General information Career area Insurance Work Location(s) 1450 American Lane, IL, 500 Woodward Avenue, MI Remote? No Ref # 19342 Posted Date 02-26-25 Working time Full time Ally and Your Career 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?
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. The Opportunity

Location: hybrid role in Detroit, MI OR Schaumburg, IL (3 days in office / 2 days remote)

Manages and leads a Dealership Inventory Insurance program to ensure a profitable portfolio. Evaluates risks according to location, physical and moral hazards, underwriting guidelines and loss experience to accept, decline, or modify submissions. Also, evaluates information received concerning risk characteristics, inspection reports, producer information, etc. May review loss experience of individual accounts and assigned territory.

The Work Itself Serves as a consultant to producers and customer service personnel and claim personnel, as requiredWill serve as Program Manager managing team of designated underwriters, handling referrals based on the authority outlined in underwriting guidelinesWill submit complex or unusual risks or exposures and risks exceeding personal underwriting authority to line-of-business head for approvalEstablish and maintain program framework as it relates to guidelines, risk appetite, and potential program overlapOversee program's underwriting (relationships, personnel/team, documentation, and pipelines)Manage, develop, and train team to support the underwriting, in line with Business Plan for inventory productsProject planning and tactical execution: propose strategic plans and communicate on statuses and risks in a timely mannerDisplay complex underwriting/quantitative data in a simple, intuitive format and to present findings in a clear and concise mannerLead special projects to improve efficiencies and support strategic vision of the business

 

The Skills You Bring 5+ years in financial services with Insurance and/or Underwriting experience preferred2+ years leadership experience preferredAbility to provide advice/direction in primary areas of expertiseAdvanced analytical, customer service, and communication skillsLeveraging technical expertise and relationships to contribute to strategy and drive business resultsIntermediate Excel and other Microsoft suites productsProficient P&C/ADI program and product knowledge preferredWorking experience with R3 and Salesforce preferred How We'll Have Your Back

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 industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:

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.

Base Pay Range: $90000 - $125000 USDAn individual's position in the range is determined by the specific role, 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.  Incentive Compensation: This position is eligible to participate in our annual incentive plan.