Sr. Analyst - Financial Structures

General information Ref # 22554 Remote? No 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? The Opportunity 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. The Work Itself 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 The Skills You Bring Minimum Qualifications 3+ years of experience High school Diploma or GED equivalent Preferred Qualifications 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. #LI-Hybrid #DFS How We'll Have Your Back • 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 401K 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 LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.

Who We Are:

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 www.ally.com. 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, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law. Where permitted by applicable law, must have received or be willing to receive the

COVID-19

vaccine by date of hire to be considered, if not currently employed by Ally. We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at work@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.

Base Pay Range:

An individual's position in the range is determined by the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.

Emerging:

70000

Experienced:

95000

Expert:

120000

Incentive Compensation:

This position is eligible to participate in our annual incentive plan