Program Business Director

The role

The Program Business Director acts as CEO for a number of Spinnaker programs with primary P&L responsibility. You will set annual goals for profit, growth, expense management, and catastrophe capacity while managing relationships with claims TPAs, reinsurers, and brokers.

What you will do

• Represent assigned programs as a member of the Spinnaker senior leadership team
• Ensure programs comply with contractual terms and regulatory requirements
• Perform state filing review and signoff
• Ensure quality and accuracy of deal-specific business terms
• Oversee onboarding checklists for new programs
• Oversee renewal strategy in collaboration with Finance and Operations
• Collaborate with Finance and Operation for reinsurer reporting, account reconciliation, and claims/treaty reporting
• Participate in new business development and review potential opportunities
• Develop annual growth and profit plans and underwriting guidelines
• Plan, manage, and evaluate work of program administrators/MGAs

Required qualifications

• 7+ years of risk management experience in personal and/or commercial insurance positions of increasing responsibility
• Bachelor’s degree
• Proficient with setting and negotiating Reinsurance Programs
• Contract Drafting experience
• Experience with coverage analysis
• Understanding of technical claims proficiency and execution of best claim practices
• Understanding of insurance concepts such as contracts, policy forms, reinsurance, state regulation, and claims coverage
• Strong business acumen and ability to collaborate with other departments and stakeholders
• Demonstrated success in exercising independent decision-making, problem-solving, and negotiation competency
• Strong organizational and analytical skills with ability to conduct analysis on unstructured data
• Intermediate Excel skills

Nice to have

• Professional designations (CPCU, ARM, AIC, SCLA, etc.)

Benefits

• Multiple medical plans to choose from
• 100% employer covered dental & vision plans for team members and 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.