Title: Compliance Manager, Spinnaker
Location: Dallas, TX / Austin, TX / Bedminster, NJ
Reporting to: Director, Corporate and Regulatory Compliance
About Spinnaker:
Spinnaker is a national property and casualty insurance company rated A- VIII by A.M., that is a wholly owned and independently operated subsidiary of Hippo Insurance. With the capability to offer admitted and surplus lines insurance products in 50 states and jurisdictions, Spinnaker partners with program administrators and managing general agents to offer strategic insurance solutions. We target innovative product market leaders across both personal and commercial lines, specialty lines, and traditional and non-standard fronting opportunities.
About You:
You are highly organized with a superior attention to detail. You are an insurance professional with experience managing various regulatory initiatives spanning Data Calls, Annual Statements, Insurance Company Licensing, and Product Filings. You have experience communicating and developing relationships with Regulators and business partners.
What You’ll Do:
- Managing filings calendar for P&C and E&S insurance companies doing business in all 50 states and multiple lines of business, including annually updating calendar to reflect all state filing requirements
- Preparing and submitting recurring monthly/quarterly/annual data calls, surveys, and ad hoc DOI requests including, not limited to:
- Statistical Data Filings
- Fair Plans
- Market Conduct Annual Statement and other Surveys
- Emergency Assessments
- Mine subsidence reports
- Surcharge Reports
- Fee and Assessment reporting
- Coordinating Annual Statement State Checklists including compiling all state checklists, preparing non-financial reports and forms, and working with Annual Statement Coordinator as may be necessary for timely filing of Annual Statements
- Supporting Company Licensing and related projects including maintaining Company Lines of Business charts, seeking State and Lines of Business expansions, and coordinating with Underwriting to ensure appropriate lines are obtained for business initiatives
- Coordinating the issuance of Letters of Authority providing authority to Program Partners to make Rate, Rule and Form filings on behalf of the Company, ensuring accuracy of authorized states and Lines of Business
- Supporting Due Diligence and On-Boarding/Off-Boarding program partners as related to various regulatory matters
- Serving as subject matter expert on state-specific bureaus and other regulatory matters, create solutions to complex regulatory issues, escalating issues as appropriate
- Strategically communicating with Regulators and stakeholders in response to inquiries, objections, and day-to-day matters
- Maintaining robust and transparent filing documentation such that it is easily accessible by stakeholders
- Collaborating across functional areas, including Finance, Underwriting, IT, and Legal, as well as with program partners to ensure the accuracy and integrity of all filings and day-to day matters
- Assisting in other regulatory and compliance matters including special projects as may be assigned from time to time
Must Haves:
- 7+ years’ experience as a compliance professional in the insurance industry
- Bachelor’s degree
- Demonstrated professionalism, detail-oriented, strong communication and organization skills
- Working knowledge of insurance laws and regulations relevant to insurance company operations
- An analytical mind able to see the complexity of regulations and procedures with the ability to solve problems as they arise
- Ability to work independently and as part of a team
- Ability to work under pressure in a fast-paced environment while maintaining multiple projects and responsibilities
- Proficient with Microsoft Office products including Word and Excel
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