Credit Modeler I in New York Virtual Office at Radian Group Inc

Date Posted: 9/13/2020

Job Snapshot

Job Description

Primary function is to serve as a model builder, programmer, and data analyst supporting modeling of underlying loan delinquency, default, and prepayment/MI attrition. Models will be applied to estimate mortgage insurance claim arrival, claim severity, existing mortgage insurance policy attrition, and new insurance policy acquisition. Cash flow valuation of both primary mortgage insurance policies and structured mortgage insurance policies are also within the position’s scope of analysis.

This position is located in Philadelphia, as well as New York City.

What You Will Do

  • Delinquency, default, prepayment, claim severity model estimation and design.
  • Data manipulation and programming in support of model estimation, implementation, monitoring, and back testing.
  • Creation of analytical presentations and communication of strategic business findings to management
  • Analysis and recommendations on alternative credit structures, risk sharing arrangements, and/or non-traditional manners in which to participate and take on credit risk as appropriate and necessary.
  • Data manipulation of large files (in Excel, Access, or SAS datasets) to identify trends and make recommendations and/or adjustments to credit/portfolio guidelines as necessary.
  • Other duties as requested.

Who We Are Looking For


  • Strong understanding of mortgage delinquency, default, and prepayment modeling.
  • Knowledge of C++ and objected-oriented-programming

Skills and Abilities:

  • Strong analytical background, along with the ability and willingness to effectively make recommendations on transactions based on sound business judgment.
  • Expert in SAS, proficient in Excel and Access for data analysis.

Other Position Parameters:

  • Able to work in a team environment.
  • Able to effectively summarize and communicate relevant findings and other information.

Prior Work Experience

  • Technical:   1 - 3 years
  • Supervisory:   None

Education and Credentials

  • Required:    Bachelor’s Degree,  Concentration in Bachelor’s Degree A quantitative field of study
  • Master’s Degree A quantitative field of study - Preferred
  • Preferred:    Master’s Degree,  Concentration in A quantitative field of study - Preferred

Why Work with Us

  • Our Company Makes an Impact. We’ve been recognized by multiple organizations, like being included on Bloomberg’s Gender-Equality Index, being honored as a Tech 100 by HousingWire, pledging to PwC’s CEO Action for Diversity & Inclusion commitment, and receiving the Spirit Award from the MBA’s Open Door’s Foundation.
  • Rest and Relaxation. Generous time off starting day one, 9 paid holidays + 1 floating holiday in support of our I&D culture.
  • Health Benefits. Multiple medical plan choices, including HSA and FSA options, dental, and vision.
  • Prepare for your Future. 401(k) with a top of market company match (did we mention the company match is immediately vested?!)
  • Paid Parental Leave. An opportunity for all new parents to embrace this exciting change in their lives. 
  • Employee Assistance and Discount Programs. From helping you navigate the healthcare system, to providing resources and assistance to parents and caregivers of children with developmental disabilities, to scoring discounts with thousands of retailers. 
  • Pet Insurance. To help protect our furry family members.

Radian Overview (“About Us”)

At this time, Radian is unable to sponsor applicants who require work visas.

EEO Statement

Radian complies with all applicable federal, state, and local laws prohibiting discrimination in employment.  All qualified applicants will receive consideration for employment without regard to gender, age, race, color, religious creed, marital status, gender equity, sexual orientation, national origin, ethnicity, ancestry, citizenship, genetic information, disability, protected veteran status or any other characteristic protected by applicable federal, state, or local law.

If you are a person with a disability and need assistance in the application process please send an e-mail message to


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