SlipstreamJobs tracks this role from the company's public career site. Apply directly on the employer's site.
Salary: USD 115,000 - 155,000 / annual
Hippo Insurance is seeking a technically strong, detail-oriented Program Reserving Actuary to support reserving work across a portfolio of third-party P&C programs, with a strong focus on casualty. This role reports to the Actuarial Manager, Reserving and is based in one of four hub locations (San Jose, Austin, Dallas, or Morristown, NJ) on a hybrid basis. Relocation assistance is available for qualified candidates.
In this role, you will perform quarterly reserve reviews across program tiers, including deep dives on casualty special programs. You will independently evaluate reserve adequacy, roll forward actuarial assumptions (LDFs, ELRs, benchmarks, method weights), and prepare well-documented recommendations for actuarial management review. You'll investigate reserve movements, claims trends, and data anomalies, communicating findings clearly to actuarial leadership.
You will work with detailed claims, premium, exposure, financial, and reinsurance datasets to support reserving analyses, partnering with data and engineering teams to improve data quality and accessibility. Key responsibilities include data reconciliation and forensic analysis to identify claims data quality issues, standardizing definitions across partner programs, and supporting the development of large loss thresholds and strategy.
Additional duties encompass monthly close activities (lag and paid estimates, loss flux, ultimate and IBNR allocation, AY/TY loss ratio review), review of new and existing insurance programs, and contribution of analysis and exhibits for reserve committee and senior management materials. You will maintain Schedule P, ULAE/AO, and reinsurance treaty workbooks, support financial reporting processes across GAAP and STAT entities, and assist with SOX control documentation and audit walkthroughs. You'll support reserve risk calculations and identify governance and automation improvements to keep reserving reviews and workflows consistent and well controlled. There is opportunity to innovate reserving models through building, refitting, or calibration.
Hippo was founded on the promise to make homeownership effortless through technology and data. The company now operates as a diversified carrier platform, partnering with MGAs to deliver tailored program solutions. The team values ownership, curiosity, collaboration, and continuous improvement.
REQUIREMENTS:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or related field
- ACAS credential with robust casualty reserving experience; progress toward FCAS preferred
- 4+ years of actuarial experience with broad reserving exposure across multiple lines and sound judgment on limited or unstructured data
- Proficiency in SQL and Python to independently source, validate, reconcile, and analyze large datasets; strong Excel skills
- Experience with cloud data warehouses and curated analytical datasets (BigQuery and GitHub preferred); familiarity with layered architectures (e.g., bronze/silver/gold) is a plus
- Ability to trace results from underlying claim and financial transactions through reserve exhibits and final reporting
- Good understanding of accounting standards (e.g., US GAAP, US STAT)
- Ability to explain actuarial concepts clearly to actuarial and non-actuarial audiences, including senior leadership
- Project management skills and ability to deliver under tight timelines; collaborative, with commitment to continuous learning
NICE TO HAVES:
- Prior program, fronting, or reinsurance experience
- Experience with SQL-based data transformation tools (e.g., dbt)
- Experience with SOX controls or audit support for reserving processes
- Experience using AI tools to speed up actuarial and data work
