Allstate
Allstate Business Insurance - Product Development Manager (Remote)
Posted on Jul 13 Chicago, IL 124 views
The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.
You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.
Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For more than 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection. We are the Good Hands. We don’t follow the trends. We set them.
Job Summary:
This ABI Product Development – Manager is responsible for developing and leading data strategies and data execution in support of commercial product development initiatives. This person will support the creation and maintenance of commercial lines products by executing cross-functionally across the product development cycle. The role entails supporting the development of differentiated products, enhancing the ease of quoting experiences, and ensuring data needs of key stakeholders are met. This role at any time will be responsible for collaborating on idea generation, test design, test execution, product implementation, and cross-functional collaboration for roll-out to the market.
Key Responsibilities:
#LI-SH1Supervisory Responsibilities:This job does have supervisory duties.Education and Experience:
Compensation offered for this role is and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.
Good Work. Good Life. Good Hands®.
As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy. For a full description of Allstate’s benefits, visit allstate.jobs/benefits/
Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.
For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.
To view the “EEO is the Law” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs
To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.
It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.
You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.
Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For more than 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection. We are the Good Hands. We don’t follow the trends. We set them.
Job Summary:
This ABI Product Development – Manager is responsible for developing and leading data strategies and data execution in support of commercial product development initiatives. This person will support the creation and maintenance of commercial lines products by executing cross-functionally across the product development cycle. The role entails supporting the development of differentiated products, enhancing the ease of quoting experiences, and ensuring data needs of key stakeholders are met. This role at any time will be responsible for collaborating on idea generation, test design, test execution, product implementation, and cross-functional collaboration for roll-out to the market.
Key Responsibilities:
- Leads the initial discovery and analysis of 3rd party data to be leveraged in commercial products. This includes vendor management as well as collaborating with members of the product development, internal data science, and modeling teams.
- Works with the commercial Data and Analytics team to develop reports, dashboards, and data used to monitor and manage products, ensuring data needs of multi-functional teams are being met.
- Develops a framework for generating insights from internal quote and production data.
- Executes on holistic strategies for specific products in alignment with ABI’s strategic objectives by leveraging inputs from key partners and stakeholders.
- Collaborates and leads development of short and long-term strategies to offer the product differentiators and experiences needed to achieve profitable market share growth.
- Anticipates operational issues and develops preventative measures needed to lead change effectively on new and existing products with all stakeholders, setting the appropriate strategic tone for product with other involved stakeholders and establishing a roadmap and future state vision.
- Leads complex/critical program execution to business opportunities as appropriate, particularly regarding new distribution partnerships/programs and other internal escalations.
- Leverages 3rd party data, stakeholders, and other research to conduct risk analysis to provide product and process recommendations, particularly as it relates to pricing and risk selection.
- Exploration of IoT solutions for commercial property applications plus ideation for leveraging artificial intelligence.
#LI-SH1Supervisory Responsibilities:This job does have supervisory duties.Education and Experience:
- Bachelor’s degree or equivalent experience
- 7 or more years of related Experience
- Commercial insurance experience preferred
- None required
- Advanced product, pricing, underwriting, and insurance regulation knowledge, with advanced knowledge of product offerings, pricing, and risk selection methodologies.
- Strong ability to think strategically, properly prioritize multiple work streams to ensure the best business result(s), and to drive and own decision making.
- Advanced at building the relationships necessary to influence future delivery and roadmaps.
- Ability to communicate complex and innovative concepts to stakeholders to leverage specialized capabilities that exist outside of reporting line.
- Demonstrate an analytical mindset with critical thinking, problem solving, and ability to tell a story with data to influence decision making.
- Advanced people and thought leadership; ability to develop, mentor, and coach others.
- Utilize a systems-thinking mindset within an insurance carrier by demonstrating awareness and knowledge of the whole and of how the functional parts within are interdependent.
- Ability to manage through ambiguity, looking for the broader picture, continuously improving, and asking questions.
- Demonstrate adaptability, flexibility, innovation, risk taking, resilience, and ability to learn from experiences and setbacks.
- Ability to influence a culture of experience ownership by deeply understanding the needs, expectations, and feedback of our customers and agents.
Compensation offered for this role is and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.
Good Work. Good Life. Good Hands®.
As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy. For a full description of Allstate’s benefits, visit allstate.jobs/benefits/
Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.
For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.
To view the “EEO is the Law” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs
To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.
It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.
