Job Description
At Enact Mortgage Insurance (Nasdaq: ACT), 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.
WHY WORK AT ENACT
- We have a real impact on the lives of the people we serve
- We work on challenging and rewarding projects
- We give back to the communities where we live
POSITION TITLE
Internship Development Program – Reinsurance Operations Analyst Intern
THE PROGRAM
Enact’s Internship Program provides an excellent opportunity for students to gain hands-on experience in achieving business results while developing technical and professional skills. Enact invests time, energy, and resources to create a worthwhile summer experience. Interns work on meaningful business projects, but beyond that, they network directly with leaders throughout the company (all the way up to the CEO), attend teambuilding events with their internship cohort, connect with the community through volunteer opportunities, and attend professional development workshops. It’s a unique experience that helps interns develop a network of peers and mentors who act as a constant source of engagement and guidance both during and after the summer.
YOUR ROLE
In addition to the multiple weekly events attended by all interns, you’ll work alongside industry experts for a 12-week internship beginning May 13, 2024. You will be part of the Reinsurance Operations team within Enact Re. As a newly launched subsidiary in the Enact franchise, Enact Re provides access to growth via new business opportunities primarily consisting of GSE credit risk transfer.
As a member of the Reinsurance Operations team, you will support various aspects of reinsurance operations, including deal onboarding, management, reporting support, project management, and surveillance support. You will interact with internal business partners (legal, risk, finance, operations, and IT) in the onboarding, management, and reporting of new and existing reinsurance opportunities within our risk appetite.
YOUR RESPONSIBILITIES
- Collaborate with key stakeholders to document business requirements and processes
- Obtain weekly project status from all team members
- Organize and schedule meetings
- Prepare and assist in project documentation
- Provide consistent updates on the project to all stakeholders
- Identify operational requirements and opportunities for improvement
- Determine appropriate methods to analyze operations, relevant information, and data
- Collaborate across the Enact Re team to contribute to the success of team initiatives as directed by the Reinsurance Operations Manager
- Support Enact’s values of Improvement and Connection through participation in events and development opportunities
YOUR QUALIFICATIONS
- Undergraduate
- Rising junior or senior
- Minimum GPA of 3.2 on a 4.0 scale
- Proficient in Excel, Word, and PowerPoint
- Desire to work in the insurance, reinsurance, banking, or financial services industries
- Aptitude for critical thinking and using resources to create sustainable solutions
- Adept organizational skills
- Strong analytical and problem-solving skills
- Ability to communicate effectively
- Basic knowledge of project management problem solving approaches
- Visualization and reporting experience, preferably Tableau
- Prior work experience in coordinating or managing projects is preferred
LOCATION
Enact Headquarters – Raleigh, NC (hybrid schedule)
COMPANY
Enact is a leading publicly traded U.S. private mortgage insurance provider, offering borrower-centric products that enable lenders and other partners across the U.S. to help people responsibly achieve and maintain the dream of homeownership.
By empowering customers and their borrowers, Enact seeks to positively impact the lives of those in the communities in which it serves in a sustainable way. Headquartered in Raleigh, North Carolina, we play an active role in supporting a healthier Triangle community. We also support our colleagues’ philanthropic efforts in their home communities across the U.S.
Enact values all perspectives, characteristics and experiences, and DEI remains at the forefront of what we do. We strive to create an environment where employees can bring their full, authentic selves to work to help each other and their customers.
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.