Title: Reinsurance Specialist

Location:Austin, TX | Dallas, TX | Morristown, NJ | San Jose, CA (Hybrid/Flexible)

Reporting to:Manager, Reinsurance

About Hippo:

Hippo was built on a promise: make homeownership effortless. Nearly a decade later, that mission still drives us. We use technology and data to help our customers stay ahead of problems and protect what matters most.

Today, that same tech-native approach powers our work beyond homeowners. Hippo operates as a diversified carrier platform, partnering with MGAs to deliver tailored program solutions that help them grow and deliver better customer experiences. Behind that work is a team that values ownership, curiosity, collaboration, and continuous improvement.

If you're energized by building what's next, we'd love to meet you.

About This Role:

The Reinsurance Specialist is pivotal to the company’s risk strategy, analyzing reinsurance contracts and pinpointing critical trends across the Hippo and Spinnaker reinsurance program. Reporting to the Manager, Reinsurance, this role brings a strong background in statistical analysis to shape key decisions and translate complex data into strategic actions.

In collaboration with Finance, Underwriting, Corporate Risk, CAT modeling/analytics, and Claims, the Analyst ensures reinsurance practices align with corporate goals and supports the Manager, Reinsurance in the placement process to help secure optimal coverage terms for the company.

What You'll Do:

• Collaborate with the Reinsurance Manager and Program Managers to support and facilitate the placement of reinsurance for Hippo corporate and Spinnaker program business
• Serve as a reinsurance subject matter expert, acting as a liaison across the organization, collaborating with finance, underwriting, corporate risk, CAT modeling/analytics, claims, etc.
• Assist with the drafting, review, and execution of ceded reinsurance contracts, flagging discrepancies between negotiated terms and contract language ahead of Manager’s sign off.
• Monitor portfolio-level exposures, respond to events, and coordinate modeling both gross and net exposures for various programs
• Develop and present complex ad-hoc reinsurance reports for executive management review
• Design and deliver market presentations for corporate reinsurance in partnership with reinsurance brokers, demonstrating quantitative analysis and critical thinking skills
• Coordinate with Accounting, Reinsurance Operations, and Program Managers for document review, term implementation, and process coordination
• Drive the successful fulfillment of mandatory state data submissions
• Monitor and evaluate the financial strength and participation of Hippo and Spinnaker’s reinsurers

What You Bring:

• Bachelor's degree required, preferably in Business Administration, Finance, Risk Management, Accounting, Actuarial Science, or Economics
• 3-6 years of industry experience/expertise (reinsurer, insurance carrier, or consulting firm)
• Must possess a foundational understanding of reinsurance, P&C insurance, operations, and systems
• Advanced Excel and PowerPoint skills
• Strong interpersonal skills
• Excellent communication skills
• Exceptional analytical, technical, and problem-solving
• Proven experience leading projects and demonstrating follow-through and execution

Nice to Have:

• Reinsurance underwriting experience, including assumed treaty or facultative business
• Program or MGA underwriting experience, including evaluation of delegated underwriting authority
• Experience working with underwriting data and analytical tools

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 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 and catered lunches for onsite employees

The Morristown, NJ and San Jose, CA base pay range for this role is $103,500-$140,000. 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.