Pricing Strategist in Philadelphia, PA at Radian Group Inc

Date Posted: 10/8/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    10/8/2019

Job Description

The Pricing and Valuation Strategist is a key participant, together with portfolio risk and sales account managers, in the revenue-generating activities of Radian's mortgage insurance business. This position sits on the Pricing and Valuation team, which models new products and analytical tools, and connects directly with senior management to develop and deliver innovative models and analyze risks and opportunities in the mortgage insurance business.

Candidates should have a strong understanding of modeling and analytic techniques including discounted cash flow analysis, be attentive to detail, and ambitious to build innovative technology. Mortgage insurance is a highly competitive industry, and in many ways still in its infancy when it comes to technology, which creates a unique opportunity to directly drive results in both the business and the industry.

This is a great position for a candidate who has experience in model validation and wants to move to a production driven role. Alternatively, this could be a great opportunity for a candidate who works in technology and wants exposure to the business side of risk management.

What you will do:

  • Build cutting edge tools using advanced analytical platforms ( e.g. Python/R/SAS) for valuing risk and deploying pricing for mortgage insurance products.
  • Conduct both in-depth and macro level valuation analysis of risk segments to identify areas of opportunity
  • Work with firm technology on the development and deployment of IT architecture and underlying pricing systems
  • Collaborate with portfolio management on developing risk/return reporting packages to isolate and attribute pricing decisions given internal and external economic variables
  • Leverage advanced modeling and analytic techniques to incorporate machine learning, AI, block chain, and algorithms system into the pricing engines
  • Create new and maintain existing procedure documents and implement best practices for processes.


What we are looking for:

Knowledge:

  • 3+ years analytical experience within the mortgage banking, Reinsurance, or financial services industry
  • Advanced knowledge of Python, SAS, VBA, SQL, or a similar programming language
  • General understanding of pricing/valuation/ROC concepts and methods


Skills and Abilities:

  • Ability to prioritize tasks and handle multiple tasks under deadlines
  • Ability to perform analysis and provide conclusions and recommendations
  • Proficient with all Microsoft applications (Excel/PowerPoint) and familiarity with VBA or a similar language
  • Experience manipulating large data sets

Other Position Parameters:

  • High level of interest in learning and utilizing advanced analytical and statistical methods
  • Demonstrated track record of  success and increasing knowledge base                                                                                                                                                                              
  • Exceptional organizational and planning skills


Prior Work Experience

  • 1 to 3 years of related work experience

Education and Credentials

  • Required:    Bachelor’s Degree,  Concentration in Mathematics, Finance, Economics or Computer Science
  • Preferred:    Master’s Degree,  Concentration in Mathematics, Finance, Economics or Computer Science

Location: 

  • 1500 Market Street, Philadelphia, PA 19102

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 recruitment@radian.biz.

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