Insurance Program Underwriter

Are you a detail-oriented professional with a strong background in underwriting insurance programs? Do you thrive in a fast-paced, collaborative environment? Ally Financial is seeking a highly skilled and motivated Insurance Program Underwriter to join our team. In this role, you will be responsible for evaluating insurance applications and determining the appropriate coverage and premiums for our clients. As an integral member of our team, you will utilize your analytical and problem-solving skills to ensure the success of our insurance programs. If you have a passion for the insurance industry and a commitment to providing exceptional service, we want to hear from you. Join us in shaping the future of insurance at Ally Financial.

1. Evaluate insurance applications and determine appropriate coverage and premiums for clients.
2. Utilize strong analytical and problem-solving skills to ensure the success of insurance programs.
3. Collaborate with team members to develop and implement effective underwriting strategies.
4. Stay updated on industry trends and changes in insurance policies and regulations.
5. Conduct risk assessments and make recommendations for risk mitigation.
6. Communicate with clients and internal stakeholders to gather necessary information and provide updates on insurance programs.
7. Ensure compliance with company and industry standards and regulations.
8. Maintain accurate records and documentation of underwriting decisions and processes.
9. Participate in training and development programs to enhance underwriting skills and knowledge.
10. Proactively identify and address potential issues or concerns related to insurance programs.
11. Provide exceptional customer service to clients and address any inquiries or concerns in a timely and professional manner.
12. Collaborate with other departments, such as claims and finance, to ensure seamless operations and optimal results for insurance programs.
13. Stay organized and manage multiple tasks and deadlines effectively.
14. Contribute to the overall success and growth of the insurance division at Ally Financial.

According to JobzMall, the average salary range for a Insurance Program Underwriter in Detroit, MI, USA is between $50,000 and $80,000 per year. However, this can vary depending on factors such as experience, education, and the specific company or industry the underwriter is working in. Some underwriters may also receive bonuses or commission based on their performance.

Ally Financial provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets.