Actuarial Analyst - Pricing

About the position

The Actuarial Analyst is responsible for supporting a robust pricing framework at Ally Insurance. The Actuarial Analyst will be expected to drive 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. This role will have high visibility to Leadership and future advancement opportunities. Ideal candidates will have demonstrated analytical ability, communication, and strong technical skills. Programming and automation skills a must. R coding language preferred. Detroit office with a hybrid work schedule.

Responsibilities

• Support a robust pricing framework for insurance business
• Lead, develop, and communicate analytics to Management
• 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

• Minimum of Bachelor's degree in risk management, finance, economics, actuarial science, mathematics, statistics, or related field
• 4 or more Casualty Actuarial Society exams passed
• 2+ years of experience in actuarial roles; exposure to advanced ratemaking and/or reserving a plus
• Experience with property & casualty 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
• Adoption, surrogacy and fertility assistance
• Paid parental and caregiver leave
• Dependent Day Care FSA back-up child and adult/elder care days
• Childcare discounts
• Mentally Fit Employee Assistance Program
• Subsidized and discounted Weight Watchers program
• Travel allowances, relocation assistance, a signing bonus and/or equity