Ally
Overview
Ally Financial’s success comes from its people. We focus on health and safety, work-life balance, and diversity and inclusion. We offer generous benefits and employee resource groups to help you grow, develop, and learn new things. You’re constantly evolving, so shouldn’t your opportunities be, too? Work Schedule and Location
Work Schedule: Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need. Location: hybrid role in Detroit, MI or Schaumburg, IL (3 days in office / 2 days remote) The Opportunity
Evaluates risks according to location, physical and moral hazards, underwriting guidelines and loss experience in order to accept, decline or modify submission. Also evaluates information concerning risk characteristics, inspection reports, producer information, etc. May review loss experience of individual accounts and assigned territory. Must have insurance background. The Work Itself
Serves as a consultant to Producers, customer service, and claims personnel, as required. Works closely with internal Producers to place insurance coverage within Ally’s DOL program(s). Submits complex or unusual risks or exposures, and risks exceeding one’s underwriting authority level to appropriate parties for approval. May be assigned accounts or territories deemed to be more complex or have a catastrophic risk profile. Performs technical tasks and analysis required to support ongoing business operations. Articulates and presents a risk analysis and underwriting recommendations as needed. May collaborate with multiple teams to develop specialized proposals. Skills
The Skills You Bring
2+ years of underwriting experience required, with a preferred focus on physical damage insurance underwriting. Prior leadership experience is preferred. Bachelor's degree required, but 3+ years of applicable experience can be used in lieu of education. Advanced knowledge of Microsoft Office Programs required. Advanced knowledge in Excel is required, e.g. VLOOKUPs, pivot tables, and IF formulas. Compensation and Benefits
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 compensation and benefits plus additional incentives designed to meet your needs and those of your family. Time Away: 20 paid time off days plus 11 paid holidays and 8 hours of volunteer time off yearly (prorated). Planning for the Future: 401K with matching and company contributions, student loan pay downs and 529 educational save-up assistance, tuition reimbursement, employee stock purchase plan, and financial learning center and coach access. Health & Well-being: flexible health options including medical, dental, vision, life insurance, disability, Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity, and well-being programs. Building a Family: adoption, surrogacy and fertility assistance, paid parental and caregiver leave, dependent care FSA back-up and discounts. Work-Life Integration: Employee assistance program, Weight Watchers program discounts, and other discounts. Other: travel allowances, relocation assistance, signing bonus and/or equity depending on the role. To view more detailed information about Ally’s Total Rewards, please visit: 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 focused on Doing it Right. For more information, visit www.ally.com. Equal Employment Opportunity : Ally is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration 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 provide reasonable accommodation to applicants with disabilities. For accommodation requests, email hrpolicy@ally.com. Base Pay Range: $55,000 - $80,000 USD. Incentive compensation: eligible to participate in our annual incentive plan. Incentive details and compensation may vary by role and are subject to internal review and market conditions.
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Ally Financial’s success comes from its people. We focus on health and safety, work-life balance, and diversity and inclusion. We offer generous benefits and employee resource groups to help you grow, develop, and learn new things. You’re constantly evolving, so shouldn’t your opportunities be, too? Work Schedule and Location
Work Schedule: Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need. Location: hybrid role in Detroit, MI or Schaumburg, IL (3 days in office / 2 days remote) The Opportunity
Evaluates risks according to location, physical and moral hazards, underwriting guidelines and loss experience in order to accept, decline or modify submission. Also evaluates information concerning risk characteristics, inspection reports, producer information, etc. May review loss experience of individual accounts and assigned territory. Must have insurance background. The Work Itself
Serves as a consultant to Producers, customer service, and claims personnel, as required. Works closely with internal Producers to place insurance coverage within Ally’s DOL program(s). Submits complex or unusual risks or exposures, and risks exceeding one’s underwriting authority level to appropriate parties for approval. May be assigned accounts or territories deemed to be more complex or have a catastrophic risk profile. Performs technical tasks and analysis required to support ongoing business operations. Articulates and presents a risk analysis and underwriting recommendations as needed. May collaborate with multiple teams to develop specialized proposals. Skills
The Skills You Bring
2+ years of underwriting experience required, with a preferred focus on physical damage insurance underwriting. Prior leadership experience is preferred. Bachelor's degree required, but 3+ years of applicable experience can be used in lieu of education. Advanced knowledge of Microsoft Office Programs required. Advanced knowledge in Excel is required, e.g. VLOOKUPs, pivot tables, and IF formulas. Compensation and Benefits
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 compensation and benefits plus additional incentives designed to meet your needs and those of your family. Time Away: 20 paid time off days plus 11 paid holidays and 8 hours of volunteer time off yearly (prorated). Planning for the Future: 401K with matching and company contributions, student loan pay downs and 529 educational save-up assistance, tuition reimbursement, employee stock purchase plan, and financial learning center and coach access. Health & Well-being: flexible health options including medical, dental, vision, life insurance, disability, Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity, and well-being programs. Building a Family: adoption, surrogacy and fertility assistance, paid parental and caregiver leave, dependent care FSA back-up and discounts. Work-Life Integration: Employee assistance program, Weight Watchers program discounts, and other discounts. Other: travel allowances, relocation assistance, signing bonus and/or equity depending on the role. To view more detailed information about Ally’s Total Rewards, please visit: 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 focused on Doing it Right. For more information, visit www.ally.com. Equal Employment Opportunity : Ally is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration 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 provide reasonable accommodation to applicants with disabilities. For accommodation requests, email hrpolicy@ally.com. Base Pay Range: $55,000 - $80,000 USD. Incentive compensation: eligible to participate in our annual incentive plan. Incentive details and compensation may vary by role and are subject to internal review and market conditions.
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