Associate Actuarial Analyst

General information

Career area

Insurance

Work Location(s)

500 Woodward Avenue, Detroit, MI

Remote?

Ref #

15608

Posted Date

Tuesday, June 20, 2023

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?

The Opportunity

The Associate Analyst is responsible for supporting our insurance pricing and/or reserving processes at Ally Insurance. The Associate Analyst will work as part of a broader team to provide accurate and timely information for Actuarial Management via analysis, advanced analytics, and robust reporting processes. The Associate Analyst will be responsible for communicating and working collaboratively across multiple departments throughout the organization.

The Work Itself

Support a robust pricing and/or reserving review process for insurance business, including both standard actuarial techniques and advanced modeling
Develop indications and communicate them to Actuarial Management
Work collaboratively as a part of the broader Pricing and/or Reserving process
Support, enhance, and communicate business analytics to Senior Leadership
Foster innovation within the team and across the broader organization
Develop in an actuarial and business capacity and according to Ally vision and mission statement
This is a hybrid role. You will be required to be onsite 2-3 days a week.

The Skills You Bring

Passed 1 or more Casualty Actuarial Society exam(s) and dedication to attaining actuarial credentials
Programming skills in SQL/SAS/R/Python a plus
Strong written and oral communication and relationship building skills
High level of problem solving and critical thinking capabilities
Well-organized and detail-oriented
Strong work ethic
Minimum of Bachelor’s degree in risk management, finance, economics, actuarial science, mathematics, statistics, or related field
Proficiency in Microsoft product suite
Must be authorized to work in the US on a permanent basis

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: 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

60,000

Experienced

72,500

Expert

85,000

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

Ally Financial Glassdoor Company Review

3.7