Full-Time

Insurance Compliance Specialist

Posted on 8/19/2024

Hippo Insurance

Hippo Insurance

501-1,000 employees

Homeowners insurance with smart technology integration

Financial Services
Consumer Goods

Junior, Mid

Austin, TX, USA + 2 more

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

Category
Risk & Compliance
Legal & Compliance
Required Skills
Data Analysis
Requirements
  • At least two years of personal lines insurance experience in a related position (underwriting, product, pricing, finance, etc..)
  • Ability to partner with stakeholders in execution of statewide and nationwide insurance product changes
  • Self-Starter mentality when it comes to proactively running with assigned work
  • Strong analytical skills supporting data driven decisions
  • Bachelor’s Degree, preferably in a business or analytical discipline
  • Prior experience with a Top 20 Personal Lines Homeowners writer
  • Prior insurance experience in the Home line of business
Responsibilities
  • Help execute plans and tactics developed to achieve compliance, growth and profit
  • Collaborate with Actuarial and State Filings with supporting rate, rule, and form filings
  • Update filing and internal documents as directed for compliance related needs brought about thru internal and external channels
  • Participate in countrywide (or multi-state) projects from start to finish as directed

Hippo provides homeowners insurance that combines traditional coverage with smart home technology and proactive home care services. Their insurance policies include features such as smart home devices that help detect and prevent potential issues before they occur. This approach not only protects properties but also offers homeowners peace of mind. Unlike many competitors, Hippo focuses on integrating technology into their insurance offerings, making it easier for homeowners to manage risks. The goal of Hippo is to keep homeowners informed and prepared, ensuring they have comprehensive protection for their homes.

Company Stage

IPO

Total Funding

$1.2B

Headquarters

Palo Alto, California

Founded

2015

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-8%

2 year growth

-11%
Simplify Jobs

Simplify's Take

What believers are saying

  • Hippo's partnership with Snapsheet enhances claims processing efficiency.
  • The Hippo New Homes Program strengthens its foundation for future growth.
  • Proprietary technology reduces customer acquisition costs and increases lifetime value.

What critics are saying

  • Increased competition from InsurTech startups could erode Hippo's market share.
  • Rising costs of smart home technology may impact profitability.
  • Potential regulatory scrutiny over data privacy could pose compliance challenges.

What makes Hippo Insurance unique

  • Hippo integrates smart home technology with insurance for proactive home protection.
  • The company offers modern coverage with features like smart home devices.
  • Hippo's business model focuses on preventing issues before they arise.

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