Location
Detroit, MI | United States
Job description
Full job description
General information
Career area
Risk
Work Location(s)
1450 American Lane, IL, 500 Woodward Avenue, MI, Charlotte - 128 S Tryon Street, NC
Remote?
No
Ref #
17208
Posted Date
Thursday, March 7, 2024
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
- This position offers an exciting and challenging opportunity to apply modeling and analytics skills to an insurance business that is a subsidiary of a large financial institution. The manager owns the lifecycle of Ally Insurance’s customer profitability models, beginning with identifying needs from key stakeholders across various business units, understanding existing data, working with internal partners to close data gaps, gaining buy-in of profitability model usability from senior leadership, and using model outputs to assist the team in developing an underwriting risk monitoring function. In addition to serving as the subject matter expert to model users, the manager will provide the business and senior leadership with key insights and trend analyses.
The Work Itself
- Lead the planning, building, and enhancing profitability models and downstream underwriting risk reporting through collaboration with internal matrix partners (product pricing, finance, and other data/analytics functions)
- Present regularly to stakeholders and senior leadership to highlight analyses, model and product/portfolio trends and insights, and impact analyses on modeling and reporting enhancements and version changes
- Use models to design and perform ad hoc analyses on profitability trends, risks, and opportunities; also to own other ad hoc projects as needed
- Manage the governance of the team’s models and reporting tools, from successfully implementing sound control processes to leading the tools through effective review and validation exercises performed by Ally’s various Risk functions
The Skills You Bring
- 5+ years of experience in analytics, data analysis, modeling, forecasting or a similar role focused on data/statistical analysis required
- Bachelor’s degree in a quantitative field such as data science/analytics, statistics, economics, mathematics, actuarial science, or related is required
- Progress toward an advanced degree (such as MS in data science/analytics) or actuarial exam progress is preferred
- Related work experience can be used in lieu of degree
- Ability to form collaborative working relationships with partners across job functions and experience levels
- Outstanding analytical and problem-solving skills, should be a critical thinker, with strong attention to detail and accuracy
- Prior experience leading people and/or larger multifaceted projects is preferred
- Proficiency in data analysis design and analytics tools such as SQL, Python, or R; prior exposure to SAS or PowerBI is a plus
- Excellent written and verbal communication skills, and the ability to communicate ideas and insights to non-technical audiences, including senior leader
#LI-Hybrid
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:
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
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 [email protected]. 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
110000
Experienced
145000
Expert
180000
Incentive Compensation: This position is eligible to participate in our annual incentive plan.
Job tags
Salary
