Product Management (Insurance) Lead Consultant

Posted Yesterday
Be an Early Applicant
Hiring Remotely in NJ, USA
Remote
85K-145K Annually
Senior level
Insurance
The Role
Lead product management for personal lines insurance products: analyze market and product performance, develop growth and pricing strategies, partner with underwriting and distribution, drive implementations, measure results, and advise leadership to meet profitability and market-share goals.
Summary Generated by Built In

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection. 

Job Description

Allstate is seeking a Product Management Lead Consultant to join our Ivantage team. In this role, you will take ownership of the financial performance and overall health of one or more insurance products, directly contributing to profit, growth, and market success.

This is a highly visible individual contributor role where you’ll serve as an advisor—leveraging your expertise to shape product direction, evaluate opportunities, and drive informed recommendations that influence key business decisions.

What You’ll Do

  • Analyze market trends, competitive landscape, and product performance to guide strategy

  • Develop and execute initiatives that support growth, profitability, and market share expansion

  • Provide expert recommendations to leadership on product strategy, pricing, and risk considerations

  • Partner cross-functionally with sales, underwriting, and business teams to deliver on key initiatives

  • Help bring new products, enhancements, and distribution strategies to market

What Makes This Role Exciting

  • Fast-paced, high-impact environment where priorities can shift quickly and innovation is encouraged

  • Strong collaboration across teams, giving you exposure to multiple business areas and leaders

  • A role that blends analytics, strategy, and execution

What You’ll Bring

  • Deep knowledge of personal lines insurance, including policy forms and exclusions

  • Ability to navigate complex product decisions and deliver results against tight deadlines

  • Strong analytical mindset with the ability to translate data into actionable insights

  • Experience working in collaborative, cross-functional environments

Key Responsibilities

• Perform analyses (e.g. competitor, product, market, risk management, financial) to understand the underlying health of the product(s)

• Execute strategies which may include new distribution channel initiatives, best practices and new products and services

• Manage / perform complex work assignments and problem resolution across systems, processes or channels and navigate obstacles to deliver the work product

• Analyze relevant facts and organize work to support strategies to ensure the integration and execution of product, pricing and risk management for countrywide usage

• Contribute to the achievement of short- and long-term strategies to achieve market share growth and profitability targets on a countrywide basis

• Measure and communicate results; make recommendations to leaders on redirection opportunities of efforts

• Direct the implementation of products

• Coordinate efforts across the organization to facilitate the implementation of initiatives

Education

• 4 year Bachelors Degree (Preferred)

Experience

• 5 or more years of experience (Preferred)

•Experience with Personal lines policies

• Data analysis experience – Power BI  

• Strong excel skills to manage data analysis

• Property and Casualty license (Preferred)

Education & Experience (in lieu)

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

#LI-DM1

Skills

Data Analysis, Market Share, Market Trends, Personal Lines Insurance, Product Strategies

Compensation

Compensation offered for this role is 85,000.00 - 145,075.00 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation.


Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.

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.

To view the “EEO Know Your Rights” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs.

To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.

It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.


Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home also receive a monthly connectivity reimbursement to help offset internet costs.


When working from home, you must have a dedicated, private workspace free from distractions, along with appropriate desk and seating. Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.

Skills Required

  • Deep knowledge of personal lines insurance including policy forms and exclusions
  • Data analysis experience with Power BI
  • Strong Excel skills for data analysis
  • Ability to translate data into actionable insights and provide recommendations to leadership
  • Experience working in collaborative, cross-functional environments
  • Ability to navigate complex product decisions and meet tight deadlines
  • 4 year Bachelor Degree or equivalent combination of education and experience
  • 5 or more years of relevant experience
  • Property and Casualty license

Allstate Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Allstate and has not been reviewed or approved by Allstate.

  • Retirement Support Retirement offerings include a 401(k) with company match and a company-funded pension, providing notable long-term value. These features are described as standout components of the package.
  • Leave & Time Off Breadth Paid time off is described as generous, with vacation and parental leave available. This breadth of leave supports work-life needs for a range of situations.
  • Flexible Benefits Flexible work arrangements include options for in-office, remote, or hybrid work. This flexibility is positioned as a meaningful part of the total rewards experience.

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The Company
HQ: Northbrook, IL
57,671 Employees
Year Founded: 1931

What We Do

At Allstate, we're advocates for peace of mind and a good life. And that comes through in everything we do. From building diverse and innovative teams that truly understand our customers' needs, to challenging each other to develop our careers in a meaningful way, and finally to the incredible results we're able to achieve together. See how we’re creating a better future through innovation, advocacy, and empowering people and communities

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