Reinsurance Operations Lead, ReAcct & Contract Setup

Hippo; Austin, Northern (TX, KY); Hybrid; USD 115,000 - 175,000; Full time

Benefits offered by this job

Equity

Training & career growth

Flexible time off

Parental leave (12 weeks)

Onsite snacks

Job summary

Hippo, based in Morristown, NJ, is seeking a Reinsurance Operations Manager to lead day-to-day reinsurance operations and to serve as the primary liaison for our ReAcct ceded reinsurance system. You will collaborate with the Reinsurance Operations Sr.

Manager, Reinsurance Procurement, Accounting, Data, and IT to ensure new and renewal contracts are set up correctly, manage cession billing, and monitor outstanding receivables and payables.

Qualifications

• 5+ years in finance, accounting, or operations roles (public or private).
• Experience reviewing and approving the work of others.

Responsibilities

• Learn current insurance and reinsurance processes for data maintenance.
• Review ceded reinsurance terms for new/renewal programs and coordinate with procurement.
• Define data requirements with Data and IT to ensure correct contract setup.
• Lead new and renewal program set-up (Quota Share and Excess of Loss) with IT/data.
• Oversee reconciliations between ceded subledger and source systems; resolve variances.
• Manage cash application, approve settlements, and oversee monthly reporting to Treasury.
• Oversee ReAcct ceded subledger, monitor capacity, and coordinate with IT for financial close and SOX.

Skills

Finance experience

Accounting experience

Operations experience

People management

Education

Bachelor's degree in accounting, finance, or related field

Tools

ReAcct system

Policy administration system

Job description

Hippo, based in Morristown, NJ, is seeking a Reinsurance Operations Manager to lead day-to-day reinsurance operations and to serve as the primary liaison for our ReAcct ceded reinsurance system. You will collaborate with the Reinsurance Operations Sr.

Manager, Reinsurance Procurement, Accounting, Data, and IT to ensure new and renewal contracts are set up correctly, manage cession billing, and monitor outstanding receivables and payables.