Commercial Insurance Underwriter

General information

# 20972

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?

Evaluates risks according to location, physical and moral hazards, underwriting guidelines and loss experience in order to accept, decline or modify submission. Also, evaluates information received concerning risk characteristics, inspection reports, producer information, etc. May review loss experience of individual accounts and assigned territory.

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. XLOOKUP, VLOOKUP, 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. 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, including time off for volunteering and voting.
Planning for the Future: plan for the near and long term with an industry‑leading 401(k) retirement savings plan with matching and company contributions, student loan and 529 educational assistance programs, tuition reimbursement, and other financial well‑being programs.
Supporting your Health & Well‑being: flexible health and insurance options including dental and vision, pre‑tax Health Savings Account with employer contributions 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 support as well as parental and caregiver leave, back‑up child and adult/elder day care program and childcare discounts.
Work‑Life Integration: other benefits including Life Matters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.

Ally Financial is a customer‑centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial‑services provider to our consumer, commercial, and corporate customers. For more information, visit

Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex,…