Assoc Analyst Or Analyst - Insurance

General information

Career area Administration Work Location(s) 3333 Finley Road, IL Remote? No Ref # 21866 Posted Date 03-09-26 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

Note : This role may be filled at the Assoc Analyst or Analyst level depending on candidate experience and knowledge 

Administer the Commercial Auto Flood Insurance program by ordering flood determination forms from Ally's chosen vendor(s), provide direction to the RBC's as to which buildings require flood insurance and in what amount, review flood insurance policies for compliance with regulatory guidance and Ally policies and procedures, renew flood insurance policies in accordance with regulatory guidance, prepare and maintain flood reporting. Administer the appraisal review process by sending completed appraisals to Ally's chosen vendor for review and communicate results to the RBC when available. Under general direction, responsible for performing complex research and analysis to support business operations and present findings to manager or project leader. Assist in drafting, interpreting, and administering operational policies and procedures. Develop, validate, and maintain step-by-step instructions/training materials. Monitor performance to identify and help correct performance problems and provide feedback regarding areas requiring attention. Bring compliance issues and proposed solutions to the attention of manager or director. Reconcile supplier invoices for payment and escalate unreconciled items.

The Work Itself

• Personnel and self-development: Actively coach and mentor employees.
• Enhance personal development through training and mentoring.
• Enhance profitability: Seek and act on opportunities to reduce operating costs.
• Ensure expenses are properly allocated to appropriate cost center.
• Continuously review and update process maps.
• Adhere to company policies/procedures and escalate any matters that are not compliant.
• Follow departmental processes to ensure established metrics are achieved, dealer and matrix partners' expectations are met, and loss exposure is mitigated.
• Looking for inefficiencies in our process and deficiencies in our processes with our suppliers.
• Provide stakeholders frequent status updates and solicit feedback.
• Proactively work to resolve internal conflicts and develop effective working relationships.
• Manage Flood Administration process: Ensure instructions and Ally policies are kept current and procedures are followed.
• Reviewing credit and loan routings and conducting Food Due Diligence for MIRE events.
• Recording vendor issues on an issue log.   
• Contacting insurance agents and dealerships for insurance certificates and providing the certificates to 3rd party vendors. 
• Reviewing insurance policies for compliance for loans and wholesale accounts.
• Ordering Flood Determination Forms.
• Ordering Appraisal Reviews.
• Reviewing vendor invoices and securing approval for paying the invoices.

 

The Skills You Bring

3G

• HS Diploma or equivalent required 
• Bachelor's degree in business related discipline preferred.
• 3+ years in customer service or financial services industry is needed
• Knowledge of commercial insurance and flood insurance regulations a plus.
• Ability to perform technical based activities.
• Knowledge of and exposure to fundamental theories, principles, and concepts.
• Leveraging technical expertise and relationships to contribute to strategy and drive business results. Ability to produce documents, spreadsheets, databases, etc. with Windows-based software.

Pay Range - ​$55,000 - ​$75,000 - ​$95,000
3H

• HS Diploma or equivalent required
• Bachelor's degree in business related discipline preferred.
• 1+ years in customer service or financial services industry is needed.
• Knowledge of commercial insurance and flood insurance regulations a plus.
• Ability to perform technical based activities.
• Knowledge of and exposure to fundamental theories, principles, and concepts.
• Leveraging technical expertise and relationships to contribute to strategy and drive business results. Ability to produce documents, spreadsheets, databases, etc. with Windows-based software.

Pay Range - $47,840 - $61,250 - ​$75,000
#LI-Hybrid#LI-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. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:

• Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).
• 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 hrpolicy@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: $55000 - $95000 USDAn individual's position in the range is determined by the specific role, 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.  Incentive Compensation: This position is eligible to participate in our annual incentive plan.