Hippo Insurance · 17 hours ago
Director, Program Business
Austin, TX / Dallas, TX / Bedminster, NJ
Full-time
Onsite
Mid, Senior Level
$150K/yr - $250K/yr
7+ years expHippo Holdings is a national property and casualty insurance company that seeks a committed and experienced individual for the role of Director, Program Business. The role involves program management and underwriting of a sub-portfolio of programs, with primary P&L responsibility and a focus on compliance and strategic objectives.
Financial ServicesFinTechInsurTech
Responsibilities
Represent your assigned programs as a member of the Spinnaker senior leadership team
Accountable for ensuring your programs are in compliance with our contractual terms and follow all regulatory compliance requirements
State filing review/signoff along with broader program-specific teams
Quality and accuracy of the deal-specific business terms
Responsibility for each program meeting strategic objectives as stated by the CEO and senior leadership team
Oversight of onboarding checklist(s) for new programs assigned to you
Oversight of renewal strategy in collaboration with Finance and Operations
Collaborate with Finance and Operation to ensure monthly reinsurer reporting are done correctly
Collaborate with Finance and Operation to ensure account reconciliation, including review and approval of account balances due MGAs/reinsurers
Collaborate with Finance and Operation to ensure claims and treaty reporting, including review and approval of program-specific claims and IBNR are done correctly
As needed, participate in the new business development process, in collaboration with the broader team
Review of potential new business opportunities
Collaborate with the Hippo Reinsurance team to ensure:
Specific reinsurance placements are done correctly and timely
Participate in industry conferences/events; marketing and reinsurer visits as needed
As owner of each program, and in addition to the broader duties outlined above, program specific responsibilities include:
Overall P&L responsibility for programs in your portfolio. Implement action steps to improve underwriting results of programs as necessary
Develop annual growth and profit plans for the program
Develop and/or amend underwriting guidelines specific to each program
Plan, manage, and evaluate work of program administrators/MGAs
When applicable, develop and manage CAT management objectives including PML management in conjunction with Hippo risk management department
Direct responsibility for portfolio management of assigned programs including but not limited to, management/allocation of limit accumulations, remediation or culling of unprofitable business, and oversight of remediation of MGAs with unsatisfactory audit results
Work with program brokers and MGAs to place reinsurance specific to the program and coordinate with Hippo risk management department. Responsible for ensuring signed reinsurance agreements are loaded to contract database (Lexion)
Collaborate with Spinnaker Claims department to monitoring claim activity on program and act where appropriate (e.g. underwriting guidelines, forms development, claims operations)
Key Program Audit responsibilities include:
Conduct underwriting audits and quality reviews to validate compliance with all underwriting guidelines and quality standards are met
Conduct termination and run-off processes for discontinued programs
Qualification
Required
Minimum of 7-10 years of risk management experience in personal and/or commercial insurance positions of increasing responsibility required
Bachelor's degree required
Proficient with setting and negotiating Reinsurance Programs
Contract Drafting experience
Experience with coverage analysis
Understanding of technical claims proficiency and execution of best claim practices
Understanding of insurance concepts such as contracts, policy forms, reinsurance, state regulation, and claims coverage
Strong business acumen and ability to collaborate with other departments and stakeholders
Demonstrated success in exercising independent decision-making, problem-solving, and negotiation competency
Strong organizational and analytical skills with ability to conduct analysis on unstructured data
Intermediate Excel skills are required
Customer-service and relationship oriented
Preferred
Professional designations desired (CPCU, ARM, AIC, SCLA, etc.)
Benefits
Healthy Hippos Benefits - Multiple medical plans to choose from and 100% employer covered dental & vision plans for our team members and their families.
401(k)-retirement plan
Short & long-term disability
Employer-paid life insurance
Flexible Spending Accounts (FSA) for health and dependent care
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
Company
Hippo Insurance
Hippo offers tailored home insurance and uses a hybrid fronting carrier to diversify risk across personal and commercial lines.
501-1000 employees
H1B Sponsorship
Hippo Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (7)
2024 (17)
2023 (21)
2022 (15)
2021 (19)
2020 (7)
Funding
Current Stage
Public CompanyTotal Funding
$1.26BKey Investors
Mitsui Sumitomo Insurance CompanyBondHorizons Ventures
2021-08-03Post Ipo Equity· $550M
2021-08-03IPO
2020-12-01Secondary Market
Leadership Team
Richard McCathron
President & CEO
Guy Zeltser
Chief Financial Officer
Recent News
Beinsure - Insurance, Reinsurance, InsurTech Insights
2025-11-11
Company data provided by crunchbase