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Allstate

Allstate

Product-Pricing Technician Analyst II (Remote/Home-Based Worker)

Product-Pricing Technician Analyst II (Remote/Home-Based Worker)

Job Details
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Uploaded On
August 20, 2023
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Location
United States
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Remote?
Yes
Company Overview
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Headquarters
Northfield Township, IL
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Number of Employees
45780
Estimated Number of Actuaries
320
Salary
$
50
k-$
57
k
Glassdoor Ratings
""
Recommend to a Friend
51%
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Overall Score
3.4 / 5

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[ The world isn't standing still, and neither is Allstate. We're moving quickly, looking across our businesses and brands and taking bold steps to better serve customers' evolving needs. That's why now is an exciting time to join our team. You'll have opportunities to take risks, challenge the status quo and shape the future for the greater good.

You'll do all this in an environment of excellence and the highest ethical standards - a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.

Everything we do at Allstate is driven by a shared purpose: to protect people from life's uncertainties so they can realize their hopes and dreams. For more than 89 years we've thrived by staying a step ahead of whatever's coming next - to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We've been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection.

We are the Good Hands. We don't follow the trends. We set them.

Job Family Summary

The Pricing Technician family is within our Product Operations department works closely with actuarial, quantitative analysts, underwriting and coverage consultants to implement pricing and underwriting changes for Allstate's various lines of business. Our responsibilities include interfacing with the different business units as well as internal customers. Customers include technology, state filings, other cross-functional teams within Product Operations, and state Departments of Insurance.

Job Summary
The Pricing Technician Analyst's role is to problem solve and make business decisions by supporting diverse projects including rate and rule changes, data calls, compliance projects, system inquiries and a variety of ad-hoc initiatives.

Key Responsibilities
  • Participate in-depth training and learn insurance basics for product and technician responsibilities, specifically processes and expectations
  • Contribute to comprehensive timelines and project work plans to coordinate basic requirements of projects across various disciplines (Actuarial/Underwriting/Technical/Legal), including formal documentation and communication to interested parties;
  • Learn state regulatory environment and specific regulations to determine the implementation of pricing and underwriting changes
  • Assist in implementing rate and rule changes and other significant Pricing initiatives which includes;
    • Providing business requirements by adopting template system requirement documents
    • Representing pricing in implementation meetings with different systems and business partners
    • Contributes to test plan and completes all testing validation associated with the project, and providing SOX sign-off
    • Managing the project throughout to ensure all team members are meeting expected timelines to ensure effective on-time implementation
  • Create rate and rule Filings, and the associated communications with a given Department of Insurance (including Responses to Objections and Department Inquiries)
  • Develop understanding of the pricing and product and use this understanding to own basic compliance projects and resolve business inquires with support;
  • Create all post-implementation documentation associated with projects, including ensuring that documentation components are completed.


Job Qualifications

  • Associates Degree or related experience Preferred
  • Basic to intermediate proficiency in Microsoft Office suite, specifically Excel
  • Basic problem solving skills
  • Basic math skills
  • Basic decision making skills
  • Good communication skills (written/verbal)
  • Basic time and project management skills
  • Strong attention to detail
  • Works effectively in a team environment


Notes:

The preceding description is not designed to be a complete list of all duties and responsibilities. May be required to perform other related duties as assigned. Regular, predictable attendance is an essential function of this job.
Compensation offered for this role is $50,000.00-$57,000.00 per year and is based on experience and qualifications.

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 that's 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, you'll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy. For a full description of Allstate's benefits, visit allstate.jobs/benefits/

Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.

#LI-MT1

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 is the Law" 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. ]
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Working at 

Allstate

Allstate Corporation is one of the largest personal lines insurers in the United States, offering a range of insurance products including auto, home, renters, and life insurance. The company was founded in 1931 and is headquartered in Illinois, with operations in the United States, Canada, and other countries. Allstate is known for its innovative use of technology to improve the insurance experience for its customers, including the use of telematics to monitor driving behavior and offer discounts to safe drivers. The company also offers a variety of insurance products and services through its subsidiary companies, including Allstate Financial and SquareTrade. In addition to insurance, Allstate provides a range of financial services, including retirement planning, investment products, and banking services. The company is committed to social responsibility and supports a number of community initiatives, including disaster response and recovery efforts, education programs, and workforce development. Overall, Allstate is a respected leader in the insurance industry, known for its innovative products, financial stability, and commitment to social responsibility.

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