Simplify Logo

Full-Time

Head of Reinsurance

Confirmed live in the last 24 hours

Porch Group

Porch Group

501-1,000 employees

Home services marketplace connecting homeowners with professionals

Financial Services
Consumer Goods

Compensation Overview

$157.5k - $220.5kAnnually

+ Annual Bonus + Long-term Incentive Awards

Senior, Expert

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
Communications
Requirements
  • Bachelor’s degree is preferably in business, accounting, or related field of study; an MBA is preferred.
  • Associate of Reinsurance (Are) preferred.
  • 15+ years of Insurance experience with a proven track record of successful reinsurance experience.
  • Requires significant knowledge of reinsurance guidelines and procedures.
  • Effective verbal and written communication skills with the ability to effectively interact with internal and external business partners, including the ability to present complex ideas clearly to senior executives and stakeholders.
  • Detail-oriented with strong analytical and organizational skills with the ability to prioritize and manage multiple activities and projects effectively.
  • Deep understanding of reinsurance, including trends, regulations and competitive landscape.
Responsibilities
  • Drive the development of treaty structure design, ensuring appropriate cost and effective coverage.
  • Own the negotiation of treaty coverage including reinsurance contracts and pricing.
  • Maintains exceptional broker and reinsurer relationships.
  • Oversee policies related to risk evaluation of exposures and pricing structures.
  • Prepares reinsurance proposals for approval from Porch leadership which could include the Board of Directors.
  • Responsible for reinsurance related policies including Collateral and Credit Verification and Collateral Release policies.
  • Monitors treaty loss activity and determines appropriate actions/notifications.
  • Directs reinsurance audits.
  • Provides technical guidance, assistance, and training.
  • Ability to detail complex reinsurance concepts to all levels of the organization including C suite.
  • Performs other duties as assigned.
  • Collaborates closely with Finance and Accounting.
  • Occasional travel to Dallas Ft Worth area.

Porch.com connects homeowners with a variety of home improvement and maintenance professionals through its online platform. Users can find and compare quotes for over 1,100 types of projects, including handyman services, plumbing, electrical work, and more. The platform allows homeowners to easily access top-rated local experts for both minor repairs and major renovations. Porch generates revenue by charging professionals for listings and leads, offering premium tools for business management, and partnering with brands and insurance providers. A key feature that sets Porch apart is the Porch Guarantee, which includes the Porch Property Protection program, ensuring customer satisfaction with the work performed. Additionally, Porch provides resources and guides to help homeowners plan their projects effectively.

Company Stage

IPO

Total Funding

$648.9M

Headquarters

Seattle, Washington

Founded

2013

Growth & Insights
Headcount

6 month growth

1%

1 year growth

2%

2 year growth

12%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $25 million strategic agreement with Aon signifies strong financial backing and potential for expanded service offerings.
  • Porch's inclusion in Moderne Ventures' 2024 Spring Passport Class highlights its innovative approach and potential for growth in the real estate and insurance sectors.
  • Enhancements to Porch's inspection product and the launch of the Porch app demonstrate the company's commitment to continuous improvement and customer-centric innovation.

What critics are saying

  • The competitive landscape of the home services market requires Porch to continuously innovate to maintain its market position.
  • Price increases for inspection products may deter some customers, potentially impacting user growth and satisfaction.

What makes Porch Group unique

  • Porch Group's satisfaction guarantee, including the Porch Property Protection program, sets it apart by ensuring client satisfaction and peace of mind.
  • The platform's extensive coverage of over 1,100 types of home services projects provides a one-stop solution for homeowners, unlike competitors with more limited offerings.
  • Porch's strategic partnerships with major brands and insurance providers enhance its value proposition by offering users quick and efficient service comparisons.