Genworth Financial, Inc

Technical Accounting Senior Manager

Genworth Financial, Inc • $110K — $130K *
Raleigh, NC 27610In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's or Master's degree in Accounting
  • CPA Certification
  • 8+ years of progressive accounting experience, including technical accounting
  • Strong knowledge of U.S. GAAP and experience with complex transactions
  • Demonstrated ability to clearly document accounting conclusions and communicate with stakeholders
  • Ability to work independently in a fast-paced environment
  • Strong interpersonal skills for collaboration across departments
  • Excellent written and verbal communication skills
  • Strong analytical skills and proficiency in Excel.

Responsibilities

  • Lead technical accounting research and documentation for complex transactions.
  • Evaluate the accounting implications of credit-related reinsurance and insurance transactions.
  • Assist with statutory and U.S. GAAP financial reporting deliverables.
  • Maintain and enhance technical accounting policies and internal controls.
  • Monitor emerging accounting guidance affecting insurance and financial reporting.
  • Serve as a subject matter expert on system implementation for credit insurance and reinsurance.
  • Identify and drive process improvement opportunities.

Benefits

  • Hybrid work schedule (in-office days Tues/Wed/Thurs)
  • 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
  • Onsite Gym
Full Job Description
Technical Accounting Senior Manager in Raleigh, NC to join us in fulfilling our mission, while utilizing our values of excellence, improvement, and connection. In this role, you will report to the Director of Financial Reporting within the Controllership team and provide technical accounting leadership across U.S. GAAP, statutory accounting principles (SAP) and other applicable global accounting and regulatory regimes. This role will support complex accounting analyses, financial reporting conclusions, and related documentation, with a particular focus on the Company's credit-related insurance and reinsurance business. The role will evaluate new transactions, provide guidance to business leaders on potential accounting issues and how best to address them, strengthen reporting processes, support audit and regulatory deliverables, partner closely across functions, and assist with system implementation or enhancement initiatives impacting accounting and reporting.

LOCATION
Enact Headquarters, Raleigh, NC - Hybrid Schedule

YOUR RESPONSIBILITIES
  • Lead technical accounting research and documentation for complex transactions under U.S. GAAP, SAP and other international accounting principles, including preparation of accounting memos and position papers.
  • Evaluate the accounting and reporting implications of assumed credit-related reinsurance and insurance transactions, including profit commissions, ceding commissions, collateral provisions, foreign exchange matters and other transaction-specific terms.
  • Assist with statutory and U.S. GAAP financial reporting deliverables, including disclosures, supplemental schedules, regulatory filings, and responses to auditor or regulator inquiries.
  • Maintain and enhance technical accounting policies, process documentation, and internal controls related to complex transactions and financial reporting conclusions.
  • Monitor emerging accounting and regulatory guidance affecting insurance, reinsurance, and financial reporting matters, and assess the impact on company policies, disclosures, and processes.
  • Serve as a key accounting subject matter expert on system implementation or enhancement projects supporting the credit insurance and reinsurance business, including requirements gathering, testing, control design, data validation, and accounting/reporting readiness.
  • Identify and drive process improvement opportunities to increase efficiency and strengthen accounting and reporting controls.


YOUR QUALIFICATIONS
  • Bachelor's or Master's degree in Accounting.
  • CPA Certification.
  • 8+ years of progressive accounting experience, including technical accounting analysis.
  • Strong knowledge of U.S. GAAP and experience interpreting and applying accounting guidance to complex transactions.
  • Demonstrated ability to research technical accounting matters, document conclusions clearly, and communicate accounting positions to internal and external stakeholders.
  • Ability to work independently and exercise sound judgment in a fast paced, deadline driven environment.
  • Strong interpersonal skills, with the ability to collaborate effectively within the accounting team and across departments and levels of the organization.
  • Excellent written and verbal communication skills, including the ability to clearly document accounting matters and explain technical accounting concepts in a clear, practical manner.
  • Strong analytical and critical thinking skills.
  • Strong proficiency in Excel and other accounting and financial reporting tools.


PREFERRED QUALIFICATIONS
  • Financial services or insurance experience, including statutory accounting.
  • Public accounting experience.
  • Oracle or similar ERP experience.


COMPANY
Enact Holdings, Inc. (Nasdaq: ACT), operating primarily through its wholly owned subsidiaries, 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 prosperous Triangle community. We also support our colleagues' philanthropic efforts in their home communities across the U.S. Enact values all perspectives, characteristics and experiences, along with providing a positive and inclusive culture for employees to grow and succeed. We strive to create an environment where employees can bring their full, authentic selves to work to help each other and their customers.

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 (in-office days Tues/Wed/Thurs)
  • 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
  • Onsite Gym


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
Finance & Insurance
Net Income
$178 million
Founded
2004
5 Year Trend
-1.4%
Revenue
$8.6 billion
NASDAQ
GNW
* Ladders Estimates

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