Senior Manager, Underwriting Effectiveness & Innovation

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.

We’re looking for a Senior Manager, Underwriting Effectiveness & Innovation to join us in fulfilling our mission, while utilizing our values of excellence, improvement, and connection. In this role, you will be responsible for the transformation of underwriting technology and processes. You will leverage your deep underwriting expertise to assess internal operations, along with the industry and regulatory environment, to build innovative technology solutions to ensure regulatory compliance, drive process improvements, and increase efficiencies. The ideal candidate is a change maker with a proven track record of solving complex business problems with technology while bringing a team-oriented approach.

LOCATION
Remote or Hybrid Schedule at the Enact Headquarters, Raleigh, NC

YOUR RESPONSIBILITIES

• Assess the current Underwriting technology landscape to identify opportunities for efficiency and improvement.

• Collaborate with Underwriting and IT teams to deliver technological enhancements or implement new applications.

• Develop and manage an AI-powered underwriting assistant to enhance efficiency while maintaining high risk management standards.

• Explore additional opportunities to integrate AI and Generative AI in Underwriting.

• Define long-term strategy, drive prioritization, analyze trade-offs, and collaborate on the overall Underwriting technology roadmap to improve current and future operations.

• Conduct research and implement strategic initiatives to enhance the Underwriting department's efficacy and efficiency by leading major initiatives to transform Underwriting through process and tool enhancements.

• Define project scope, objectives, and deliverables in collaboration with senior management and stakeholders.

• Identify and mitigate project risks, escalating issues to leadership as needed.

• Build strong stakeholder relationships and maintain effective communication channels to ensure all stakeholders are informed of project decisions and status.

• Coordinate internal resources and third parties/vendors for seamless project execution.

• Foster a collaborative team environment and promote open communication across all levels of the organization.

• Maintain a continuous improvement mindset and identify scalable solutions.

• Uphold high standards for work products and consistently meet stakeholder commitments.

• Approach the role with professional curiosity and a collaborative problem-solving attitude.

YOUR QUALIFICATIONS

• Bachelor's degree

• 7+ years underwriting experience

• Exceptional project management skills

• Ability to drive successful change

• Ability to manage, influence and drive consensus

• Ability to solve complex problems with minimal guidance

• Strong commitment to continuous improvement, automation and innovative approaches

• Ability to meet and exceed objectives and handle multiple deadlines and priorities

PREFERRED QUALIFICATIONS

• PMP Certification

• Experience with Artificial Intelligence

• Mortgage Insurance or financial services experience

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.

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

ADDITIONAL
The base salary pay range for this role starts at a minimum rate of $108,100 up to the maximum of $188,800. In addition to your base salary, you will also be eligible to participate in an incentive plan. The incentive plan is based on performance and the target earning opportunity is 15% of your base compensation. The final determination on base pay for this position will be based on multiple factors at the time of this job posting including but not limited to geographic location, experience, and qualifications to ensure pay equity within the organization.