Full-Time

Homeowner Line of Business Manager

Posted on 2/20/2025

Hippo Insurance

Hippo Insurance

501-1,000 employees

Homeowners insurance with smart technology integration

Financial Services
Consumer Goods

Expert

Austin, TX, USA + 2 more

More locations: Dallas, TX, USA | Bedminster, NJ, USA

Category
Insurance
Finance & Banking
Required Skills
Product Management
Marketing
Data Analysis

You match the following Hippo Insurance's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s Degree, preferably in a business or analytical discipline
  • At least 10 years of personal lines insurance experience with much of it encompassing the Homeowner Line of Business
  • Experience within home office business roles related to Marketing, Underwriting, Product Management or Development, etc…
  • Ability to partner with field and home office teams in development and execution of strategic business changes
  • Self-Starter mentality when it comes to proactively running with assigned work
  • Strong analytical and communication skills supporting data driven decisions
Responsibilities
  • Define the strategy and vision needed for success with regard to the Insurance Product that supports our Builder business model
  • Collaborate with Builder Sales Teams and internal MGA Teams in the development of all key tactics
  • Lead the development and execution of key plans and tactics developed to achieve the desired growth and profit of this business segment
  • Monitor and respond to key financial reports in order to ensure the success of the financial plan on a yearly basis
  • Partner with vendors as needed to incorporate necessary product and coverage features to successfully compete for desired business
  • Maintain a strong understanding of the industry and how Hippo can succeed in the ever-changing insurance landscape
Desired Qualifications
  • Prior experience with a Top 20 Personal Lines Homeowners writer
  • Prior Product Management experience in the Home line of business
  • Experience managing strategic homeowner companywide projects aimed to enhancing top or bottom line performance
  • Prior P&L ownership

Hippo Insurance provides homeowners with modern insurance coverage that incorporates smart home technology and proactive home care services. Their insurance policies are designed to not only protect homes but also to prevent potential issues by using advanced features like smart home devices. This proactive approach helps homeowners stay ahead of problems, ensuring better property protection and peace of mind. Unlike traditional insurance companies, Hippo focuses on integrating technology into their offerings, which sets them apart in the homeowners insurance market. The company's goal is to offer comprehensive insurance solutions that enhance the safety and security of homes.

Company Size

501-1,000

Company Stage

IPO

Total Funding

$1.2B

Headquarters

Palo Alto, California

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased smart home device adoption boosts demand for Hippo's integrated insurance policies.
  • Partnerships like Snapsheet enhance claims processing efficiency and customer satisfaction.
  • Proactive home maintenance trends align with Hippo's business model, driving growth.

What critics are saying

  • Competition from InsurTech startups may erode Hippo's market share.
  • Rising smart home technology costs could impact Hippo's profitability.
  • Regulatory scrutiny on data privacy may increase compliance costs for Hippo.

What makes Hippo Insurance unique

  • Hippo integrates smart home technology with insurance for proactive home protection.
  • The company offers personalized maintenance advice through the Hippo Home app.
  • Hippo's New Homes Program enhances access to insurance for new homeowners.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

Company Equity

401(k) Retirement Plan

401(k) Company Match

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%
PR Newswire
Jan 8th, 2025
Hippo'S Housepower Report Reveals Top Trends Shaping The Homeowner Experience In 2025

From Renewed Commitments to DIY Home Maintenance to Purchasing Flood Insurance, U.S. Homeowners Embrace Proactive Strategies to Protect Their InvestmentPALO ALTO, Calif., Jan. 8, 2025 /PRNewswire/ -- Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today released findings from its third annual Housepower Report. The national survey of over 2,000 U.S. homeowners revealed the creative steps homeowners are taking to protect their homes in 2025."In 2024, when faced with unexpected repairs, many homeowners shelled out high out-of-pocket costs to manage their homes," said Hippo President and CEO Rick McCathron. "We understand the importance of preventative care and are here to help homeowners confidently protect their homes, and in turn, their primary financial investment, from offering insurance coverage tailored to their needs to providing personalized maintenance advice in the Hippo Home app all year long."Findings from the 2024 Housepower Report Include:Unexpected Repair Costs Soared in 2024In 2024, nearly half (46%) of homeowners spent more than $5,000 on unexpected repairs - an increase from 36% in 2023

PR Newswire
Nov 8th, 2024
Hippo Reports Third Quarter 2024 Financial Results

PALO ALTO, Calif., Nov. 8, 2024 /PRNewswire/ -- Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced its consolidated financial results for the three months that ended September 30, 2024. "The positive momentum we've built over the past year continued in the third quarter as we took a significant step forward on our path to profitability," said Hippo President and CEO Rick McCathron. "We strengthened our foundation for future growth by continuing to develop our Hippo New Homes Program and delivered our best-ever year-over-year improvement to our HHIP non-weather loss ratio--positioning us for a successful fourth quarter and sustained growth in 2025 and beyond.". Hippo also announced that it sold a majority stake in First Connect Insurance Services to Centana Growth Partners, who will invest new capital into First Connect to fund its future growth

PR Newswire
Aug 8th, 2024
Hippo Reports Second Quarter 2024 Financial Results

PALO ALTO, Calif., Aug. 8, 2024 /PRNewswire/ -- Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced its consolidated financial results for the three months that ended June 30, 2024. Complete financial results and full year guidance for 2024 can be found in the company's shareholder letter in the Investor Relations section of Hippo's website at https://investors.hippo.com/. "Our plan to reduce the volatility in our homeowners program passed its first meaningful test, as we delivered a substantial year-over-year reduction in catastrophic losses despite another quarter of elevated severe weather," said Hippo President and CEO Rick McCathron. "We used proprietary technology to drive efficiencies into our operations, which resulted in higher customer lifetime value and lower customer acquisition costs, and we improved access to insurance for customers buying new homes. We are well-positioned for continued growth and on track to achieve our long-stated goal of positive Adjusted EBITDA in Q4."

Snapsheet
May 7th, 2024
Modern Insurance, Modern Solutions: Snapsheet and Hippo Partner to Deliver a Seamless and Efficient Claims Process for Homeowners

CHICAGO, IL [May 7th, 2024] - Snapsheet, a pioneer in cloud-based claims management software and virtual appraisals, announced today it is partnering with Hippo, the home insurance group focused on proactive home protection, to enhance the claims experience for homeowners.

PR Newswire
May 2nd, 2024
Hippo Reports First Quarter 2024 Financial Results

PALO ALTO, Calif., May 2, 2024 /PRNewswire/ -- Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced its consolidated financial results for the three months that ended March 31, 2024. Complete financial results and full year guidance for 2024 can be found in the company's shareholder letter in the Investor Relations section of Hippo's website at https://investors.hippo.com. "The critical work we began last year to reduce CAT exposure and streamline our operations, without sacrificing growth, continued in the first quarter," said Hippo President and CEO Rick McCathron. "Our growth accelerated in Q1, and we expect it to accelerate further later this year as we continue to reopen and expand business where we have a competitive advantage and confidence in expected profitability as we progress toward positive Adjusted EBITDA."