position located in Greensboro, NC. United Guaranty Corpporation.
This position oversees the design and negotiation of customized products for United Guaranty Corporation (UGC). In addition, the position manages the administration of UGC's legacy bulk and reinsurance programs, works closely with the
Actuarial, Legal, Finance and Production departments.
The position requires the ability to make clear and effective written and oral presentations to customers, company executives and project management, work on multiple projects simultaneously, anticipate required timeframe and difficulty in order to adhere to mutually agreed upon schedules. Work cohesively with the business in order to achieve partnership and cooperation with little management intervention.
Design and negotiate customized products to meet specialized needs of select customers. This will include:
Oversee the runoff of UGC's legacy pool and bulk business. This will include working with Servicing, Loss Management and Finance to ensure the runoff of this business is managed effectively and efficiently.
- Working with the Actuarial department on pricing and product design
- Working with Legal on contract language
- Assisting Production in discussions with customers
- Ensuring all internal and external approvals are obtained
- Establishing reports to ensure desired results are accomplished
Administer UGC's captive reinsurance program including working with Reinsurance Accounting and other departments on various information requests and commutation calculations.
Ad hoc projects & tasks: Serve as a resource to assist on various Enterprise Risk Management projects and workstreams.
Bachelor's degree or Master's preferred.
7+ years experience in Mortgage, Mortgage Insurance or Risk Management experience preferred.About United Guaranty
United Guaranty Corporation and its subsidiaries provide innovative, quality risk solutions that help mortgage lenders remain competitive while generating a profitable and responsible book of business for their stakeholders. Products include first-lien private mortgage insurance - most notably Performance Premium,® our industry-leading risk-based pricing option - and a suite of loan analysis and risk management tools. Distribution channels include national and regional mortgage bankers, credit unions and community banks, and builder-owned and Internet-sourced lenders. United Guaranty was established in Greensboro, North Carolina, in 1963 and has been a company of American International Group, Inc. (AIG) since 1981.