Summer 2027 Internship - Insurance Business and Strategy

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? Work Schedule: Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need. 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! 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. Required Qualifications The Qualifications We're Looking For 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: Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level). 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 pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access. Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, 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 assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts. Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers program and other employee discount programs. Other Compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity. To view more detailed information about Ally’s Total Rewards, please visit this link: 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 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. In accordance with the Americans with Disabilities Act, if after review of the position expectations, you believe that you may need a medical accommodation to fulfill the duties of this role, please email View email address on click.appcast.io with details of your accommodation request. Base Pay Range $25.00 - $29.00 Incentive Compensation This position is eligible to participate in our annual incentive plan. #J-18808-Ljbffr Ally