Job details

VP, Investment Strategy

TITLE
VP, Investment Strategy

LOCATION
Raleigh – Hybrid Schedule

YOUR ROLE
Enact is seeking a VP, Investment Strategy to create and lead our investment portfolio strategy. The role will report to Enact’s Chief Financial Officer and partner with Enact’s external investment managers including Genworth’s Investment Management team to recommend strategic and tactical investment opportunities focused on fixed income. The role will play an active role in the supervision of the asset/liability matching needs, risk/return objectives, regulatory requirements and governance documents. The VP, Investment Strategy will provide insight, collaboration and direction intended to optimize investment portfolio decisions aligned with business objectives and in compliance with established constraints.

YOUR RESPONSIBILITIES
To excel in this position, the ideal candidate will possess a sound understanding of investment strategies, policies, regulations and guidelines, demonstrate excellent communication skills (written and verbal) across various levels of the organization, and maintain a strong professional work ethic. Additionally, must have the ability to drive outcomes through collaboration with diverse teams and construct and manage optimized investment portfolios.

Establish effective investment strategies and well-organized investment processes
Communicate business needs, risk appetite and regulatory constraints to external asset managers to aid in the development of strategic and tactical asset allocation
Implement strong investment strategies, analyze market trends and identify new investment opportunities
Create investment recommendations based on thorough research and analysis
Construct successful investment portfolios informed by market conditions and economic trends
Create investment reports, benchmarks, peer comparisons and reviews to inform management and Enact Board on investment progress
Develop deep understanding of Enact business results inclusive of business cash flows and liaison with external investment managers to incorporate into investment strategies & decisions
Partner with FP&A in the development of Enact’s financial forecast related to invested assets and investment income and explain variances to plan
Remain up-to-date with any important valuation or policy changes
Develop and maintain investment management relationships
Manage Enact Investment Committees via agenda & content development. Provide informs and seek approvals as necessary.
Active participant in Enact Management Capital and Investment Committee
Interface with Treasury, Investment Operations and Investment Accounting functions

YOUR QUALIFICATIONS

Master’s degree in business, finance, investment or a related field preferred
A minimum of 10+ years related experience
Extensive knowledge of investment & risk management
Strong experience motivating a team of investment professionals
Strategic thinker and proficient decision-making
Excellent verbal, written, presentation skills with strong ability to communicate effectively in a professional manner
Strong understanding of insurance, accounting and regulatory issues the drive investment management decisions
Proven analytical and problem-solving skills

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 Tuesdays – Thursdays)
- 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

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 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.

By Genworth

We are compassionate, experienced allies for those navigating care now and in the future, with guidance, products and services that meet families where they are in the aging journey.

FUNDING

INDUSTRY

TEAM SIZE

LOCATION

Hybrid, based in Richmond, VA

DATE POSTED

June 23, 2023