Summer 2027 Internship - Insurance Business and Strategy
$52k - $60.32kAlly
Ally and Your Career
Ally Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We love 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 Opportunity
We’re in the business of putting people first and we’ve been doing just that for over 100 years. Our mission isn’t performative either: we show up for our customers when it comes to their financial needs. We’re making banking smarter and simpler while serving our communities. We value and encourage the mantra of working better together. That’s where you come into play. Test drive the tools in your educational toolbox and learn some new skills along the way with a paid internship with us. Your internship with Ally will move you from educated to experienced.The Work Itself
The Ally Internship Program guides and mentors students with development opportunities and experiences that support your career interests while also driving the business forward. You’ll have the opportunity to connect with diverse teams and functions across the company. You will interact with Ally’s leadership and learn from their personal successes. You will gain the experience of knowing what it means to be an Ally!
As part of our Internship Program, you will have an opportunity to:
Have hands-on experience and project-based work
Attend Orientation, Executive Speaking Series, and learning sessions as an Intern cohort
Participate in Mentoring Program and Giving Back Events
Network with your peers, your team, and those Allys you find interesting
Lead an end of assignment presentation
The Details
Internship Program Timing: May 25 - July 30, 2027
40 hours each week with a mix of in-office and remote working days
Project-based work
Market competitive hourly compensation and a sign-on bonus, as well as financial housing assistance for those who qualify
Successful interns will have the opportunity to return to Ally in an Early Talent Program or full-time role, or to a second internship, depending upon graduation timing.
Areas of Opportunity
Finance & Insurance (F&I) Products - this group is responsible for the development and management of Ally Insurance's F&I products. The team continually evaluates the marketplace to identify new, or updates to existing products to support F&I growth. The team will develop strategies to distribute those products and work with stakeholders to bring them to market.
Ally Dealership Insurance (ADI) Account Management – this team operates as a liaison between the dealer customer and our insurance carrier partners to analyze risk exposures and place accurate coverage. As a part of this team, Agency Strategy & Quality Assurance supports ADI, focusing on maintenance and communication of procedures, documentation requirement adherence, and Account Management performance reporting.
Ally Dealership Insurance (ADI) Underwriting - this team manages the inventory insurance for Ally. The team underwrites new and renewal business within our three inventory insurance programs, as well as managing a portion of our large group program. The team determines dealers risk eligibility, pricing and terms, along with answering coverage questions for our respective clients.
Business Line Risk Management – this team works across the Insurance business line to ensure that our risk appetite framework is being adhered to and report out to executive teams to promote risk culture and knowledge. We assist with governance tasks for the annual and ad-hoc revisions to our internal policies, procedures, standards and guidelines. We compile reporting for Insurance Committee and Board meetings. We monitor and assist teams with their process risks, controls and issues to make sure that leaders are aware of any risk that exists or needs escalation.
The Qualifications We're Looking For
Required Qualifications
Program Eligibility: Must be graduating between December 2027 and May 2029
Rising Junior or Senior (during the time of internship) in a full-time undergraduate program.
Available for the full duration of the internship program.
Eligible to work in the US for any employer without sponsorship from the company now or in the future.
Preferred Qualifications
Major/Course of Study: Business, Finance, or related field preferred.
Excellent leadership, interpersonal and communication skills.
Demonstrates Analytical Thinking, Collaboration, Learning Agility.
Minimum Qualifications
- 0+ years of experience
- High school Diploma or GED equivalent
How We'll Have Your Back
Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:
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 .
Base Pay Range
$25.00 - $29.00 An individual's position in the range is determined by the specific role, the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.
Incentive Compensation:
This position is eligible to participate in our annual incentive plan.
$31.5 per hour
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