Senior Manager, Product Management, Investments Technology (Capital Markets)

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 DescriptionThe Product Management Senior Manager (Technical) is responsible for defining, delivering, and managing the full lifecycle of two or more complex, technology-enabled products supporting Allstate’s Investments business. These products primarily span integration, data, middle-office, and back-office platforms can also expand to support front-office investment products as business needs evolve.This role owns product vision, discovery, roadmaps, and execution, balancing strategic thinking with hands-on delivery in a fast-paced, market-driven environment. The Senior Manager operates at the intersection of investment business needs, modern technology architecture, and enterprise standards, bringing an external, forward-looking perspective while ensuring timely, high-quality outcomes.Key Responsibilities Product Strategy & Lifecycle ManagementCreate, drive, and execute a holistic product strategy (not limited to software development) for two or more products in Allstate’s growing digital product portfolio.Define and manage product vision, roadmaps, backlogs, and KPIs to maximize business and enterprise value.Balance tactical execution with long-term strategic planning to ensure scalable, sustainable solutions.Make informed build, buy, or partner decisions to advance product strategy and maximize key performance indicators.Lead discovery and test-and-learn activities to quickly validate concepts and inform backlog investments.Business & Stakeholder PartnershipPartner with stakeholders across Investments, Enterprise Risk, and Enterprise Technology functions to understand needs and deliver outcomes aligned to investment objectives.Operate effectively in a market-sensitive environment requiring speed, agility, quality, and strong risk awareness.Serve as the “product expert” for assigned product areas, presenting to senior leaders and cross-functional teams as needed.Weigh alternatives and assess service, cost-benefit, and risk-reward implications of product decisions.Technical LeadershipProvide strong technical leadership across integration, data platforms, architecture, and operational systems.Collaborate closely with engineers and architects, bringing sufficient hands-on technical fluency to guide design, performance, scalability, and security decisions.Lead the adoption of emerging technologies (including AI and automation) where they deliver tangible business value, not technology for its own sake.Support modernization efforts while respecting the unique operating needs of the Investments business.Enterprise AlignmentAlign product delivery with enterprise standards, guardrails, and governance where appropriate.Thoughtfully adapt enterprise processes to meet the speed and agility demands of Investments technology.Monitor budgets and operational effectiveness; adjust strategies as business and market conditions evolve.People Leadership & DevelopmentCoach and mentor product managers and cross-functional team members.Lead a highly tenured organization through change, modernization, and new ways of working.Foster openness to innovation and continuous improvement.Build leadership depth and succession readiness within the product management organization.Success MeasuresTimely, high-quality delivery of integration and operational products.Clear product strategy aligned to investment business priorities.Effective use of modern architectures, data, and emerging technologies.Strong stakeholder confidence and partnership across Investments and Technology.Development of strong, future-ready product and technology leaders.Experience & Qualifications 10+ years of experience, preferredCapital Markets experience—particularly supporting investment, risk, or trading technology—is strongly preferred.Proven experience managing complex, technical products in data-heavy, high-velocity environments.Strong understanding of modern software architecture, data integration, and platform engineering.Demonstrated ability to lead seasoned teams through change and transformation.Supervisory ResponsibilitiesThis role has direct supervisory responsibilities and is expected to actively develop and lead people.#LI-JH1SkillsBusiness, Capital Markets, Finance Strategy, Financial Analysis, Influencing Others, Investment Advising, Investment Management, Investments, Investment Strategies, Leadership, Product Management, Product Strategies, Risk Analysis, Strategic Management, Systems ThinkingCompensationBase compensation offered for this role is $135,000- 190,000 / annually and is based on experience and qualifications.*** Total compensation for this role is comprised of several factors, including the base compensation outlined above, plus incentive pay (i.e. commission, bonus, etc.) as applicable for the role.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. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.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 Know Your Rights” 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.Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home also receive a monthly connectivity reimbursement to help offset internet costs.When working from home, you must have a dedicated, private workspace free from distractions, along with appropriate desk and seating. Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.SummaryLocation: Chicago River PointType: Full time