Senior Actuarial Analyst - Pricing

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 Senior Actuarial Analyst is responsible for developing and supporting a robust pricing and/or reserving framework at Ally Insurance. The Senior Actuarial Analyst will be expected to independently lead projects from start to finish. This includes brainstorming, accurately executing advanced analytics, and effectively communicating results to Management and Senior Leadership. The Senior Actuarial Analyst may be expected to train, mentor, and/or develop one entry-level actuarial analyst, overseeing project responsibilities and performance management.

This role will have high visibility to Leadership and future advancement opportunities. Ideal candidates will have demonstrated leadership, communication, and technical skills. Programming skills a must. SQL/R/python preferred. Detroit office with a hybrid work schedule or remote.

• Support a robust pricing and/or reserving framework for insurance business, including both standard actuarial techniques and advanced modeling
• Lead, develop, and communicate advanced analytics to Management and Senior Leadership
• Foster innovation within the team and across the broader organization
• Work collaboratively as a part of the product development, pricing, and/or reserving processes
• Develop rate and/or reserve indications, segmentation analyses, and predictive models
• Support development of themselves and other associates in an actuarial capacity and according to Ally vision and mission statement

• ACAS or near ACAS preferred; 5 or more Casualty Actuarial Society exams required
• 4+ years of experience in actuarial roles; exposure to advanced rate making and/or reserving a plus
• Strong communication and relationship building skills
• Ability to adapt to change quickly and to easily adjust priorities as necessary and appropriate
• High level of problem solving and critical thinking capabilities
• Well-organized and detail-oriented
• Strong work ethic
• Minimum of Bachelor’s degree in risk management, finance, economics, actuarial science, mathematics, statistics, or related field
• Programming skills in SQL/R/python
• Must be authorized to work in the US on a permanent basis

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

Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals.

• 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…