Underwriter - FI & D&O

Innovation Group; London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading digital insurance firm is seeking an Underwriter for FI & D&O lines in London. This role involves strategic planning and leading a team of Underwriters. Candidates should have experience in underwriting with strong communication skills. A competitive salary and benefits package is offered in a culturally inclusive environment.

Benefits

Highly competitive remuneration

Comprehensive benefits package

Qualifications

• Experience in underwriting, specifically FI & D&O lines.
• Strong communication skills for engaging with brokers and teams.
• Ability to define and optimize strategy based on market conditions.

Responsibilities

• Define and optimise annual plan strategy with Portfolio Management.
• Set underwriting appetite in collaboration with Underwriting Director.
• Provide leadership and development guidance to Underwriters.
• Work with Algorithmic and Pricing teams to enhance underwriting and pricing.
• Accountable for insights in committee discussions.

Job description

Overview

Please visit our careers site to find out more about working at Ki. Job Details: Underwriter - FI & D&O

Full details of the job.

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.

Where you come in? You will work alongside the Underwriting Director for Casualty, taking primary responsibility for FI & D&O lines. You will be chiefly responsible for the adherence to the agreed business plan and ultimately underwriting performance for this class of business.

What you will be doing

• You will work with the Portfolio Management team to define and optimise annual plan strategy, reflective of market conditions.
• Alongside the Underwriting Director you will set underwriting appetite taking steps to ensure the KiDS portfolio is in line with said appetite to maintain a profitable portfolio.
• You'll provide leadership and development guidance to directly reporting Underwriters, assisting in strategic conversations with Broker partners when required to communicate underwriting appetite and rationale.
• You will work alongside the Algorithmic and Pricing teams as the subject matter expert to bring specialty product and market knowledge to bear in order to shape the underwriting, pricing and distribution models.
• Finally, you will be accountable for providing insight for various committees including but not limited to the Portfolio Underwriting Committee, Underwriting Governance Committee, Performance vs Plan, Reserving Committee and Major Loss Panel.

Recruitment process

• Initial recruiter screening call
• Interview with hiring manager
• Technical Interview (this may vary depending on the role)
• Values Interview

Ki Values

• Know Your Customer: Put yourself in their shoes. Understand and balance the different needs of our customers, acting with integrity and empathy to create something excellent
• Grow Together: Empower each other to succeed. Recognise the work of our teams, while celebrating individual success. Embrace diverse perspectives so we can develop and grow together.
• Be Courageous: Think big, push boundaries. Don't be afraid to fail because that's how we learn. Test, adapt, improve - always strive to be better.

Our culture

At Ki, we are committed to creating an inclusive environment where every colleague is valued and respected for who they are and can do the best work of their careers. Inclusion is a critical foundation of our business and people strategies and supports our vision of becoming a market-leading, digital and data-led specialty insurance business. An inclusive workplace fuels innovation because creativity thrives when everyone feels valued, respected, and supported to drive it. So, no matter who you are, where you're from, how you think, or who you love, we believe you should be you.

What we offer

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, apply now!