Senior Associate, Actuarial

Hippo Insurance; United States; Remote; USD 100,000 - 165,000; Full time

Job summary

A leading insurance provider is seeking a Senior Associate in Actuarial to join their remote reserving team. The successful candidate will support the development of loss reserve models, ensuring financial stability and compliance. Key responsibilities include data analysis, reporting, and collaboration with multiple teams. Ideal candidates will hold a Bachelor's degree in Actuarial Science or similar, with 3-5 years of experience and proficiency in SQL, Excel, and Python. This position offers competitive compensation and a comprehensive benefits package.

Benefits

Equity compensation

Flexible Time Off

401(k) retirement plan

Parental leave

Comprehensive medical plans

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field.
• Minimum 3-5 years in an actuarial role including time in property casualty loss reserving.
• ACAS required with strong analytical skills.

Responsibilities

• Collaborate on analysis of ultimate losses and loss adjustment expenses.
• Design and present analytical reports for company requests.
• Perform forensic data analysis to identify issues with claims data quality.

Skills

Research

Statistical analysis

Project management

Communication

Data analysis

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics or related field

Tools

SQL

Excel

Python

Job description

Title : Senior Associate, Actuarial

Location : US, Remote

Reporting to : Reserving Actuary

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’llalso help you find coverage for everything life brings—from auto to flood—reimagining how you care for your home.

About the Role:

We areseekinga detail-oriented and analyticalSenior Associateto join our reserving team forhomeownersinsurance. 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 toidentify, prioritize, and execute while balancing the long-term vision vs. short-term goals of the company and team. Youpossessa 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, prepare, and present 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
• 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
• Lead the design and use of exposure-based methods and weather models to deliver timely, accurate event-specific CAT ultimate projections starting on day zero
• 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?
• Minimum 3-5 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?

Nice To Haves:

• 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?

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 for onsite employees

The base pay range for this role is$100,000 - $165,000. 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.

ACAS or FCAS

Reserving

Property and Casualty (Homeowners)