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Enact Mortgage Insurance

Enact Mortgage Insurance

Provides mortgage insurance for lenders

Accounting Lead - Statutory Reporting

Full-Time
No salary listed
Senior
Bachelor's
Raleigh, NC, USA
Hybrid

Three days on-site per week required.

No H1B Sponsorship

About the job

Requirements
  • A Bachelor's degree in Accounting is required.
  • CPA certification is required.
  • At least 5 years of general accounting experience is required.
  • Superior organizational and time management skills are required to manage multiple priorities and meet regulatory deadlines in a dynamic environment.
  • Strong proficiency in Excel and other accounting and financial reporting tools is required.
  • Demonstrated attention to detail and a high degree of accuracy are required.
  • The ability to work independently and exercise sound judgment in a fast-paced, deadline-driven environment is required.
  • Strong interpersonal skills are required to collaborate effectively within the accounting team and across departments and organizational levels.
  • Excellent written and verbal communication skills are required, including the ability to document accounting matters clearly and explain information to internal and external stakeholders.
  • Strong analytical and critical-thinking skills are required.
  • The role is not eligible for employment visa sponsorship.
Responsibilities
  • Lead the preparation and execution of all quarterly and annual regulatory and statutory filings, including financial statements, schedules, and related notes and disclosures.
  • Prepare, review, and analyze supplemental schedules required for statutory and regulatory reporting.
  • Provide oversight and review premium tax filings across applicable states and municipalities, ensuring accuracy and timeliness.
  • Own key components of the monthly close process related to statutory reporting, including the preparation and review of journal entries and account reconciliations.
  • Execute, monitor, and enhance internal controls over financial reporting to ensure compliance with regulatory and internal control requirements.
  • Develop, maintain, and refine documentation for key statutory reporting processes and controls, identifying opportunities for standardization and improvement.
  • Coordinate with cross-functional teams to compile, validate, and analyze data required for statutory financial statements and regulatory deliverables.
  • Act as a primary point of contact for external auditors and insurance regulators on assigned areas, responding to inquiries and preparing supporting documentation.
  • Partner with Information Technology and other stakeholders to support continuous improvement initiatives related to data quality, reporting efficiency, and control effectiveness.
  • Lead regulatory audits, examinations, and internal reviews by providing technical support, analyzing findings, and assisting with remediation efforts.
Desired Qualifications
  • Financial services or insurance experience is preferred.
  • Oracle or similar enterprise resource planning experience is preferred.

About the company

Enact Mortgage Insurance

Enact Mortgage Insurance

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Enact Mortgage Insurance provides mortgage insurance through its subsidiaries, Enact Mortgage Insurance Corporation and Enact Mortgage Insurance Corporation of North Carolina, to help lenders approve more home loans and keep borrowers in their homes. Its product works by offering insurance coverage on mortgage loans, typically enabling lenders to offer loans with lower down payments or better terms while transferring default risk to the insurer. Enact differentiates itself through its deep expertise, insightful offerings, and dedicated service that aims to support lenders and borrowers, including a regional presence via its North Carolina affiliate. The company’s goal is to help lenders put more people in homes and maintain home ownership for as long as possible.

Company Size

201-500

Company Stage

IPO

Headquarters

Raleigh, North Carolina

Founded

1981

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Simplify's Take

What believers are saying

  • 2Q26 insurance-in-force reached $274 billion, and new insurance written rose 19%.
  • Enact raised its quarterly dividend to $0.24 and lifted 2026 returns to $550-$600 million.
  • UAD 3.6 adoption on November 2, 2026 creates workflow demand for Enact guidance.

What critics are saying

  • PMIERs changes phase through September 30, 2026, pressuring capital and investment flexibility.
  • Mortgage insurance revenue depends on housing origination volumes, persistency, and cure performance.
  • Genworth controls Enact's capital actions; another downturn could force dividend cuts.

What makes Enact Mortgage Insurance unique

  • Enact's PMIERs sufficiency stayed 161% in 2Q26, preserving Fannie Mae access.
  • Since its 2021 IPO, Enact returned over $1.8 billion to shareholders.
  • SpringFour partnership gives delinquent borrowers no-cost financial wellness tools, supporting retention.

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Benefits

Hybrid Work Options

Unlimited Paid Time Off

Paid Family Leave

401(k) Company Match

Tuition Reimbursement

Student Loan Assistance

Fitness and Emotional Wellness Reimbursements

40 Hours of Volunteer Time Off

Company News

Yahoo Finance
Aug 6th, 2026
Enact Holdings raises 2026 capital return guidance to $550M–$600M on strong Q2 earnings

Enact Holdings reported adjusted operating income of $177 million, or $1.26 per diluted share, for Q2 2026, up from $1.15 in the prior year quarter. The company raised its 2026 capital return guidance to $550-$600 million from $500 million. New insurance written reached $15 billion, up 19% sequentially and 15% year-over-year, driven by elevated rates and seasonal dynamics. Credit performance remained strong with new delinquencies down 9% sequentially and a loss ratio of 14%. The company launched Enact Loan Level Assistant, a generative AI underwriting tool, to improve risk selection and operational efficiency. Investment income increased 11% year-over-year to $73 million. Enact maintained a PMIERs sufficiency ratio of 151% and returned $127 million to shareholders through dividends and buybacks during the quarter.

Yahoo Finance
Jun 26th, 2026
Guidewire Software leads small-cap picks with 21.7% revenue growth while IBP and ACT face headwinds

Guidewire Software, a technology platform provider for property and casualty insurance companies, stands out as a promising small-cap investment with a market capitalisation of $9.87 billion. The company posted strong annual revenue growth of 21.7% over the past two years, indicating expanding market share. Billings averaged 20.6% growth over the last year, demonstrating robust new contract acquisitions. The company's fast payback periods on sales and marketing expenses enable aggressive customer acquisition. By contrast, Installed Building Products and Enact Holdings face challenges. IBP's 2.4% annual revenue growth over two years lagged peers, with anticipated sales growth of just 1.5% for next year. Enact Holdings experienced flat net premiums earned over five years, with forecasts suggesting stagnant demand ahead.

Yahoo Finance
May 4th, 2026
Enact Holdings reports Q1 earnings tomorrow as peers beat estimates

Enact Holdings, a mortgage insurance provider, will report its Q1 earnings on Tuesday after market close. Analysts expect revenue to grow 1.2% year-on-year, slowing from the 3.9% increase recorded in the same quarter last year. Last quarter, Enact Holdings met revenue expectations with $315.6 million, up 2.1% year-on-year, and beat EPS estimates. However, the company has missed Wall Street's revenue estimates multiple times over the past two years. In the property and casualty insurance segment, peers Stewart Information Services and First American Financial recently reported Q1 results beating expectations, with their shares rising 3.9% and 3.5% respectively. Enact Holdings shares are up 2% over the past month, with an average analyst price target of $45.80 compared to the current share price of $42.62.

Yahoo Finance
Feb 4th, 2026
Enact approves $500M buyback and dividend as mortgage insurer ramps up shareholder returns

Enact Holdings has authorised a new $500 million share repurchase programme and approved a quarterly dividend of $0.21, whilst entering a stock buyback agreement with shareholder Genworth Financial. The announcement follows the company's fourth quarter revenue of $312.71 million and net income of $177.16 million. The mortgage insurance provider's shares currently trade at $40.33, having delivered returns of 22.7% over one year and 92.5% over three years. Management described the moves as part of a disciplined capital management strategy, signalling confidence in the company's balance sheet and operational performance. However, analysts have flagged risks including expectations for declining earnings over the next three years, which could limit buyback benefits. The mortgage insurance sector remains exposed to housing and credit cycles.

Yahoo Finance
Feb 3rd, 2026
Enact Holdings misses Q4 revenue estimates but beats EPS by 11.9%

Mortgage insurance provider Enact Holdings missed Wall Street revenue expectations in Q4 2025, reporting sales of $312.7 million versus analyst estimates of $315.7 million. Revenue grew 1.2% year on year, representing a 0.9% miss. The company's adjusted earnings per share of $1.23 beat analyst expectations of $1.10 by 11.9%. Pre-tax profit reached $223.1 million with a 71.3% margin, whilst book value per share grew 14.8% year on year to $37.66. Enact provides private mortgage insurance enabling lenders to offer home loans with lower down payments. Over the past five years, the company's revenue has grown at a 2.4% compound annual growth rate, though two-year annualised growth improved to 3.4%. Net premiums earned comprise 82.7% of total revenue.