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Ally · 9 hours ago

Senior Analyst - Business Line Risk, Reinsurance

Detroit, MI

Full-time

Hybrid

Mid, Senior Level

$85K/yr - $150K/yr

3+ years exp

Ally Financial is a customer-centric, leading digital financial services company. The Senior Analyst - Business Line Risk, Reinsurance will be responsible for delivering complex analysis in support of reinsurance placement, working closely with Business, Finance and Actuarial matrix partners.

AutomotiveFinanceFinancial Services

Responsibilities

Create reinsurance renewal submissions for core ADI programs (Dealer Open Lot and Garage)

Execute analyses quantifying risk protection and cost of various reinsurance options

Evaluate reinsurance programs and reinsurers against risk and policy standards

Review and develop reinsurance contract language

Lead analytics-based projects and or processes in support of optimizing reinsurance structures

Review and provide feedback in reinsurance framework and policy reviews

Assemble reinsurance program performance and tracking

Test and revise standards for weather event monitoring and summarize insights around risk for leadership

Qualification

Risk managementFinancial analysisPythonRCommunication skillsTime managementOrganizational skills

Required

Bachelor's degree required

Strong written and verbal communication skills, including presentations

Effective time management and organizational skills

Ability to prioritize workload and balance multiple initiatives and efforts

Ability to respond quickly to a changing environment

Ability to summarize analyses into key trends and insights

Preferred

3+ years of experience in insurance or another financial services industry preferred

Experienced in Python, R, or similar coding language preferred

Bachelor's degree required with a preferred concentration in risk management, finance, economics, mathematics, or related field

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.