Business Architect - New 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

Allstate's Consumer Product Solutions (CPS) team helps drive Allstate's future by identifying compelling business opportunities and developing selected opportunities into thriving businesses. We bring together skills in strategy, design, technology, and data to create new, consumer-focused insurance and protection products. Examples of past product and business innovations include:

Exploration of risk assessment technologies that resulted in a B2B big data new co.

Exploration of the emerging device (e.g. smart phone) protection space that resulted in a $1.4B acquisition

Exploration of the digital protection space that resulted in a $525M acquisition

Exploration of the peer-to-peer economy that resulted in a P2P car sharing new co.

Exploration of the future of consumer data and AI that resulted in series A investment and joint product development with a leading Web3 startup

CPS projects typically feature cross-functional teams with expertise in Business Strategy, Product, Technology, and Design. Business Architects are the hands on cross-functional people and project leaders of these teams. They lead the way in helping Allstate identify, define, develop, and market new product and business opportunities by leading their direct teams and collaborating closely across the Allstate enterprise. They are generalists who can come from a variety of backgrounds, but who have top tier business, technology, and consumer acumen.

Remote work opportunities are available.

Key Responsibilities

• Lead a cross-functional product development team to i dentify, define, and build winning products, strategies , and business models . In early stages, this includes framing the problem /opportunity , scoping the work and delivery process, answer/hypothesis generation, and design of analyses. In the later stages, this includes leading software delivery teams and go-to-market execution.

• Integrate strategies, business models, and goals of Allstate's new product development efforts with broader enterprise goals and activities, identifying and capturing synergy opportunities. Additionally, the person will execute a product roadmap and vision that innovates against our current product portfolio .

• Manage a cross-functional and cross-enterprise stakeholder group. Build alignment through clear communication - rooted in a warm, collaborative engagement style. Tactically, this will require designing and structuring crisp discussion messaging and materials. Interpersonally, this will require developing strong relationships across multiple levels of the organization and earning influence and credibility along the way.

• Drive a wide portfolio of strategic partnerships - e.g. product capability licenses with startups, distribution agreements with commercial partners, and a variety of cross-Allstate, cross-functional partnerships.

• As the project scales, build up the team and the company's capabilities . Additionally, this person will deliver and execute an integrated, repeatable development process, designed for speed to ideas, with the ability to test products in market and move to scale.

• Define, drive and execute a product roadmap and vision that innovates against our current product portfolio and builds a pipeline of new product innovations that meet clear customer needs and a defined business opportunity.

• Advance our connectivity strategy with digital, mobile-first product ideas designed to increase a connected relationship with our customers.

• Execute an integrated, repeatable development process, designed for speed to ideas, with the ability to test products in market and move to scale.

• Create comprehensive go-to-market plan, launch, and sustain to ensure success in market.

• Develop outcome-based metrics tied to market opportunity and ability to capture growth across distribution channels .

Relevant Experience

Candidate s will have 5+ years of experience and a track record of cross-functional leadership and value creation at top companies.

Product Development Experience : t he ideal candidate will have experience building new products and bringing them to market at leading digital consumer product companies .

Ideal candidates can d emonstrate an ability to build and lead cross-functional product development teams (incl. strategy & ops, product, design, software engineering) .

Ideal candidates are passionate and conversant about business today and in the future , with a n eye for differentiation through digital technology , data/analytics/AI, and customer experience .

Other Relevant Experience: other qualified candidates may also demonstrate a combination of:

Start-Up/High Growth Experience: roles in product, strategy & ops, and/or business development with a hand in growing and scaling business es in open-ended and fast-moving environments.

Education: A bachelor's degree with a differentiated academic track record is preferred . MBA and/or technical degree is also preferred

Structured Thinking: critical thinking skills are vital to this role, including broad business acumen to tackle a wide range of issues in an integrated fashion ( e.g. market landscape , technology landscape, consumer landscape ) and the ability to identify and define problems, collect data, establish facts and demonstrate a 'nose for value' to discern what is impor tant and draw valid conclusions. Additionally, Strong systems think ing with the ability to see across the organization and connect the dots.

Analytical Excellence: Excellent problem-solving skills with the ability to bring a creative approach and demonstrate "next level of thinking" is required. Ability to synthesize complex information and present it in a clear, concise, and strategic manner.

Powerful Communication: The right fit candidate will possess excellent presentation skills, powerful communication ability, and strong interpersonal skills .

Leadership / Stakeholder Management: S uccessful track record of leading, developing and influencing a high-performing team at all levels of the organization, and experience developing strong relationships , including with executive stakeholders.

Execution Orientation in Ambiguity: The successful candidate will thrive in ambiguity and is an out-of-the-box and creative thinker who is comfortable with questioning the status quo and generally accepted belief s while delivering major strategic initiatives .

Skills

Compensation

Compensation offered for this role is $121,600.00 - 206,650.00 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. And one where you can impact the future for the greater good.

You'll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we've proven that Allstate empowers everyone to lead, drive change and give back where they work and live.

Good Hands. Greater Together.

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.

Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.