Why This Role Stands Out
This hybrid Assistant Underwriter role offers a fantastic opportunity to contribute to a globally recognized, digitally disruptive insurance leader, providing you with invaluable experience in a fast-paced, innovative environment. You'll thrive here if you're eager to develop your analytical and underwriting skills while collaborating with diverse teams to drive profitable growth and enhance market relationships. Apply to join a company revolutionizing a centuries-old industry and be part of its exciting journey.
Quick Overview
Job Description
Who are we?š
Look at the latest headlines and you will see something Ki insures. Think space shuttles, world tours, wind farms, and even footballersā legs.āÆ
Kiās mission is simple. Digitally disrupt and revolutionise a 335-year-old market. Working with Google and UCL, Ki has created a platform that uses algorithms, machine learning and large language models to give insurance brokers quotes in seconds, rather than days.āÆ
Ki is proudly the biggest global algorithmic insurance carrier. It is the fastest growing syndicate in the Lloyd's of London market, and the first ever to make $100m in profit in 3 years.āÆ
Kiās teams have varied backgrounds and work together in an agile, cross-functional way to build the very best experience for its customers. Ki has big ambitions but needs more excellent minds to challenge the status-quo and help it reach new horizons.
Where you come in?
As an Assistant Underwriter at Ki, youāll support our Property Portfolio Underwriting team in delivering our underwriting strategy, portfolio objectives, and broker engagement activity. This role combines underwriting support, portfolio analysis, and stakeholder management to help us drive profitable growth and maintain strong market relationships.
We work closely with our Underwriters and analytical teamsāincluding Exposure Management, Actuarial, Portfolio Management, and Operationsāto contribute directly to pricing, portfolio optimisation, reporting, and process improvement. Youāll play a key role in supporting both new and renewal business, helping us enhance our portfolio insights, boost operational efficiency, and deliver an outstanding broker experience.
What you will be doing: šļø
- Support the Property underwriting team, as well as working collaboratively with the various analytical functions at Ki
- Prepare pricing information for Underwriters ahead of facility/binder renewals, referring to underwriting and actuarial as appropriate, and leveraging traditional actuarial and machine learning approaches to support Kiās model.
- Maintain key broker relationships in conjunction with Underwriting. Liaising with brokers/clients on queries and feeding information back internally.
- Establish and maintain knowledge of internal controls and all procedures relating to underwriting. Ensuring that business is being carried out within underwriting control framework and approved business plan, subject to individual authorisation levels, referring to the Portfolio Underwriter as appropriate.
- Take an active role in managing the triage and engagement on Kiās renewal portfolio, by leading (or co-leading) weekly pod meetings with a demonstrated understanding of Kiās strategy and appetite, to help identify business priority workstreams.
- Ensure that broker feedback and requests are effectively recorded and referred to the Underwriters to drive continuous improvements to Kiās products and services.
- Support in regular Portfolio Trading updates and portfolio retros to ensure key senior stakeholders are updated and satisfied with direction and performance.
- Work on company-wide projects, developing an understanding of the development, algorithm, and engineering teams.
Requirements
- ACII, IFOA or equivalent professional qualification, or actively working towards qualification.
- Demonstrated insurance market experience within the London Market, including exposure to underwriting, portfolio analysis or pricing activities.
- Knowledge of Property insurance products, underwriting principles and portfolio management concepts.
- Commercial awareness and understanding of market dynamics that influence underwriting performance.
- Understanding of insurance regulatory requirements, governance frameworks and underwriting controls.
- Strong analytical and numerical capabilities, with the ability to interpret data and generate meaningful insights.
- Excellent communication skills with the ability to build effective stakeholder relationships.
- Strong organisational skills with the ability to manage multiple priorities and deadlines.
- Advanced Microsoft Office skills, particularly Excel, Word and Outlook.
- Experience producing management information, reports and portfolio analysis.
Benefits
Youāll 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.
What to expect during the recruitment process:
- Initial recruiter screening call
- Interview with hiring manager
- Technical Interview (this may vary depending on the role)
- Values Interview
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