Actuarial Analyst - Regulatory & Reserving

Innovation Group; Greater London; On-site; GBP 35,000 - 65,000; Full time

Job summary

An established industry player is seeking an ambitious Actuarial Analyst to join their dynamic team. This role offers the opportunity to support both Regulatory and Reserving teams in delivering crucial actuarial processes while ensuring compliance with internal policies and external regulations. Ideal for a graduate actuary eager to progress in their career, this position allows you to work on innovative projects that utilize cutting-edge technology and coding skills. Join a fast-growing syndicate that values diversity and inclusion, and be part of a culture that recognizes and rewards extraordinary contributions. If you're ready to make a significant impact in the insurance sector, we want to hear from you!

Benefits

Highly Competitive Remuneration

Benefits Package

Recognition Programs

Qualifications

• Support Regulatory and Reserving teams with actuarial processes.
• Assist in maintaining compliance with internal and external policies.

Responsibilities

• Deliver IFRS17 and Solvency II TP actuarial processes.
• Support core quarterly reserving exercises and prepare reports.

Skills

Actuarial Analysis

Regulatory Compliance

Reserving Techniques

Coding

Process Improvement

Education

Degree in Actuarial Science

Actuarial Exams Progress

Tools

IFRS17

Solvency II

Job description

Please visit our careers site to find out more about working at Ki.

Job Details: Actuarial Analyst - Regulatory & Reserving

Vacancy Name: Actuarial Analyst - Regulatory & Reserving

Employment Type: Permanent

Location: London

Role Details

Who are we?
Look at the latest headlines and you will see something Ki insures. Think space shuttles, world tours, wind farms, and even footballers’ legs.

Ki’s mission is simple: Digitally disrupt and revolutionise a 335-year-old market. Working with Google and UCL, Ki has created a platform that uses algorithms, machine learning, and large language models to give insurance brokers quotes in seconds, rather than days.

Ki is proudly the biggest global algorithmic insurance carrier. It is the fastest growing syndicate in the Lloyd's of London market, and the first ever to make $100m in profit in 3 years.

Ki’s teams have varied backgrounds and work together in an agile, cross-functional way to build the very best experience for its customers. Ki has big ambitions but needs more excellent minds to challenge the status quo and help it reach new horizons.

Purpose of the Role

You'll be a key player in the actuarial team, supporting both our Regulatory and Reserving teams. You'll work with the Regulatory Manager, Reserving Managers, and Regulatory and Reserving Analyst to maintain and deliver Ki's IFRS17 and Solvency II TP actuarial processes ensuring they are compliant with our internal policy documents and any external regulatory requirements. You'll support project work around regulatory delivery including tool development and process improvement, utilising coding and tech lead design.

You'll also support the reserving team in the delivery of core quarterly reserving exercises and translating reserving into the regulatory and statutory reserving bases. This includes reserving analyses, deep dive reviews, and preparation of reports and communication related to reserving. You'll support the input of reserving output, and associated regulatory and statutory figures, into wider Ki stakeholders such as Outwards RI, Risk, Capital, Finance, Portfolio Management, Portfolio Underwriting, and Algorithmic Underwriting teams.

This role would suit an ambitious graduate actuary, looking to progress with their actuarial exams. If you're eager to build actuarial experience within a fast-growing syndicate, we'd love to hear from you.

Our Culture

Inclusion & Diversity is at the heart of our business at Ki. We recognise that diversity in age, race, gender, ethnicity, sexual orientation, physical ability, thought, and social background brings richness to our working environment. No matter who you are, where you’re from, how you think, or who you love, we believe you should be you.

You’ll get a highly competitive remuneration and benefits package. This is kept under constant review to make sure it stays relevant. We understand the power of saying thank you and take time to acknowledge and reward extraordinary effort by teams or individuals.

If this sounds like a role and a culture that appeals to you, let us know.