"Alerted.org

General information

**Ref #** 20201

**Remote?** Yes

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 Principal of BL Reinsurance Risk is a dynamic leader with excellent communication skills and experience leading a high potential team, with a background in risk management, insurance, and / or business analytics and intelligence, and strong logic and problem solving. The Principal's responsibilities are centered on placement, reporting, and monitoring of Ally Insurance's reinsurance programs.

The Work Itself

* Ally Dealership Insurance reinsurance renewals - broker coordination, submission, presentation, analytics, contract review

* Reinsurance framework and policies; reinsurer and reinsurance program evaluation

* Develop leadership reports and presentations - reinsurance program performance, governance committee reporting

* Diversified reinsurance renewal support - contract review, reinsurer review

* Reinsurance operational support - quota share cash flow reconciliation, cession statements, invoicing, collateral, external reporting

* Regulatory reporting and stress testing - AM Best SRQ, BMA BSCR, OSFI BAAT Ratio, US & CAN ORSA

* Severe weather monitoring and communication

* Creation of new analyses to progress the business

The Skills You Bring

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

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

* Strong analytical, communication (written and oral), and interpersonal skills

* Ability to prioritize workload and balance multiple initiatives and efforts

* Ability to respond quickly to a changing environment

* Experience in training and developing talent

* Builds relationships and works collaboratively with peers in Business, Finance, and other stakeholder functions

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

* Will act as subject matter expert on reinsurance and risk mitigation

* Understands the big picture and can summarize complex information into meaningful insights for leadership

\#LI-Remote

\#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:** 110000

**Experienced:** 145000

**Expert:** 180000

Incentive Compensation: This position is eligible to participate in our annual incentive plan