Allstate Business Insurance - Underwriting Manager - Shared Economy
- Employer
- Allstate Insurance Company
- Location
- Northbrook, Illinois
- Salary
- Not Specified
- Closing date
- Apr 18, 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
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
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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