Portfolio Underwriter
Posted 10 days 18 hours ago by Innovation Group
Please visit our careers site to find out more about working at Ki.
Full details of the job:
- Vacancy Name: Job Title
- Employment Type: Permanent
- Location: London
Who are we?
Ki is the biggest global insurance tech company you've never heard of, unless you've been looking to insure a satellite, wind farm or music festival recently.
Having written over $877m in gross written premium in 2023, we've achieved significant growth since our beginnings in 2021. Our investors were excited about the fact we were revolutionising the way a 333-year-old industry was working. There are hardly any industries left that are mainly paper-based, but the specialty insurance market is one. Together with partners at Google and UCL, we developed Ki and created a platform that helps insurance brokers place risk in a fast and frictionless way. We're continuing to lead the digitisation of this market and we need more excellent minds to work with us to realise this goal and create more opportunities.
You will work alongside the Underwriting Director for Casualty, taking primary responsibility for Financial and Professional Lines. You will be chiefly responsible for adherence to the agreed business plan and ultimately underwriting performance for this class of business.
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 aligns with this appetite to maintain a profitable portfolio. You will provide leadership and development guidance to directly reporting Underwriters and assist 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 shaping underwriting, pricing, and distribution models.
Finally, you will be accountable for providing insights for various committees including but not limited to the Portfolio Underwriting Committee, Underwriting Governance Committee, Performance vs Plan, Reserving Committee, and Major Loss Panel.
Inclusion & Diversity are at the heart of our business at Ki. We recognize that diversity in age, race, gender, ethnicity, sexual orientation, physical ability, thought, and social background bring 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 yourself.
You'll receive a highly competitive remuneration and benefits package, which is kept under constant review to ensure relevance. We understand the power of saying thank you and take time to acknowledge and reward extraordinary effort by teams or individuals.
If this role and our culture appeal to you, we look forward to hearing from you.