At a Glance
- Tasks: Lead risk management for a cutting-edge AI insurance company and shape its future.
- Company: Join a rapidly growing AI-native insurance firm valued at $2.6B.
- Benefits: Competitive salary, equity options, and the chance to work directly with founders.
- Other info: Dynamic startup culture with opportunities for international expansion.
- Why this job: Make a real impact by scaling risk frameworks in an innovative environment.
- Qualifications: 8+ years in P&C insurance with strong actuarial or underwriting experience.
The predicted salary is between 72000 - 88000 £ per year.
We've raised $374M, most recently at a $2.6B valuation, to build a full stack, AI native insurance company. Corgi owns its carriers, reinsurers, MGA, and TPA, and uses AI throughout underwriting, pricing, claims, and operations. We're building the insurance company from scratch, without the legacy systems.
We're hiring a Head of Risk to own how we price, reserve, and hold risk across the group, based in London.
What you’ll do
- Own and scale the group risk framework across our carriers, reinsurers, and MGA: underwriting risk, reserving risk, catastrophe exposure, and capital adequacy.
- Partner with our Head of Underwriting on underwriting guidelines, risk appetite, and portfolio performance across all P&C lines.
- Oversee pricing adequacy and reserving (IBNR, loss development, rate monitoring) alongside our actuarial function.
- Structure and negotiate reinsurance: treaty design, retentions, counterparty risk.
- Build the risk infrastructure for international expansion, including UK/EU market entry, working directly with regulators.
- Work with founders on capital allocation, new line launches, and M&A diligence.
Who you are
- 8+ years in P&C insurance with deep actuarial (FIA, FCAS, or equivalent) or senior underwriting leadership experience.
- You've owned a book: pricing, appetite, and results, not just analysis.
- Fluent across commercial lines (E&O, cyber, GL, property, workers' comp a plus).
- Comfortable with reinsurance structures and capital modeling (Solvency II and/or US RBC).
- You can talk to a regulator in the morning and review model output in the afternoon.
- High agency, low ego, allergic to bureaucracy. We move at startup speed in a regulated industry.
Why this role
You’ll take a working risk framework and scale it across new lines, new entities, and new markets, with direct access to the founders and real authority over how the group holds risk.
London based. £100,000 to £180,000 depending on experience, plus meaningful equity.
Head of Risk employer: Corgi
Corgi in London is an exceptional employer, offering a dynamic and innovative work environment that fosters collaboration and growth. With a strong focus on employee development, competitive salaries, and meaningful equity opportunities, Corgi empowers its team to thrive in the fast-paced insurance sector. Join us to be part of a forward-thinking company that values your expertise and encourages you to make a significant impact.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Risk
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Corgi). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Corgi. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Head of Risk
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Corgi.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Corgi. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Corgi
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Corgi to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Corgi, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Corgi's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
