Commercial Insurance Underwriter

General information Career area Insurance Work Location(s) 1450 American Lane, IL, 500 Woodward Avenue, MI Remote? No  # 20972 Posted Date 10-20-25 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?

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

Location:

hybrid role in Detroit, MI or Schaumburg, IL (3 days in office / 2 days remote)

• Serves as a consultant to Producers, customer service, and claims personnel, as required.
• Works closely with internal Producers to place insurance coverage within Ally’s DOL program(s).
• Submits complex or unusual risks or exposures, and risks exceeding one’s underwriting authority level to appropriate parties for approval.
• May be assigned accounts or territories deemed to be more complex or have a catastrophic risk profile.
• Perform technical tasks and analysis required to support ongoing business operations.
• Articulate and present account’s risk analysis and underwriting recommendations as needed. May collaborate with multiple teams to develop specialized proposals.

• 2+ years of underwriting experience required, with a preferred focus on physical damage insurance underwriting.
• Prior leadership experience is preferred.
• Bachelor's degree required, but 3+ years of applicable experience can be used in lieu of education.
• Advanced knowledge of Microsoft Office Programs required
• Advanced knowledge in excel is required, i.e. x look ups, v look ups, pivot tables, and if formulas

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…