Why work at MGIC?
Are you someone who wants to play a critical role in our company’s success? Do you enjoy solving puzzles and finding a better way to get things done? Are you someone who likes to Take The Lead and make an impact? If so, then imagine yourself at MGIC. At MGIC we are a team of dedicated professionals on a fearless mission. A team that fosters a culture of career development and continuous learning opportunities to help you rise to new heights. We are passionate about providing outstanding customer service and making a difference in our community. #WeAreMGIC
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 Reinsurance 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 our regulatory reporting.
This is accomplished by:
- Being responsible for processes related to the cession and assumption of premium and/or losses in compliance with MGIC’s reinsurance programs
- Generating monthly, quarterly, and ad hoc reports for analysis of reinsurance premiums, losses, and exposure, etc.
- Being responsible for preparing analyses, detailed schedules, reports, and other related documentation, including reports to reinsurers, management companies, government regulators, and senior management
- Obtaining a strong understanding of the reinsurance system. Providing assistance as needed on any enhancements or upgrades to the reinsurance system
- Obtain an understanding of MGIC’s reinsurance function and its relation to other departments as well as understanding our reinsurance programs
- Serving as a resource and primary support for requests and questions related to our reinsurance programs as well as working with internal and external auditors by preparing replies to inquiries
- Ensuring accurate reinsurance and accounting control procedures are maintained
Do you have what it takes?
- CPA license a plus
- Experience: More than 5 years of recent experience performing complex work in accounting, finance, analytics, or reinsurance business units
- Knowledge of SAS report writing
- Knowledge of Generally Accepted Accounting Principles and Statutory accounting principles a plus
- Knowledge of state insurance regulations and SEC regulations a plus
You might be a good fit if you:
- Like to learn new technologies
- 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
Pay Range:
$85,840.00 - $145,930.00
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
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.
Top Skills
What We Do
MGIC is a private insurance company offering insurance on real estate mortgages.
At MGIC, we are committed to helping our customers succeed.
Affordable homeownership remains a cornerstone of a strong and vibrant community. As the pioneer of the modern private mortgage insurance industry, Mortgage Guaranty Insurance Corporation (MGIC), the primary subsidiary of MGIC Investment Corp., has supported lenders and their communities since 1957 by providing a prudent means of offering affordable, low-downpayment home financing options. #WeAreMGIC
MGIC is the principal subsidiary of MGIC Investment Corporation, headquartered in Milwaukee, Wisconsin and serves lenders throughout the United States, Puerto Rico and other locations.
