What are the responsibilities and job description for the ADI Program Underwriter position at Ally Financial?
General information
Ally and Your Career
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
Location: hybrid role in Detroit, MI or Schaumburg, IL (3 days in office / 2 days remote)
Top 3 things we're looking for:
- Insurance Underwriting experience in the Auto Physical damage space with experience of large or complex accounts being a plus
- Insurance designations or insurance related education background
- Someone who is comfortable working in a dynamic and fast paced environment
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.
The Work Itself
- Serves as a consultant to producers and customer service personnel and claim personnel, as required.
- Works closely with external producers to place insurance coverage within the program.
- Submits complex or unusual risks or exposures and risks exceeding personal underwriting authority to Senior Underwriter or line-of-business head for approval.
- Authority level will be greater than associate underwriters but less than senior underwriters.
- May be assigned accounts or territories deemed to be more complex or more catastrophe exposed than those assigned to associate underwriters.
- Will be part of the Open Market underwriting team.
The Skills You Bring
- 2 years in financial services or similar industry is needed.
- Previous physical damage insurance underwriting experience preferred.
- Prior leadership experience is preferred.
- Bachelor's degree in business related discipline preferred.
- Education may be used as a proxy for experience.
- Perform technical tasks required to support ongoing business operations.
- Skilled technician in a hands-on environment, often highly specialized.
- Typically requires advanced knowledge of Microsoft Office Programs.
How We'll Have Your Back
- Time Away: 11 paid holidays, 20 paid time off days, and 8 hours of volunteer time off, yearly (paid time off is prorated based on start date)
- 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 Program, subsidized and discounted Weight Watchers® program and other employee discount programs.
- Other compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.
- To view more detailed information about Ally’s Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf
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.
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.
Salary : $55,000 - $80,000
