Product Development Sr. Manager (Allstate Business Insurance) (Remote/Home-Based Worker)
The world isnt standing still, and neither is Allstate. Were moving quickly, looking across our businesses and brands and taking bold steps to better serve customers evolving needs. Thats why now is an exciting time to join our team. Youll have opportunities to take risks, challenge the status quo and shape the future for the greater good.
Youll 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 lifes uncertainties so they can realize their hopes and dreams. For more than 89 years weve thrived by staying a step ahead of whatevers 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. Weve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection. We are the Good Hands. We dont follow the trends. We set them.Job Description
The ABI Product Development Senior Manager is responsible for providing direction in creating and maintaining commercial lines products by executing cross-functionally across the product development cycle, with focus on differentiated coverage offerings, easy quoting experiences, novel pricing strategies, and interpretable underwriting rules/models. This role at any time will be responsible collaborating on idea generation, test design, test execution, product implementation, and cross-functional collaboration for roll-out to the market. Initially, an area of focus for this individual will surround the design and pursuit of our future, distinct, customer centric telematics product solutions. Additionally, this role partners in developing integrated strategies and coach others to achieve growth and profit goals, drawing upon expertise in product, pricing, and risk management to achieve business goals.Key Responsibilities
Provides direction and guidance to execute a holistic strategy for specific or multiple products in alignment with strategic objectives and within the context of ABIs product development cycle.
Collaborates and leads development of short and long-term strategies to offer the product differentiators and experiences needed to achieve profitable market share growth.
Introduces and leads change effectively on new and existing products with all AORs, setting the appropriate strategic tone for product with other involved AORs and establishing a roadmap and future state vision.
Initiates and responds to business opportunities as appropriate, particularly regarding new distribution partnerships/programs and other internal escalations.
Conducts stakeholder and risk analysis with research, evaluation, to provide recommendations for ABIs products and processes and will leverage 3rd party data to accomplish business objectives, particularly as related to pricing and risk selection.
Manages team with broad skill sets including technical knowledge of commercial lines products, risk selection strategies, project management, implementation, and customer experience.
Exercises latitude in managing agile transformation, including coaching of Product Owners.
Provides direction and guidance in managing KPIs to measure the success and to drive transparency into business outcomes and progress related to the overall product strategy.
Education and Experience
Bachelors degree or equivalent experience
10 or more years of related Experience
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 for this position will be $110,600 to $186,000/year plus AIP bonus.Actual salary offered will depend on selected candidate's 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 thats 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, youll 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 Allstates benefits, visit allstate.jobs/benefits/
Allstate generally does not sponsor individuals for employment-based visas for this position.
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