Assistant Underwriter - Property Worldwide

Ki; Greater London; On-site; GBP 40,000 - 50,000; Full time

Benefits offered by this job

Competitive remuneration

Benefits package

Job summary

Ki, a Lloyd's of London insurer, is seeking an Assistant Underwriter to support the Property Portfolio Underwriting team in pricing, portfolio analysis, and broker engagement.

You will work with Exposure Management, Actuarial, Portfolio Management and Operations to drive profitable growth, enhance broker relationships, and improve reporting and processes.

Qualifications

• ACII, IFOA or equivalent professional qualification, or actively working towards qualification.
• London Market insurance experience including underwriting, portfolio analysis or pricing.
• Knowledge of Property insurance products and portfolio management concepts.
• Commercial awareness and understanding of market dynamics.
• Regulatory knowledge and underwriting controls.
• Strong analytical and numerical capabilities.
• Excellent communication and stakeholder relationship skills.
• Strong organisational skills with multiple priorities.
• Advanced Excel, Word, Outlook.
• Experience producing management information and portfolio analysis.

Responsibilities

• Support the Property underwriting team and analytical functions.
• Prepare pricing information for Underwriters ahead of renewals.
• Maintain broker relationships and handle queries.
• Ensure underwriting controls and approved business plan compliance.
• Lead weekly pod meetings on renewal portfolio.
• Record broker feedback and drive improvements.
• Support Portfolio Trading updates and portfolio retros.
• Collaborate on company-wide projects with development and engineering teams.

Skills

Analytical thinking

Numerical ability

Communication skills

Stakeholder management

Team collaboration

Education

ACII / IFOA or equivalent

Tools

Excel

Word

Outlook

Pricing software

Job description

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.

Where you come in?

As an Assistant Underwriter at Ki, you’ll support our Property Portfolio Underwriting team in delivering our underwriting strategy, portfolio objectives, and broker engagement activity. This role combines underwriting support, portfolio analysis, and stakeholder management to help us drive profitable growth and maintain strong market relationships.

We work closely with our Underwriters and analytical teams—including Exposure Management, Actuarial, Portfolio Management, and Operations—to contribute directly to pricing, portfolio optimisation, reporting, and process improvement. You’ll play a key role in supporting both new and renewal business, helping us enhance our portfolio insights, boost operational efficiency, and deliver an outstanding broker experience.

What you will be doing:

• Support the Property underwriting team, as well as working collaboratively with the various analytical functions at Ki


• Prepare pricing information for Underwriters ahead of facility/binder renewals, referring to underwriting and actuarial as appropriate, and leveraging traditional actuarial and machine learning approaches to support Ki’s model.


• Maintain key broker relationships in conjunction with Underwriting. Liaising with brokers/clients on queries and feeding information back internally.


• Establish and maintain knowledge of internal controls and all procedures relating to underwriting. Ensuring that business is being carried out within underwriting control framework and approved business plan, subject to individual authorisation levels, referring to the Portfolio Underwriter as appropriate.


• Take an active role in managing the triage and engagement on Ki’s renewal portfolio, by leading (or co-leading) weekly pod meetings with a demonstrated understanding of Ki’s strategy and appetite, to help identify business priority workstreams.


• Ensure that broker feedback and requests are effectively recorded and referred to the Underwriters to drive continuous improvements to Ki’s products and services.


• Support in regular Portfolio Trading updates and portfolio retros to ensure key senior stakeholders are updated and satisfied with direction and performance.


• Work on company-wide projects, developing an understanding of the development, algorithm, and engineering teams.

Requirements

• ACII, IFOA or equivalent professional qualification, or actively working towards qualification.


• Demonstrated insurance market experience within the London Market, including exposure to underwriting, portfolio analysis or pricing activities.


• Knowledge of Property insurance products, underwriting principles and portfolio management concepts.


• Commercial awareness and understanding of market dynamics that influence underwriting performance.


• Understanding of insurance regulatory requirements, governance frameworks and underwriting controls.


• Strong analytical and numerical capabilities, with the ability to interpret data and generate meaningful insights.


• Excellent communication skills with the ability to build effective stakeholder relationships.


• Strong organisational skills with the ability to manage multiple priorities and deadlines.


• Advanced Microsoft Office skills, particularly Excel, Word and Outlook.


• Experience producing management information, reports and portfolio analysis.

Benefits

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.

What to expect during the recruitment process:

1. Initial recruiter screening call


2. Interview with hiring manager


3. Technical Interview (this may vary depending on the role)


4. Values Interview