Milliman’s Milwaukee Property and Casualty Practice is seeking a Capital Markets Director to join their vibrant, dynamic, and growing practice. The Capital Markets Director will be responsible for developing a practice dedicated to serving residential mortgage originators, servicers, and the secondary market. The ideal candidate will have well-established industry relationships, is a leader in the field, and has experience running large secondary markets operations for national mortgage lenders.

Who We Are

Independent for more than 75 years, Milliman delivers market-leading services and solutions to clients around the world. Today, we are helping companies take on some of the world’s most critical and complex issues, including risk management and product development, retirement funding and healthcare financing, data analytics and regulatory compliance.

The Milwaukee office of Milliman is one of the leading consulting firms in providing quantitative analytics to the property casualty insurance market and mortgage investors. We advise clients on a wide range of issues – from developing rates and rating plans to evaluating capital requirements for mortgage portfolios. Our consulting work is supported by a powerful toolkit of data analytics solutions.

The Team

Through a team of professionals ranging from actuaries to economists and insurance contract specialists, technology specialists to clinicians and plan administrators, Milliman offers unparalleled expertise in property and casualty insurance, employee benefits, investment consulting, healthcare, life insurance, and financial services.

The Milwaukee office provides consulting services to a wide variety of entities, including primary insurance companies, reinsurance companies, self-insured corporations, start-up/insurtech entities, government entities, and many others. Our consultants and staff within the office have expertise in an equally diverse range of specialties, which allows us to construct custom teams for each client to meet the unique needs of each assignment.

Job Responsibilities

• Oversee and perform data analysis using Excel, SAS, R, SQL, and proprietary Milliman programs
• Assist with consulting assignments for various property and casualty insurance lines of business, such as private passenger auto, homeowners, workers’ compensation, professional liability, commercial auto, commercial property, and more
• Work on projects involving pricing, predictive modeling, product development, reserving, financial projections, and mergers and acquisitions
• Responsible for reviewing the work of others, assisting with research, and supporting business development efforts
• Manage the day-to-day work for projects, including doing some technical work while delegating the majority of the technical work to associate actuaries and analysts to help meet client needs

Minimum Requirements

• Bachelor’s or master’s degree in finance or related field
• At least 20 years of experience in secondary markets
• Served as a Head of Capital Markets, or equivalent, for a national mortgage lender
• Experience leading a secondary markets team of over 20 FTE’s with overall responsibility for mortgage pricing, hedging and trading for a national mortgage lender

Competencies and Behaviors that Support Success in this Role

• Ability to generate new opportunities and sources of revenue for the practice
• Ability to help plan projects, identify project deliverables, meet deadlines, and ensure compliance with quality procedures
• Experience training and mentoring staff
• Excellent critical thinking skills, sound decision-making ability, and the ability to evaluate analyses for client communications
• Exceptional verbal and written communication skills
• Ability to help identify client-specific issues and resources needed to solve problems
• Dynamic people skills with the desire to develop a successful client base through networking, writing articles, speaking engagements, or other marketing methods
• Ability to work independently and in a team environment
• Client focused and results oriented with proven ability to work in a fast-pace environment
• Self-motivated, creative, and resourceful

Salary: The salary range is $325,000 to $450,000 annually, depending on a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc.

Location: It is preferred that candidates work on-site at our Milwaukee, WI office. Remote candidates will be considered.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.