Senior Actuarial Analyst - Pricing

About the position

The Senior Actuarial Analyst is responsible for developing and supporting a robust pricing framework at Ally Insurance. The Senior Actuarial Analyst will be expected to independently lead new projects from start to finish, as well as implement enhancements to current analyses. This includes brainstorming, accurately executing advanced analytics, and effectively communicating results to Management and Senior Leadership. The Senior Actuarial Analyst may be expected to train, mentor, and develop entry level actuarial analysts, overseeing project responsibilities and performance management. This role will have high visibility to Leadership and future advancement opportunities. Ideal candidates will have demonstrated leadership, communication, and strong technical skills. Programming and automation skills a must. R coding language preferred. Detroit office with a hybrid work schedule preferred. Charlotte, NC office or fully remote with occasional travel also an option.

Responsibilities

• Develop and support a robust pricing framework for insurance business, including both standard actuarial techniques and advanced modeling
• Assist management with Actuarial Due Diligence when assessing diversification opportunities
• Lead, develop, and communicate advanced analytics to Management and Senior Leadership
• Gain technical expertise in Ally Dealership Insurance products and data warehouses
• Develop and maintain tools to assist with visualization of data trends and sensitivities around metrics
• Foster innovation within the team and across the broader organization
• Work collaboratively as a part of the product development, pricing, and/or reserving processes
• Develop rate and/or reserve indications, segmentation analyses, and predictive models
• Support development of themselves and other associates in an actuarial capacity and according to Ally vision and mission statement

Requirements

• HS Diploma or equivalent required
• Minimum of Bachelor's degree in risk management, finance, economics, actuarial science, mathematics, statistics, or related field
• ACAS or near ACAS preferred; Casualty Actuarial Society Exam 5 required
• 4+ years of experience in actuarial roles; exposure to advanced ratemaking and/or reserving a plus
• Experience with commercial lines insurance pricing; ability to provide meaningful output with limited historical data
• Strong communication and relationship building skills
• Ability to adapt to change quickly and to easily adjust priorities as necessary and appropriate
• High level of problem solving and independent critical thinking capabilities
• Well-organized and detail-oriented
• Strong work ethic
• Programming skills in R with a passion for automation
• Must be authorized to work in the US on a permanent basis

Benefits

• 11 paid holidays
• 20 paid time off days
• 8 hours of volunteer time off, yearly
• 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
• 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
• Total well-being program
• Adoption, surrogacy and fertility assistance
• Paid parental and caregiver leave
• Dependent Day Care FSA
• Mentally Fit Employee Assistance Program
• Subsidized and discounted Weight Watchers program
• Travel allowances, relocation assistance, a signing bonus and/or equity