What are the responsibilities and job description for the Reserving Actuarial Analyst position at Hippo Insurance?
Title: Reserving Actuarial Analyst
Location: Austin, TX / Dallas, TX / Bedminster, NJ (Hybrid)
Reporting to: VP, Reserving
About Hippo:
Our mission is to deliver intuitive and proactive protection for homeowners, combining the power of technology with a human touch.
Hippo built the world’s first home protection platform. We believe that insurance should protect your home and the things you treasure with policies designed for modern lives and proactive protection that helps you care for your home. Our aim is to help you avoid issues before they become costly problems because the best claims experience is the one you don’t have. Simply put, Hippo exists to protect the joy of homeownership.
About the Role:
We are seeking a detail-oriented and analytical Actuarial Analyst to join our reserving team for homeowners insurance. In this role, you will support the development and maintenance of loss reserve models, ensuring the company’s financial stability and compliance with regulatory standards. You will work closely with senior actuaries, finance, and claims teams to analyze trends, evaluate reserve adequacy, and improve actuarial methodologies.
About You:
You are creative, collaborative, self-motivated, and eager to build solutions in a fast-paced environment. You learn and adapt quickly and are eager to pick up new opportunities, new technology, and build new things. You excel in navigating uncertainty and change, making informed decisions even when data is imperfect. You thrive with the autonomy to identify, prioritize, and execute while balancing the long-term vision vs. short-term goals of the company and team. You possess a fanatical attention to detail. Your ability to communicate complex technical concepts to non-technical stakeholders is a key strength.
What You'll Do:
Hippo treats its team members with the same level of dedication and care as we do our customers, which is why we’re fortunate to provide all of our Hippos with:
Hippo’s applicants are considered solely based on their qualifications, without regard to an applicant’s disability or need for accommodation. Any Hippo applicant who requires reasonable accommodations during the application process should contact the Hippo’s People Team to make the need for an accommodation known.
Hippo CCPA
Location: Austin, TX / Dallas, TX / Bedminster, NJ (Hybrid)
Reporting to: VP, Reserving
About Hippo:
Our mission is to deliver intuitive and proactive protection for homeowners, combining the power of technology with a human touch.
Hippo built the world’s first home protection platform. We believe that insurance should protect your home and the things you treasure with policies designed for modern lives and proactive protection that helps you care for your home. Our aim is to help you avoid issues before they become costly problems because the best claims experience is the one you don’t have. Simply put, Hippo exists to protect the joy of homeownership.
About the Role:
We are seeking a detail-oriented and analytical Actuarial Analyst to join our reserving team for homeowners insurance. In this role, you will support the development and maintenance of loss reserve models, ensuring the company’s financial stability and compliance with regulatory standards. You will work closely with senior actuaries, finance, and claims teams to analyze trends, evaluate reserve adequacy, and improve actuarial methodologies.
About You:
You are creative, collaborative, self-motivated, and eager to build solutions in a fast-paced environment. You learn and adapt quickly and are eager to pick up new opportunities, new technology, and build new things. You excel in navigating uncertainty and change, making informed decisions even when data is imperfect. You thrive with the autonomy to identify, prioritize, and execute while balancing the long-term vision vs. short-term goals of the company and team. You possess a fanatical attention to detail. Your ability to communicate complex technical concepts to non-technical stakeholders is a key strength.
What You'll Do:
- Collaborate to drive forward the analysis of ultimate losses and loss adjustment expenses across all our products and geographies
- Design ad hoc analyses to address company specific requests that deliver insights on loss and premium performance, emerging issues, competitive analysis, and industry results
- Coordinate, maintain and communicate metrics from the loss reserving process to support related disciplines such as pricing, claims, and underwriting
- Support the annual, quarterly and monthly financial reporting processes across GAAP and STAT entities
- Perform forensic data analysis to identify any issues with claims data quality
- Contribute to reconciling data, setting up data routines, structuring custom reserve reviews, and ensuring the organization has effective tools to evaluate reserves. Assist in documentation and control of these processes.
- Identify opportunities for process and efficiency improvement in department functions with follow-through to implement data driven and automated solutions
- Support the review of new and existing insurance programs
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field
- Minimum 2-4 years in actuarial role including time in property casualty loss reserving
- Solid foundation in basic reserving methodologies
- Actuarial credentials: Minimum passed Exam 5 or ACAS required
- Strong research, statistical, analytical, and mathematical skills with ability to conduct analysis on limited and/or unstructured data.
- Demonstrated experience presenting to senior leadership and communicating with a large audience across different disciplines
- Professional proficiency in SQL, Excel, and Python are required
- Demonstrated project management and ability to deliver under tight timelines
- Personal lines and/or catastrophe experience is a plus
- 1-3 years’ experience in accounting concepts and terminology for US GAAP and NAIC statutory financial reporting
- Experience with Arius (Akur8) reserving software
Hippo treats its team members with the same level of dedication and care as we do our customers, which is why we’re fortunate to provide all of our Hippos with:
- Healthy Hippos Benefits - Multiple medical plans to choose from and 100% employer covered dental & vision plans for our team members and their families. We also offer a 401(k)-retirement plan, short & long-term disability, employer-paid life insurance, Flexible Spending Accounts (FSA) for health and dependent care, and an Employee Assistance Program (EAP)
- Equity - This position is eligible for equity compensation
- Training and Career Growth - Training and internal career growth opportunities
- Flexible Time Off - You know when and how you should recharge
- Little Hippos Program - We offer 12 weeks of parental leave for primary and secondary caregivers
- Hippo Habitat - Snacks and drinks available for onsite employees
Hippo’s applicants are considered solely based on their qualifications, without regard to an applicant’s disability or need for accommodation. Any Hippo applicant who requires reasonable accommodations during the application process should contact the Hippo’s People Team to make the need for an accommodation known.
Hippo CCPA
