Senior 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 strategic to the tactical. 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.

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

*We welcome applicants with a range of experience levels; this role may be adjusted depending on experience and qualifications.

How will you make an impact?

As a Senior Analyst, you will be a part of the Reinsurance team that is responsible for monitoring, managing, and reporting on our reinsurance agreements, as well as providing analytical information to Finance leaders to aid in their decision-making processes. You will also assist in the compilation of data for our regulatory reporting.

This is accomplished by:

• Verifying the accuracy of the monthly cession and assumed processing of premium and/or loss transactions within the reinsurance system to ensure compliance with MGIC’s reinsurance programs. Validating the monthly process and proactively engaging the cross function team, if changes are needed
• Query reinsurance database using BI tools to prepare and deliver precise monthly/quarterly reports, schedules and documentations to meet the requirements of reinsurers, management companies, government regulators, and senior management
• Generating monthly, quarterly, and ad hoc reports from the reinsurance system for analysis of reinsurance premiums, losses, and exposure, etc.
• Actively participate in the implementation process of new agreements, enhancements and upgrades within the reinsurance system. Develop a strong understanding of the reinsurance system
• Collaborate cross-functionally to understand the reinsurance function's dependencies and impact across departments, and gain expertise in MGIC’s specific reinsurance programs
• Interacting with internal and external auditors by providing reporting requests and answering questions related to our reinsurance programs
• Ensuring accurate reinsurance and accounting control procedures are maintained

Do you have what it takes?

• Bachelor's degree in finance, accounting, business or related fields; CPA is a plus
• Experience:  More than 5 years of recent experience performing complex work in accounting, finance, analytics, or reinsurance business units
• Ability to manage multiple priorities in a fast-paced environment
• Strong knowledge of SAS, SQL or other database programming languages; experience with BI tools (e.g., Tableau) is a plus
• Knowledge of Generally Accepted Accounting Principles, Statutory accounting principles, state insurance regulations and SEC regulations is a plus

You might be a good fit if you:

• Consistently embrace new technologies to enhance work processes and improve efficiency
• Are self-motivated, resourceful and a team player
• Have experience working with cross-functional departments to research and resolve issues
• Have good problem-solving and analytical skills

What you can learn on the job:

• Mortgage Industry Experience
• Various Reinsurance Structures
• Mortgage Insurance Regulatory requirements
• ReAcct / Relogic reinsurance reporting software

Pay Range:

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

For additional information about MGIC and to apply, please visit our website at www.mgic.com/careers.

Note to all recruitment agencies:
MGIC does not accept unsolicited agency resumes. Any unsolicited resumes sent to MGIC, directly or indirectly, will be considered MGIC property. MGIC is not responsible for any agency fees associated with unsolicited resumes. A recruiting agency must have a valid, written and fully executed agency agreement to assist with a requisition.