Senior Director, Pricing

Mortgage Guaranty Insurance Corporation • Milwaukee, WI

3d

About The Position

The Senior Director, Pricing leads the team responsible for developing and executing MGIC’s pricing strategy for primary mortgage insurance products. This role oversees premium-rate development across mortgage insurance products and premium plans, competitive-market analysis, and analytical solutions that use internal and external models and data.

The position ensures pricing compliance with regulatory filings, provides guidance on filing revisions, responds to regulatory inquiries, and manages rate-engine requirements so MGIC can adapt to changing market dynamics. It also provides functional leadership, collaborates with other MGIC leaders, and engages senior management on pricing strategy, activities, and performance.

The role manages a team of managers and direct reports, including employee development, hiring, performance evaluation, and salary administration. It also oversees departmental operations, budgets, staffing, policies, procedures, and standards, and supports organizational change and cross-department relationships.

Requirements

• More than 10 years of advanced experience in the area of specialization.
• Bachelor’s degree minimum.
• Highly advanced analytical skills, including the ability to structure and distill problems, perform complex analyses, identify trends and inconsistencies, draw conclusions, and recommend solutions.
• Strong leadership and team-management skills, with the ability to inspire and motivate a high-performing team.
• Outstanding communication and interpersonal skills, with the ability to influence and collaborate across organizational levels.
• Understanding of mortgage credit risk modeling and financial analysis.
• Demonstrated management and/or training experience.
• Project management and execution skills.
• Ability to think strategically.

Nice To Haves

• Knowledge of the mortgage market, mortgage insurance, secondary marketing, and related industries.
• Advanced degree, such as a master’s degree, or an actuarial designation.

Responsibilities

• Lead the team developing premium rates for all mortgage insurance products and premium plans.
• Lead assessment of the mortgage insurance competitive landscape and advance analytical solutions using internal and external models and data sources.
• Ensure pricing compliance with regulatory filings, provide guidance and requirements for revising filings, and respond to regulatory inquiries.
• Manage rate-engine requirements to enable flexibility in response to evolving market dynamics.
• Provide functional leadership and collaborate with other MGIC leaders to achieve business outcomes.
• Engage senior management on pricing strategy and provide regular updates on activities and performance.
• Manage a team of managers and direct reports; set performance objectives, provide feedback, and support employee development.
• Oversee employee selection, performance evaluation, and salary administration.
• Lead and support employees through change within the department and across the organization.
• Manage departmental staffing, budgets, operational controls and processes, and financial goals.
• Analyze business processes and issues, develop solutions aligned with department and company goals, and manage departmental policies, procedures, and standards.
• Develop and manage relationships with departments inside and outside the business unit.

Benefits

• Competitive salary and pay-for-performance bonus.
• 401(k) with company match.
• Profit sharing.
• Health savings account (HSA).
• Wellness program.
• On-site fitness center and classes at the corporate office.
• Paid time off.
• Paid company holidays.
• Business casual dress.

What This Job Offers

• Job Type: Full-time
• Career Level: Director