Product Management - Senior Analyst
- Career Level
- Not Specified
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The Field Product Management Organization (FPMO) makes business decisions for a line of insurance or defined marketplace which appropriately consider product, pricing and risk management levers. They evaluate the opportunities and challenges in the marketplace and build strategies to address them while ensuring integration with other business units to achieve growth and profitability objectives.
The Field Product Management Sr Consultant II is responsible for achieving profit and growth targets for an assigned state/market or line(s) of business. They coordinate and manage strategies, initiatives, and people using product, pricing, and risk management skills to that support business goals.
Plans, implements and manages projects using accepted project management standards
Develops cost benefit analysis to help inform decisions
Forecasts short-term and long-term deliverables
Supports the formulation of strategies to achieve plan objectives
Tracks plan performance
Communicates and presents project information
Ensures project controls are in place throughout the lifecycle of the project
Supports in determining where additional resources/expertise may be necessary to successfully complete projects/assignments
Provides feedback on project team member(s)
Actively builds strong relationships among teams and team members to ensure cooperation on project objectives
Supports goals and objectives through product implementation and integrates action plans with key stakeholders
Leads the development/design of new plans, programs, processes, products
Develops communication strategies and materials to support new plans, programs, processes, products
Evaluates procedures and processes regularly and recommends alternatives or improvements
Ensures processes are followed and applied consistently throughout a team
Understands internal and external compliance requirements/standards and makes adjustments to strategies as necessary
Completes complex analysis of the marketplace, competitive position and business results to support the development of strategies and plans
Contributes to market share growth and profitability by recommending integrated changes to products, pricing, risk management
Determines the integration, delivery and communication of planned changes/projects/products in the regions/field and with agents
Understands and makes observations on market specific implications of business strategies
Assures proper execution of regulatory/legislative practices for Product Management
Provides analysis to support the effective execution of distribution strategies. May include quote/close ratio analysis, agency deployment measures, and agency level analysis
May contribute to Market Operating Committee (MOC)/Line marketing strategy
Bachelors degree; 3-5 years of related experience
Advanced written and oral communication skills with ability to effectively communicate specialized terms and data
Intermediate knowledge of product, price, risk management and insurance regulation knowledge, with working knowledge of lines, rate plans and product offerings
Working knowledge of current industry standards/environment
Good collaboration and relationship skills
Ability to plan, implement, manage, and/or sponsor projects of medium complexity and/or medium scale key initiatives using accepted project management standards
The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.
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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.
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Allstate generally does not sponsor individuals for employment-based visas for this position.
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