Ally Senior Insurance Risk Analyst in Detroit, Michigan
Ally Financial Inc.'s Independent Risk Management function is responsible for objective and critical assessment of risks and--through oversite, effective challenge, and other means--evaluation of whether Ally remains aligned with its risk appetite and risk limits. In this role, the Senior Risk Analyst / Risk Analyst will be responsible for implementation and execution of Independent Risk Management processes and procedures related to Insurance/Underwriting risk associated with Ally's Insurance Business Line. The successful candidate will support Enterprise Risk Management Policy process requirements related to risk identification, measurement and reporting.
Independently identify, assess, measure, mitigate, control, monitor, test, report, and escalate risks, including aggregated risks across the enterprise
Maintain strong working relationships with Business Line process owners and subject matter experts
Support development of routine product portfolio analytics and reporting and development of reports to support effective IRM review and challenge
Support the Identification and recommendation of risk limits that are consistent with Ally's stated Insurance/Underwriting Risk Appetite
Support the development of portfolio monitoring and reporting tools to ensure the enterprise insurance risk positions and performance of insurance products are consistently monitored and within tolerances
Escalate and report insurance risk concerns as necessary in line with Enterprise Risk Management Policy requirements
Education and Experience
Bachelor's degree required
2-4 years of risk management related experience preferred Technical Competencies
Strong experience with Microsoft Excel and Microsoft PowerPoint required
Data management skills (SQL, SAS) preferred
Experience with business intelligence tools (e.g., Power BI, Tableau, etc.) preferred Personal Competencies
Ability to multi-task and comfort adapting to a changing and developing environment
Strong analytical and technical ability
Ability to work collaboratively across business units in the organization
Excellent written and verbal communication skills
Good organizational skills with the ability to work independently and initiate proactively
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. Ally's legacy dates back to 1919, and the company was redesigned in 2009 with a distinctive brand, innovative approach and relentless focus on its customers. Ally has an award-winning online bank (member FDIC), one of the largest full service auto finance operations in the country, a complementary auto-focused insurance business, a growing digital wealth management and online brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies.
Business Unit/Enterprise Function
Ally Risk function manages and analyzes our exposure to internal and external risk factors. The group strives to achieve an appropriate balance between risk and return, to limit unnecessary risk, and to protect the company's financial returns.
Total Rewards Information
Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Plus, we have a flexible paid-time-off program including time off for volunteer opportunities. Ally's Total Rewards Program is designed to enrich your life at work -- and outside of it and includes:
Industry-leading 401K retirement savings plan with matching and company contributions
Wellness program encouraging healthy living with financial rewards
Flexible health insurance options including dental and vision
Pre-tax Health Savings Account with generous employer contributions
Pre-tax commuter benefits
Other work-life integration benefits including parental and caregiver leave, adoption assistance, backup child and adult/elder day care program, child care discounts, tuition reimbursement, LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs
Ally is an Equal Opportunity Employer
We extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual's 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.
Job Title: Senior Insurance Risk Analyst
Company: Ally Financial Inc.
BU Function: Risk
Experience Level: Experienced
Requisition ID: 19-5411