Senior Analyst - Business Line Risk Management

The Opportunity

Insurance Business Line Risk team is looking for a skilled and detail-oriented individual with a positive attitude to join our team in supporting market and liquidity risk, underwriting, and credit risk.

This role is crucial in maintaining the integrity of our operations by addressing and resolving issues promptly and efficiently.

This position offers an excellent opportunity to strengthen the current governance and risk management framework by proposing creative ideas and formulating effective strategies.

You will have high visibility in the organization among Insurance Leadership, directing risk-related conversations and reporting on key risk matters to management committees.

This role works from an Ally office in either Detroit, MI or Schaumburg, IL.

The Work Itself

• Support Market and Liquidity Risk, including engaging with the trading desk and third-party investment managers, analyzing and reporting on investment performance and risks.
• Support Ally Insurance's governance structure, including updating policies and charters, and reporting to management committees and council
• Underwriting Risk Facilitate the governance and oversight of the Underwriting Risk Management process by reviewing proposals, managing updates to the Buy Box , and organizing Underwriting Risk Management Committee meetings.
• Credit Risk Monitor dealerships true-up balances and manage the review process for indirect credit exposures.
• Report to the Risk Management Committee on credit risk matters.
• Risk Appetite Manage updates to the Risk Appetite and report on actual performance and risks to the Risk Management Committee.
• Improve how Risk Limits and Key Risk indicators are used to monitor and report risk exposures in the business
• Support the completion of regulatory filings.
• Promote an effective risk culture by embodying strong governance and risk management and understanding business risks.

The Skills You Bring

• Bachelor's degree required
• 3+ years of experience with Insurance and / or Enterprise Risk Management required
• Strong command of MS Office (PowerPoint, Excel, and Word)
• Effective oral and written communication skills
• High level of problem-solving capability and research-oriented skills
• Efficient organizational and time management skills
• Strong project management skills
• Keen attention to detail Experience in building strong relationships / partnerships
• Strong interpersonal skills, adept at building effective connections with others

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.
30+ days ago