Genworth Financial, Inc

Deputy General Counsel

Genworth Financial, Inc$150K — $180K *
Legal & Accounting
8 - 10 years of experience
Job Overview by Ladders

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.
  • Experienced in drafting, evaluating, and negotiating insurance agreements.
  • Experience with intercompany agreements and investments in subsidiaries.
  • Familiarity with insurance holding company acts and statutory insurance accounting principles.

Responsibilities

  • Provide legal advice on U.S. insurance regulatory matters affecting mortgage insurance operations.
  • Interact with insurance regulators on licensing, approvals, and regulatory oversight.
  • Draft, review, and negotiate reinsurance agreements and risk-transfer arrangements.
  • Negotiate and advise on master service agreements with lender partners.
  • Collaborate with internal teams to develop compliant solutions that meet business objectives.
  • Manage and coordinate outside counsel as needed.
  • Monitor regulatory developments and advise on emerging legal risks.

Benefits

  • Hybrid work schedule with remote options considered.
  • Regular travel to Raleigh, NC, as required.
  • Opportunity to take a leadership role in the Mortgage Insurers House Counsel Committee.
Full Job Description

We’re looking for a Deputy General Counselto 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 Enact6s U.S. insurance regulatory matters affecting Enact6s 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 risktransfer 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.

*This role is not eligible for employment visa sponsorship.

About Genworth Financial, Inc

Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 insurance holding company dedicated to helping people secure their financial lives, families, and futures. Genworth has leadership positions in offerings that assist consumers in protecting themselves, investing for the future, and planning for retirement. In addition, the company is a global leader in managing mortgage default risk. Genworth’s Global Mortgage Insurance Division works with lender partners, regulators, and policy leaders to help more people responsibly achieve and maintain the dream of homeownership. In doing so, it promotes stronger and more sustainable communities around the world. By combining its global experience in mortgage guarantees with technology and service leadership, Genworth delivers innovation to the housing marketplace.

Genworth Financial, Inc Careers

Join the dynamic team at Genworth Financial, Inc, a leader in financial security and insurance services. With a commitment to innovation, leadership, and professional excellence, Genworth offers unparalleled job opportunities that empower you to influence the future of finance.

Work You’ll Do

At Genworth Financial, Inc, you will be part of a culture that thrives on diversity, growth, and continuous learning. As a member of our team, you will help develop solutions that secure the financial lives of millions of people. Our company is at the forefront of combining financial expertise with innovative technology to deliver exceptional service and value to our customers.

Innovate and Lead

Embrace the opportunity to lead in the financial services industry with Genworth. Our leadership is always looking ahead to harness innovative strategies that enhance our competitive edge. You will work alongside top professionals to foster innovation that drives our company forward.

Career Growth and Development

Genworth Financial, Inc is deeply invested in the professional growth and development of its employees. Whether through leadership programs, diversity training, or professional networking opportunities, we ensure that our team members are equipped to rise to new challenges and expand their skills. Our robust internal training programs are designed to support your career aspirations.

Join Our Team

Explore the wide range of job opportunities at Genworth Financial, Inc—from entry-level positions to executive roles. We offer a variety of career paths in areas such as finance, risk management, customer service, and technology. Each position at Genworth is a stepping-stone to further success, whether you are just starting out or are a seasoned professional.

Internship Programs

Kickstart your career with a Genworth internship. Our internships provide invaluable workplace experience and a chance to see what it’s like to work in a global financial services company. Interns at Genworth gain hands-on experience, working on projects that matter, and learning from leaders in the industry.

Benefits and Perks

Genworth Financial, Inc values the well-being of its employees. We offer competitive benefits packages that promote health, well-being, and financial security. Our benefits are designed to support you at different stages of your life and career.

Hiring Process

Our hiring process is designed to identify and recruit the best talent. From the initial resume submission to the final interview, each step allows us to understand your skills and potential fit within our team. We value transparency and communication, ensuring that candidates have a clear understanding of our expectations and the opportunities we offer.

Stay Connected

Search open positions that match your skills and interests on our Careers page. We look for passionate, curious, creative, and solution-driven team players. Join Genworth Financial, Inc and be part of a company that values innovation, leadership, and a diverse and inclusive workplace.

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Embark on a journey of growth, opportunity, and excellence. At Genworth Financial, Inc, every career is a path to success.
Learn more about Genworth Financial, Inc
Size
2,500 employees
Market Cap
$2.5 billion
Industry
Net Income
$178 million
Founded
2004
5 Year Trend
-1.4%
Revenue
$8.6 billion
NASDAQ

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