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Quantitative Risk Intern

Quantitative Risk Intern
Wisconsin, US
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Job Description

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

This position is based in Milwaukee, WI (Hybrid environment - 3 days in office, 2 days remote).

What you will be doing:

  • Work amongst a team of quantitative risk analysts that operate the company’s most advanced statistical models
  • Participate in implementation, validation, assessment, monitoring process of multiple stochastic and statistical models for mortgage insurance forecasting
  • Enhance risk and analytical tools
  • Access large mortgage and MI datasets, utilize multiple statistical and machine learning techniques to improve modeling process and provide data-driven solutions
  • Develop advanced dashboards and standardized reports to provide insights
  • Perform modeling, data analytics, data visualization and programming in Python
  • Learn how we model, price and deal with financial risks.
  • Grow professionally through a supportive environment where you will be mentored

What we are looking for:

  • Graduate or undergraduate student with a junior or senior standing
  • Preferred major in Data Science, Computer Science or Financial Engineering
  • Working knowledge of either R or Python
  • Experience building data visualization dashboards like R-Shiny or Tableau
  • Experience with Microsoft Excel
  • Exposure to data query and statistical tools/languages such as SAS, SQL, or similar
  • Finance and Stats knowledge a plus but not required

#LI-DD1 #LI-Hybrid

Enjoy these benefits from day one:

• Competitive Salary & pay-for-performance bonus
• Financial Benefits (401k with company match, profit sharing, HSA, wellness rewards 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

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