Product Manager-New Consumer Products

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

Join Allstate’s Enterprise Consumer Product Innovation Team!
At Allstate, we’re shaping the future of protection. Our Enterprise Consumer Product Innovation team is at the forefront of creating new opportunities that redefine how consumers experience insurance and protection. We identify exciting new product ideas and transform them into thriving businesses that meet evolving consumer needs.
Our team combines expertise in strategy, product development, design, technology, and data to deliver innovative, consumer-focused solutions. We don’t just imagine the future—we build it.
What We’ve Achieved So Far:
Expanded into device protection, including smartphones, through a major acquisition.
Entered the digital protection space through both in-house development and a significant acquisition.
Built a peer-to-peer car-sharing business from the ground up.
Explored the future of consumer data and artificial intelligence, leading to a strategic investment and joint product development with a cutting-edge technology startup.
Developed new solutions in the “buy now, pay later” space through proprietary technology and in-house innovation.
How We Work
Our projects typically feature lean, cross-functional teams with expertise in business strategy, product development, technology, and design. The Strategy and Operations function plays a critical role in helping Allstate identify, define, refine, build, launch, and grow new product and business opportunities in a highly integrated manner.
Strategy and Operations Managers optimize approaches and outcomes to deliver consumer value, business value, and support Allstate’s broader enterprise growth and transformation strategy. These managers quickly grow to lead initiatives with true cross-functional scope, taking ideas from zero to launch and beyond.

Key Responsibilities

• Identify new product and business opportunities: Use strong business judgment and insights from internal and external signals to uncover and prioritize the most promising opportunities for Allstate now and in the future.

• Develop comprehensive strategies: Create holistic plans for selected opportunities, considering market dynamics, business models, and go-to-market approaches to craft the best path forward.

• Align with enterprise goals: Integrate new product strategies and business models with Allstate’s broader objectives to capture synergies and maximize impact.

• Lead cross-functional development: Drive the creation of new products and businesses by partnering with teams across design, technology, operations, finance, legal, and regulatory functions.

• Deliver successful launches: Execute large-scale launches of new products and businesses by collaborating with brand, marketing, sales, distribution, and customer service teams.

Relevant Experience

We are looking for versatile professionals with a proven track record of driving impact and owning outcomes. Ideal candidates will bring:

• Experience in product development and strategy: Background in roles focused on strategy or product within new product development efforts, ideally in environments where lean, cross-functional teams were responsible for success or failure (such as high-growth companies or innovation-focused consultancies).

• Critical thinking and problem-solving skills: Ability to approach complex challenges with structured thinking, broad business acumen, and creativity. Skilled at analyzing market, technology, and consumer landscapes to identify what matters most and draw actionable conclusions. Comfortable working with technology and data, including practical applications of artificial intelligence.

• Strong communication and stakeholder management: Proven ability to simplify complex topics, influence diverse teams, and build strong relationships across all levels of an organization, including executive leadership.

• Execution in ambiguity: Thrives in uncertain environments, challenges conventional thinking, and delivers major strategic initiatives with creativity and confidence.

Technology Requirements

• Allstate provides a full technology setup including laptop, monitors, headset, keyboard and mouse.
• Employees working from home receive a monthly connectivity reimbursement.
• A dedicated, private workspace is required.
• Reliable internet is required with minimum speeds of 50 MB download and 5 MB upload.

5 Years of Professional Experience Preferred

#LI-SP2

Skills

Analytical Thinking, Business Strategies, Creativity, Cross-Team Collaboration, Digital Products, Employee Supervision, New Product Ideas, Process Improvements, Product Innovations, Product Management, Strategic Collaborations, Strategic Objectives, Strategy Plan, Taking Initiative

Compensation

Base compensation offered for this role is $100,000 -$160,000 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.

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.

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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.