separate goals—they're one and the same. This means creating an environment where colleagues can develop new skills, build careers that match their ambitions and see the tangible impact of their work on healthcare education and workforce development. Colleagues who deliver results and embrace new tools to work smarter are valued for their contributions. But what makes working at Covista distinctive is our impact. Our faculty and colleagues don't just support healthcare education—they shape it. This isn't abstract purpose work. It's solving real problems for real people in real communities while advancing careers.
We operate on a hybrid schedule with four in-office days per week (Monday–Thursday). This approach enhances creativity, innovation, communication, and relationship-building, fostering a dynamic and collaborative work environment.
For more information, visit covista.com and follow us on LinkedIn, Instagram and YouTube.
 

Job Description

This role exists to determine the best way to solve validated business problems through Innovation & AI. 

The Innovation & AI Product Incubation Lead transforms strategic opportunities into validated Innovation & AI solutions through discovery, experimentation, prototyping, and pilot execution. This leader owns the end-to-end incubation process — from discovery and user research through POC / prototype, solution definition, proven hypothesis and transition into Product Engineering for productizing the solution and working closely with Product Engineering (Covista Product Management & engineering team) to execute and deliver on the business outcome. 

The role partners closely with Innovation & AI Product Strategy, Innovation Engineering, Product Families, UX, Architecture, and Engineering to reduce delivery risk before future investment into productizing the solution. It is a highly collaborative, inward-facing product leadership role focused on building the right solution, validating assumptions quickly, and ensuring Product Engineering receives well-defined, execution-ready initiatives.

Core Mission 

Answer one question: What is the best solution to this business problem, and is it worth scaling? 

This role leads discovery, validates customer and business assumptions, prototypes solutions, and prepares initiatives for successful transition into Product Engineering. 

What Success Looks Like in Year One 

  • A repeatable discovery-to-prototype process that consistently surfaces whether an idea is worth building, fast 
  • A track record of clean handoffs — Product Engineering accepts what it receives without reworking the problem 
  • POC & Prototypes that produce a clear, data-backed answer on whether to scale, pause, or sunset 

Product Discovery 

  • Conduct user research 
  • Define product vision 
  • Validate user problems 
  • Validate opportunities identified through Innovation & AI Product Strategy 

Product Incubation 

  • Lead design thinking workshops 
  • Build product hypotheses 
  • Validate desirability, feasibility, and viability 
  • Define an experimentation strategy to determine the Minimum Marketable Product (MMP) needed to validate business value 

Innovation & AI Solution Definition 

  • Partner with Innovation & AI engineers 
  • Define Innovation & AI use cases 
  • Evaluate Innovation & AI capabilities 
  • Define data requirements 
  • Assess technical feasibility 
  • Manage Innovation & AI risks 

Product Leadership 

  • Create PRDs 
  • Prioritize discovery activities, prototypes, and poc learning 
  • Define user stories 
  • Establish success metrics 
  • Partner with UX 
  • Drive iterative learning 

Pilot Leadership 

  • Define pilot strategy 
  • Lead pilot execution 
  • Measure adoption 
  • Validate business outcomes 
  • Refine based on learning 

Transition to Product Engineering 

  • Recommend readiness for transition into Product Engineering based on validated customer, technical, and business outcomes 
  • Partner with Product Families 
  • Support engineering execution 
  • Ensure knowledge transfer 
  • Remain engaged through delivery 
  • Support enterprise rollout  
  • Continue partnering through delivery to protect validated assumptions and intended business outcomes 
Qualifications
  • Bachelor's Degree Required and Master's Degree Preferred.
  • Ten (10) plus years of professional experience, preferably with supervisory experience. 
  • Experience leading Innvoation & AI Products
  • Track record of leading successful teams that generate consistent revenue growth, implementing programs and developing competitive response campaigns.
  • Requires critical thinking and problem solving skills, strong teamwork, negotiation and delegation capabilities.
  • UX research experience. 
  • Clear indication of progressive responsibilities including a track record of managing complex issues, preferably in a dynamic, high pressure culture demanding high quality thinking and output.
  • Superior team skills with proven ability to collaborate successfully with all organizational functions and levels with emphasis on building strong, productive relationships.
  • Must possess excellent problem solving and strategic thinking abilities.
  • Ability to influence and partner with internal and external customers.
  • Must possess excellent written and verbal communications skills.
  • Experience building MVPs

Additional Information

In support of the pay transparency laws enacted across the country, the expected salary range for this position is between $80,336.75 and $140,851.54. Actual pay will be adjusted based on job-related factors permitted by law, such as experience and training; geographic location; licensure and certifications; market factors; departmental budgets; and responsibility. Our Talent Acquisition Team will be happy to answer any questions you may have, and we look forward to learning more about your salary requirements. The position qualifies for the below benefits.
Covista offers a robust suite of benefits including:

  • Health, dental, vision, life and disability insurance
  • 401k Retirement Program + 6% employer match
  • Participation in Covista’s Flexible Time Off (FTO) Policy
  • 12 Paid Holidays
    For more information related to our benefits please visit:
    https://careers.covista.com/benefits
    You are also eligible to participate in an annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Equal Opportunity – Minority / Female / Disability / V / Gender Identity / Sexual Orientation