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Credit Modeler I in Philadelphia, PA at Radian Group Inc

Date Posted: 10/26/2018

Job Snapshot

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    Not Specified
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Job Description

The Credit Modeler's 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.

Primary Duties and Responsibilities:

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.

Job Specifications:

Knowledge, Skills and Abilities:

  • Strong understanding of mortgage delinquency, default, and prepayment modeling.
  • 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.
  • Able to work in a team environment.
  • Able to effectively summarize and communicate relevant findings and other information.

Prior Work Experience:

  • 1-3 years of related work experience.


  • Bachelor's Degree in a quantitative field of study is required.
  • Master's Degree in a quantitative field of study is preferred.


This position can be based in either our Philadelphia or New York Offices. 

  • Philadelphia Office:  1500 Market St., Philadelphia PA 
  • New York Office:  1450 Broadway, New York, NY

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, 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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