Ally Financial

Senior Actuarial Analyst - Reserving

Ally Financial

Detroit, MI, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you an experienced actuarial professional looking for a challenging and rewarding opportunity? Look no further than Ally Financial! We are seeking a highly skilled Senior Actuarial Analyst - Reserving to join our dynamic team. In this role, you will play a critical role in the financial stability and success of our company by utilizing your expertise in reserving processes and methodologies. If you are a self-motivated individual with a strong analytical mindset and a passion for problem-solving, we want to hear from you. Join us at Ally Financial and take your actuarial career to the next level!

  1. Conduct and oversee reserving processes and methodologies for the company's financial stability and success.
  2. Utilize expertise in actuarial principles and techniques to accurately assess and analyze risk for the company.
  3. Collaborate with cross-functional teams to gather data, perform analysis, and make recommendations for reserve levels.
  4. Develop and maintain actuarial models and tools to support reserve calculations and projections.
  5. Monitor and report on trends and changes in the industry that may impact reserve levels.
  6. Conduct regular audits and reviews of reserve calculations to ensure accuracy and compliance with regulatory requirements.
  7. Communicate complex actuarial concepts and findings to non-technical stakeholders in a clear and concise manner.
  8. Provide guidance and mentorship to junior actuarial staff to support their professional development.
  9. Stay abreast of industry developments and best practices in reserving methodologies and make recommendations for process improvements.
  10. Collaborate with other actuarial professionals in the company to share knowledge and best practices.
Where is this job?
This job is located at Detroit, MI, USA
Job Qualifications
  • Bachelor's Degree In Actuarial Science, Mathematics, Statistics, Or A Related Field.

  • 5+ Years Of Experience In Actuarial Reserving, Preferably In The Financial Services Industry.

  • Strong Knowledge Of Actuarial Principles, Reserving Methodologies, And Regulatory Requirements.

  • Professional Actuarial Designation (E.g. Fcas, Fsa) Or Progress Towards Obtaining Designation.

  • Advanced Analytical And Problem-Solving Skills, With The Ability To Effectively Communicate Complex Concepts To Non-Technical Stakeholders.

Required Skills
  • Communication Skills

  • Data Analysis

  • Team Management

  • statistical analysis

  • Forecasting

  • Financial Modeling

  • Risk assessment

  • Problem-Solving

  • Excel proficiency

  • Time

  • Insurance Knowledge

  • Reserving Techniques

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Critical thinking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Actuarial Analyst - Reserving in Detroit, MI, USA is between $86,000 and $115,000 per year. This range can vary depending on the specific company, location, and level of experience of the individual. Some companies may offer higher salaries or additional benefits such as bonuses or stock options. Additionally, factors such as education level, specialized skills, and industry demand can also impact salary potential for this position.

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 PostedApril 1st, 2025
Apply BeforeApril 11th, 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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