Porch Group is a leading vertical software and insurance platform and is positioned to be the best partner to help homebuyers move, maintain, and fully protect their homes. We offer differentiated products and services, with homeowners insurance at the center of this relationship. We differentiate and look to win in the massive and growing homeowners insurance opportunity by 1) providing the best services for homebuyers, 2) led by advantaged underwriting in insurance, 3) to protect the whole home.
As a leader in the home services software-as-a-service (“SaaS”) space, we’ve built deep relationships with approximately 30 thousand companies that are key to the home-buying transaction, such as home inspectors, mortgage companies, and title companies.
In 2020, Porch Group rang the Nasdaq bell and began trading under the ticker symbol PRCH. We are looking to build a truly great company and are JUST GETTING STARTED.
Job Title: State Filings Specialist
Location: United States
Workplace Type: Remote
Job Summary
Homeowners of America, (A Porch Group Company) is a leading provider of homeowners insurance, committed to offering high-quality, comprehensive coverage to our customers. We pride ourselves on delivering exceptional customer service and innovative insurance solutions tailored to meet the needs of our policyholders.
As our State Filings Specialist at Homeowners of America (“HOA,” a Porch Company), you will hold a pivotal role in being the liaison between the organization and the state insurance departments. We are seeking an ideal candidate with experience in property and casualty insurance, focusing on filings. This position requires proficiency in various filing areas including regulatory relationship management, interpretation of laws, policy development, and risk mitigation strategies.
You will report directly to VP of Strategy and Insurance Product. Additionally, you will have opportunities to engage with the broader HOA insurance team and the broader Porch group.
What You Will Do As A State Filings Specialist
- Collaborate with members of Insurance Product, Actuarial, Compliance, and Underwriting to execute the filing pipeline from end-to-end
- Work closely with the business and actuarial teams to create and update filing documents for rate, rule and forms for submissions
- Maintain accurate and accessible records in relation to those filings
- Review and address filing objectives to achieve approval
- Provide support for market conduct examinations including in responding to inquiries
- Lead in working with the product managers and actuarial department to prepare and submit loss costs, rules, and forms filings to insurance regulators
- Manage communication and negotiation of filings with State in a manner that will result in timely approval of company products
- Writes explanatory memos and Orders for final review and approval by the Insurance Commissioner
- Assist the product and actuarial teams with addressing obstacles and providing alternatives in the filing process
- Review regulatory publications for impact on company filings and product offerings
- Document and maintain filing records in multiple systems in SERFF
- Introduce scalable processes to meet ambitious goals
- Occasional travel to the Dallas Fort Worth office may be required, 2- 4 times per year for a duration of 2-4 days each time
What You Will Bring As A State Filings Specialist
- Bachelor's degree
- 5+ years of state filing, regulatory compliance, or relevant insurance industry experience
- 8+ years professional insurance experience
- Solid understanding of SERFF
- Strong familiarity with state insurance laws and regulations
- Superior organizational skills, with the ability to manage multiple priorities in a fast-paced environment
- Strong communication and interpersonal skills to develop and maintain strong partnerships with key stakeholders, both internally and externally
The application window for this position is anticipated to close in 2 weeks (10 business days) from August 16, 2024. Please know this may change based on business and interviewing needs.
At this time, Porch Group does not consider applicants from the following states for remote positions: Alaska, Arkansas, Delaware, Hawaii, Iowa, Maine, Mississippi, Montana, New Hampshire, and West Virginia.
What You Will Get As A Porch Group Team Member
Pay Range*: $106,500.00 - $149,100.00 annually
*Please know your actual pay at Porch will reflect a number of factors among which are your work experience and skillsets, job-related knowledge, alignment with market and our Porch employees, as well as your geographic location.
Additionally, you will be eligible to receive long-term incentive awards, subject to program guidelines and approvals.
Our benefits package will provide you with comprehensive coverage for your health, life, and financial wellbeing.
- Our traditional healthcare benefits include three (3) Medical plan options, two (2) Dental plan options, and a Vision plan from which to choose.
- Critical Illness, Hospital Indemnity and Accident plans are offered on a voluntary basis.
- We offer pre-tax savings options including a partially employer funded Health Savings Account and employee Flexible Savings Accounts including healthcare, dependent care, and transportation savings options.
- We provide company paid Basic Life and AD&D, Short and Long-Term Disability benefits. We also offer Voluntary Life and AD&D plans.
- Both traditional and Roth 401(k) plans are available with a discretionary employer match.
- Headspace is part of our employer paid wellbeing program and provides employees and their families access to on demand guided meditation and mindfulness exercises, mental health coaching, clinical care and online access to confidential resources including will preparation.
- Brio Health is another employer paid wellbeing tool that offers quarterly wellness challenges and prizes.
- LifeBalance is a free resource to employees and their families for year-round discounts on things like gym memberships, travel, appliances, movies, pet insurance and more.
- Our wellness programs include flexible paid vacation, company-paid holidays of typically nine per year, paid sick time, paid parental leave, identity theft program, travel assistance, and fitness and other discounts programs.
#LI-ED1
What’s next?
Submit your application and our Porch Group Talent Acquisition team will be reviewing your application shortly! If your resume gets us intrigued, we will look to connect with you for a chat to learn more about your background, and then possibly invite you to have virtual interviews. What's important to call out is that we want to make sure not only that you're the right person for us, but also that we're the right next step for you, so come prepared with all the questions you have!
Porch is committed to building an inclusive culture of belonging that not only embraces the diversity of our people but also reflects the diversity of the communities in which we work and the customers we serve. We know that the happiest and highest performing teams include people with diverse perspectives that encourage new ways of solving problems, so we strive to attract and develop talent from all backgrounds and create workplaces where everyone feels seen, heard and empowered to bring their full, authentic selves to work.
Porch is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations, and ordinances.
Porch Group is an E-Verify employer. E-Verify is a web-based system that allows an employer to determine an employee's eligibility to work in the US using information reported on an employee's Form I-9. The E-Verify system confirms eligibility with both the Social Security Administration (SSA) and Department of Homeland Security (DHS). For more information, please go to the USCIS E-Verify website.
What We Do
Floify is an enterprise-grade mortgage automation and point-of-sale system that streamlines the lending process by providing a secure communication and document management portal. Mortgage professionals use Floify to collect and verify borrower documentation, track loan progress, communicate with borrowers, and close loans faster.
Floify was acquired by Porch Group in October 2021, https://www.builtinseattle.com/company/porch.
Why Work With Us
"Floify provides a rarity in the tech industry: a true family-like environment where everyone from ownership down is laser-focused on a common goal: building a profitable company by serving the needs of our customers, rewarding hard work and success, & building a product that is literally transformative for people & businesses" -Marketing Mgr
Gallery
