Strategic Investment Analyst

Strategic Investment Analyst

At MGIC, we take pride in knowing that what we do matters. As pioneers of private mortgage insurance, we help people achieve homeownership sooner - making affordable low-down-payment mortgages a reality. Our efforts have helped more than 14 million people get the keys to their own homes sooner than otherwise possible. Every position is critical to our company's success - from the analytical to the technical; from the innovative to the operational. The customer-facing roles to behind-the-scenes experts, we're all part of one team. We're an organization with a national footprint that's large enough to never lack for a new challenge, but small enough for an opportunity to make an impact and influence decisions. Come make a difference at MGIC.

The Strategic Investment Analyst evaluates MGIC's ceded and assumed reinsurances strategies, delivering analytical insights that guide strategic decision-making. The role also supports ongoing operational analytics to ensure accurate performance monitoring, portfolio optimization, and execution of MGIC's strategic initiatives.

This position is based in Milwaukee, WI. Hybrid environment 3 days in office, 2 days remote.

Primary Duties And 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 decision-making; participating in contract reviews; managing analytical inquiries from internal stakeholders (e.g., Legal, Treasury); working with brokers/bankers to strategize deal structures; and resolving ad-hoc analytical needs.
• Develop a deep understanding of MGIC's ceded reinsurance structures, providing analytical support on cost-of-capital, capital efficiency, tail-risk protection, financial forecasting and transaction-level opportunities to optimize MGIC's capital position.
• Research and evaluate new mortgage and non-mortgage 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 ("CRT") pricing tools. Recommend tool enhancements and implement changes using Python code. Provide ad-hoc analysis required to understand structural changes. Support post-transaction portfolio management with activities such as portfolio forecasting, capital support analysis, and capital allocation strategy.

Minimum Requirements:

Experience: Requires a master's degree in finance, Financial Engineering, Applied Mathematics, Economics or a related field and one year of experience working with internal and external financial models and data sources to provide financial investment analysis. The one year of experience must include one year with each of the following: (1) data query; (2) financial analysis and forecasting.

Required Skills:

• 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

Pay Range:

$71,720.00 - $118,340.00

This range aligns with current market data and reflects our commitment to competitive and equitable compensation. Salary offers are based on factors such as experience, skills, education, and training. The range may vary in certain locations to reflect local market conditions. It is not typical to initiate pay at the top of the range to account for internal equity and allow for future and continued salary growth

Enjoy these benefits from day one:• 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