Business Development Trainee - 2026 Graduate Development Program at Allstate Insurance Company

Richfield, Ohio, United States

Allstate Insurance Company Logo
Not SpecifiedCompensation
Entry Level & New GradExperience Level
InternshipJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • Bachelor’s Degree in Marketing, Business, Communications, or a related field or equivalent experience
  • Typically participates in a formal training program for 6 months to a year
  • Performs work under close supervision and technical direction
  • Developing understanding of marketing principles and practices
  • Works on assignments of low technical complexity
  • Strong written and verbal communication skills
  • Available to work in the Richfield, Ohio office (program in June 2026)

Responsibilities

  • Develops skill and knowledge in conducting market research and networking to identify trends, customer needs, and competitive landscape
  • Learns to create and execute marketing campaigns across various channels, including digital, print, and social media
  • Participates in engaging with existing and prospective new customers to build relationships to achieve the division’s targeted profit goals
  • Assists in creating compelling marketing content, including blog posts, social media updates, newsletters, and promotional materials
  • Learns to monitor and analyze the performance of marketing activities and campaigns, including tracking statistics on prospect lists, hit ratios, business retention and new business production
  • May assist in supporting underwriting in fact gathering, underwriting, and pricing of renewals
  • May assist in preparing reports to analyze and develop existing business profile/mix and the quality and quantity of new business
  • Develops skills to promote additional coverage/programs to existing accounts and achieve premium development and retention/persistency goals
  • May assist with coordinating/transferring books of business and ongoing contract management
  • Performs other duties as assigned

Skills

Business Development
Insurance
Risk Management
Sales
Commercial Transportation

Allstate Insurance Company

Provides a range of insurance products

About Allstate Insurance Company

Allstate provides a variety of insurance products, including auto, home, and life insurance, aimed at protecting individuals and families from financial risks. The company operates by selling insurance policies, which customers pay for through premiums. These premiums are then invested to generate returns for the company. Allstate distinguishes itself from competitors by offering a multi-channel distribution approach, allowing customers to purchase insurance through agents, online platforms, or partnerships with other financial services. The company's goal is to ensure customer satisfaction and reliability, as reflected in their slogan, "You're in Good Hands with Allstate," while also promoting diversity and engaging in corporate social responsibility initiatives.

Northbrook, IllinoisHeadquarters
1931Year Founded
IPOCompany Stage
Financial ServicesIndustries
10,001+Employees

Benefits

Flexible Work Hours

Risks

Natural disasters due to climate change lead to higher insurance claims, impacting profitability.
Insurtech companies increase competition, potentially affecting Allstate's market share.
Regulatory scrutiny over data privacy could lead to increased compliance costs for Allstate.

Differentiation

Allstate offers a diverse range of insurance products, including auto, home, and life.
The company uses a multi-channel distribution strategy to reach a broad audience.
Allstate is committed to inclusive diversity and corporate social responsibility initiatives.

Upsides

Increased adoption of telematics allows for personalized premiums and better risk assessment.
Climate change drives demand for new insurance products covering emerging risks.
Growing digital insurance platforms enable Allstate to reach younger, tech-savvy consumers.

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