At a Glance
- Tasks: Join our team as a Reserving Analyst and shape the future of insurance with data-driven insights.
- Company: Ki, the fastest growing algorithmic insurance carrier in London.
- Benefits: Competitive salary, recognition for hard work, and a supportive work culture.
- Why this job: Be part of a transformative team using innovative techniques to redefine reserving processes.
- Qualifications: Numerate degree, IT skills in Excel, VBA, SQL, Python or R, and a passion for creativity.
- Other info: Inclusive environment fostering collaboration and personal growth.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Employment Type: Permanent
Location: London
Role Details
Who are we?
Ki insures with a platform that uses algorithms, machine learning and large language models to give insurance brokers quotes in seconds. Ki is the biggest global algorithmic insurance carrier and the fastest growing syndicate in the Lloyd's of London market. Ki has big ambitions to challenge the status quo and reach new horizons. We work in an agile, cross-functional way to build the best experience for our customers.
What you will be doing:
As a Reserving Analyst, you will play an integral part in the success of our reserving team. In conjunction with the Reserving Managers, you will work closely with the relevant Underwriting teams and support other group functions in respect of actuarial reserving. This will include the design and maintenance of reserving tools, the processing of reserving data, the validation and interpretation of results and production of reports as well as business planning. Within this role you will undertake the production of the quarterly reserving study for Ki, calculating the best estimate reserves and currency allocations. You will assist in the evolution of the future state of reserving through development of new processes to ensure accuracy in outputs and communications and to create a 'best-in-class' reserving process. You will undertake an appropriate level of analysis to support business decisions and provide additional insight to the business to understand key drivers and uncertainties behind claims emergence. This is a unique opportunity to join a new team and contribute to 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 candidates from graduate to part-qualified level, eager to become a qualified actuary.
What you will bring to the role:
- We are looking for a creative thinker who is eager to grow in an established reserving team.
- You will have a desire to pursue an actuarial qualification.
- You will have obtained a relevant, numerate degree with a good overall grade.
- You will 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.
- You have a desire to bring creative and innovative solutions.
- You can prioritise workloads and collaborate effectively within your team and the wider business.
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
Ki Values:
- Know Your Customer: Put yourself in their shoes. Understand and balance the different needs of our customers, acting with integrity and empathy to create something excellent.
- Grow Together: Empower each other to succeed. Recognise the work of our teams, while celebrating individual success. Embrace diverse perspectives so we can develop and grow together.
- Be Courageous: Think big, push boundaries. Don't be afraid to fail because that's how we learn. Test, adapt, improve - always strive to be better.
Our culture:
At Ki, we are committed to creating an inclusive environment where every colleague is valued and respected for who they are and can do the best work of their careers. Inclusion is a critical foundation of our business and people strategies and supports our vision of becoming a market-leading, digital and data-led specialty insurance business. An inclusive workplace fuels innovation because creativity thrives when everyone feels valued, respected, and supported to drive it. So, no matter who you are, where you're from, how you think, or who you love, we believe you should be you.
What we offer:
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, apply now.
Reserving Analyst in England employer: Innovation Group
Contact Detail:
Innovation Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving Analyst in England
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Ki. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for your interviews by understanding Ki's values and culture. Show how you embody 'Know Your Customer' and 'Grow Together' in your past experiences.
✨Tip Number 3
Brush up on your technical skills! Be ready to discuss your experience with Excel, SQL, or Python during the technical interview. Practice makes perfect!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed and shows your enthusiasm for joining the team.
We think you need these skills to ace Reserving Analyst in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Reserving Analyst role. Highlight your numerical degree, IT skills, and any relevant projects or coursework that showcase your analytical abilities.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're excited about joining Ki and how you can contribute to our reserving team. Be sure to mention your passion for innovative solutions and your eagerness to grow in the actuarial field.
Showcase Your Technical Skills: Since we value advanced IT skills, make sure to mention your proficiency in MS Excel, VBA, SQL, Python, or R. If you've worked on any relevant projects, don’t hesitate to include those details to demonstrate your capabilities.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at Ki!
How to prepare for a job interview at Innovation Group
✨Know Your Numbers
As a Reserving Analyst, you'll be dealing with data and calculations. Brush up on your actuarial concepts and be ready to discuss how you would approach the quarterly reserving study. Show them you can interpret results and understand key drivers behind claims emergence.
✨Show Off Your Tech Skills
Ki values advanced IT skills, especially in MS Excel, VBA, SQL, Python, or R. Be prepared to demonstrate your proficiency in these areas during the technical interview. Maybe even bring a small project or example of your work to showcase your abilities!
✨Embrace Creativity
They’re looking for a creative thinker! Think about innovative solutions you've implemented in past projects or studies. Be ready to discuss how you can contribute to developing new processes that enhance accuracy and efficiency in reserving.
✨Align with Ki's Values
Familiarise yourself with Ki's core values: Know Your Customer, Grow Together, and Be Courageous. Prepare examples from your experience that reflect these values. This will show that you not only fit the role but also the company culture.