Senior Associate / Associate Reserving Actuary

Title: Senior Associate / Associate Reserving Actuary

Location: US, Remote

Reporting to: Manager, 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’ll also help you find coverage for everything life brings—from auto to flood—reimagining how you care for your home. 

About the Role: 

We are seeking a motivated and analytical Actuarial Associate (level flexible) to join Hippo’s reserving team for homeowners insurance. Depending on your experience, exam progress, and career goals, this position may be filled as an Associate or Senior Associate. In this role, you’ll support Hippo’s loss reserving processes, working with senior actuaries, finance, and claims teams to evaluate reserve adequacy, improve actuarial methodologies, and drive innovation. You’ll have the opportunity to own meaningful projects early on, contribute to strategic decisions, and grow your actuarial career in a dynamic, modern tech enabled insurance company environment. 

About You: 

You’re curious, collaborative, and growth-minded, with a drive to build and improve. You thrive in a fast-moving environment and can navigate ambiguity with confidence. You are technically minded and can communicate complex concepts in clear, accessible ways to both actuarial and non-technical teams. You’re excited by the opportunity to make an immediate impact while growing into larger responsibilities.

Why Hippo?

At Hippo, we combine the stability of a carrier with the energy of a tech enabled insurance company.  

We offer:

• Flexibility – Our fully remote actuarial team is dynamic and highly collaborative. You’ll get exposure to areas outside of traditional reserving wherever your skills can make Hippo better
• Career Growth – As Hippo continues to grow, so do the opportunities for our actuarial team to make an impact across multiple lines of business. Actuarial plays a strategic role in shaping our insurance direction and decisions. We support career development through structured performance reviews, where promotions are regularly evaluated
• Exam Program – Our competitive actuarial exam program will support you with study time, materials, and compensation as you advance to FCAS
• Impactful work – You’ll shape reserving models and processes that influence major financial and strategic decisions, and you’ll present your work to senior leaders
• Innovation mindset – You’ll work with a modern actuarial toolkit while learning from experienced actuarial leaders

What You'll Do:

• Analyze ultimate losses and loss adjustment expenses across all products and geographies
• Prepare and present ad hoc analyses, delivering insights on performance, emerging issues, and industry trends
• Maintain and communicate metrics from the loss reserving process to support pricing, claims, and underwriting teams
• Support GAAP and STAT financial reporting processes  
• Perform forensic data analysis to identify annual, quarterly and monthly data quality issues and build stronger data routines
• Own reconciliations, reserve reviews, and documentation to ensure rigorous controls and clarity in reserving processes
• Identify and implement opportunities for automation and process improvements
• Help design exposure-based methods and weather models for event-specific CAT projections
• Contribute to the innovation of reserving models (building, refitting, calibration)
• Support review of new and existing insurance programs 

Must Haves:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related field
• 3-5 + years in an actuarial role, ideally with property & casualty loss reserving experience
• Pursuing CAS designation with demonstrated exam progress toward FCAS (note: job leveling will consider exam progress)
• Strong grounding in reserving methodologies
• Skilled in SQL and Excel. Experience with and/or ability to learn new programming languages (i.e. Python, R and VBA)
• Strong presentation skills and communication skills
• Proven ability to manage multiple projects and meet deadlines 

Nice To Haves: 

• ACAS or FCAS 
• Experience with catastrophe reserving 
• Familiarity with US GAAP and NAIC statutory 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.