Sr. Analyst - Financial Structures

General information

# 22554

Remote? No

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?

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 on going monitoring.

• 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

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

• 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.

Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. But Ally’s total compensation - or total rewards - extends beyond your paycheck and is designed to support and enrich your personal and professional life, including:

• Time Away: competitive holiday and flexible paid-time-off,…