Algorithmic Pricing Actuary

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.

What you will be working on
We're looking for an Algorithmic Pricing Actuary who is algo driven with an interest in data science to join our Algo Underwriting team. You will work at the intersection of underwriting and algo development, ensuring that the development, calibration and monitoring of our actuarial pricing models, meets commercial and regulatory requirements, whilst effectively serving our end users at the point of quote (brokers).

You will help us to build best practice and scalable digital risk- and portfolio-pricing capabilities, leveraging actuarial and machine learning approaches to support our line size generation. Bringing your experience of working in the Lloyd’s/company market you will be working within a multi-disciplinary and commercially-focussed team, bringing together deep expertise in specialty insurance with scalable actuarial analysis and product development.

Our squads focus on delivering high-impact features and we favour a highly iterative, analytical approach. We invest time in research and development, internally and with academic institutions and if you are looking for an opportunity where you can be curious and bring fresh ideas to the table, then this could be the role for you!

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.