Reinsurance Operations Analyst

Reinsurance Operations Analyst

At Enact, we understand that there's no place like home. 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. We're looking for a Reinsurance Operations Analyst in Raleigh, NC to join us in fulfilling our mission, while utilizing our values of excellence, improvement, and connection.

In this role, you will play a key role in supporting end-to-end execution and ongoing administration of reinsurance transactions with an emphasis on operational efficiency, data quality, and scalable controls for Enact's reinsurance diversification initiatives. You will partner cross-functionally to ensure reinsurance deals are onboarded, implemented, and maintained in accordance with internal governance, contractual requirements, and close/reporting timelines. The role also supports new deal opportunity coordination and underwriting due diligence workstreams by organizing stakeholders, preparing standardized materials, and ensuring outputs are captured and auditable.

LOCATION Enact Headquarters, Raleigh, NC Hybrid Schedule

YOUR RESPONSIBILITIES

• Reinsurance Transaction Lifecycle
• Coordinate completion of deal implementation memos by compiling inputs, tracking open items, and ensuring timely stakeholder reviews (Underwriting, Legal, Accounting, Actuarial, Risk, IT/Data).
• Identify recurring friction points (e.g., missing inputs, inconsistent templates, late approvals) and recommend standard work improvements (checklists, templates, intake requirements, naming conventions) to reduce cycle time and rework.
• Track and communicate deal progress using defined milestones and status definitions, escalating risks when timeline or dependency thresholds are breached.
• Deal Opportunity Coordination
• Proactively coordinate internal stakeholders (e.g., underwriting, legal, accounting/finance, actuarial, risk, IT/data) to align on objectives and readiness for broker discussions.
• Organize and facilitate initial deal opportunity meetings by:
• Coordinating schedules for meetings,
• Preparing agendas, decision points, and pre-read materials,
• Collecting key questions/requirements from each function,
• Documenting outcomes, actions, owners, and timelines.
• Support diligence execution by:
• Maintaining diligence checklists and evidence logs,
• Coordinating data requests and follow-ups,
• Organizing diligence findings and ensuring key risks/assumptions are documented.
• Operational Support & Reporting
• Own the preparation, validation, and delivery of close-ready data to Accounting for month-end, quarter-end, and year-end processes; Improve the reliability and repeatability of close/reporting processes by enhancing trackers, refining templates, documenting procedures, and flagging systemic root causes of exceptions.
• Maintain complete, accurate, and current records across internal systems and repositories; perform and scope routine and ad hoc data audits to validate completeness, accuracy, consistency, and documented data lineage in line with internal governance standards.
• Analyze recurring errors and recommend improvements (data validations, intake controls, standardized mappings, clearer ownership handoffs) to reduce manual rework and downstream risk.

YOUR QUALIFICATIONS

• Bachelor's degree or equivalent experience in Finance, Risk Management, Data Analytics, Business Operations, or a related field.
• Familiarity with reinsurance concepts, processes, and terminology with the ability to apply standard procedures to resolve routine issues.
• Demonstrated high-agency mindset with a proactive, ownership-driven approach to identifying issues, recommending improvements, and driving solutions through to implementation.
• Strong organizational skills and attention to detail; ability to manage multiple workstreams and deadlines with moderate guidance.
• Progressive experience within reinsurance operations, insurance operations, finance operations, or a related transactional/controls environment.
• Demonstrated ability to improve operational execution through standardization (templates, checklists, trackers), documentation, and process discipline.
• Proficiency in Microsoft Excel and experience creating and working with structured datasets, reconciliations, and operational reporting.
• Strong written and verbal communication skills, able to coordinate cross-functional inputs and document outcomes clearly.

PREFERRED QUALIFICATIONS

• Knowledge of common reinsurance treaty structures (e.g., quota share, excess of loss) and operational impacts (reporting, premiums, claims, settlements).
• Experience with databases, or workflow tools (e.g., SharePoint lists, workflow automation, ticketing systems).
• Familiarity with controls, audit readiness practices, and data governance concepts (documentation standards, lineage).
• Experience supporting diligence activities or due diligence coordination.

COMPANY Enact Re is a Bermuda licensed Class 3A insurer with over $700 million in assets. Enact Re, rated A- (Excellent) by both AM Best and S&P, is focused on assuming risk in the areas of US and international mortgage credit, housing, and other targeted credit areas. Enact Re is a subsidiary of Enact (Nasdaq: ACT), which operates principally through its wholly owned subsidiary Enact Mortgage Insurance Corporation, a leading U.S. private mortgage insurance provider committed to helping more people achieve the dream of homeownership. Enact is headquartered in Raleigh, North Carolina.

WHY WORK AT ENACT

• 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
• We offer competitive benefits:
• Hybrid work schedule (in-office days Tues/Wed/Thurs)
• Generous Time Off
• 40 Hours of Volunteer Time Off
• Tuition Reimbursement and Student Loan Repayment
• Paid Family Leave and Flexible Spending Accounts
• 401k with up to 5% employer match
• Fitness and Emotional Wellness Reimbursements
• Onsite Gym