Coverage Specialist - Commercial Lines
Allstate - Northbrook, IL

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Position Summary

To maintain coverage competitiveness within assigned line of business in accordance with the Business Insurance operating model.

Key Responsibilities

Provide Technical Support

Responsible for coverage content and language for one or more product lines

Draft contracts for new and existing products

Ensure regulatory compliance

Analyze major competitor’s products and make recommendations for business strategies accordingly

Develop and facilitate legal approval for new policy forms

Analyze ISO products and make recommendations for business strategies accordingly

Facilitate approval of ISO circular adoptions for assigned line(s) of business, where necessary

Work with product implementation area to ensure correct implementation of approved products

Establish successful partnership with key stakeholders within Business Insurance in order to improve the effectiveness of business decisions

Partner with AORs (Areas of Responsibility) and others to develop and implement product improvements with improved speed to market for the purpose of growing top-line premium and improving bottom-line profitability for assigned product lines

Provide consultation on complex problems/projects and effectively communicate resolution

Consult on multiple projects and prioritize activities

Maintain in-depth knowledge of company products and regulatory environment of insurance industry

Functional Knowledge

Stays current with skills by continually seeking opportunities for learning and development within their respective discipline(s)

Leverages awareness of current industry standards/environment to impact decisions and indicate requirements

Serves as a subject matter expert and can consult on complex issues within their discipline(s) from an internal perspective

Monitor Project Compliance

Partners with less experienced Business Insurance employees to ensure accuracy and effectiveness of project management

Qualifications

Required Skills

Intermediate/Advanced: Communication - both written and oral

Intermediate: Project Management and Time Management Skills

Intermediate: Process Development

Intermediate/Advanced: Decision Making

Intermediate/Advanced: Experience in Insurance Operations

Intermediate/Advanced: Microsoft Office Suite of tools, specifically Excel, Word, and Outlook

Proven attention to detail

Required Experience

BA/BS required

Minimum 3+ years prior experience in product management.

Related insurance experience in the P&C industry is highly preferred but not required.

Job

Product Management

Primary Location

IL-Northbrook

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