Field Product Senior Manager
- Employer
- Allstate Insurance Company
- Location
- Bridgewater, New Jersey
- Salary
- Not Specified
- Closing date
- Apr 9, 2019
View more
- Category
- Product Manager, Executive / Management
- 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 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.
Job Summary
As the leader of the Field Product Management Office and a member of the Market Operating Committee, the Field Product Management Sr Manager will ensure achievement of profit and growth targets for an assigned state/region or line(s) of business. This role designs, develops, manages and leads strategies, initiatives, and people using product, pricing, and risk management skills to achieve business goals
Job Qualifications
Key Responsibilities
Leads the FPMO to achieve business goals through four major components of work:
Margin Management
Leverages team analyses of multiple data points and reviews/makes recommendations on rates and risk management guidelines across markets to achieve Regional profit and growth targets
Directs the development/ design of new plans, programs, processes or product features that are of high complexity
Leads creation of concept designs; Ensures feasibility (financial, operational, technical) is addressed and that requirements and measurements are created
Solicits and integrates input from key stakeholders
Anticipates and makes recommendations to solve market specific implications of business strategies
Competitive Intelligence
Leverages team analyses of competitive landscape to inform rate, risk management guidelines and product decisions/recommendations
Implementation
Ensures integration, communication and delivery of planned changes/projects/products in the regions/field and with agents
Ensures enrollment of resources/expertise that are necessary to successfully complete projects/ assignments from various AORs
Communicates and presents project information, presentation/updates to senior level management
Ensures project controls across all impacted AORs
Actively builds strong relationships among teams and team members to ensure cooperation on project objectives
Compliance
Ensures appropriate processes in place for all aspects of product management
As a member of the MOC provides leadership in development of Local MOC strategies while integrating/collaborating with Home Office Underwriting, Line Management, RMBC and other stakeholders
Serves as a subject matter expert and consults on complex issues from both an internal and external perspective
Actively engages with all stakeholders in new initiatives, to solve business problems, drive engagement, innovation and improvement
Proactively integrates and communicates conclusions and recommended actions with all key stakeholders
Presents business cases and influences others to take recommended actions
Knowledge/Skills/Abilities/Experience
Bachelors degree; 10+ years of related experience
Excellent written and oral communication skills with ability to effectively communicate and present highly specialized terms and data
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
Strong collaboration and relationship skills
Coach and mentor others
Plan, implement, manage, and/or sponsor projects that are highly complex and/or large 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.
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.
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.
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It is the policy of Allstate to employ the best qualified individuals available for all jobs without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity/gender expression, disability, and citizenship status as a veteran with a disability or veteran of the Vietnam Era.
Company
- Website
- https://www.allstate.com/
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