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 identify, 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 ou