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General information

**Ref #** 19609

**Remote?** No

Ally and Your Career

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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 Analyst will be responsible for developing analyses, presentations, and synthesizing data from various sources in support of reinsurance placement & administration, working closely with Business, Finance, and Capital/Catastrophe Modeling matrix partners. This is a high visibility role in the insurance organization supporting key growth initiatives for Ally. There will be interaction with internal and external parties in addition to solo and team projects.

This position offers an excellent opportunity to learn about the various core dealership and diversified growth programs and delivering solutions for large loss risk management. The team is responsible for placement of property & casualty treaties for the core Dealer Open Lot and Garage programs, as well as review of other strategic growth partnerships. Placement involves working with the business and external brokers to develop programs to balance cost and risk appetite.

This role would also assist administration of the programs including cession statement production, payments and settlements, and true-ups. In addition, risk management tasks occur throughout the year such as catastrophe risk monitoring, financial projections, and weather event reporting. Depending on skills, there is opportunity to using programming and other business intelligence and modeling tools. Training and development into these areas are expected over time. There are further opportunities to rotate into the capital modeling or catastrophe modeling teams in the larger organization.

The Work Itself

* Review and provide feedback in reinsurance framework and policy reviews

* Evaluate reinsurance programs and reinsurers against risk and policy standards

* Excecute analysis quantifying risk protection and cost of various reinsurance options

* Lead analytics-based projects and or processes in support of optimizing reinsurance structures

* Create reinsurance renewals for core ADI programs (Dealer Open Lot and Garage)

* Provide operational support for reinsurance programs (cession statements, invoicing, collateral, external reporting)

* Conduct regulatory reporting and stress testing (AM Best SRQ, BMA BSCR, OSFI BAAT Ratio, US & CAN ORSA)

* Assemble reinsurance program performance and tracking

* Test and revise standards for weather event monitoring and summarize insights around risk for leadership

The Skills You Bring

* 3+ years of experience in insurance or or other financial services industry required

* Bachelor's degree required with a preferred concentration in risk management, finance, economics, mathematics, or related field

* Strong written and verbal communication skills, including presentations

* Effective time management and organizational skills

* Ability to prioritize workload and balance multiple initiatives and efforts

* Ability to respond quickly to a changing environment

* Experienced in Python, R, or similar coding language

* Ability to summarize analyses into key trends and insights

\#LI-Hybrid

\#DFS

How We'll Have Your Back

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Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. But Ally’s total compensation - or total rewards - extends beyond your paycheck and is designed to support and enrich your personal and professional life, including:

* Time Away: competitive holiday and flexible paid-time-off, including time off for volunteering and voting.

* 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 and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs.

* Supporting your Health & Well-being: flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions 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 support as well as parental and caregiver leave, back-up child and adult/elder day care program and childcare discounts.

* Work-Life Integration: other benefits including LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.

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.

Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine by date of hire to be considered, if not currently employed by Ally.

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at [email protected]. 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