General information

Ref # 18043

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

This role is on a hybrid schedule in our Detroit office, in office a few days a week on a weekly basis with some remote days each week

Ally’s Independent Risk Management (IRM) function is responsible for objective and critical assessment of risks and through oversite, effective challenge, and other means evaluation of whether Ally remains aligned with its risk appetite and risk limits. Reporting to the Director of Insurance Risk, the Associate Actuary will be responsible for participating in multiple initiatives by covering actuarial aspects of key products and processes, developing new and enhancing current analyses, providing feedback to the business line, and communicating results to leadership in support of Insurance Risk’s broader actuarial initiatives.

The Work Itself

• Opportunity involves actuarial review over a wide range of products with the potential for exposure to property and casualty, and finance and insurance products
• Support review and challenge of key pricing and reserving activities by assisting management and providing independent perspective of pricing and product refreshes and reserving adjustments
• Gain technical expertise in Ally Dealership Insurance and Vehicle Protection products
• Foster innovation within the team and support development of themselves and other associates
• Build and maintain Insurance Risk’s consumption data infrastructure, enabling confident access across toolsets including Snowflake, Python, and R for Insurance Risk teammates and business partners
• Ability to organize and document their work product for internal and external governance and continuity
• Work collaboratively as a part of IRM to support comprehensive risk management

The Skills You Bring

• Minimum of Bachelor's degree in risk management, finance, economics, actuarial science, mathematics, statistics, or related field
• Actively pursuing ACAS designation with at least 2 of the 6 exams already completed
• Strong communication and relationship building skills
• Well-organized and detail-oriented with ability to adapt and easily adjust priorities as needed
• Knowledge and exposure to fundamental theories, principles and concepts
• Ability to perform technical based activities, including programming skills in key tools (R, SAS, or Python).

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 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:

Emerging: 60000

Experienced: 72500

Expert: 85000

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