Careers at Euclid Mortgage
Interested in becoming a highly-valued member of the Euclid Mortgage team? Please send your resume to [email protected]
Euclid Mortgage is an equal opportunity employer who recruits, employs, trains, compensates and promotes regardless of race, religion, color, national origin, gender, gender identity, sexual or affectional orientation, disability, age, veteran status, and other protected status as required by applicable law. Euclid Mortgage is committed to promoting and maintaining a diverse, inclusive environment where different backgrounds, characteristics and viewpoints are valued.
Open Positions
Greater Chicago Area, Southeast Wisconsin Metropolitan Area, Remote
About Euclid Mortgage:
Euclid Mortgage is a startup company specializing in providing turnkey access to highly profitable and diversifying mortgage credit risk and capital solutions for cedents of mortgage credit risk. It is led by a team with over 40 years of experience in the mortgage credit risk industry providing top notch service.
Euclid Mortgage is an affiliate of Euclid Insurance Services Inc. (EIS). EIS is an award-winning platform based out of Itasca, Illinois that delivers large company capabilities in a privately owned, responsive environment for our partners, employees, brokers, carrier partners, and policyholders.
About the Role:
The Business Intelligence (BI) Analyst is responsible for creating next generation analytics, dashboards and reports that support the business in communicating housing economics and reinsurance partner financial positions. On a day-to-day basis, the BI Analyst will join disparate data sources, perform analysis, build and maintain dashboards that visualize complex data to deliver valuable insights that drive business decisions. The BI Analyst will also perform data review, report updates, basic quantitative analysis, quality assurance, and project document editing. This person will support and contribute to the reporting strategy and guide users through the visual transformation via interactive and intuitive visual designs. This work is crucial to the final work product we submit to our clients – we need your passion for user-centered design that makes data easier to understand.
Much of the BI Analyst’s work will be done in manipulating data sets in R and Excel, conducting exploratory analysis and modeling in Excel, and delivering results through user-friendly PowerBI dashboards. Prior mortgage (re)insurance experience is beneficial but not required: we will teach you the key concepts of analyzing and forecasting insurance premium and loss cashflows.
Desired Qualifications, Skills, and Experience:
Professional Qualifications
- Demonstrable quantitative work experience including data visualization, putting together analysis that supports a business pro forma, etc.
- Working knowledge of how macro-economic indicators influence business decisions utilizing statistical techniques such as regression models
- Confident when manipulating large data files in csv format, and analyzing and processing them in SAS, R or Python
- Familiarity with data structure, relational and non-relational databases, big data concepts, cloud computing, open-source tools, and data optimization techniques
- Substantial professional experience using MS Excel (filter, sort, summarize, pivot tables, financial functions, visualization methods)
- Experienced developing dashboards and reporting solutions such as PowerBI or Tableau
- Experience using MS PowerPoint, Outlook, Teams, and Word
Personal Qualifications
- A passion for storytelling with numbers; ability to analyze raw data, draw conclusions, and develop actionable recommendations
- Client focused and results-oriented
- Strong communication skills – both in-person and written – in order to successfully liaise with colleagues and clients
- Ability to translate ideas and business requirements into business solutions
- Can complete project deliverables, meet deadlines, and ensure compliance with quality procedures
- Utmost professionalism
- Intellectual curiosity about the topics of insurance risk and the work of our company
- Confident in clearly articulating questions and ideas
- Dedicated to completing a task with enthusiasm and integrity
- Inspired to perform well by the ability to contribute to the success of a project or organization
- Self-starter, takes initiative and works well independently and within a team
- Excellent time management skills including collaboration across time zones
Education Requirements:
Associate or bachelor’s degree in a related field such as statistics, finance, economics, or business (coursework at the collegiate level preferred)
Benefits:
Euclid Mortgage offers a competitive compensation pages and generous benefits including:
- Medical, Dental and Vision coverage for employees and their dependents, including domestic partners
- A 401(k) Plan with employer matching
- 100% company paid Life Insurance and Disability Insurance, including both short and long term
- Flexible Spending Accounts
- Annual Healthy Living Reimbursement
- Genetic Testing
- Remote position with one day per week in office
Compensation:
The salary range for this role is $70,000 to $80,000, depending on a combination of factors, including but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.
Euclid Insurance Services Inc is an equal opportunity employer who recruits, employs, trains, compensates and promotes regardless of race, religion, color, national origin, gender, gender identity, sexual or affectional orientation, disability, age, veteran status, and other protected status as required by applicable law.
Greater Chicago Area, Southeast Wisconsin Metropolitan Area, Remote
About Euclid Mortgage:
Euclid Mortgage is a startup company specializing in providing turn key access to highly profitable and diversifying mortgage credit risk and capital solutions for cedents of mortgage credit risk. It is led by a team with over 40 years of experience in the mortgage credit risk industry providing top notch service.
Euclid Mortgage is an affiliate of Euclid Insurance Services Inc. (EIS. EIS is an award-winning platform based in Itasca, Illinois that delivers large company capabilities in a privately owned, responsive environment for its partners, employees, brokers, carrier partners, and policyholders.
About the Role:
The Actuarial Analyst is responsible for performing analysis on projects related to mortgage insurance and reinsurance, including underwriting, pricing, loss reserving and claims forecasting, program development, and predictive modeling for a diverse client base. Working in a team environment, this role entails creative problem-solving using spreadsheets, databases, and other resources to analyze data and information.
Euclid Mortgage’s Chicago and Bermuda-based locations underwrite and advise on a wide range of Credit Risk Transfer (CRT) opportunities for global reinsurance partners and banks. Our work is supported by a powerful toolkit of analytics software solutions. As innovators in mortgage risk assessment and management, Euclid Mortgage embraces technology and builds renowned data-driven tools that evaluate risk for a wide variety of applications.
Desired Qualifications, Skills, and Experience:
Professional Qualifications
- Perform data analysis using Excel, VBA, SAS, R, and proprietary Euclid programs to assist with consulting for various global reinsurers manage mortgage credit risk
- Participate in consultative activities that include pricing, loss reserving, predictive modeling, product development, financial projections, and capital modeling
- Responsible for reviewing the work of peers and assisting with research projects and business development
- Coordinate with other analysts as a project team to deliver client reports and deliverables
- Responsible for technical work, which may include analyzing data, completing actuarial calculations, developing and utilizing actuarial models, and implementing software solutions
Personal Qualifications
- Experience working with R, SAS, VBA, or other coding languages
- Strong communication skills (both verbal and written)
- Analytical thinking skills to evaluate analyses for downstream impact
- Ability to complete project-related tasks, meet deadlines, and comply with quality control procedures
- Client focused ad results oriented
- Strong time management skills
- Ability to work independently and in a team environment
- Ambition and excitement for professional development within the actuarial field
- Demonstrates integrity in all functions of work
Education Requirements:
- Bachelor’s or master’s degree in actuarial science, mathematics, or another major with quantitative course work
- At least two actuarial exams passed
- Prior actuarial internships
- Thorough understanding of Microsoft Excel and actuarial concepts
Benefits:
Euclid Mortgage offers a competitive compensation package and generous benefits including:
- Medical, Dental and Vision coverage for employees and their dependents, including domestic partners
- A 401(k) Plan with employer matching
- 100% company paid Life Insurance and Disability Insurance, including both short and long term
- Flexible Spending Accounts
- Annual Healthy Living Reimbursement
- Genetic Testing
- Remote position with one day per week in office
- Actuarial student program with study time and commensurate exam bonuses upon successful completion
Compensation:
The salary range for this role is $80,000 to $100,000, depending on a combination of factors, including but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.
Euclid Insurance Services Inc is an equal opportunity employer who recruits, employs, trains, compensates and promotes regardless of race, religion, color, national origin, gender, gender identity, sexual or affectional orientation, disability, age, veteran status, and other protected status as required by applicable law.
