VP Allstate Financial Services Broker Dealer

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. As a leader in a corporation with 83,000 employees and agency force members, you’ll have a hand in transforming not only Allstate but a dynamic industry. 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 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 VP Allstate Financial Services Broker Dealer leader is expected to leverage in-depth industry and leadership knowledge to provide strategic and operational direction and guidance to the Broker Dealer and compliance organization specific to life and retirement business. This leader ensures that all Allstate Financial Services securities-related activities and operations of the broker-dealer are established and executed as designed. Responsible for the oversight of the chief compliance officer, brokerage operations, and sales leaders by ensuring all applicable legal, regulatory, and firm requirements are met. Leads development of regulatory and compliance protocols including licensing and registration of producers and sales leaders and responds to inquiries from industry contacts as needed. Accountable for developing broker-dealer business plans and fulfilling vendor and customer fulfillment standards. Anticipates and interprets internal and/or external business challenges and works across Allstate Life and Retirement and Allstate Personal Lines Sales and Distribution organization to ensure adherence to policies and procedures for broker dealer and securities business. This role collaborates with the Zone Leaders to broaden Allstate’s reach to middle-income households and integrate life and retirement products into go-to-market strategies.

Key Responsibilities:

Leadership

• Responsible for overall workflow and production of multiple departments and vendors
• Implements the company's Diversity Initiative goals for selection, training, development, and promotion of minority group members and women
• Approves or recommends placement of managers, promotions, compensation, and terminations
• Evaluates employees' performance and potential in order to prepare them for additional responsibilities
• Establishes/Approves work procedures/standards and ensures proper staffing and assignment of job responsibilities to employees
• Controls costs through the proper utilization of staffing and professional services
• Coordinates the development of performance standards

Relationship Management

• Collaborates with Allstate field distribution leaders to broaden Allstate Life and Retirement go-to-market strategies
• Conducts employee communication meetings
• Establishes agenda items, attends and schedules meetings to obtain/provide information to/from internal and external personnel
• Responsible for answering complex inquiries requiring interpretation of policies procedures, rules, regulations and corporate direction
• Interprets information received from other departments and company policy
• Participates in industry/community activities
• Responsible for handling question/complaints from internal/external sources regarding procedures, and practices

Development

• Serves as a role model, displaying and instilling an environment of trust, openness, participation, and integrity
• Coordinates activities to positively align with and contribute to a shared vision, values, and strategies of the organization
• Encourages and actively pursues creative problem solving and enables others to challenge conventional processes or practices
• Coaches and enables/empowers others to maximize their potential; encourages others to gain experience with success and failure
• Establishes high performance standards for self, teams, and others.
• Conveys a sense of urgency for action
• Works with leaders to establish the strategic direction, goals, and objectives of the department.
• Is proactive and an effective consensus builder among stakeholders/interested parties
• Provides appropriate direction to department management and provides leadership necessary to coordinate division/department activities consistent with departmental and corporate guidelines
• Works with user/client department leaders to ensure priorities remain in contact with user/company objectives

Administration

• Operational and project management expert
• Leads, attends, and participates in various Senior Leader meetings
• Compiles, analyzes, and communicates results
• Participates in the annual business plan process and provides input for business results and expense plans
• Leads and develops talent management programs and offerings
  

Knowledge and Experience:

• Bachelor’s degree; 10-15+ years of related experience
• Excellent written and oral communication skills with ability to effectively communicate and present highly specialized terms and data
• Expert knowledge of broker dealer and securities environments, FINRA, and insurance regulation, with working knowledge of distribution channels, personal lines, producer and sales leader education and onboarding, rate plans and product offerings
• Extensive knowledge of current industry standards/environment
• Strong collaboration and relationship skills
• Coach and mentor others
• Plan, implement, manage, and/or sponsor projects that are highly complex and/or large-scale key initiatives using accepted project management standards
• FINRA – Series 7 and 24 required and must be obtained within 90 days
• Professional designations such as CLU and ChFC are desired but not required
  

The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

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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.

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