Underwriter - Commercial Worldwide

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Job Details: Underwriter – Commercial Worldwide

Full details of the job.

Vacancy Name: Underwriter – Commercial Worldwide

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.

Purpose of the Role

You\’ll work alongside the Portfolio Management team, acting as part of the decision-making process and help define, develop and deliver the underwriting strategy to ensure that profitable business is written. You will bring an understanding of the market and identify new opportunity areas, wordings and legal considerations of a class as well as leveraging existing relationships for Ki. You\’ll be required to capitalise on existing market relationships to ensure visibility in the London Market, working alongside the Account Manager to define, develop and deliver the KiDS underwriting strategy and its translation amongst our brokers.

Based on existing class knowledge, you will work with the Underwriting Directors, Portfolio Underwriters and Portfolio Management Team to constantly update underwriting strategies by class. Collaborate with Portfolio Management to focus on areas of the portfolio and review based on distribution partner and market feedback, optimise the commercial lens of the algorithm by giving updates from the market, distribution partners and competitors, develop the revenue strategy with input from the algorithms appetite to optimise revenue generation and business mix.

If you have a track record of success in building and executing commercially viable strategies, are an excellent negotiator, communicator and relationship builder and have an in-depth knowledge of Specialty insurance lines within the Lloyds market, we\’d love to hear from you. If you are interested in working alongside underwriters, portfolio management and account management to drive underwriting performance 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.

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