Job Description
MGIC is a pioneer in private mortgage insurance, helping individuals achieve homeownership. The Strategic Investment Analyst will evaluate reinsurances strategies, deliver analytical insights, and support operational analytics to optimize performance and execution of strategic initiatives.
Responsibilities
- Support internal and external operational needs required to execute and maintain reinsurance transactions, including coordinating with the Finance Analytics & Reporting team on data aggregation and reporting; collaborating with the Risk team to interpret model outputs and assess their impact on deal decisionāmaking; participating in contract reviews; managing analytical inquiries from internal stakeholders (e.g., Legal, Treasury); working with brokers/bankers to strategize deal structures; and resolving adāhoc analytical needs
- Develop a deep understanding of MGICās ceded reinsurance structures, providing analytical support on costāofācapital, capital efficiency, tailārisk protection, financial forecasting and transactionālevel opportunities to optimize MGICās capital position
- Research and evaluate new mortgage and nonāmortgage credit enhancement opportunities by performing financial analysis, due diligence, and market assessments
- Develop a strong understanding of market trends, competitive dynamics, economic conditions, and emerging opportunities, and evaluate tools that enhance insight into pricing and market behavior
- Support evaluation of assumed reinsurance transactions through the utilization of internally developed GSE credit risk transfer (āCRTā) pricing tools
- Recommend tool enhancements and implement changes using Python code
- Provide adāhoc analysis required to understand structural changes
- Support post-transaction portfolio management with activities such as portfolio forecasting, capital support analysis, and capital allocation strategy
Skills
- Requires a master's degree in finance, Financial Engineering, Applied Mathematics, Economics or a related field
- One year of experience working with internal and external financial models and data sources to provide financial investment analysis
- One year of experience with data query
- One year of experience with financial analysis and forecasting
- Strong analytical skills
- Proficiency in Excel and Microsoft Suite
- Detail oriented
- Ability to grasp complex financial, capital and risk concepts
- Proficiency with statistical languages (R, Python, SAS, SQL etc.)
- Effective communicator, able to explain analytic concepts to technical and non-technical audiences
- Ability to quickly adjust to new tasks and changing priorities
- Anticipates department needs and proactively identify enhancement opportunities
Benefits
- Competitive Salary & pay-for-performance bonus
- Financial Benefits (401k with company match, profit sharing, HSA, wellness program)
- On-site Fitness Center and classes (corporate office)
- Paid-time off and paid company holidays
- Business casual dress
Company Overview
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