At a Glance
- Tasks: Support the Property Portfolio Underwriting team and enhance broker relationships.
- Company: Join Ki, the fastest growing global algorithmic insurance carrier.
- Benefits: Competitive salary, recognition for effort, and a dynamic work environment.
- Other info: Opportunities for professional growth and collaboration with diverse teams.
- Why this job: Be part of a revolutionary team transforming the insurance industry with cutting-edge technology.
- Qualifications: Insurance market experience and strong analytical skills required.
The predicted salary is between 58540 - 71548 £ per year.
- Description
- 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?
As an Assistant Underwriter at Ki, you’ll support our Property Portfolio Underwriting team in delivering our underwriting strategy, portfolio objectives, and broker engagement activity.
This role combines underwriting support, portfolio analysis, and stakeholder management to help us drive profitable growth and maintain strong market relationships.
We work closely with our Underwriters and analytical teams—including Exposure Management, Actuarial, Portfolio Management, and Operations—to contribute directly to pricing, portfolio optimisation, reporting, and process improvement.
You’ll play a key role in supporting both new and renewal business, helping us enhance our portfolio insights, boost operational efficiency, and deliver an outstanding broker experience.
- What you will be doing: 🖋️
- Support the Property underwriting team, as well as working collaboratively with the various analytical functions at Ki
- Prepare pricing information for Underwriters ahead of facility/binder renewals, referring to underwriting and actuarial as appropriate, and leveraging traditional actuarial and machine learning approaches to support Ki’s model.
- Maintain key broker relationships in conjunction with Underwriting. Liaising with brokers/clients on queries and feeding information back internally.
- Establish and maintain knowledge of internal controls and all procedures relating to underwriting.
Ensuring that business is being carried out within underwriting control framework and approved business plan, subject to individual authorisation levels, referring to the Portfolio Underwriter as appropriate.
- Take an active role in managing the triage and engagement on Ki’s renewal portfolio, by leading (or co-leading) weekly pod meetings with a demonstrated understanding of Ki’s strategy and appetite, to help identify business priority workstreams.
- Ensure that broker feedback and requests are effectively recorded and referred to the Underwriters to drive continuous improvements to Ki’s products and services.
- Support in regular Portfolio Trading updates and portfolio retros to ensure key senior stakeholders are updated and satisfied with direction and performance.
- Work on company-wide projects, developing an understanding of the development, algorithm, and engineering teams.
Requirements
Requirements
- ACII, IFOA or equivalent professional qualification, or actively working towards qualification.
- Demonstrated insurance market experience within the London Market, including exposure to underwriting, portfolio analysis or pricing activities.
- Knowledge of Property insurance products, underwriting principles and portfolio management concepts.
- Commercial awareness and understanding of market dynamics that influence underwriting performance.
- Understanding of insurance regulatory requirements, governance frameworks and underwriting controls.
- Strong analytical and numerical capabilities, with the ability to interpret data and generate meaningful insights.
- Excellent communication skills with the ability to build effective stakeholder relationships.
- Strong organisational skills with the ability to manage multiple priorities and deadlines.
- Advanced Microsoft Office skills, particularly Excel, Word and Outlook.
- Experience producing management information, reports and portfolio analysis.
Benefits
Benefits
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.
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
Assistant Underwriter - Property Worldwide in London employer: Ki Insurance
Ki is an exceptional employer, offering a dynamic and innovative work environment at the forefront of the insurance industry. With a strong focus on employee growth, Ki provides opportunities for professional development and encourages collaboration across diverse teams. Located in the heart of London, employees benefit from a competitive remuneration package and a culture that values recognition and rewards outstanding contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Underwriter - Property Worldwide in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Ki Insurance). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Ki Insurance. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Assistant Underwriter - Property Worldwide in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Ki Insurance.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Ki Insurance. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Ki Insurance
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Ki Insurance to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Ki Insurance, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Ki Insurance's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.