Deputy General Counsel

Genworth Financial, Inc.; Raleigh (NC); Hybrid; USD 180,000 - 250,000; Full time

Benefits offered by this job

Hybrid work schedule (in-office Tues/W

Generous Time Off

Volunteer Time Off

Tuition Reimbursement

Employee Family Leave

401k with employer match

Wellness reimbursements

Onsite Gym

Job summary

Enact Holdings, Inc. seeks a Deputy General Counsel to support U.S. insurance operations, focusing on mortgage insurance, reinsurance, and related transactions.

This role collaborates with finance, risk, sales and compliance teams to provide practical, compliant legal solutions. The position requires extensive experience in U.S. insurance regulation, strong transactional skills, and leadership in a regulated financial services environment.

Qualifications

• Experience in U.S. insurance regulatory matters and transactional work.
• Strong drafting and negotiation of insurance and reinsurance agreements.
• Experience with intercompany agreements, dividend requests, and investments in subsidiaries.

Responsibilities

• Provide legal advice on U.S. insurance regulatory matters affecting mortgage insurance and reinsurance.
• Interact with regulators on licensing, filings, approvals, and examinations.
• Draft, review, and negotiate reinsurance agreements and related risk-transfer arrangements.

Skills

Insurance regulation

Regulatory liaison

Reinsurance drafting

Intercompany agreements

Cross-functional collaboration

Leadership

Education

Juris Doctor (J.D.)

Active U.S. license to practice law

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.

Genworth Financial, Inc (“Genworth”) (NYSE: GNW) is a Fortune 1000 company focused on empowering families to navigate the aging journey with confidence, now and in the future. Headquartered in Richmond, Virginia, Genworth and its CareScout businesses provide guidance, products, and services that help people understand their caregiving options and fund their long‑term care needs. Genworth is also the parent company and majority‑owner of publicly traded Enact Holdings, Inc. (Nasdaq: ACT), a leading U.S. mortgage insurance provider. Genworth Mexico Genworth US We know we can’t deliver on our mission unless we deliver for our employees. That’s why we’re committed to creating a work environment that fosters inclusion, excellence, improvement and connection. We know each employee contributes in their own unique way and we’re dedicated to supporting every one of them to help them reach their full potential. We are proud to be an equal opportunity employer and all hiring decisions are based on merit, qualifications, and business need. 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.