Analyst - Product Development 12782.General informationCareer areaInsuranceWork Location(s)500 Woodward Avenue, Detroit, MIRemote?NoRef #12782Posted DateWednesday, June 1, 2022Working timeFull-timeAlly and Your CareerAlly Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We live this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You’re constantly evolving, so shouldn’t your opportunities be, too?
The OpportunityAlly Financial Inc. manages a full range of aftermarket vehicle protection products available to consumers, including vehicle service contracts, GAP waivers, prepaid maintenance, and our Everyday Protection Products. The team identifies market needs through strong collaboration with our matrix partners as well as a full understanding of the competitive automotive marketplace.The Product Analyst will report to the Product Manager, supporting the development of new finance & insurance (F&I) products and updating existing F&I products sold through various dealer networks. This position will require collaboration with matrix partners throughout the organization, including Sales, Pricing/Actuarial, IT Systems Sustain, Configuration, Operations, Legal / Regulatory and Project Management.
The Work ItselfChampion organizational change management through collaborative efforts with matrix partners to identify new F&I product opportunities and to strengthen existing product positions in the market
Develop market analysis and competitive review through research and be able to summarize & present findings to management
Act as a Subject Matter Expert on all Vehicle Service Contracts and Vehicle Maintenance Products
Grow knowledge andbenchmark the industry, competition, and emerging trends
Evaluate and implement pilot opportunities to test and learn in the market
Support the enhancement of products, as well as the development and introduction of value-added new products
Support the creation of point-of-sale materials, internal/external communications
Support/collaborate with matrix partners to develop learning and development content, presentation materials, sales materials, and automotive dealer materials
Develop and execute tactical planning aligned to department strategy with supervision
Assist in defining, analyzing, and reporting out on key product metrics
Support corporate governance and reporting related to product introductions
Work collaboratively with other F&I Products team members, Legal and Regulatory to facilitate required contract / customer agreement changes to satisfy lender and/or state specific requirements
Identify innovation and business opportunities within the automotive F&I market
Complete special projects relating to products as needed
The Skills You BringAt least 1-3 years of automotive retail, F&I, insurance, or Ally experience
Bachelor's degree in business, finance or economics preferred
High energy, results oriented with a strong work ethic and high degree of self-motivation
Comfortable working in a highly collaborative team environment
Problem solving skills and communicating solutions
Fluency with MS Word, Excel, PowerPoint and Microsoft Outlook desired
Strong communication and presentation skills desired
How We'll Have Your BackAlly's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. But Ally’s total compensation – or total rewards – extends beyond your paycheck and is designed to support and enrich your personal and professional life, including:
Time Away: competitive holiday and flexible paid-time-off, including time off for volunteering and voting.
Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs.
Supporting your Health & Well-being: flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.
Building a Family: adoption, surrogacy, and fertility support as well as parental and caregiver leave, back-up child and adult/elder day care program and childcare discounts.
Work-Life Integration: other benefits including LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs. Who We Are: Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com.Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to 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.Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine by date of hire to be considered, if not currently employed by Ally.We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at firstname.lastname@example.org. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.