Senior Analyst - Business Line Risk Reinsurance

General information

Career area Insurance Work Location(s) 500 Woodward Avenue, MI Remote? No Ref # 19609 Posted Date 04-16-25 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?
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 Opportunity

The Senior Analyst will be responsible for developing analyses, presentations, and synthesizing data from various sources in support of reinsurance placement & administration, working closely with Business, Finance, and Capital/Catastrophe Modeling matrix partners. This is a high visibility role in the insurance organization supporting key growth initiatives for Ally. There will be interaction with internal and external parties in addition to solo and team projects.

This position offers an excellent opportunity to learn about the various core dealership and diversified growth programs and delivering solutions for large loss risk management. The team is responsible for placement of property & casualty treaties for the core Dealer Open Lot and Garage programs, as well as review of other strategic growth partnerships. Placement involves working with the business and external brokers to develop programs to balance cost and risk appetite.

This role would also assist administration of the programs including cession statement production, payments and settlements, and true-ups. In addition, risk management tasks occur throughout the year such as catastrophe risk monitoring, financial projections, and weather event reporting. Depending on skills, there is opportunity to using programming and other business intelligence and modeling tools. Training and development into these areas are expected over time. There are further opportunities to rotate into the capital modeling or catastrophe modeling teams in the larger organization.

The Work Itself

• Review and provide feedback in reinsurance framework and policy reviews
• Evaluate reinsurance programs and reinsurers against risk and policy standards
• Excecute analysis quantifying risk protection and cost of various reinsurance options
• Lead analytics-