Financial Operations Manager, Risk Entities

The role

This person will lead day-to-day reinsurance operations and manage a team of four to five professionals. They will serve as the primary business liaison for the ReAcct ceded reinsurance system and work with various internal teams to ensure accurate contract setup and reporting.

What you will do

• Manage a growing offshore team of 4-5 reinsurance professionals in AP/AR and bordereaux.
• Learn and understand current insurance and reinsurance processes and procedures.
• Review ceded reinsurance contractual terms for new and renewal reinsurance programs.
• Partner with Data and IT teams to define data requirements for contract setup.
• Lead new and renewal program and reinsurance contract set-up.
• Oversee reconciliations between the ceded reinsurance subledger and source systems.
• Manage the reinsurance cash application process and oversee monthly reporting to the Treasury Department.
• Oversee all aspects of the ReAcct ceded reinsurance subledger by monitoring capacity, performance, and ongoing enhancement.

Required qualifications

• Bachelor's degree in accounting, finance, or a related field
• 5 + years of experience of finance, accounting, or operations roles (public accounting or private)
• 1+ year of experience in people management
• Intermediate Excel skills (PivotTables, VLOOKUP, SUMIF formulas)

Nice to have

• Experience working with a reinsurance or policy administration system (e.g., ReAcct or similar), including contract set-up, testing, and validation
• Property & casualty insurance industry experience
• Knowledge of US GAAP accounting principles
• Knowledge of Insurance US Statutory accounting principles
• Understanding of insurance financial operations including underwriting, claims, and reinsurance
• Experience with ceded reinsurance accounting reports (e.g., Schedule F)
• Experience overseeing an offshore or outsourced operations team

Benefits

• Multiple medical plans to choose from
• 100% employer covered dental & vision plans for team members and their families
• 401(k)-retirement plan
• short & long-term disability
• employer-paid life insurance
• Flexible Spending Accounts (FSA) for health and dependent care
• Employee Assistance Program (EAP)
• Equity compensation
• Training and internal career growth opportunities
• Flexible Time Off
• 12 weeks of parental leave for primary and secondary caregivers
• Snacks and drinks available for onsite employees

About the company

Hippo uses technology and data to help customers stay ahead of problems and protect what matters most. It operates as a diversified carrier platform, partnering with MGAs to deliver tailored program solutions.