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 skilled  Senior Manager, Reinsurance Underwriting Analytics in Bermuda to assess, model, and price its growing reinsurance business. The role involves structuring, modeling, analyzing, pricing, and managing risk. Strong analytics, effective communication, credit experience and reinsurance market expertise are required. You will collaborate closely with teams to shape credit products and influence key decisions by tackling complex problems and delivering meaningful results.

LOCATION

Full Time – Hybrid Schedule – Bermuda

YOUR RESPONSIBILITIES

• Develop and enhance pricing and exposure models for reinsurance lines, collaborating with key stakeholders including Underwriting, Finance, Actuarial, Risk Modeling and leadership team to drive strategy and outcomes.

• Align pricing approaches with internal, regulatory, and rating agency views

• Analyze product performance, uncover insights, and drive actionable recommendations

• Support loss reserving for transactions and portfolios, ensuring financial strength

• Create tools for scenario, sensitivity, and stochastic analysis to enable better decisions

• Present compelling findings to both technical and non-technical audiences; clearly document assumptions and risks to drive confidence in analysis and recommendations

• Explore new ideas, engage with external experts, and innovate our pricing toolkit

YOUR QUALIFICATIONS

• Bachelor’s degree in financial mathematics, actuarial science, statistics, or related field

• 7+ years in insurance, reinsurance, or finance, with firsthand modeling experience

• Expertise in cash flow, stochastic and deterministic modeling, and loss development

• Familiarity with different capital frameworks and regulatory standards

• Exceptional quantitative, analytical, and organizational skills

• Proven ability to own projects and deliver results under tight deadlines

• Outstanding communication and collaboration skills—build relationships at every level

• Influential, team-oriented, and driven to make a difference

PREFERRED QUALIFICATIONS

• Advanced degree, CFA, or actuarial designation preferred

• Experience in credit modeling, with strong background in pricing frameworks and strategies

• Proficiency in data manipulation and analysis via SQL, Excel, Python, R, or SAS or similar

COMPANY
Enact Re is a Bermuda licensed Class 3A insurer with over $700 million in assets. Enact Re, rated A- (Excellent) by both AM Best and S&P, is focused on assuming risk in the areas of US and international mortgage credit, housing, and other targeted credit areas.

Enact Re is a subsidiary of Enact (Nasdaq: ACT), which operates principally through its wholly owned subsidiary Enact Mortgage Insurance Corporation, a leading U.S. private mortgage insurance provider committed to helping more people achieve the dream of homeownership. Enact is headquartered in Raleigh, North Carolina.

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:

• 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