Risk Modeling Intern

At Enact Mortgage Insurance (Nasdaq : ACT), 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 Risk Modeling Intern in Raleigh, NC to join us in fulfilling our mission, while utilizing our values of excellence, improvement and connection.

In addition to the multiple weekly events attended by all interns, you’ll work alongside industry experts for a 12-week internship beginning May 19, 2025.

Your work with the risk modeling team will help answer business questions and improve the predictive modeling process using both traditional modeling techniques and machine learning.

THE PROGRAM

Enact’s Internship Program provides an excellent opportunity for students to gain hands-on experience in achieving business results while developing technical and professional skills.

The internship program is a critical component of Enact’s talent pipeline as we look to interns to provide cutting edge ideas and skills that will drive business success.

Enact invests time, energy, and resources to create a worthwhile experience for interns. Interns work on meaningful business projects, but beyond that, they will network directly with leaders throughout the company (all the way up to the CEO), attend teambuilding events with their internship cohort, connect with the community through volunteer opportunities (both on-site and off-site), and attend professional development workshops.

It’s a unique internship experience that helps interns develop a network of peers and mentors who act as a source of constant engagement and guidance during the internship.

LOCATION

Enact Headquarter Office, Raleigh, NC Hybrid Schedule

YOUR RESPONSIBILITIES

Design, create and implement advanced analytics and forecasting models to optimize business processes; provide insights for decision making using Machine Learning and traditional statistical modeling

Using large datasets, develop and perform exploratory data analysis and build models using structured and unstructured data to guide business decisions.

Communicate the models and methods in a logical and understandable manner for non-analytical business users and model governance teams

YOUR QUALIFICATIONS

Undergraduate junior or First year graduate student in a quantitative research field such as : Statistics, Econometrics, Computer Science, Demography / Actuarial Science, Mathematics, Data Science, Quantitative Social Sciences, Epidemiology, Engineering, etc.

Experience in applying machine learning algorithms to data

Previous coding experience in Python, R, SAS or a related language

Ability to communicate complex ideas to a variety of audiences

Desire to analyze and interpret data in the insurance, banking, or financial services industries

Preference for candidates pursuing degrees in Statistics, Mathematics, Operations Research, Computer Science, Economics, and Finance;

all majors are considered, given strong work experience

Minimum GPA of 3.2 on a 4.0 scale

PREFERRED QUALIFICATIONS

Proficient in Excel, Word, and PowerPoint

Exposure to insurance, banking, or financial services industries

COMPANY

Enact, operating principally through its wholly-owned subsidiary Genworth Mortgage Insurance Corp. since 1981, is a leading U.

S. private mortgage insurance provider committed to helping more people achieve the dream of homeownership. Building on a deep understanding of lenders’ businesses and a legacy of financial strength, we partner with lenders to bring best-in class service, leading underwriting expertise, and extensive risk and capital management to the mortgage process, helping to put more people in homes and keep them there.

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.

Enact is headquartered in Raleigh, North Carolina.

Through our values of Excellence, Improvement and Connection, the Enact team delivers on our mission to help more people realize the dream of homeownership.

The positive impact we can have on our world inspires us to go the extra mile. We look at

the bigger picture, always considering our customers’ processes and their borrowers’ experience. We work hard to anticipate all the effects our actions might have.

That can make our work challenging, and also satisfying. Are you the kind of person who’s always anticipating your customers’ needs?

Always one step ahead, ready to catch that unexpected curveball? If so, you could thrive with us.

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.

WHY WORK AT ENACT

We have a real impact on the lives of the people we serve

We work on challenging and rewarding projects

We give back to the communities where we live