Product Analyst

Malvern, Pennsylvania
Not Specified
Mar 11, 2018
May 10, 2018
IT , Product Manager
Job Type
Not Specified
Career Level
Not Specified

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

This position is with the Field Product Management Team in the Northeast Region. The purpose of the department is to support and drive profitable growth and increase market share in the Northeast Region. This is driven through specific price/product/risk management initiatives, market intelligence, local market planning, and policy adherence. The scope of this position is to support margin management analysis through the monitoring and communication of key profitability measures by line and quality. The candidate will be responsible for root cause analysis, development of strategies, execution and communication of these results using all available tools and resources.

Key responsibilities

Assess quality, loss and premium factors across lines of business against expected and desired outcomes.

With direction, applies business and technical skills to analyze key performance indicators and make recommendations to drive profitable growth.

Provide consultative guidance and recommendations to clients in home office, regional departments and sales related to business decisions.

Provides observations on basic trend analysis (e.g., competitor analysis, risk management, financial).

Conducts appropriate analyses for projects and makes recommendations to achieve corporate goals.

Analyze data and review analysis from others and identify and resolve basic data issues.

Develops working knowledge of all Allstate personal lines product, price and risk management policy.

Participate in the development of an education strategy and materials regarding the implementation of a new product, price or risk management policy or process of low to moderate complexity.

With direction plans, implements, manages, and/or contributes on projects that are low to moderate complexity and are small to moderate scale using accepted project management standards.

Achieve firm project implementation timeframes and standard documentation procedures to ensure delivery of a quality product and achieve speed to market.

Actively participates in building strong relationships among teams and team members in sales, pricing, claims, finance, risk management, and others to ensure cooperation on project objectives.

Learns standard market specific implications of business strategies

Learns and adheres to proper execution of regulatory/legislative practices for Product Management

Learns and adheres to the internal and external compliance requirements/standards

Job Qualifications

Bachelors degree in Mathematics, Finance, Economics, Risk Management, or related curriculum

0-2 years of experience working with business analytics preferred

Possesses ability to manipulate and analyze data to draw appropriate conclusions

Proficiency in Microsoft applications, including Excel, SQL, Visual Basic, Access, Word, and PowerPoint and/or other modern data analysis systems

Attention to detail with the ability to spot inconsistencies and troubleshoot potential issues

High level organizational and project management skills in order to handle multiple concurrent assignments in a timely manner and to monitor processes throughout a team or department

Strong written and verbal communication skills including the ability to effectively collaborate with multi-disciplinary groups and all organizational levels

Ability to manage relationships in a fast paced environment, while demonstrating persistence and problem solving skills.

Professionalism, positive attitude, and the ability to work well with diverse perspectives are keys to success in this position.

Strong decision making skills

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.

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.


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