Reserving Manager at Ki

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

08 Feb, 26

Salary

0.0

Posted On

10 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Actuarial Insight, Reserving Knowledge, Data Science, MS Excel, VBA, SQL, Python, R, Team Collaboration, Workload Prioritization, Commercial General Insurance, Lloyd's Market Experience, Creative Thinking, Management Experience, Innovative Techniques, Audit Trails

Industry

Description

Who are we?👋 Look at the latest headlines and you will see something Ki insures. Think space shuttles, world tours, wind farms, and even footballers’ legs. Ki’s 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. 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. Ki’s 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 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. What you will be doing: 🖋️ 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. We are looking for a creative thinker, who's eager to lead and develop a growing reserving team You'll be a qualified actuary (FIA, FFA or equivalent) You'll have expert reserving knowledge and sound commercial general insurance Lloyd’s/company market experience You'll have excellent IT skills, in particular an advanced level of MS Excel and VBA, experience with SQL, Python or R, with a desire to continue developing Previous experience in managing qualified and student actuaries would be highly beneficial Be able to prioritise workloads and collaborate effectively within your team and the wider business 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. What to expect during the recruitment process 1) Initial recruiter screening call 2) Interview with hiring manager 3) Technical Interview (this may vary depending on the role) 4) Values Interview

Responsibilities

As Reserving Manager, you will support the Head of Reserving in the delivery of all aspects of quarterly reserving, including the quarterly reserving process and internal reporting. You will also be responsible for developing the Reserving Analyst and ensuring appropriate methods and assumptions are used in the reserving process.