Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead the Commercial Pricing team and enhance Ki’s strategic approach using creative actuarial insights.
- Company: Ki is revolutionizing insurance with cutting-edge technology, making it the fastest growing syndicate in Lloyd's.
- Benefits: Enjoy a competitive salary, diverse work culture, and recognition for extraordinary efforts.
- Why this job: Join a dynamic team that values creativity and innovation in a rapidly evolving industry.
- Qualifications: Seeking an experienced senior actuary with a passion for data science and commercial insight.
- Other info: Be part of a diverse and inclusive environment where your unique perspective is valued.
The predicted salary is between 72000 - 108000 £ per year.
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.
Purpose of the Role
As Head of Commercial Pricing, you will play a fundamental role in the actuarial team, enhancing Ki’s commercial and strategic approach using creative actuarial insight across pricing, planning, partner relationships and strategic commercial projects. As a member of the Actuarial Leadership Team, you will work closely with the Actuarial Director to manage and develop the Pricing team.
We are looking for an experienced senior actuary to lead and shape the newly created Commercial Pricing team, part of the wider Ki Actuarial Team, formed in 2024 as part of Ki becoming a standalone entity (from Brit) within Fairfax Group. This role will take ownership of all pricing activity of Ki’s insurance and reinsurance portfolio outside of the Algorithm; a growing book of Property, Speciality and Casualty Insurance facilities and Casualty Treaty business. In addition to core pricing work of case pricing and model development, the wider ambition for this role includes building relationships with underwriters and senior management, feeding into risk selection decisions and strategic direction, and ultimately being a key business partner to the underwriting, reserving, Portfolio Management and Algorithmic Underwriting teams.
If you are a creative thinker eager to use innovative techniques, data science and analysis to enhance commercial insight for the business, this could be the role for you.
Our culture
Inclusion & Diversity is at the heart of our business at Ki. We recognise that diversity in age, race, gender, ethnicity, sexual orientation, physical ability, thought and social background bring richness to our working environment. No matter who you are, where you’re from, how you think, or who you love, we believe you should be you.
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, let us know.
#J-18808-Ljbffr
Head of Commercial Pricing employer: Innovation Group
Contact Detail:
Innovation Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Commercial Pricing
✨Tip Number 1
Familiarize yourself with the latest trends in actuarial science and commercial pricing. Understanding how algorithms and machine learning are transforming the insurance industry will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals in the insurance and actuarial fields, especially those who have experience in commercial pricing. Engaging with industry experts can provide insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your experience in leading teams and managing projects. Highlight specific examples where your leadership has driven successful outcomes in pricing strategies or actuarial projects.
✨Tip Number 4
Showcase your creative thinking and problem-solving skills. Be ready to present innovative ideas on how to enhance commercial insight through data analysis and actuarial techniques during your interview.
We think you need these skills to ace Head of Commercial Pricing
Some tips for your application 🫡
Understand the Company: Familiarize yourself with Ki's mission and values. Highlight how your experience aligns with their goal of digitally disrupting the insurance market.
Tailor Your CV: Make sure your CV reflects your experience in actuarial roles, particularly in pricing and strategic projects. Emphasize any leadership roles and your ability to work cross-functionally.
Craft a Compelling Cover Letter: In your cover letter, express your passion for innovation in the insurance industry. Discuss specific examples of how you've used data science and creative thinking to drive commercial insights.
Showcase Your Soft Skills: Highlight your interpersonal skills and ability to build relationships with stakeholders. Ki values diversity and collaboration, so mention experiences that demonstrate your commitment to these principles.
How to prepare for a job interview at Innovation Group
✨Understand Ki's Mission
Before the interview, make sure you have a solid grasp of Ki's mission to disrupt the insurance market. Familiarize yourself with their innovative use of algorithms and machine learning, as this will show your alignment with their goals.
✨Showcase Your Actuarial Expertise
Be prepared to discuss your experience in pricing, planning, and strategic projects. Highlight specific examples where your actuarial insights led to successful outcomes, as this role requires a strong background in these areas.
✨Emphasize Collaboration Skills
Since the role involves working closely with various teams, demonstrate your ability to collaborate effectively. Share experiences where you successfully partnered with underwriters or other departments to achieve common goals.
✨Express Your Creative Thinking
Ki values creative thinkers who can leverage data science for commercial insight. Prepare to discuss innovative techniques you've used in the past and how you plan to apply them in this role to enhance Ki's pricing strategies.
