Pricing Technician Analyst II

Description :

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Think that working in the insurance field can't be exciting, rewarding and challenging? Think again. You'll help us reinvent protection and retirement to improve customers' lives. We'll help you make an impact with our training and mentoring offerings. Here, you'll have the opportunity to expand and apply your skills in ways you never thought possible. And you'll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.

Job Description

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

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.

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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 see the notice regarding the San Francisco Fair Chance Ordinance.

For jobs in Los Angeles, please seethe notice regarding the Los Angeles Ordinance.

It is the policy of Allstate to employ the best qualified individuals available for all jobs without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity/gender expression, disability, and citizenship status as a veteran with a disability or veteran of the Vietnam Era.

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