Ally Financial

Senior Accountant - Insurance

Ally Financial

Detroit, MI, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

Are you an experienced accountant with a strong background in the insurance industry? Do you thrive in a fast-paced and dynamic work environment? Are you looking for a new challenge and the opportunity to make a significant impact? If so, Ally Financial is seeking a highly skilled and detail-oriented Senior Accountant to join our Insurance team. In this role, you will play a crucial role in the financial operations of our insurance division, ensuring accuracy and compliance with industry regulations. If you are a self-motivated and driven individual with a passion for accounting and insurance, we want to hear from you!

  1. Perform financial analysis and reporting for the insurance division of the company.
  2. Ensure compliance with industry regulations and standards.
  3. Maintain accurate and up-to-date records of financial transactions.
  4. Prepare and review financial statements, including balance sheets, income statements, and cash flow statements.
  5. Monitor and analyze financial data to identify trends and potential areas for improvement.
  6. Collaborate with cross-functional teams to ensure accurate and timely completion of financial tasks and projects.
  7. Identify and implement process improvements to increase efficiency and effectiveness.
  8. Assist with the preparation of annual budgets and forecasts.
  9. Conduct regular audits to ensure data integrity and accuracy.
  10. Provide support and guidance to junior accounting staff.
  11. Stay up-to-date with industry developments and changes in regulations.
  12. Communicate financial information and insights to key stakeholders.
  13. Conduct variance analysis and provide explanations for discrepancies.
  14. Assist with external audits and regulatory examinations.
  15. Participate in special projects and initiatives as assigned.
Where is this job?
This job is located at Detroit, MI, USA
Job Qualifications
  • Bachelor's Degree In Accounting Or Finance: A Senior Accountant At Ally Financial Should Possess A Strong Educational Background In Accounting Or Finance To Understand The Complexities Of The Insurance Industry.

  • Cpa Certification: A Certified Public Accountant (Cpa) Certification Is Highly Valued For This Role As It Demonstrates A Deep Understanding Of Accounting Principles And Regulations.

  • Minimum Of 5 Years Of Experience In The Insurance Industry: A Senior Accountant At Ally Financial Should Have At Least 5 Years Of Experience In The Insurance Industry, With A Strong Understanding Of Insurance Accounting Principles, Policies, And Procedures.

  • Strong Analytical And Problem-Solving Skills: As A Senior Accountant, You Will Be Required To Analyze And Interpret Complex Financial Data Accurately. Therefore, Strong Analytical And Problem-Solving Skills Are Essential For This Role.

  • Excellent Communication And Interpersonal Skills: As A Senior Accountant, You Will Be Working With Various Teams, Including Underwriters, Actuaries, And Executives. Strong Communication And Interpersonal Skills Are Critical For Building Strong Relationships And Collaborating Effectively With These Teams.

Required Skills
  • Budgeting

  • Risk Management

  • Financial Analysis

  • Financial Reporting

  • Process Improvement

  • Forecasting

  • Auditing

  • Cost Analysis

  • Compliance

  • Management Reporting

  • Tax Planning

  • Insurance Accounting

Soft Skills
  • Communication

  • Emotional Intelligence

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • Organization

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Accountant - Insurance in Detroit, MI, USA is between $70,000-$85,000 per year. However, this can vary depending on factors such as level of experience, specific company and industry, and additional skills and certifications.

Additional Information
Ally Financial is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedAugust 28th, 2025
Apply BeforeJune 9th, 2026
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About Ally Financial

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.

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