Insurance Product Analyst

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

The Insurance Product Analyst supports the execution of state-level product strategies for Auto and Home insurance in the Independent Agency channel. This role works closely with State Product Managers to analyze business performance, support rate changes and regulatory filings, and contribute to team process improvements.

Key Responsibilities

• Assist in analyzing marketplace dynamics, competitive positioning, and key business performance metrics to support the development of local product and pricing strategies.
• Use internal and external data sources to conduct research and perform analysis that informs product, pricing, and underwriting decisions.
• Apply SQL, Excel, Power BI, and other tools for data extraction, analysis, and reporting.
• Present findings and recommendations in a clear, concise manner to support decision-making by product managers and other stakeholders.
• Develop business requirements for rate changes and other discretionary or compliance-driven projects, and support the pricing, rule, rate, and underwriting filing process in collaboration with product, actuarial and regulatory teams.
• Support the execution of product and pricing initiatives by tracking timelines, deliverables, and performance metrics, ensuring alignment with business goals.
• Understand relevant regulatory and compliance requirements and assist in ensuring strategies and initiatives adhere to applicable standards.
• Foster a positive, team-oriented culture by sharing knowledge, supporting peers, and contributing to shared goals and deliverables.

Supervisory Responsibilities

• This job does not have supervisory duties.

Skills

Agile Methodology, Data Analysis, Personal Lines Auto, Personal Lines Insurance, Problem Solving, Product Management, State Management, Strategic Collaboration

Compensation

Base compensation offered for this role is $70,000- $90,000 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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