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Senior Analyst, Operations in Philadelphia, PA at Radian Group Inc

Date Posted: 4/13/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
    Other
  • Experience:
    Not Specified
  • Date Posted:
    4/13/2018

Job Description

Headquartered in Philadelphia, Radian connects lenders, homebuyers, investors and loan servicers using a suite of private mortgage insurance and related risk management products and services. We help promote and preserve the tradition of homeownership while protecting lenders from default-related losses on residential first mortgages. We also facilitate the sale of low-down payment mortgages in the secondary market.

Our commitment to homeownership is built on a foundation of evaluating credit risk; we help clients and investors expertly and prudently manage risk in any market condition.

You will develop and maintain metrics and models to support financial and operational performance tracking. You will also provide ad hoc analysis and research as input to process improvement initiatives. You will have the unique ability to highlight trends and patterns to identify and communicate potential opportunities and issues to management.

Primary Duties and Responsibilities

  • Analyze production trends highlighting significant variances to operating plan or goals and consult with production leaders to develop corrective action plans.  Track underwriter/specialist productivity trends adjusted for non-production time and assist production leaders in identifying improvement opportunities.
  • Assist Process Engineers in collecting and analyzing process data to measure current state and model future state process improvement projects.  Work with finance to develop cost benefit analysis (CBA) for projects that require significant system development. Set up reporting to track process of improvement pilots and post mortem results.
  • Issue RCS leadership reports covering production volume, productivity, decision cycle times, quality metrics and capacity.  Perform ad hoc analysis as assigned to investigate special cause variations or increase visibility into areas of interest. 
  • Analyze customer performance and make recommendations to improve economic value added (EVA) opportunities.  Run CUW pricing model to assist Client Service Managers’ in negotiating underwriting contracts.  Track CUW lenders' performance compared to pricing assumptions and highlight low profitable clients to production leaders.
  • Facilitate annual operating plan and periodic forecast accounting for volume, headcount and financial impacts.  Develop capacity and financial models and work with production leaders to define forecast assumptions aligned to strategic goals and initiatives.
  • Support supplemental billing research and ad hoc reporting to ensure billing accuracy and transparency.  Alert management of billing issues and coordinate resolution amongst several Radian and Clayton departments to mitigate customer impact


Job Specifications

Knowledge:

  • Working knowledge of Mortgage banking, mortgage insurance, insurance or financial services background is preferred.
  • Experience in developing resource capacity and forecast models.
  • Experience in producing analysis to support projects using Six Sigma methodologies and design of experiments.
  • Demonstrated the ability to communicate the results of analysis to front-line management in order to effect process improvements.
  • Proven ability to distill large amounts of data into analysis that can be easily interpreted by management.


Skills and Abilities:

  • Highly proficient in Excel
  • Ability to apply statistical tools to determine cause and effect relations, and predictive forecasting
  • VBA knowledge is preferred
  • Experience with resource planning and simulation models preferred

Other Position Parameters:

  • Ability to work independently in a fast paced environment, and continually prioritize work to meet deadlines
  • Strong interpersonal communication skills
  • A self-starter with the ability to manage multiple projects simultaneously and produce accurate, timely results
  • Commitment to the task assigned and a willingness to put the time in if necessary to complete the tasks assigned

Prior Work Experience

  • 3 - 5 years of related experience.


Education and Credentials

  • Bachelor’s Degree is required.

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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