Auto Insurance Product Manager

Allstate Insurance Company; United States; Remote; USD 104,000 - 164,000; Full time

Job summary

A leading insurance company is seeking an Auto Insurance Product Manager responsible for achieving profit and growth across assigned states in the auto line of business. The position involves formulating data-driven strategies, overseeing P&L, and leading analytical evaluations to optimize product offerings. This challenging role requires strong experience in the insurance industry, strategic thinking, and the ability to manage complex data analytics for decision-making.

Qualifications

• 7 or more years of insurance experience preferred.
• 4-year Bachelor’s degree preferred.
• Data-driven decision-making skills required.

Responsibilities

• Ownership of P&L for assigned auto insurance states.
• Leads formulation of strategies using data and analytics.
• Analyzes data to develop actionable insights for product changes.

Skills

Data Analysis

Strategic Thinking

Risk Management

Communication

Analytical Evaluation

Education

4 year Bachelor's Degree

Job description

National General is a part of The Allstate Corporation, which means we have the same innovative drive that keeps us a step ahead of our customers’ evolving needs. We offer home, auto and accident and health insurance, as well as other specialty niche insurance products, through a large network of independent insurance agents, as well as directly to consumers.

Job Description

The Auto Insurance Product Manager is accountable for achieving profit and growth targets for assigned states for the Auto line of business. The Auto Insurance Product Manager designs, develops, manages and leads strategies, initiatives, and people using product, pricing, and risk management knowledge to achieve business goals. The Auto Insurance Product Manager leads the analytical evaluation of product and underwriting strategies and plans across the state management team.

Key Responsibilities

• Ownership of P&L for assigned auto insurance states

• Leads the formulation of strategies using data and analytics to achieve business objectives

• Analyze data to assess early detection of trends, developing actionable insights and to inform decisions on rates and risk management guidelines. This includes developing new insights and understanding of business performance based on exploratory analytics

• Proactively leads the identification, development, execution and post implementation evaluation of strategies to address challenges and maximize opportunities

• Manages competitive landscape analysis to inform rate, risk management guidelines and product decisions

• Communicates and coordinates state and product efforts with IT, Sales, Compliance, Marketing, Finance and other areas both within the division and throughout the enterprise

• Ensures product and risk management policies are compliant with state specific regulations; provides regulatory/market conduct exam support as needed

• Analyzes data and implements product changes in order to meet expectations for profitability, conservation, refinement and geographic expansion of existing business and implementation of any new product structures

• Works with product analyst resources to drive business growth and profitability

Education

• 4 year Bachelors Degree (Preferred)

Experience

• 7 or more years of insurance experience (Preferred)

Supervisory Responsibilities

• This job does not have supervisory duties.

Education & Experience (in lieu)

• In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

#LI-SH3

Compensation

Base compensation offered for this role is $104,000 - $163,380 annually and is based on experience and qualifications.

*** Total compensation for this role is comprised of several factors, including the base compensation outlined above, plus incentive pay (i.e. commission, bonus, etc.) as applicable for the role.

National General Holdings Corp., a member of the Allstate family of companies, is headquartered in New York City. National General traces its roots to 1939, has a financial strength rating of A– (excellent) from A.M. Best, and provides personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, supplemental health, and other niche insurance products. We are a specialty personal lines insurance holding company. Through our subsidiaries, we provide a variety of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche insurance products.

Companies & Partners

Direct General Auto & Life, Personal Express Insurance, Century-National Insurance, ABC Insurance Agencies, NatGen Preferred, NatGen Premier, Seattle Specialty, National General Lender Services, ARS, RAC Insurance Partners, Mountain Valley Indemnity, New Jersey Skylands, Adirondack Insurance Exchange, VelaPoint, Quotit, HealthCompare, AHCP, NHIC, Healthcare Solutions Team, North Star Marketing, Euro Accident.

Benefits

National General Holdings Corp. is an Equal Opportunity (EO) employer – Veterans/Disabled and other protected categories. All qualified applicants will receive consideration for employment regardless of any characteristic protected by law. Candidates must possess authorization to work in the United States, as it is not our practice to sponsor individuals for work visas. In the event you need assistance or accommodation in completing your online application, please contact NGIC main office by phone at [phone].