The Reserving Manager is responsible for developing a robust pricing peer review process as well as playing a major role in the reserving function at Ally Insurance. The Manager is the primary point of contract for independent risk management related to the peer review of all pricing activities. The Manager will also have responsibilities relating to loss reserve and/or unearned premium reserve testing, data analytics, continuous process improvement and associate development. The Manager will be responsible for communicating and working collaboratively across multiple departments throughout the organization.
Develop a robust pricing peer review process and be main contact for independent risk management of same
Develop loss reserve and/or unearned premium reserve indications and communicate them to senior leadership
Perform reinsurance commutation analysis
Work collaboratively as a part of the business planning process
Develop and communicate business analytics to senior leadership
Fosters innovation within the team and across the broader organization
Supervise direct report(s)
Support development of associates in an actuarial capacity and according to Ally vision and mission statement
Associate or Fellow of the Casualty Actuarial Society
Member of the American Academy of Actuaries
Experience in both pricing and reserving roles; including advanced ratemaking and reserving techniques (i.e. GLM, stochastic reserving methodologies, etc.)
Strong communication and relationship building skills
Ability to adapt to change quickly and to easily adjust priorities as necessary and appropriate
Demonstrated leadership ability
High level of problem solving and critical thinking capabilities
Well-organized and detail-oriented
5+ years of responsible actuarial experience
Strong work ethic
Minimum of Bachelor's degree in risk management, finance, economics, actuarial science, mathematics, statistics, or related field
Programming skills a plus
Must be authorized to work in the US on a permanent basis
Internal Number: 18-6293
About Ally Financial
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients.
Ally's legacy dates back to 1919, and the company was redesigned in 2009 with a distinctive brand, innovative approach and relentless focus on its customers.
Ally has an award-winning online bank (Ally Bank, Member FDIC), one of the largest full service auto finance operations in the country, a complementary auto-focused insurance business, a growing wealth management and brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies.
We extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual’s 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.