Associate Analyst - U.S. Product Development .
Ally and Your Career
The Opportunity
Ally Financial Inc. manages a full range of aftermarket vehicle protection products available to consumers, including vehicle service contracts (Ally Premier Protection, Ally Limited Warranty), guaranteed asset protection (GAP) waivers, prepaid maintenance Ally Auto Care/Ally Auto Care +, and our Everyday Protection Products (tire/wheel, dent restore, windshield repair, key fob, theft, and appearance protection), and lease excess wear & tear (SmartLease Protect). The team identifies market needs through strong collaboration with our matrix partners and having an in depth understanding of the competitive marketplace for such products.
The Product Analyst will report to the Product Manager, supporting the development of new finance & insurance (F&I) products and be part of a broader team responsible for updating existing F&I products that are sold through various dealer networks. The position will also be responsible for conducting research on competitor F&I products and helping to identify, evaluate and bring to market new F&I product offerings. This position will require collaboration with matrix partners throughout the organization, including Sales, Pricing/Actuarial, IT Systems, Configuration, Operations, Legal / Regulatory, Sales Support, and Project Management. The position will also involve collaboration with our Canadian F&I Products business unit.
The Work Itself
- Champion organizational change management through collaborative efforts with matrix partners to identify new F&I product opportunities and to strengthen existing product positions in the market
- Lead market analysis and competitive reviews through research; be able to summarize & present findings to management
- Support third party relationships associated with delivering services for our F&I product offerings
- Act as a Subject Matter Expert on all F&I product offerings
- Grow knowledge about the industry, including the identification of emerging trends in the F&I product market
- Support the enhancement of Ally’s existing F&I product suite as well as the development / introduction of new F&I products
- Support the creation of consumer point-of-sale materials, internal/external communications relating to F&I products
- Support/collaborate with matrix partners to develop training programs over existing and new products; and serve as a subject matter expert on product training calls with the field sales team
- Develop and execute tactical planning aligned to department strategy
- Assist in defining, analyzing, and reporting out on key product performance metrics
- Support corporate governance and reporting related to product introductions
- Work collaboratively with Risk, Compliance, and Legal to facilitate required contract / customer agreement changes to satisfy lender and/or state specific requirements
- Identify innovation and business opportunities within the automotive F&I market
- Collaborate with our Canadian Products Team, sharing knowledge to develop best-in-class products in both markets
- Complete special projects relating to F&I products as needed
The Skills You Bring
- 1+ years of automotive retail, F&I, insurance, or Ally experience preferred
- Comfortable in discussing product development trends with small to medium audiences
- Bachelor's degree in business, finance or economics preferred
- High energy, results oriented with a strong work ethic and high degree of self-motivation
- Comfortable working in a highly collaborative team environment
- Effective problem-solving skills and communicating solutions
- Fluency with MS Word, Excel, PowerPoint and Microsoft Outlook desired
- Strong communication and presentation skills
How We'll Have Your Back
Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:
- Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).
- Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.
- Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.
- Building a Family: adoption, surrogacy and fertility assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts.
- Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.
- Other compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.
- To view more detailed information about Ally’s Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf
Who We Are:
Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com.
Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.
We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at hrpolicy@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.