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Assistant Vice President of Product Management - Self-Funded Mid-Markets (Remote

Allstate logo

United States
Base Salary
110k-150k USD

Job Description

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 Summary:

The Assistant Vice President of Product Management for self-funded mid-market group health products is responsible for supporting the development of mid-market self-funded and stop loss products, services or recommendations to support the overall financials and health of product(s) as well as contributing to the achievement of profit and growth targets for product(s). This job is accountable for making recommendations to management, incorporating sales feedback and market intelligence to product direction, and coordinating activities for countrywide products and rollouts. This position may manage product analysts or consultants in accomplishing this work.

Key Responsibilities:

  • Contribute to the achievement of short and long-term strategies to achieve market share growth and profitability targets for level-funded programs and stop loss policies on a countrywide basis
    • Execute strategies to ensure the integration and execution of product, pricing and risk management for countrywide usage
    • Manage two or more Product Analysts and/or Consultants, including performance management, workforce planning and recruitment activities
    • Leverage expertise to provide recommendations to leaders on initiatives and strategic fit
    • Manage / perform complex work assignments and problem resolution across systems, processes or channels and navigate obstacles to deliver the work product
    • Design and support innovations in all aspects of the product development lifecycle
    • Support Product Management Leaders in the creation of communication plans, product development and recommendations to solve product or implementation issues
    • Determine or execute operational parameters to get new products/projects implemented
    • Responsible for seeking out resolutions to barriers
    • Work directly with stakeholders and cross functional AORs including marketing, sales and field product organization to align on strategies and execution methods
    • Understand and implement compliance requirements that impact the self-funded mid-market product line such as Mental Health Parity compliance and Mental Health Comparative Analysis
    • Work directly with third party vendors such as TPAs and point of service solutions to coordinate team evaluation of new offerings for the mid-market program
    • Oversee and own product relationships with third party partnerships such as TPAs and point of service solutions as assigned
    • Work closely with internal sales team to understand market needs and provide support in day to day requests
    • Ownership of component parts of stop loss products ensuring cohesive branding and developing and maintaining a carrier manual for stop loss programs
    • Collaborate with product team and internal partners to review and respond to state stop loss filings
    • Collaborate with small group self-funded Assistant Vice President to ensure cohesive program strategies and execution when applicable
    • Coordinate marketing and go-to-market initiatives identifying Allstate Benefits’ value proposition and product differentiation; assist with drafting of marketing materials

Supervisory Responsibilities:

This job has supervisory duties.

Education and Experience:

  • Bachelor’s degree or equivalent experience

• 7+ years relevant experience

Functional Skills:

  • Expertise in stop-loss/excess-loss insurance and self-funded health plans
    • Expertise in product, price, underwriting and insurance regulation knowledge, with working knowledge of Allstate Benefits’ plans and product offerings
    • Advanced knowledge about business in general, knowledge of industry and company economics;

• Advanced problem-solving skills

  • Knowledge of and experience working with stop loss, health insurance, and ERISA-governed compliance requirements
    • Working knowledge of cost containment strategies for self-funded programs
    • Ability to review vendor and client contracts to ensure business needs are met
    • Ability to navigate internal and external partners to see product development through from ideation to building requirements for implementation
    • Strong people and thought leadership; ability to develop, mentor and coach others
    • Strong change management skills
    • Communication skills combined with the ability to influence others at different levels of leadership
    • Ability to take ownership of work and move business forward independently and in collaboration with others
    • Ability to consistently achieve superior results
    • Ability to measure, evaluate, and act on results (financial and operational)
    • Demonstrated and foster a sense of urgency, strong commitment and accountability for achieving results
    • Proven ability to effectively network and communicate


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 $110,000.00-$150,000.00 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 Hands. Greater Together. ℠

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

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

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.

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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.

Advice from our career coach

As an aspiring candidate for the Assistant Vice President of Product Management position at Allstate, it is crucial to demonstrate a deep understanding of self-funded mid-market group health products and stop loss policies. Standing out as an applicant requires showcasing a strong background in product development, pricing, and risk management. Here are some key tips to help you shine in the application process:

  • Highlight your experience in managing product analysts or consultants, emphasizing your ability to lead, mentor, and drive performance within your team.
  • Showcase your problem-solving skills by outlining specific instances where you successfully resolved complex challenges in product development or implementation.
  • Demonstrate your knowledge of compliance requirements, especially in areas such as Mental Health Parity compliance and Mental Health Comparative Analysis, to exhibit your attention to detail and regulatory understanding.
  • Emphasize your ability to collaborate with cross-functional teams, stakeholders, and third-party vendors to achieve cohesive product strategies and successful go-to-market initiatives.
  • Illustrate your track record of achieving superior results, driving business forward independently, and effectively measuring and evaluating outcomes.

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