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Ki • London

Senior Pricing Actuary - Property

Employment type:  Full time

3 days/week at home

A little flex time

Apply now

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 Property 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

A fundamental Actuarial Team role embedded day-to-day sat within in the Property division team in Portfolio Underwriting Team within Ki, working side by side with the Underwriters to enhance Ki’s commercial and strategic approach using creative actuarial insight and innovative solutions - ultimately creating commercial value. The role is commercially minded, supporting the SME Underwriters through expert technical and commercial pricing knowledge, adding input into the strategic direction.
The role is responsible for carrying out deal level pricing (outside of the algorithm) for material or complex risks, or facility deals – providing challenge and direction. They are responsible to manage, maintain and develop the deal level pricing model(s) outside of the algorithm, including documentation and relevant regulatory reporting/communication. This includes monitoring and re-calibrating, ensuring they meet commercial, actuarial, and regulatory requirements.
In addition, the role will develop class specific management information and insight, ensuring its communication to stakeholders internally including the wider Pricing Team, Portfolio Management, Actuarial, Algorithmic Underwriting, Risk, as well as externally facing with brokers and clients.
The role reports into the Head of Corporate and Pricing within the Actuarial Team, supporting them in setting and managing the Pricing Policy including relevant thresholds and risks. The role works with wider Ki stakeholders, including the Algorithmic Pricing team to embed deal level pricing output into the algorithm, creating a joined-up approach and supporting the continued development of algorithmic pricing and risk selection.


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)

66:34

Office locations

London

Hiring Countries

United Kingdom

Awards & Achievements

Finance & Insurance

Finance & Insurance

Industry awards 2023

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