At a Glance
- Tasks: Support quarterly reserving processes and enhance commercial insights using innovative techniques.
- Company: Join Ki, a pioneering digital insurance company transforming a 335-year-old market.
- Benefits: Competitive salary, recognition for efforts, and a supportive work environment.
- Why this job: Be part of a revolutionary team shaping the future of insurance with data science.
- Qualifications: Part-qualified actuary with expert reserving knowledge and strong IT skills.
- Other info: Inclusive culture that values creativity and diverse perspectives.
The predicted salary is between 43200 - 72000 £ per year.
Overview
Please visit our careers site to find out more about working at Ki.
Role Details
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.
What you will be doing
As Senior Reserving Analyst, you will support the Head of Reserving and Reserving Manager 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.
Within this role you will support all quarterly reserving activities, holding responsibility for ensuring appropriate methods, assumptions and judgments 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.
What you will bring to the role
- We are looking for a creative thinker, who's eager to lead and develop a growing reserving team.
- You'll be a part-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.
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!
Senior Reserving Analyst in London employer: Innovation Group
Contact Detail:
Innovation Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Reserving Analyst in London
✨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 applications alone can't.
✨Tip Number 2
Prepare for your interviews by understanding Ki's mission and values. Show how your skills align with their innovative approach to reserving and insurance.
✨Tip Number 3
Practice your technical skills! Brush up on your Excel, SQL, and Python knowledge. Being able to demonstrate these during interviews will set you apart.
✨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 Ki team.
We think you need these skills to ace Senior Reserving Analyst in London
Some tips for your application 🫡
Show Your Passion: When you're writing your application, let your enthusiasm for the role shine through! We want to see how excited you are about joining Ki and contributing to our mission of revolutionising the insurance market.
Tailor Your CV: Make sure your CV is tailored to the Senior Reserving Analyst position. Highlight your relevant experience, especially in reserving and data science, and don’t forget to mention any cool projects you've worked on that align with our goals!
Be Clear and Concise: Keep your application clear and to the point. We appreciate well-structured information that’s easy to digest. Use bullet points where necessary and avoid jargon unless it’s relevant to the role.
Apply Through Our Website: Don’t forget to apply through our careers site! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Innovation Group
✨Know Your Numbers
As a Senior Reserving Analyst, you'll need to demonstrate your expertise in reserving techniques and data analysis. Brush up on key actuarial concepts and be ready to discuss how you've applied them in previous roles. Prepare specific examples that showcase your analytical skills and how they contributed to successful outcomes.
✨Showcase Your Tech Skills
Ki values innovation, so make sure to highlight your IT skills, especially in MS Excel, VBA, SQL, Python, or R. Be prepared to discuss any projects where you used these tools to improve processes or solve complex problems. This will show that you're not just a numbers person but also a tech-savvy analyst.
✨Embrace the Culture
Ki is all about collaboration and inclusivity. Familiarise yourself with their values: Know Your Customer, Grow Together, and Be Courageous. Think of examples from your past experiences that align with these values, and be ready to share how you can contribute to their culture during the interview.
✨Prepare for Technical Questions
Expect technical interviews to assess your actuarial knowledge and problem-solving abilities. Review common reserving methodologies and be ready to tackle hypothetical scenarios. Practising with peers or using online resources can help you feel more confident and articulate during this part of the interview.