Portfolio Underwriter

Portfolio Underwriter

London Full-Time 43200 - 72000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead underwriting for Financial and Professional Lines, optimising strategies and ensuring profitability.
  • Company: Join Ki, a pioneering insurance tech company transforming a 333-year-old industry with innovative solutions.
  • Benefits: Enjoy competitive pay, diverse culture, and recognition for your hard work in a supportive environment.
  • Why this job: Be part of a revolutionary team shaping the future of insurance while promoting inclusion and diversity.
  • Qualifications: Experience in underwriting and strong analytical skills are essential for this role.
  • Other info: Work in London with opportunities to collaborate with top partners like Google and UCL.

The predicted salary is between 43200 - 72000 Β£ per year.

Overview Please visit our careers site to find out more about working at KiFull details of the job.Vacancy NameEmployment TypePermanentLocationLondonRole Details Who are we? Ki insures in varied and ambitious fields, including space shuttles, world tours, wind farms, and even footballers\’ legs. Ki aims to digitally disrupt and revolutionise a 335-year-old market. Collaborations with Google and UCL have produced a platform using algorithms, machine learning and large language models to give insurance brokers quotes in seconds. Ki is the biggest global algorithmic insurance carrier, the fastest growing syndicate in Lloyd\\\’s of London, and the first to reach $100m in profit in 3 years. Ki\’s teams work in an agile, cross-functional way to deliver the best experience for customers. Ki has big ambitions and seeks excellent minds to challenge the status quo.Where you come in You will work alongside the Underwriting Director for Casualty, taking primary responsibility for FI & D&O lines. You will be chiefly responsible for adherence to the agreed business plan and underwriting performance for this class of business.What you will be doing You will work with the Portfolio Management team to define and optimise annual plan strategy based on market conditions.With the Underwriting Director you will set underwriting appetite to ensure the KiDS portfolio aligns with it, maintaining a profitable portfolio.You will provide leadership and development guidance to directly reporting Underwriters and assist in strategic conversations with Broker partners to communicate underwriting appetite and rationale.You will work with the Algorithmic and Pricing teams as the subject matter expert to shape underwriting, pricing and distribution models.You will be accountable for providing insight for various committees (Portfolio Underwriting Committee, Underwriting Governance Committee, Performance vs Plan, Reserving Committee, Major Loss Panel).Recruitment process Initial recruiter screening callInterview with hiring managerTechnical Interview (may vary by role)Values InterviewKi Values Know Your Customer: Put yourself in their shoes. Understand and balance customer needs with integrity and empathy to create something excellent.Grow Together: Empower each other to succeed. Recognise team efforts, celebrate individual success, and embrace diverse perspectives.Be Courageous: Think big, push boundaries. Don\’t fear failure; learn from it and strive to improve.Our culture Ki is committed to 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 foundation of our business and people strategies, supporting a 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. 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 receive a highly competitive remuneration and benefits package which is regularly reviewed. We acknowledge and reward extraordinary effort by teams or individuals.If this sounds like a role and a culture that appeals to you, apply now!

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Portfolio Underwriter employer: Innovation Group

At Ki, we pride ourselves on being a pioneering force in the insurance tech industry, offering a dynamic work environment in London that fosters innovation and collaboration. Our commitment to inclusion and diversity ensures that every employee feels valued and empowered, while our competitive remuneration and benefits package reflects our dedication to recognising hard work and extraordinary contributions. With ample opportunities for professional growth and development, joining Ki means becoming part of a forward-thinking team that is reshaping the future of insurance.
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Contact Detail:

Innovation Group Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Portfolio Underwriter

✨Tip Number 1

Familiarise yourself with the latest trends in the specialty insurance market. Understanding how technology is transforming this sector, especially through platforms like Ki, will help you demonstrate your knowledge during interviews.

✨Tip Number 2

Network with professionals in the insurance tech industry. Attend relevant events or webinars to connect with people who work at Ki or similar companies. This can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss your experience with financial and professional lines of insurance. Be ready to share specific examples of how you've successfully managed portfolios or contributed to underwriting performance in previous roles.

✨Tip Number 4

Showcase your leadership skills and ability to collaborate with cross-functional teams. Highlight any past experiences where you've worked closely with underwriting, pricing, or algorithmic teams to achieve business goals.

We think you need these skills to ace Portfolio Underwriter

Underwriting Expertise
Financial Analysis
Risk Assessment
Portfolio Management
Market Knowledge
Leadership Skills
Communication Skills
Strategic Planning
Data Analysis
Collaboration with Brokers
Regulatory Compliance
Performance Monitoring
Problem-Solving Skills
Adaptability to Market Changes

Some tips for your application 🫑

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Portfolio Underwriter at Ki. Familiarise yourself with the key aspects of the role, such as underwriting performance and portfolio management.

Tailor Your CV: Customise your CV to highlight relevant experience in financial and professional lines underwriting. Emphasise any leadership roles or strategic contributions you've made in previous positions.

Craft a Compelling Cover Letter: Write a cover letter that reflects your understanding of Ki's mission and culture. Mention how your skills align with their goals, particularly in digitising the insurance market and working collaboratively with teams.

Showcase Your Knowledge: In your application, demonstrate your knowledge of the specialty insurance market and any relevant technologies. This could include mentioning your experience with algorithmic pricing or insights into market conditions.

How to prepare for a job interview at Innovation Group

✨Understand the Company and Its Culture

Before your interview, take some time to research Ki and its unique position in the insurance tech industry. Familiarise yourself with their values around inclusion and diversity, as well as their innovative approach to digitising the specialty insurance market.

✨Showcase Your Underwriting Expertise

Be prepared to discuss your experience with Financial and Professional Lines underwriting. Highlight specific examples where you've successfully managed portfolios or contributed to strategic conversations, as this will demonstrate your capability to align with Ki's business plan.

✨Prepare for Technical Questions

Expect questions that assess your knowledge of underwriting principles, market conditions, and risk assessment. Brush up on relevant terminology and be ready to explain how you would apply your expertise to enhance Ki's underwriting performance.

✨Demonstrate Leadership Skills

Since the role involves providing guidance to other underwriters, be ready to share examples of how you've led teams or mentored colleagues in the past. This will show that you can contribute to the development of others while aligning with Ki's collaborative culture.

Portfolio Underwriter
Innovation Group
Location: London
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