General information

Career area
Insurance

Work Location(s)
500 Woodward Avenue, MI

Remote?
No

Ref #
22554

Posted Date
06-18-26

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? Work Schedule: Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need.

The Opportunity

This is a great opportunity to join a growing area of the business and market while developing institutional knowledge, transferable skills, and gaining exposure with leadership. Candidates would be able to work alongside a strong, driven team and contribute to a positive and supportive culture that we embrace. This position offers an excellent opportunity to support all aspects of Ally Insurance's growing Dealer Reinsurance program from dealer enrollments to ongoing dealer reporting and account maintenance. Ally's Dealer Reinsurance program provides participating dealers the opportunity to share in the underwriting profit and investment income generated by VSC and GAP contracts that they originate on Ally Insurance's behalf. Dealers may establish their own reinsurance company or they may purchase stock in our available super captive reinsurance company. Ally Insurance's Financial Structures Operations team is responsible for the administration associated with the dealer-owned and super captive programs, including dealer enrollments and activations, cession statement production, trust account maintenance and draw downs, account reconciliations, payments and settlements, account terminations/commutations, as well as ongoing monitoring.

The Work Itself

• Approximately 75% of the role is managing monthly/quarterly operational processes and calculations for our dealer reinsurance portfolio and 25% would be interacting/influencing with the field, dealers or other stakeholders and/or working through projects to support strategic initiatives
• Developing key performance indicators; analyzing results and communicating with leadership.
• Maintaining other Financial Structures programs including program set-up, performance monitoring and reporting.
• Working with Accounting on reinsurance account reconciliations, year-end reporting, etc.
• Assisting with reinsurance dashboard maintenance Incorporating improvements to current dealer-facing reinsurance reporting
• Maintaining reinsurance company formation documents, monitoring warehoused accounts, creating and managing reinsurance configuration set-up, and producing dealer reinsurance and trust account agreements
• Supporting process improvement efforts, including creating desktop procedures

The Skills You Bring

Minimum Qualifications

• 3+ years of experience
• High school Diploma or GED equivalent

Preferred Qualifications

• 3+ years in customer service or financial services industry
• Skilled in data manipulation and analytics
• Experience in insurance or other financial services industry preferred
• Bachelor's degree in risk management, finance, economics, mathematics, or related field preferred
• Strong communication (verbal and written) and interpersonal skills
• High level of accountability and the ability to effectively prioritize tasks
• Ability to take initiative and work as needed to ensure deadlines are met
• Effective at working independently and also collaboratively as part of a team
• Detail oriented with a high level of problem solving capability
• Intermediate+ user of MS Office, and PowerBI.

LI-Hybrid

DFS

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: 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.

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 hrpolicy@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: $70000 - $120000 USD
An individual's position in the range is determined by the specific role, 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.
Incentive Compensation: This position is eligible to participate in our annual incentive plan.