Senior Actuarial Analyst - Reserving & Analytics

General Information

Ref # 21172

Remote Work Option Yes

Overview of Ally and Your Career

At Ally Financial, we believe our success is driven by the collective achievements of our team members. We appreciate that our employees are not merely workers; they are individuals with unique dreams and aspirations. Our commitment to your well-being and growth includes prioritizing work-life balance and cultivating an inclusive environment. We offer numerous employee resource groups and a variety of generous benefits designed to enhance your personal and professional development.

The Opportunity

We are excited to invite applications for the role of Senior Actuarial Analyst to help transform our reserving framework at Ally Insurance. In this pivotal position, you will manage projects from conception to completion, leveraging advanced analytics to extract insights and clearly communicate your findings to Management and Senior Leadership. This role offers significant visibility to Leadership, creating opportunities for advancement. We are looking for candidates with strong leadership capabilities, technical expertise, and programming skills, specifically in SQL, R, or Python.

Your Responsibilities

Develop and refine a comprehensive reserving framework for our insurance sector, utilizing both traditional actuarial methods and innovative modeling techniques.

Independently lead and execute advanced analytical projects while effectively communicating insights to Management and Senior Leadership.

Foster a culture of continuous improvement and innovation within the team and the organization.

Collaborate with various teams in product development, pricing, and reserving functions.

Generate reserve indications, establish reserve ranges, and conduct in-depth analytics.

Encourage personal and professional growth, both for yourself and your actuarial colleagues, in line with Ally's vision and values.

The Skills You Bring

ACAS designation or nearing completion; passed at least 5 Casualty Actuarial Society exams required.

A minimum of 4 years’ experience in actuarial or data analysis; background in advanced ratemaking and reserving is a plus.

Excellent communication and relationship-building skills.

Proficient in programming languages, especially SQL and R.

Ability to adapt to changing priorities and respond swiftly to new demands.

Strong analytical and problem-solving skills.

Highly organized, detail-oriented, and proactive.

Bachelor’s degree in risk management, finance, economics, actuarial science, mathematics, statistics, or a related field required.

Must have authorization to work in the US permanently.

Support and Benefits

Ally offers a competitive compensation package that includes a base salary and performance-based incentives. Our total compensation is structured to enhance both your personal and professional life, including:

Time Off: generous holidays and flexible paid time off policies, including days dedicated to volunteering and civic involvement.

Retirement Planning: participate in one of the industry’s top 401K plans with matching contributions and programs for student loans and tuition reimbursements.

Health Benefits: flexible options for health, dental, and vision insurance, complemented by a comprehensive wellness program.

Family Support: assistance for adoption, surrogacy, fertility needs, parental leave, and childcare discounts.

Work-Life Balance: access to employee assistance programs and subsidized wellness initiatives.

Who We Are:

Ally Financial is a customer-focused leader in digital financial services, dedicated to providing exceptional service and innovative solutions. We prioritize integrity, aiming to be a trusted partner for our diverse customer base. To learn more, please visit ally.com.

Ally is an equal opportunity employer, promoting an inclusive workplace where diversity is celebrated. All qualified applicants will be considered regardless of age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity, pregnancy status, marital status, military status, genetic information, or any other legally protected status.

All candidates must be vaccinated against COVID-19 by their start date, unless currently employed by Ally.

We are committed to accommodating individuals with physical or mental disabilities during the application process. For accommodation requests, please reach out to us.

Compensation Range:

The compensation for this role will be based on the responsibilities, experience, education, and qualifications of the applicant. We conduct a thorough review of internal pay alongside market conditions before extending any offer.

Emerging: 85000

Experienced: 117500

Expert: 150000

This position is also eligible for participation in our annual incentive compensation program.