Full-Time

Claims Quality Control Auditor – Lead

Confirmed live in the last 24 hours

Hippo Insurance

Hippo Insurance

501-1,000 employees

Homeowners insurance with smart technology integration

Financial Services
Consumer Goods

Senior

Austin, TX, USA

Category
Auditing
Forensic Accounting
Accounting
Required Skills
Customer Service
Requirements
  • 5+ years of successful handling of claims including advanced skills in coverage analysis, investigation, litigation management, negotiation, damage evaluation, customer service, vendor management, fraud detection, salvage, and subrogation
  • Exceptional business judgment with the ability to create sound frameworks to drive decisions and organizational alignment
  • Knowledge of and adherence to, the state laws and regulations governing the handling of property and casualty claims throughout the United States
  • Excellent time management and organizational skills
  • Prior auditing experience in a senior role
  • Ability to quickly understand and utilize existing and future claims handling systems.
  • Knowledge of best practice claims workflow as well as compliance guidelines
  • Effective research and problem-solving skills, and the ability to multitask
  • Has excellent communication skills and attention to detail
Responsibilities
  • Create an ongoing audit process
  • Conduct end-to-end review for claims
  • Perform claims audits of best practices of nonaffiliated programs of the Company
  • Review adherence to Hippo’s Claims and Estimating Guidelines and legal compliance
  • Identify/verify Coding and math errors
  • Claims leakage
  • Fraud detection
  • Prepare necessary reports with detailed documentation and citations to substantiate findings and corrective action plans
  • Provide internal management and external programs with clear and actionable recommendations for process improvements and adjustments
  • Develop and implement quality and compliance standards
  • Facilitate compliance-related matters such as market conduct exams, and other requirements typical in a claims department
  • Train staff on regulatory and claim compliance, including remedial training in response to gap analysis

Hippo provides homeowners insurance that combines traditional coverage with smart home technology and proactive home care services. Their insurance policies not only protect homes but also include advanced features like smart home devices that help identify and prevent potential issues before they occur. This proactive approach sets Hippo apart from other insurance providers, as they focus on keeping homeowners informed and prepared. The company generates revenue through the sale of these insurance policies and additional home care services. Hippo's goal is to enhance property protection and provide peace of mind to homeowners by integrating technology into their insurance offerings.

Company Stage

N/A

Total Funding

$1.2B

Headquarters

Palo Alto, California

Founded

2015

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-9%

2 year growth

-12%
Simplify Jobs

Simplify's Take

What believers are saying

  • Hippo's growth in Q1 2024 and the expectation of further acceleration indicate strong business momentum.
  • The launch of the Appetite Finder feature and the milestone of 100 carriers and MGAs on First Connect highlight Hippo's innovative approach and market penetration.
  • Significant revenue growth, as evidenced by an 80% surge to $64 million, showcases Hippo's successful business strategies.

What critics are saying

  • Hippo's recent layoffs, including a 20% reduction in staff, could indicate underlying financial or operational challenges.
  • The $273 million loss at the end of 2023 raises concerns about the company's profitability and long-term sustainability.

What makes Hippo Insurance unique

  • Hippo's focus on proactive home protection sets it apart from traditional home insurance providers who typically offer reactive solutions.
  • The partnership with Snapsheet enhances Hippo's claims process, providing a seamless and efficient experience for homeowners.
  • First Connect's digital platform, which connects independent agents with top carriers, adds a unique value proposition to Hippo's offerings.

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