Contracts Attorney

Hippo Insurance•Austin, TX

6d•$167,500 - $245,000•Hybrid

About The Position

Hippo is seeking a Contracts Attorney to join their team. This role involves drafting, reviewing, and negotiating program agreements and reinsurance agreements, considering market conditions, regulatory requirements, and risk mitigation. The attorney will be responsible for creating and implementing processes for contract wording issues, making timely decisions, and working autonomously while collaborating with various departments and external partners. The position requires strong communication skills and the ability to thrive in a fast-paced environment.

Requirements

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
Experience drafting, reviewing, and negotiating program agreements and reinsurance agreements
Understanding of the impact of market conditions on insurance activities, procedures and wordings
Ability to clearly and succinctly articulate issues to the various departments
Ability to evaluate the risks associated with the (re)insurance activities
Ability to develop commercial risk mitigation options
Ensuring all operations are compliant with applicable regulatory requirements

Responsibilities

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

Benefits

Multiple medical plans to choose from
100% employer covered dental & vision plans for our 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
Catered lunches for onsite employees