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Ally and Your Career
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
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
- ACAS or near ACAS preferred, actively pursuing credentials with ability to communicate path forward
- At least 1 year experience of actuarial work experience, education with additional relevant background may be used to supplement
- 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
- 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.
