Lead Product Manager

At MGIC, we take pride in knowing that what we do matters. As pioneers of private mortgage insurance, we help people achieve home ownership sooner - making affordable low-down-payment mortgages a reality. Our efforts have helped more than 14 million people get the keys to their own homes sooner than otherwise possible. Every position is critical to our company's success - from the analytical to the technical;

from the innovative to the operational. The customer-facing roles to behind-the-scenes experts, we're all part of one team. We're an organization with a national footprint that's large enough to never lack for a new challenge, but small enough for an opportunity to make an impact and influence decisions. Come make a difference at MGIC.

Lead strategies and related activities of the development, launch and lifecycle of our credit enhancement products.

• Responsible for the development, implementation, and maintenance of MGIC’s credit enhancement product lines (e.g., flow MI, bulk MI, lender CRT).
• Leads the process of handling customer and partner requests relating to credit enhancement solutions.
• Leverages knowledge and relationships to provide operational and strategic support to risk transfer initiatives.
• Leads cross-functional business groups and engages with appropriate key resources from other business areas, to ensure products meet customer needs.
• Gathers and analyzes information from various perspectives and formulates recommendations.
• Leads MGIC’s surveillance and monitors the competitive marketplace, including information relating to technical trends, industry business partners, and government events that impact product strategies and other related activities.
• Identifies business opportunities and conducts research to formulate recommendations to management while ensuring that programs support the overall corporate strategy.
• Takes lead responsibility on customer product initiatives and requests. Research proposals from customers, assesses customer need and responds to requests appropriately.
• Works with senior management to establish short- and long-term product line objectives.
• Responsible for developing and administering budgets for new and enhanced programs by means of preparing cost-benefit analyses and ensuring compliance with budget guidelines.
• May be responsible for mentoring and counseling junior staff.
• Performs other duties as assigned.

Required Knowledge:

• Demonstrated knowledge of mortgage insurance and the mortgage finance market,
• MGIC’s business, strategic direction, products, technologies, business practices, and customers
• Mortgage industry trends and emerging initiatives
• Sales and marketing strategies and techniques
• Financial analysis, calculations and concepts

Experience:

More than 7 years of comprehensive and related experience in the mortgage lending and/or mortgage insurance/credit enhancement industry in a marketing, product development environment.

Required Skills:

• Project leadership and business case development
• Analytical skills, use of XLS
• Ability to identify opportunities for improvement
• Ability to think strategically
• Business acumen

FLSA:
This position qualifies for the Administrative exemption as the employee is required to exercise discretion and independent judgment in developing products/brands to further the sale of mortgage insurance.

DISCLAIMER (Americans with Disabilities Act) - All job responsibilities and requirements are subject to possible modification to reasonably accommodate individuals with disabilities.

Pay Range: $ - $ This range aligns with current market data and reflects our commitment to competitive and equitable compensation. Salary offers are based on factors such as experience, skills, education,…