Flexa
Ki • London

Head of ERM

Employment type:  Full time

2–3 days/week at home

A little flex time

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

From a risk perspective, Ki represents a unique opportunity to work across a wide range of risks spanning traditional insurance, algorithmic underwriting and the specific risks presented through the cover holder partnership model. As Head of Enterprise Risk Management, you will be responsible for the delivery of Ki’s enterprise risk agenda, ensuring that this is closely aligned to Ki Group’s strategy and the Board's risk tolerance, meeting the requirements of Syndicate 1618 and the Ki Digital cover holder.

In this role you will lead the development of an enterprise-wide approach to risk management on a consistent basis across all categories of risk, ensuring compliant processes to meet the expectations of the Executive Management Committee (EMC), shareholders, regulators and Lloyd’s. You will lead the ERM team in developing a fit for purpose enterprise-wide risk management framework, maximizing value subject to the risk appetite, maintaining risk appetites and tolerances across the ful universe of risk to which Ki is exposed.

Your responsibilities in this role will include managing the end-to end ORSA process, overseeing the internal model validation process, ensuring that relevant and meaningful reverse stress testing exercise is conducted and that relevant members of the Company i.e. the CEO, Board and Committees, are provided with sufficient training in relation to risk management and emerging regulatory issues. You will manage effective relationships with Lloyd's, PRA and the FCA including demonstrating and evidencing the quality of Ki’s risk management in a way that maintains the rating of “Advanced” by Lloyd’s.

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.

Company benefits

Shared parental leave
Enhanced paternity leave
Enhanced maternity leave
Adoption leave
Health insurance
Dental coverage
Non-contributory pension
Annual bonus
Share options
Season ticket loan
Life assurance
Enhanced sick pay
Cycle to work scheme
Faith rooms
Pregnancy loss leave
Fertility treatment leave
Carer’s leave
Open to job sharing
Open to part time work for some roles
Gym membership
Compassionate leave
Menstrual leave
Bank holiday swaps
Volunteer days
Employee assistance programme
L&D budget
Mental health platform access
Location
63%
Employees are largely happy with their working location freedom
Hours
73%
Employees are largely happy with the flexibility in the hours they work
Benefits
69%
Employees are largely happy with the benefits their company offers
Work-life balance
62%
Employees feel that they can switch off quite easily from work
Role modelling
73%
Employees feel that most people work flexibly
Autonomy
77%
Employees feel that they can mostly manage how they get their own work done

Working at Ki

Company employees

Approximately 175

Gender diversity (male:female)

Approximately 2:1

Office locations

London

Hiring Countries

United Kingdom

Awards & Achievements

Finance & Insurance

Finance & Insurance

Industry awards 2023

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