Pricing Technician Analyst II - Product Operations
- Employer
- Allstate Insurance Company
- Location
- Northbrook, Illinois
- Salary
- Not Specified
- Closing date
- Jan 29, 2019
View more
- Category
- IT , Operations, Product Manager
- Job Type
- Not Specified
- Career Level
- Not Specified
Job Details
Where good people build rewarding careers.
Think that working in the insurance field cant be exciting, rewarding and challenging? Think again. Youll help us reinvent protection and retirement to improve customers lives. Well help you make an impact with our training and mentoring offerings. Here, youll have the opportunity to expand and apply your skills in ways you never thought possible. And youll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.
Job Description
Job Family Summary
The Pricing Technician family is within our Product Operations department works closely with actuarial, quantitative analysts, underwriting and coverage consultants to implement pricing and underwriting changes for Allstates various lines of business. Our responsibilities include interfacing with the different business units as well as internal customers. Customers include technology, state filings, other cross-functional teams within Product Operations, and state Departments of Insurance.
Job Summary
The Pricing Technician Analysts role is to problem solve and make business decisions by supporting diverse projects including rate and rule changes, data calls, compliance projects, system inquiries and a variety of ad-hoc initiatives.
Key Responsibilities
- Participate in-depth training and learn insurance basics for product and technician responsibilities, specifically processes and expectations
- Contribute to comprehensive timelines and project work plans to coordinate basic requirements of projects across various disciplines (Actuarial/Underwriting/Technical/Legal), including formal documentation and communication to interested parties;
- Learn state regulatory environment and specific regulations to determine the implementation of pricing and underwriting changes
- Assist in implementing rate and rule changes and other significant Pricing initiatives which includes;
- Providing business requirements by adopting template system requirement documents
- Representing pricing in implementation meetings with different systems and business partners
- Contributes to test plan and completes all testing validation associated with the project, and providing SOX sign-off
- Managing the project throughout to ensure all team members are meeting expected timelines to ensure effective on-time implementation
- Create rate and rule Filings, and the associated communications with a given Department of Insurance (including Responses to Objections and Department Inquiries)
- Develop understanding of the pricing and product and use this understanding to own basic compliance projects and resolve business inquires with support;
- Create all post-implementation documentation associated with projects, including ensuring that documentation components are completed.
Job Description
Job Family Summary
The Pricing Technician family is within our Product Operations department works closely with actuarial, quantitative analysts, underwriting and coverage consultants to implement pricing and underwriting changes for Allstates various lines of business. Our responsibilities include interfacing with the different business units as well as internal customers. Customers include technology, state filings, other cross-functional teams within Product Operations, and state Departments of Insurance.
Job Summary
The Pricing Technician Analysts role is to problem solve and make business decisions by supporting diverse projects including rate and rule changes, data calls, compliance projects, system inquiries and a variety of ad-hoc initiatives.
Key Responsibilities
- Participate in-depth training and learn insurance basics for product and technician responsibilities, specifically processes and expectations
- Contribute to comprehensive timelines and project work plans to coordinate basic requirements of projects across various disciplines (Actuarial/Underwriting/Technical/Legal), including formal documentation and communication to interested parties;
- Learn state regulatory environment and specific regulations to determine the implementation of pricing and underwriting changes
- Assist in implementing rate and rule changes and other significant Pricing initiatives which includes;
- Providing business requirements by adopting template system requirement documents
- Representing pricing in implementation meetings with different systems and business partners
- Contributes to test plan and completes all testing validation associated with the project, and providing SOX sign-off
- Managing the project throughout to ensure all team members are meeting expected timelines to ensure effective on-time implementation
- Create rate and rule Filings, and the associated communications with a given Department of Insurance (including Responses to Objections and Department Inquiries)
- Develop understanding of the pricing and product and use this understanding to own basic compliance projects and resolve business inquires with support;
- Create all post-implementation documentation associated with projects, including ensuring that documentation components are completed.
Job Qualifications
- Associates Degree or related experience Preferred
- Basic to intermediate proficiency in Microsoft Office suite, specifically Excel
- Basic problem solving skills
- Basic math skills
- Basic decision making skills
- Good communication skills (written/verbal)
- Basic time and project management skills
- Strong attention to detail
- Works effectively in a team environment
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.
Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.
Company
- Website
- https://www.allstate.com/
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