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Allstate Business Insurance - Underwriting Manager - Shared Economy

Employer
Allstate Insurance Company
Location
Northbrook, Illinois
Salary
Not Specified
Closing date
Apr 18, 2019

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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

The Sharing Economy is a rapidly growing, complex and dynamic marketplace. Allstate Business Insurance has taken a leadership position in the Shared Economy and is devoting significant resources to further expand products, capabilities and customers. Our team has successfully executed rapid expansion into rideshare and vehicle-share companies, and we are developing insurance and technology solutions for new customers across auto, home / office, and gig-service models.

Allstate Business Insurance is a ~$650 million operation, poised to be a top 10 Commercial Auto insurer by 2020, and is backed by the resources and strategic vision of Allstate Corporation (NYSE: ALL).

At Allstate, we recognize that in the Shared Economy, people want to insure their possessions differently. And protect themselves. As individuals become budding entrepreneurs, standard Personal or Commercial Insurance gets blurred.
You might have rented a room in someone elses house on your last vacation.
You might use an app on your phone to get a ride across town.
You might earn money while youre at work, by offering short-term rental of your car.
Our Business Insurance division is looking for an UW Manager to leverage unique insurance solutions to cover such risks.
As a member of our Shared Economy Team, you will be involved in building and managing a portfolio of Shared Economy risks. You will be a subject matter expert for complex issues that require highly innovative and creative solutions to the standard Commercial Insurance program.


The successful candidate will be responsible for the following:

Provides direction and guidance for multiple impact groups

Impact teams, department and aspects of functional and business results by leading complex/critical program execution across broad areas of responsibility

Independently determines approach to managing projects, team leads and other areas of responsibility within Allstate Business Insurance

Formulates strategic initiatives that drive improved efficiencies and results within department and ABI areas of responsibility

Leverages quantitative, qualitative, trend analysis and diversity of opinion to draw conclusions and drive business results

Directs ongoing measurement and analysis of results

Build cross-functional relationships, clearly articulates point-of-view, taking into account the perspectives of all related parties

Provide workflow oversight in order to deliver on time standards for all customers points, determining accurate staffing levels through work flow/work load analysis, controlling costs through proper utilization of staffing

Researches, develops and revises policies and procedures to ensure compliance with applicable laws, regulations, and company policies

Analyzes quality and quantity of accounts underwritten and prepares reports accordingly

Develops and maintains a profitable book of business by formulating, implementing and measuring results of corrective action plans

Supports all areas of responsibility building a broad range of partnerships within Allstate to accomplish goals

Facilitate communication across organizational boundaries to surface and resolve issues proactively

Formulate strategic plans, developing new methods and procedures to improve direct reports, team leads, and multiple impact group results

Responsible for day-to-day operations of assigned team(s) within ABI Underwriting

Job Qualifications

Experience
8+ years underwriting experience
5 years management experience preferred
CPCU or CIC preferred
Experience in large accounts, manuscripting policies, with knowledge of state deregulation statutes preferred. This can include crafting retrospectives and compositely rated accounts

Advanced Working Knowledge
Specific company products and services
Insurance industry rules, regulations, insurance products, system operation, and inventory control
Company operations, policies, procedures, objectives, and performance
Management reports
Workflow management techniques

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.

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.

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

COMPANY INFORMATION The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with more than 113 million proprietary policies. Allstate offers a broad array of protection products through multiple brands and diverse distribution channels, including auto, home, life and other insurance offered through its Allstate, Esurance, Encompass, SquareTrade and Answer Financial brands. Allstate is widely known from the slogan "You're in Good Hands with Allstate." The Allstate Corporation is the largest publicly held personal lines property and casualty insurer in America. Allstate was founded in 1931 and became a publicly traded company in 1993. In 2023, Allstate was number 84 on the Fortune 500 list of largest companies in America. WHAT WE DO We’re more than insurance agents and claims representatives. We’re individuals with hopes, plans and passions. The biggest of which is helping people live smarter, safer lives. Doing so means continuing to re-imagine how we do what we do, the impact we can make on the world, ways we can each succeed in our own careers and actions we can take as a company that are good for all. To do that, we need all kinds of people – including lawyers, accountants, building engineers, project managers, marketing professionals, human resource specialists and so many more. WHO WE ARE – INCLUSIVE DIVERSITY    We hold each other accountable to encourage and embrace our collective differences. It’s our individual characteristics, values and beliefs, along with backgrounds and experiences that give us fresh perspective and purpose. We work harder, meet customer needs more effectively, share better, and identify more innovative ideas when we are accepted for who we are by the world around us. Our success comes from a chorus of many different voices. At Allstate, every voice counts.​ In our stand against racism, we’ve been making changes within Allstate. We’ve been listening, learning and engaging in change. We are focused on improving equity for all. Allstate is committed to long-term change not only in the way we conduct our business, but also for our employees. There’s a dynamic environment waiting for you here. You’ll find people with similar interests, as well as the many who’ll help expand your horizons. We believe in the power of connections. That’s why Allstate promotes diversity through a robust network of employee resource groups. It helps connect us all and supports our unique talents. Here are some of the available resource groups that actively support our employees: Abilities Beyond Limitations & Expectations African American Working Network Allstate Asian American Network Allstate Foster and Adoption Network Allstate PRIDE Allstate Veterans Engagement Team and Supporters Allstate Women’s Information Network Entrepreneurs at Allstate Families at Allstate Matter Native American Peoples at Allstate Professional Latino Allstate Network Young Professionals Organization WHY JOIN OUR COMPANY Allstate has been protecting people from life's uncertainties since 1931. We continuously develop and improve products and services so our customers can live well protected. For employees, we offer an environment that fosters innovative thinking and collaboration - where you'll be able to explore your ideas and feel proud of the work you do.  Our Benefits Allstate is dedicated to helping employees live happier and healthier lives. As a Fortune 100 company and industry leader, we provide a competitive salary and a benefits package that includes medical and dental insurance, tuition assistance, 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.  Growth and Development We support your desire to grow and provide opportunities to learn, explore new horizons, and follow your passion in a meaningful career. From access to hundreds of learning opportunities to in-house networking and rotational work experiences, Allstate is a place where you can forge your own path and expand your personal and professional potential. 
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