Enact MI
Reinsurance Operations Specialist
Raleigh, North Carolina
Sponsorship not specifiedDetected 19 days ago
Data AnalysisAccountingExcelCommunicationOrganizational SkillsUnderwriting
About the role
- That's why we bring our deep expertise, insightful offerings, and extra mile service to work every day to help lenders put more people in homes and keep them there.
- In this role, you will play a key role in supporting Enact's reinsurance diversification initiatives.
Responsibilities
- Contribute to the smooth execution of reinsurance transactions and support the overall risk management efforts of the organization.
- Support the completion of deal implementation memos by coordinating with underwriting, legal, accounting, and other teams.
- Generate and deliver monthly data to accounting for financial close processes (month-end, quarter-end, year-end).
- Maintain tracking of reports and payments for each in-force deal.
- Prepare and deliver external reports and fulfill commitments to reinsurers, brokers, regulators, and other third parties, ensuring accuracy, timeliness, and compliance with contractual and regulatory obligations.
- Support and monitor monthly IT data loads for in-force transactions; provide first-level troubleshooting for data errors.
- Validate and reconcile reinsurance premiums, claims, and recoverables.
- Maintain accurate and up-to-date records in internal systems.
- Collaborate with internal teams (Legal, Risk, Finance, Operations, IT) and external partners (insurance managers, corporate service providers, regulators, rating agencies).
- You will manage the operational aspects of reinsurance transactions and collaborate with internal and external stakeholders to ensure the successful onboarding, administration, and reporting of reinsurance deals.
Requirements
- Bachelor's degree or equivalent experience in Finance, Risk Management, Data Analytics, or a related field.
- Familiarity with reinsurance concepts, processes, and terminology.
- Proficiency in Microsoft Excel and data analytics tools.
- Ability to adapt to changing priorities and market conditions.
- Set up new deals in the reinsurance deal database, ensuring all required data and approvals are captured.
- Demonstrates a high ownership mindset-proactively identifying issues, asking the right questions, collaborating effectively, and driving work through to resolution or appropriate escalation.
- Strong organizational skills and attention to detail.
- Excellent written and verbal communication skills.
Nice to have
- Knowledge of reinsurance treaty structures (e.g., quota share, excess of loss).
- Experience with reinsurance operations software or databases.
- Headquartered in Raleigh, North Carolina, we play an active role in supporting a prosperous Triangle community.
- We bring innovative thinking to the situations at hand
- We seek out and incorporate diverse views to strengthen our outcomes
- We work on challenging and rewarding projects
- o 401k with up to 5% employer match
Benefits
- o 40 Hours of Volunteer Time Off
- o Tuition Reimbursement and Student Loan Repayment
- o Paid Family Leave and Flexible Spending Accounts
- o Fitness and Emotional Wellness Reimbursements
- o Generous Time Off
Company info
- At Enact, we understand that there's no place like home.
- We're looking for a Reinsurance Operations Specialist in Raleigh, NC to join us in fulfilling our mission, while utilizing our values of excellence, improvement, and connection.
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