At a Glance
- Tasks: Lead and scale risk management across innovative insurance entities using AI.
- Company: Join a rapidly growing AI-native insurance company valued at $2.6B.
- Benefits: Competitive salary, equity options, and the chance to shape the future of insurance.
- Other info: Fast-paced startup culture with opportunities for international expansion.
- Why this job: Directly influence risk strategies and work closely with founders in a dynamic environment.
- Qualifications: 8+ years in P&C insurance with strong actuarial or underwriting experience.
The predicted salary is between 70000 - 90000 £ 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 in London employer: Corgi
Corgi is an innovative and dynamic employer, offering a unique opportunity to shape the future of insurance with cutting-edge AI technology. Our London-based team thrives in a fast-paced, collaborative environment that values high agency and low bureaucracy, ensuring that every employee has a meaningful impact on our growth and success. With competitive compensation, equity options, and a commitment to professional development, we empower our employees to excel and grow alongside the company as we expand into new markets.
