Actuarial Reserving Manager

Job Description

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 charge on the digitisation of this market and we need more excellent minds to work with us to realise this goal and create more opportunities.

Purpose of the Role

As Reserving Manager, you will support the Head of Reserving in the delivery of all aspects of quarterly reserving including the quarterly reserving process, internal and experimental reporting and providing relevant inputs from reserving into the IFRS17, Solvency II Technical Provisions and capital parameterisation. Our goal is to create a ‘best-in-class’ reserving process utilising innovative techniques, data science and feedback from the wider business to continuously improve this process. You will also be responsible for the development of the Reserving Analyst.

Within this role you will support all quarterly reserving activities, holding responsibility for ensuring appropriate methods, assumptions and judgements with clear justifications and audit trails. You will provide additional actuarial insight to the business in the form of targeted deep-dive reviews, internal model parameterisation and investigating and applying emerging trends into actuarial work. You will also input into the design and evolution of the future state of end-to-end reserving to improve the efficiency and accuracy of all outputs and communications.

This is a unique opportunity to join a new team, and to input into the reserve transformation process at its inception. We are looking for a creative thinker, who is eager to use innovative techniques and data science to enhance Ki’s commercial insight and approach to reserving. We are seeking a qualified actuary, with expert reserving knowledge and a sound commercial general insurance Lloyds/company market background.

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 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 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.