Senior Credit Risk Modeling Lead — Hybrid (Raleigh)

Genworth; Raleigh (NC); Hybrid; USD 140,000 - 200,000; Full time

Benefits offered by this job

Hybrid work schedule

Time Off and leave benefits

Tuition Reimbursement

Student Loan Repayment

401k with employer match

Wellness reimbursements

Paid Family Leave

Job summary

Enact Mortgage Insurance, headquartered in Raleigh, NC, seeks a Senior Credit Risk Modeling Manager to build and price credit risk models for its growing reinsurance business. This individual contributor role focuses on modeling, analysis, structuring, and communicating risk insights to inform underwriting and strategic decisions.

Responsibilities include developing pricing and portfolio risk models, conducting scenario analyses, and ensuring alignment with governance standards.

Qualifications

• Bachelor’s degree in financial mathematics, actuarial science, statistics, or related field.
• 7+ years of quantitative experience building risk models.
• Experience with capital modeling, cash flows, and performance data.

Responsibilities

• Build credit risk and pricing models for reinsurance transactions.
• Develop, test, document, and validate quantitative frameworks.
• Collaborate with underwriting, finance, actuarial, and leadership teams.
• Document assumptions, limits, risks, controls, and confidence levels.
• Present modeling insights to senior leadership.

Skills

Quantitative experience

Risk models

Stochastic modeling

Communication

Collaboration

Education

BS in financial mathematics or related field

Advanced degree or actuarial designation preferred

Tools

SQL

Excel

Python

R

SAS

Job description

Enact Mortgage Insurance, headquartered in Raleigh, NC, seeks a Senior Credit Risk Modeling Manager to build and price credit risk models for its growing reinsurance business. This individual contributor role focuses on modeling, analysis, structuring, and communicating risk insights to inform underwriting and strategic decisions.

Responsibilities include developing pricing and portfolio risk models, conducting scenario analyses, and ensuring alignment with governance standards.