Pricing Intern

Posted 14 Days Ago
Be an Early Applicant
Milwaukee, WI
Internship
Fintech • Insurance
The Role
The Pricing Intern at MGIC will learn about mortgage insurance pricing strategies, work with the Actuarial and Pricing Implementation teams, and gain valuable business experience. Responsibilities include assisting with price changes, market research, and contributing to projects related to data and pricing structures.
Summary Generated by Built In

Why work at MGIC?
Are you someone who wants to play a critical role in our company’s success? Do you enjoy solving puzzles and finding a better way to get things done? Are you someone who likes to Take The Lead and make an impact? If so, then imagine yourself at MGIC. At MGIC we are a team of dedicated professionals on a fearless mission. A team that fosters a culture of career development and continuous learning opportunities to help you rise to new heights. We are passionate about providing outstanding customer service and making a difference in our community. #WeAreMGIC

Are you someone who wants to play a critical role in our company’s success? Are you interested in learning more about the strategies and methodologies behind pricing mortgage insurance? Do you want to be part of a highly valued team that makes a difference? Are you excited about data and telling stories with it in ways that others can understand? We’re looking for a collaborative, curious, and solution-oriented intern to join our Pricing Implementation team.  Come learn about MGIC’s internal processes and several professions such as Actuarial Science, Data Analytics, Software Development, and Quality Assurance Testing, while gaining valuable business experience.

How will you make an impact?

You will have the opportunity to:

  • Learn about MGIC and the private mortgage insurance industry.
  • Get acquainted with the Actuarial team, Pricing Implementation team, and broader company.
  • Understand the responsibilities and goals of the Actuarial and Pricing Implementation teams.
  • Develop familiarity with strategies, techniques, and tools used by the Actuarial and Pricing Implementation teams.
  • Gain an understanding of MGIC’s data and pricing structures.
  • Develop knowledge of MGIC’s rate engines.
  • Work with the Pricing Implementation team to contribute to price changes.
  • Work with the Actuarial team to contribute to various aspects of market research and related practices.
  • Participate in MGIC’s Actuarial Science study time program.

Do you have what it takes?

  • Pursuing an undergraduate degree in Actuarial Science, Mathematics, Statistics, or another quantitative-related major.
  • Completion of at least one actuarial exam or actively studying for the first actuarial exam.
  • Ability to work full-time hours throughout the summer on-site at our downtown Milwaukee campus.
  • Passionate about learning with a growth-oriented mindset.
  • Strong verbal and written communication skills, analytical skills, and time management skills.
  • Ability to work independently and in a team environment.
  • Ability to complete project-related tasks and meet deadlines.
  • Experience working with the Microsoft Office suite of programs.
  • Experience working with a general-purpose programming language such as Python.
  • Experience working with a programming language designed for managing and manipulating data such as SQL.

Enjoy these benefits from day one:
• Competitive Salary & pay-for-performance bonus
• Financial Benefits (401k with company match, profit sharing, HSA, wellness program)
• On-site Fitness Center and classes (corporate office)
• Paid-time off and paid company holidays
• Business casual dress

For additional information about MGIC and to apply, please visit our website at www.mgic.com/careers.

Note to all recruitment agencies:
MGIC does not accept unsolicited agency resumes. Any unsolicited resumes sent to MGIC, directly or indirectly, will be considered MGIC property. MGIC is not responsible for any agency fees associated with unsolicited resumes. A recruiting agency must have a valid, written and fully executed agency agreement to assist with a requisition.

 

Top Skills

Python
SQL
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The Company
HQ: Milwaukee, WI
1,100 Employees
On-site Workplace
Year Founded: 1957

What We Do

MGIC is a private insurance company offering insurance on real estate mortgages.

At MGIC, we are committed to helping our customers succeed.

Affordable homeownership remains a cornerstone of a strong and vibrant community. As the pioneer of the modern private mortgage insurance industry, Mortgage Guaranty Insurance Corporation (MGIC), the primary subsidiary of MGIC Investment Corp., has supported lenders and their communities since 1957 by providing a prudent means of offering affordable, low-downpayment home financing options. #WeAreMGIC

MGIC is the principal subsidiary of MGIC Investment Corporation, headquartered in Milwaukee, Wisconsin and serves lenders throughout the United States, Puerto Rico and other locations.

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