Austin, TX / Dallas, TX / Bedminster, NJ
Location: Austin, TX / Dallas, TX / Bedminster, NJ
Reports To: Manager, Pricing Actuary
Work Environment: Hybrid (2-3 Days/week in the office)
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:
Play a central role in scaling our actuarial toolkit, supporting pricing and product analytics for a fast-changing book with opportunities to apply actuarial fundamentals in innovative ways. Our small but effective pricing team has visibility throughout the organization, and you will have direct exposure to senior leaders and executives.
About You:
You are creative, collaborative, and self-motivated, with a passion for innovation. You thrive in a fast-paced startup environment, leveraging abundant growth opportunities and accessible self-service data to develop innovative pricing solutions. Your technical approach and comfort with Python and other coding languages will enable you to contribute to and enhance our actuarial data pipelines and toolkit. You excel in navigating uncertainty and change, making informed decisions even when data is imperfect. Your ability to communicate complex technical concepts to non-technical stakeholders is a key strength.
What You’ll Do:
- Lead the strategy, analysis, and execution of state-level rate changes and new program launches from end-to-end.
- Collaborate with Underwriting & Product Management to influence business strategy around profit and growth levers.
- Provide support for loss cost model selection, scoring, calibration, and reporting.
- Build raters and proposals in Python to ensure technical rate and model delivery.
- Develop new tools for the pricing team, contributing to the continuous improvement of our product development lifecycle.
- Own components of the loss ratio forecast model, integral to our insurance financial planning, with guidance from senior leaders.
- Integrate capital modeling and reinsurance cost allocations into pricing decisions through improved marginal risk tools.
- Cultivate proactive relationships with underwriting, legal, finance, risk and reinsurance, agency, home care, tech product, and leadership to translate analytics into visible and actionable work.
- Engage in or lead data science projects and advanced analytics initiatives across the organization.
Must Haves:
- Roughly 3-7 years of actuarial pricing experience in Homeowners or related P&C insurance lines.
- Actuarial credentials: FCAS or near-FCAS.
- Strong knowledge of actuarial and insurance concepts such as loss cost trends, rate indications, loss cost modeling, reserving, and other key metrics.
- Professional coding experience using SQL and Python (or other language) for data manipulation and analysis, with opportunities to further develop these skills on the job.
- Experience using output of predictive models.
- Strong business acumen, linking analysis to business impact.
- Excellent communication and project management skills.
Nice to Haves:
- Homeowners-specific pricing experience with predictive modeling and catastrophe modeling.
- Experience designing new program launches and rating plans.
- Comfort reading and writing Python packages and working with user-defined class structures.
- Experience with git or version control tools.
- Awareness of industry trends in Homeowners insurance and pricing ethics.
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 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.
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