Lead Product Manager

MGICMilwaukee, WI
$109,990 - $186,990Onsite

About The Position

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. PURPOSE Lead strategies and related activities of the development, launch and lifecycle of our credit enhancement products.

Requirements

  • Demonstrated knowledge of mortgage insurance and the mortgage finance market,
  • MGIC’s business, strategic direction, products, technologies, business practices, and customers
  • Mortgage industry trends and emerging initiatives
  • Sales and marketing strategies and techniques
  • Financial analysis, calculations and concepts
  • More than 7 years of comprehensive and related experience in the mortgage lending and/or mortgage insurance/credit enhancement industry in a marketing, product development environment.
  • Project leadership and business case development
  • Analytical skills, use of XLS
  • Ability to identify opportunities for improvement
  • Ability to think strategically
  • Business acumen

Responsibilities

  • Responsible for the development, implementation, and maintenance of MGIC’s credit enhancement product lines (e.g., flow MI, bulk MI, lender CRT).
  • Leads the process of handling customer and partner requests relating to credit enhancement solutions.
  • Leverages knowledge and relationships to provide operational and strategic support to risk transfer initiatives.
  • Leads cross-functional business groups and engages with appropriate key resources from other business areas, to ensure products meet customer needs.
  • Gathers and analyzes information from various perspectives and formulates recommendations.
  • Leads MGIC’s surveillance and monitors the competitive marketplace, including information relating to technical trends, industry business partners, and government events that impact product strategies and other related activities.
  • Identifies business opportunities and conducts research to formulate recommendations to management while ensuring that programs support the overall corporate strategy.
  • Takes lead responsibility on customer product initiatives and requests. Research proposals from customers, assesses customer need and responds to requests appropriately.
  • Works with senior management to establish short- and long-term product line objectives.
  • Responsible for developing and administering budgets for new and enhanced programs by means of preparing cost-benefit analyses and ensuring compliance with budget guidelines.
  • May be responsible for mentoring and counseling junior staff.
  • Performs other duties as assigned.

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
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