Senior Business Analyst

At MGIC, we take pride in knowing that what we do matters. As pioneers of private mortgage insurance, we help people achieve homeownership 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.

PURPOSE

The Senior Business Analyst serves as a strategic partner between business stakeholders and technology teams, driving the successful delivery of enterprise initiatives that support MGIC's transformation. This role is responsible for analyzing current business processes, identifying opportunities for operational improvement, documenting requirements, and supporting the implementation of modern underwriting workflows and technology solutions.

 

The ideal candidate combines strong business analysis skills with mortgage industry knowledge and experience supporting business process transformation and application implementation efforts.

PRIMARY DUTIES AND RESPONSIBILITIES

The following statements describe the general nature of work performed by people assigned to this job, may not be performed by all individuals in this job, and are not a complete list of all job duties required.

• Elicit, analyze, document, and validate business requirements for strategic initiatives

• Translate business objectives into detailed functional requirements, business rules, user stories, process flows, and acceptance criteria.

• Create and maintain business requirements documents, use cases, and business process flows

• Serve as the liaison between business stakeholders and technology teams throughout the project lifecycle.

• Identify dependencies, risks, assumptions, and impacts associated with proposed changes.

• Support implementation of new operating models and business capabilities associated with underwriting modernization initiatives.

• Support Agile delivery practices including backlog refinement, sprint planning, story development, and release planning.

• Executes requirements definition, analysis models, technical documentation, business documentation; facilitating end user communication and understanding of project requirements.

• Support organizational change efforts through training, process documentation, and communication activities.
• Develop and coordinate user acceptance testing activities, including test scenarios, test cases, defect triage, and business sign-off.
• Assist with implementation planning, production readiness assessments, and post-deployment support.

• Communicates using both formal and informal methods across cross functional team throughout the project management process. Responsible for aligning communication deliverables and methods to each sequence.

QUALIFICATIONS

Education: Completion of Bachelor's Degree in Business Administration, Computer Science or Information Systems. Additional experience (2 years) beyond the minimum (below) may be substituted for education beyond an Associate Degree.

Required Knowledge: 

• Working knowledge of MGIC business units and the interrelationships thereof obtained during onboarding

• Understanding of concept and phases of SDLC; able to complete assigned project tasks per each corresponding SDLC phase

• Understanding of project management principles and lifecycle

• Understanding of how IT affects MGIC’s business processes

 

Experience:    

• 7 years advanced work in area of specialization
• Experience supporting mortgage insurance, mortgage lending, underwriting operations, loan origination, or financial services technology initiatives strongly preferred
• Experience working in Agile environments and supporting product-based delivery models.
• Requires general direction, can define necessary tasks to achieve outcomes
• Performs multiple tasks of moderate and high complexity
• Multi-task and achieve multiple deliverables

Pay Range:

 

$87,990.00 - $149,590.00

 

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, and training. The range may vary in certain locations to reflect local market conditions. It is not typical to initiate pay at the top of the range to account for internal equity and allow for future and continued salary growth

 

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.