Senior Director, Pricing
About The Position
The Senior Director, Pricing leads the team responsible for developing and executing MGIC’s pricing strategy for primary mortgage insurance products. The role oversees development of premium rates and plans, competitive analysis, pricing compliance, and rate-engine requirements. It provides functional leadership, collaborates across MGIC, and engages senior management on pricing strategy and performance. The position also manages a team of managers and direct reports, including employee development and performance, staffing, budgets, operational controls, and departmental processes. It supports organizational change, develops solutions aligned with company goals, and builds relationships across departments.
Requirements
- More than 10 years of advanced experience in the area of specialization.
- Bachelor’s degree minimum.
- Highly advanced analytical skills, including structuring and distilling problems, performing complex analyses, identifying trends and inconsistencies, drawing conclusions, and recommending solutions.
- Strong leadership and team management skills, including 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 experience.
- Ability to think strategically.
Nice To Haves
- Demonstrated 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 that develops MGIC’s 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, setting performance objectives, providing feedback, and supporting individual development.
- Oversee selection, performance evaluation, and salary administration of co-workers.
- Lead and support employees through change within the department and organization.
- Manage departmental operations and fiscal activities, including staffing, budgets, operational controls, processes, and financial goals.
- Analyze business processes and issues and manage departmental policies, procedures, and standards to improve efficiency and work quality.
- Develop solutions that consider department and company goals and direction.
- Develop and manage relationships across departments, both within 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.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
