Senior Accountant, Hippo Insurance
Spinnaker
$91-137k
Salary reflective of Morristown, NJ and San Francisco Bay Area. Plus equity.
Digital home-insurance provider
Be an early applicant
Digital home-insurance provider
501-1000 employees
Be an early applicant
$91-137k
Salary reflective of Morristown, NJ and San Francisco Bay Area. Plus equity.
501-1000 employees
Company mission
To change how people think about home care and home insurance.
Role
Who you are
- The Senior Accountant is for someone who brings deep GAAP and statutory expertise, thrives in the complexity of multi-program P&C accounting, and wants to work closely with Underwriting, Operations, and Finance to drive accuracy and process improvement across the business
- Bachelor's degree in accounting or finance
- 4+ years in finance and accounting roles (public accounting or private)
- CPA preferred, not required
- Expert knowledge of US GAAP accounting principles
- Property & casualty insurance industry experience
- Advanced Excel skills and experience with financial reporting systems
- Internal controls experience
What the job involves
- Reporting To: Director of Accounting, Spinnaker
- Hippo is modernizing home insurance by combining technology-driven underwriting with proactive protection to help homeowners prevent losses before they happen
- Our Finance team sits at the center of that mission, managing the financial reporting and program economics that keep our property & casualty business running across multiple subsidiaries and carrier partnerships. We're looking for a Senior Program Accountant to take ownership of that reporting infrastructure
- You'll report directly to the Director of Accounting and have visibility into all facets of how an insurance company operates financially
- Manage the program financial reporting process for Hippo Holdings’s property & casualty business. Take ownership over direct and ceded economics for multiple programs
- Apply in-depth accounting knowledge to complex, non-routine close activities — identifying issues, adapting methods, and recommending process improvements as needed
- Work collaboratively with cross-functional departments to improve monthly close, financial reporting and provide support to the business
- Execute assigned aspects of the GAAP (SEC) and Statutory financial statement close process in accordance with the monthly, quarterly, and year-end close calendar for multiple subsidiaries
- Work proactively with data operations, financial operations, underwriters, claims, and program administrators to resolve reconciling items in a timely manner
- Identify and implement best practices to increase the efficiency and effectiveness of the accounting and financial reporting function
- Prepare quarterly and annual GAAP and Statutory financial statements, footnotes, and schedules
- Support external audits by preparing requested schedules and documentation for assigned areas
- Assist the director of accounting and corporate controller to oversee the internal control environment ensuring appropriate design and operating effectiveness
- Support implementation and operational procedures related to internal control environment
- Take on special projects and other duties as assigned, bringing a problem-solving mindset and the ability to work independently
Our take
Hippo Insurance is a disrupter brand in the insurance market, using technology to change the way home insurance is managed. Based on smart home monitoring systems, clients can monitor the security of their homes and fix minor issues that may turn into larger ones later down the line.
Part of the new 'insurtech' revolution, Hippo Insurance brings a modern way of thinking to the somewhat outdated insurance market. Headquartered in Palo Alto, Hippo is technology-first and AI-driven. Its policies and services are currently available to 80% of US homeowners across 37 states.
The multi-unicorn company has garnered interest from established insurers and home-building companies eager to ride the insurtech wave. However, following a completed business combination with Reinvent Technology Partners Z in 2021, 83% of the latter's raised capital was withdrawn from Hippo. Though it still began trading at a value of $5 billion that year, Hippo's dramatic change of fortunes with Reinvent exemplifies how unpredictable the insurtech market can be, even for major players.
Steph
Company Specialist at Welcome to the Jungle
Insights
-10% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Nov 2020
$350m
CONVERTIBLE
Jul 2020
$150m
SERIES E
Total funding: $709m
Company benefits
- 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
- 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 - Downtown Austin, a 5-minute walk from the train station. Snacks and drinks available and catered lunches for onsite employees
Company HQ
Ballbach and SOFA, San Jose, CA
Leadership
Assaf Wand
(Executive Chairman)Obtained an MBA from the University of Chicago. Was a Senior Associate at McKinsey. Founded Sabi in 2009, and co-founded Hippo in 2015.
Eyal Navon
(CTO)Eyal has a background in Software Engineering with the Israel Defence Forces and various startups. They then founded a Software Design Studio and a Software Consultancy before co-founding Hippo.
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