Assistant Underwriter - FI & D&O

Ki; Greater London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An innovative insurance firm is seeking a Recruitment Business Partner to join their dynamic Portfolio Underwriting team. This role involves supporting pricing and class-level analysis, producing reports, and collaborating with underwriters and brokers. With a focus on leveraging both traditional and machine learning methods, you will play a crucial role in risk evaluation and technical pricing. Join a company that is revolutionizing the insurance industry while fostering a culture of inclusion and diversity. If you're passionate about analytics and have a track record in underwriting support, this opportunity is perfect for you.

Benefits

Competitive Remuneration

Benefits Package

Diversity and Inclusion Initiatives

Qualifications

• Experience in supporting underwriting teams with technical pricing data.
• Understanding of actuarial concepts and specialty classes is desirable.

Responsibilities

• Support pricing and class-level analysis for underwriting.
• Deliver technical pricing for insurance policies and reinsurance treaties.

Skills

Analytical Skills

Technical Pricing

Actuarial Concepts

Machine Learning

Risk Evaluation

Education

Bachelor's Degree in Finance or Related Field

Actuarial Qualifications

Tools

Statistical Software

Data Analysis Tools

Job description

Recruitment Business Partner - Ki Insurance

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 will play an integral part in our Portfolio Underwriting team, supporting with pricing and class-level analysis, providing an analytical review of the classes with a focus on the FI & D&O class. You will produce statistics, reports, and MI, working directly with brokers on new and renewal business, and assisting Underwriters in risk evaluation according to Ki’s Business Plan.

Daily tasks include reviewing renewal submissions in line with the portfolio’s underwriting strategy and preparing necessary information for underwriters. You will deliver technical pricing for insurance policies and reinsurance treaties, consulting with underwriting and actuarial colleagues as needed. You’ll leverage both traditional actuarial and machine learning approaches to support Ki’s model, including risk-level pricing involving data input into models and ownership of model outputs for your class. Maintaining relationships with key brokers and collaborating cross-functionally with underwriting and actuarial teams will be essential.

If you have a successful track record in supporting underwriting teams with technical pricing data, we’d love to hear from you. An understanding of actuarial concepts and knowledge of specialty classes are desirable but not essential.

Our culture

Inclusion & Diversity are fundamental to Ki. We recognize that diversity in age, race, gender, ethnicity, sexual orientation, physical ability, thought, and social background enriches our environment. No matter who you are, where you’re from, how you think, or who you love, we believe you should be yourself.

We offer a highly competitive remuneration and benefits package, regularly reviewed to stay relevant. We value recognition and reward exceptional effort by individuals and teams.

If this role and our culture resonate with you, we encourage you to apply.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Analyst

Industries

• Insurance