Job Description

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 Deputy General Counsel to join us in fulfilling our mission, while utilizing our values of excellence, improvement, and connection. In this role, you will join the Legal team and support the company’s U.S. insurance operations, primarily in the mortgage insurance space. This role will focus on insurance regulatory matters, reinsurance, and insurance-related transactions, with significant interaction across the finance, risk, sales and compliance teams.

A successful candidate will bring deep insurance regulatory experience, strong transactional skills, and a practical, business-oriented approach to advising a regulated financial services organization.

LOCATION

Enact Headquarters, Raleigh, NC (Hybrid Schedule). Remote candidates with the appropriate experience may be considered, with regular travel to Raleigh required.

YOUR RESPONSIBILITIES

• Provide legal advice on Enact’s U.S. insurance regulatory matters affecting Enact’s domestic operations, primarily mortgage insurance and reinsurance.

• Interact directly with insurance regulators on a wide range of matters, including licensing, examinations, approvals, filings, and ongoing regulatory oversight.

• Draft, review, and negotiate reinsurance agreements and related risk‑transfer arrangements, including insurance-linked notes.

• Negotiate and advise on master service agreements with lender partners and other commercial arrangements.

• Partner with internal business teams to develop creative, compliant solutions that advance strategic and commercial objectives.

• Manage and coordinate outside counsel as needed.

• Monitor regulatory and legislative developments and advise the business on emerging legal and regulatory risks.

• Take a leadership role in the U.S. Mortgage Insurers House Counsel Committee.

YOUR QUALIFICATIONS

• Juris Doctor (J.D.) from an accredited law school.

• Active license to practice law in at least one U.S. jurisdiction.

• Minimum of 10 years of U.S. insurance regulatory and transactional experience.

• Significant experience with complex insurance and reinsurance structures and transactions.

• Significant experience drafting, evaluating, and negotiating insurance and reinsurance agreements.

• Significant experience with intercompany agreements, dividend and distribution requests, and investments in subsidiaries and affiliates.

• Experience developing and advising on the filing of insurance policies and rates.

• Experience interacting directly with insurance regulators on a wide variety of matters, including licensing, regulatory filings and examinations.

• Broad experience related to insurance laws, regulations and licensing requirements.

• Familiarity with insurance holding company acts and related filings, such as holding company transactions, Form A/D filings, dividend requests, and reinsurance regulatory approvals.

• Working knowledge of statutory insurance accounting principles (SAP).

• Strong collaboration and communication skills; ability to work effectively across multiple business units.

• Client focused mindset with the ability to deliver practical, compliant solutions.

PREFERRED QUALIFICATIONS

• Experience with state departments of insurance, ideally the North Carolina Department of Insurance.

• Financial or accounting expertise, or experience working closely with finance teams.

• Familiarity with the U.S. housing finance system.

• Familiarity with RESPA and related state laws.

COMPANY
Enact Holdings, Inc. (Nasdaq: ACT), operating primarily through its wholly owned subsidiaries, 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, along with providing a positive and inclusive culture for employees to grow and succeed. 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.

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

* This role is not eligible for employment visa sponsorship.