Commercial Insurance Underwriter

Ally Financial is a customer-centric digital financial services company committed to diversity and inclusion. The Commercial Insurance Underwriter evaluates risks and collaborates with internal teams to place insurance coverage, ensuring compliance with underwriting guidelines and loss experience.ResponsibilitiesEvaluates risks according to location, physical and moral hazards, underwriting guidelines and loss experience in order to accept, decline or modify submissionAlso, evaluates information received concerning risk characteristics, inspection reports, producer information, etcMay review loss experience of individual accounts and assigned territoryServes as a consultant to Producers, customer service, and claims personnel, as requiredWorks closely with internal Producers to place insurance coverage within Ally’s DOL program(s)Submits complex or unusual risks or exposures, and risks exceeding one’s underwriting authority level to appropriate parties for approvalMay be assigned accounts or territories deemed to be more complex or have a catastrophic risk profilePerform technical tasks and analysis required to support ongoing business operationsArticulate and present account’s risk analysis and underwriting recommendations as neededMay collaborate with multiple teams to develop specialized proposalsSkills1+ year of experience requiredHigh School Diploma or GED requiredAdvanced knowledge of Microsoft Office Programs requiredAdvanced knowledge in excel is required, i.e. x look ups, v look ups, pivot tables, and if formulas2+ years of underwriting experience, with a focus on physical damage insurance underwriting preferredPrior leadership experience is preferredBachelor's degree preferredBenefits20 paid time off days11 paid holidays8 hours of volunteer time off yearly401K retirement savings plan with matching and company contributionsStudent loan pay downs529 educational save up assistance programsTuition reimbursementEmployee stock purchase planFinancial learning center and financial coach accessFlexible health and insurance options including medical, dental and visionEmployee, spouse and child life insuranceShort- and long-term disabilityPre-tax Health Savings Account with employer contributionsHealthcare FSACritical illness, accident & hospital indemnity insuranceTotal well-being programAdoption, surrogacy and fertility assistancePaid parental and caregiver leaveDependent Day Care FSABack-up child and adult/elder care daysChildcare discountsMentally Fit Employee Assistance ProgramSubsidized and discounted Weight Watchers® programCompany OverviewAlly Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. It was founded in 1919, and is headquartered in Detroit, Michigan, USA, with a workforce of 10001+ employees. Its website is http://www.ally.com/.



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