Title: Reserving Actuary
Location: Dallas, TX / Austin, TX / Bedminster, NJ / San Francisco Bay Area, CA
Reporting to: VP, Reserving
About Hippo:
Hippo exists to protect the joy of homeownership. We believe that insurance should protect the things you treasure through an intuitive, modern experience. We provide tailored insurance coverage and preventative maintenance plans that keep you protected throughout your homeowner journey. We’ll also help you find coverage for everything life brings—from auto to flood—reimagining how you care for your home.
About The Role:
We are seeking a detail-oriented and analytical actuary to join our reserving team for program business. 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.
What You’ll Do:
- Collaborate to drive forward the analysis of ultimate losses and loss adjustment expenses across program partners
- Coordinate, maintain, and communicate metrics from the loss reserving process to support related disciplines such as Pricing, Underwriting, Reinsurance, and Finance
- Support the annual, quarterly, and monthly financial reporting processes across GAAP and STAT entities
- Collaborate proactively and independently across functions to drive communication and education around loss ratio performance, emerging issues, and industry results
- Perform forensic data analysis to identify any issues with claims data quality
- Ownership of reconciling data, setting up data routines, structuring custom reserve reviews, and ensuring the organization has effective tools to evaluate reserves. Drive clear documentation and maintain strong controls for all related processes
- Proactively identify opportunities for process and efficiency improvement in department functions with follow-through to implement data driven and automated solutions
- Opportunity to innovate reserving models: model building, refitting, or calibration
- Support the review of new and existing insurance programs
Must Haves:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field
- 5+ years in actuarial role including time in property casualty loss reserving
- Solid foundation in basic reserving methodologies
- Actuarial credentials: ACAS required
- Strong research, statistical, analytical, and mathematical skills with the 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 is required
- Demonstrated project management and ability to deliver under tight timelines
- A good understanding of different accounting standards (e.g., US GAAP, US STAT)
Nice to Have:
- Prior program experience
- Experience across many lines of business including Casualty
Benefits and Perks
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 plan options, 100% covered dental and vision for you and your family, and a wellness program that rewards healthy habits. 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
The Bedminster, NJ and San Francisco Bay Area base pay range for this role is $125,000 - $175,000. Exact compensation may vary based on several job-related factors that are unique to each candidate, including but not limited to: skill set, experience, education/training, location, business needs and market demands.
Hippo is an equal opportunity employer, and we are committed to building a team culture that celebrates diversity and inclusion.
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
