Reinsurance Operations Specialist

Reinsurance Operations Specialist 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 Specialist 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 Enact's reinsurance diversification initiatives. 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. This role is essential to the execution of Enact's risk management strategy and supports the full lifecycle of reinsurance transactions. LOCATION Enact Headquarters, Raleigh, NC Hybrid Schedule YOUR RESPONSIBILITIES Contribute to the smooth execution of reinsurance transactions and support the overall risk management efforts of the organization. Set up new deals in the reinsurance deal database, ensuring all required data and approvals are captured. Facilitate onboarding of new deals, including contract storage, data capture, and documentation of approvals. Support the completion of deal implementation memos by coordinating with underwriting, legal, accounting, and other teams. Operational Support & Reporting Generate and deliver monthly data to accounting for financial close processes (month-end, quarter-end, year-end). Monitor and analyze in-force deals to ensure compliance with contractual terms and performance expectations. Maintain tracking of reports and payments for each in-force deal. Communicate timing and requirements for deal terminations and confirm successful completion. 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. Data Management & Troubleshooting 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. Stakeholder Engagement Collaborate with internal teams (Legal, Risk, Finance, Operations, IT) and external partners (insurance managers, corporate service providers, regulators, rating agencies). Monitor and coordinate responses to communications from brokers and cedants. YOUR QUALIFICATIONS Bachelor's degree or equivalent experience in Finance, Risk Management, Data Analytics, or a related field. Familiarity with reinsurance concepts, processes, and terminology. Demonstrates a high ownership mindsetproactively 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. Proficiency in Microsoft Excel and data analytics tools. Ability to adapt to changing priorities and market conditions. PREFERRED QUALIFICATIONS Knowledge of reinsurance treaty structures (e.g., quota share, excess of loss). Experience with reinsurance operations software or databases. 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 (shared 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 We are proud to be an equal opportunity employer and all hiring decisions are based on merit, qualifications, and business needs. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. #J-18808-Ljbffr