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Ally · 1 day ago

Commercial Insurance Underwriter

Detroit, MI

Full-time

Hybrid

Entry, Mid Level

$55K/yr - $95K/yr

2+ years exp

Ally Financial is a customer-centric, leading digital financial services company. They are seeking a Commercial Insurance Underwriter to evaluate risks and make underwriting decisions based on various factors, providing support to Producers and internal teams.

AutomotiveFinanceFinancial Services

Responsibilities

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

Perform technical tasks and analysis required to support ongoing business operations

Articulate and present account’s risk analysis and underwriting recommendations as needed. May collaborate with multiple teams to develop specialized proposals

Qualification

Underwriting experiencePhysical damage insuranceMicrosoft OfficeExcel proficiencyLeadership experience

Required

2+ years of underwriting experience required, with a preferred focus on physical damage insurance underwriting

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, i.e. x look ups, v look ups, pivot tables, and if formulas

Preferred

Prior leadership experience is preferred

Benefits

Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).

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.