Catastrophe Risk Portfolio Manager

Catastrophe Risk Portfolio Manager

Austin, TX / Bedminster, NJ

Title: Catastrophe Risk Portfolio Manager

Location: Austin, TX / Bedminster, NJ

Reporting to: Director, Risk Analytics

About Hippo:

Hippo Holdings consists of national property and casualty insurance companies—including Spinnaker Insurance Company and its subsidiaries, rated A- (VIII) by A.M. Best—along with an insurance agency and a managing general agent. Enabled by technology, Hippo brings products to market through a diversified range of offerings sourced from both owned and third-party programs, available on an admitted and surplus lines basis. We partner with innovative market leaders across personal, commercial, and specialty lines, as well as traditional and non-standard opportunities.

About You:

We are looking for a Catastrophe Risk Portfolio Manager, who will primarily be responsible for the portfolio risk management of our Spinnaker Insurance carrier. This position will work closely with Program Management, Actuarial, Finance, Reinsurance, Enterprise Risk, and our external Reinsurance Broker partners, to develop catastrophe risk analyses and related insights.

What You'll Do:

• Independently completing and reviewing all aspects of periodic portfolio catastrophe modeling:
• Exposure data preparation and reconciliation
• Performing accumulation, deterministic, and probabilistic modeling of the exposures
• Peer reviewing, interpreting, and presenting modeling results
• Performing standalone and marginal impact analyses to assist with new program opportunities
• Supporting active catastrophe event response activities
• Automating processes and workflows where appropriate to deliver efficiency gains
• Assisting in the development of Hippo Enterprise internal and external catastrophe modeling views of risk
• Assisting in the development, communication, and implementation of risk tolerances and limits across Spinnaker business
• Serve as the internal subject matter expert on catastrophe risk, responding directly to questions from Spinnaker stakeholders
• Participating in and assisting reinsurance submissions
• Providing ad hoc catastrophe modeling supporting business decisions within the Program Management, Actuarial, Finance, Reinsurance, and Enterprise Risk departments
• Supporting the Director of Risk Analytics in ad hoc Hippo enterprise supporting tasks
• Attending catastrophe modeling conferences to understand recent events and upcoming model changes and communicating model changes and updates to stakeholders

Must Haves:

• Bachelor's Degree in Mathematics, Actuarial, Finance or degree in quantitative field
• 2-5 years of catastrophe modeling experience
• Strong analytical skills supporting data driven decisions
• Strong MS Office Suite skills, particularly with Excel, and the ability to write Microsoft SQL fluently
• Strong communication and relationship-building skills
• Organizational skills and the ability to work both independently and in teams

Nice to Haves:

• Property insurance experience
• Understanding of reinsurance structures and concepts
• Actuarial credentials or experience
• Earth science or meteorological credentials or experience
• Enterprise Risk Management software experience such as TigerEye, MetaRisk or ReMetrica etc.

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 plan options, 100% covered dental and vision for you and your family, and a wellness program that rewards healthy habits. 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 Habitat - Snacks and drinks available for onsite employees

The Bedminster, NJ base pay range for this role is $100,000 - $150,000. Exact compensation may vary based on several job-related factors that are unique to each candidate, including but not limited to: skill set, experience, education/training, location, business needs and market demands.

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.