Outwards Reinsurance Associate

Job Details

Vacancy Name: Outwards Reinsurance Associate

Employment Type: Permanent

Location: London

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.

Where you come in?

We\’re looking for an Outwards Reinsurance Placement Associate, to work alongside our Outwards Reinsurance Manager and Head of Partnerships in the delivery of the plan formation, structuring and placement of Ki\’s outwards reinsurance programme. You\’ll be a key part of a team delivering a critical component of Ki\’s business model. You\’ll support in ensuring the ORI programme is appropriate to the business requirements through the implementation of effective monitoring, reporting and analytical processes whilst supporting on the day-to-day management of the outwards reinsurance placement workload and process for all lines of business.

What you will be doing

• Take ownership of a defined placement workload, applying best process to control and improve the outwards reinsurance placement process.
• Provide workable solutions and recommendations to resolve and reduce barriers within the ORI programme.
• Work closely with the Outwards Reinsurance Manager to produce standard submission exhibits and respond to reinsurer requests for additional information.
• Produce outwards reinsurance information for business planning and strategic purposes.
• Support in providing relevant and insightful information for the group\’s Committees and Boards and act as a central point of contact for internal and external stakeholders regarding the placement process or placement details.

What you will bring to the role

This role will suit a candidate with solid experience of the reinsurance placement process, ideally gained from working within an outwards reinsurance or underwriting team in the London Market or Lloyd\’s of London syndicate. Experience of working across property, casualty, and speciality lines as well as different reinsurance solutions and structures would be highly beneficial. Above all we\’re looking for a keen learner, and strong team player eager to progress within a growing reinsurance team.

What to expect during the recruitment process

1. Initial recruiter screening call
2. Interview with hiring manager
3. Technical Interview (this may vary depending on the role)
4. 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!