What are the responsibilities and job description for the SR. SUPERVISOR - INSURANCE UNDERWRITING position at Ally?
Ally Financial only succeeds when its people do - and thats more than some clich 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. Youre constantly evolving, so shouldnt your opportunities be, too?
- The Opportunity
- The Work Itself
- Serves as a consultant and leader on the commercial underwriting team
- Acting in a capacity to producers, customer service and claims personnel, as required
- Works on special projects and assists in managing dealer inventory programs
- Underwrites new and renewal business for multiple insurance programs
- Submits complex or unusual risks, or risks exceeding personal underwriting authority to the appropriate party for appropriate handling
- May be assigned specific accounts or territories and is responsible for the profitable performance of that book of business
- In Addition to the Sr. Underwriter responsibilities :
- Responsible for 2-3 direct reports, overseeing Underwriting Assistant / Associate Underwriting Team
- Held accountable for engagement & productivity of direct reports
- Gathers and tracks performance measurements for Underwriting Assistant Team. Provide Mentorship to employees below target and provide recognition to employees exceeding target
- Participate in hiring process for new Underwriting Assistants. Perform resume reviews, coordinate candidate interview selection and scheduling, interview candidates and inform hiring decision
- Provide Underwriting Managers with feedback and updates on employee performance, training activities, and career development
- Conduct bi-weekly meetings with Underwriting Assistants and provides manager feedback on team and individual performance. Finds opportunities for growth & additional training
- Conducts weekly coordination with the Account Management Team Leaders on upcoming new business & renewals
- Provides solutions to complex situations that arise within team
- Helps Ally & broader insurance organization in reaching strategic goals
- The Skills You Bring
- 4 years in underwriting, financial services or similar industry is needed
- Prior leadership and insurance underwriting experience is strongly preferred
- Bachelor's degree in business related discipline preferred or combination of education / experience
- Perform technical tasks required to support ongoing business operations
- Requires advanced knowledge of Microsoft Office Programs
- How We'll Have Your Back
- 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.
- Base Pay Range : _
Location : hybrid in-office role in Detroit, MI or Schaumburg, IL
Top 3 things we're looking for : 2 years P&C underwriting experience, supervisor / management experience, technically savvy
Industry background : P&C Insurance
The Senior Supervisor Insurance Underwriting will support our auto dealer partners by protecting their most valuable assets their inventory. For a dealer who finances through Ally, we provide physical damage coverage for the cars on their lot, strengthening the bonds between our organizations. An Underwriter will evaluate risks according to location, physical and moral hazards, individual risk characteristics, inspection reports, loss experience and company guidelines in order to accept, decline or modify a business submission. The Senior Supervisor will also be responsible for overseeing a team of Underwriting Associates and be held accountable for engagement and productivity.
Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. But Allys total compensation - or total rewards - extends beyond your paycheck and is designed to support and enrich your personal and professional life, including :
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.
Incentive Compensation : This position is eligible to participate in our annual incentive plan
