Contracts Attorney, Hippo Insurance
$167.5-245k
+ equity
Digital home-insurance provider
Be an early applicant
Digital home-insurance provider
501-1000 employees
Be an early applicant
$167.5-245k
+ equity
501-1000 employees
Company mission
To change how people think about home care and home insurance.
Role
Who you are
- J.D. from an accredited law school or international equivalent
- Licensed to practice and a member in good standing/the ability to immediately reactivate membership in at least one US state
- At least 4+ years in drafting reinsurance agreements, program administration agreements, and/or related agreements
What the job involves
- You are an insurance professional with experience drafting, reviewing, and negotiating program agreements and reinsurance agreements. You understand the impact of market conditions on insurance activities, procedures and wordings. You are able to clearly and succinctly articulate issues to the various departments, evaluate the risks associated with the (re)insurance activities and to develop commercial risk mitigation options, while ensuring all operations are compliant with applicable regulatory requirements
- Strategically, efficiently, and timely draft, review, and negotiate reinsurance, program administration, and claims agreements considering risk mitigation wording and trends in contract interpretation
- Create and implement processes to capture and respond to wording issues, including an escalation process
- Promptly make decisions and/or roll out decisions, after any required approvals, reflecting all available information and appropriate risk assessments
- Understand relevant business drivers, the ability to identify and raise critical issues/points when needed, and take ownership of your actions and responses
- Work autonomously, while considering feedback from underwriting peers, reinsurers, and management
- Exemplify collegiality, efficiency, proactivity and curiosity
- Have strong written and oral communication skills and an ability to work in a fast-paced environment
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Part of the new 'insurtech' revolution, Hippo Insurance brings a modern way of thinking to the somewhat outdated insurance market.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.
Salary benchmarks
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