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General information

Career area
Insurance
Work Location(s)
500 Woodward Avenue, MI
Remote?
Yes
Ref #
17189
Posted Date
Tuesday, March 5, 2024
Working time
Full time

Ally and Your Career

Ally Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We live this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You’re constantly evolving, so shouldn’t your opportunities be, too?

The Opportunity

The Senior Actuarial Analyst is responsible for developing and supporting a robust reserving framework at Ally Insurance. The Senior Actuarial Analyst will be expected to independently lead projects from start to finish. This includes brainstorming, accurately executing advanced analytics, and effectively communicating results to Management and Senior Leadership. The Senior Actuarial Analyst could be expected to train, mentor, and develop one entry level actuarial analyst, overseeing project responsibilities and performance management. This role will have high visibility to Leadership and future advancement opportunities. Ideal candidates will have demonstrated leadership, communication, and technical skills. Programming skills a must. SAS/SQL/R preferred.

The anticipated application closing date for this role is 6/28/24

The Work Itself

  • Support a robust reserving framework for insurance business, including both standard actuarial techniques and advanced modeling
  • Lead, develop, and communicate advanced analytics to Management and Senior Leadership
  • Foster innovation within the team and across the broader organization
  • Work collaboratively as a part of the reserving processes
  • Develop reserving models, bootstrapping, stochastic simulation. and predictive tools
  • Support development of themselves and other associates in an actuarial capacity and according to Ally vision and mission statement

     Fully Remote may be considered, however a hybrid work schedule in the Detroit Ally office is preferred. 

The Skills You Bring

  • ACAS or near ACAS preferred; 5 or more Casualty Actuarial Society exams required
  • 4+ years of experience in actuarial roles; exposure to advanced ratemaking and/or reserving a plus
  • Strong communication and relationship building skills
  • Ability to adapt to change quickly and to easily adjust priorities as necessary and appropriate
  • High level of problem solving and critical thinking capabilities
  • Well-organized and detail-oriented
  • Strong work ethic
  • Minimum of Bachelor’s degree in risk management, finance, economics, actuarial science, mathematics, statistics, or related field
  • Programming skills in SQL/SAS/R

#LI-Remote

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: 11 paid holidays, 20 paid time off days, and 8 hours of volunteer time off, yearly (paid time off is prorated based on start date) 
  • 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 work@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.

Base Pay Range: An individual's position in the range is determined by the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer. 

Emerging
85000
Experienced
117500
Expert
150000
Incentive Compensation: This position is eligible to participate in our annual incentive plan.