Temporary Actuarial Analyst in London

Temporary Actuarial Analyst in London

London Temporary 25650 - 31350 £ / year (est.) Home office (partial)
Ki Insurance

At a Glance

  • Tasks: Support pricing models and data analysis to drive innovative insurance solutions.
  • Company: Join Ki, the fastest growing global algorithmic insurance carrier.
  • Benefits: Competitive pay, recognition for hard work, and a dynamic work environment.
  • Other info: Collaborative team culture with opportunities for personal and professional growth.
  • Why this job: Kickstart your career in a revolutionary company transforming the insurance industry.
  • Qualifications: Degree in Maths, Statistics, or Actuarial Science; strong analytical skills required.

The predicted salary is between 25650 - 31350 £ 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?

The Temporary Actuarial Analyst role is a fantastic opportunity for an enthusiastic individual looking to kickstart their career in the insurance sector.

You'll work closely with senior actuaries and analysts to support pricing models, data analysis, and reporting processes.

Your work will provide essential insights that contribute to the pricing strategies and risk assessment that keep Ki at the forefront of the industry.

  • What you will be doing: 🖋️
  • Assisting in the development and maintenance of pricing models, ensuring accuracy and relevance.
  • Conducting data analysis to identify trends, valuations, and risk factors that inform underwriting processes.
  • Supporting the team in preparing reports and presentations for stakeholders, summarizing key findings and insights.
  • Collaborating with various teams to ensure data integrity and clear communication of actuarial assumptions.
  • Engaging in ad-hoc projects and analyses as required, contributing to the continuous improvement of actuarial practices within Ki.

Requirements

  • A relevant degree in Mathematics, Statistics, Actuarial Science, or a related field.
  • Strong analytical skills with a good foundation in quantitative analysis.
  • An understanding of actuarial principles and practices is preferred but not mandatory.
  • Proficient in MS Excel; experience with SQL or other programming languages is a plus.
  • Excellent communication skills, both verbal and written, with the ability to convey complex information clearly.
  • A motivated self-starter with a keen interest in the insurance industry.
  • Ability to work collaboratively in a team environment and contribute to collective goals.

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

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

Temporary Actuarial Analyst in London employer: Ki Insurance

Ki Insurance is an exceptional employer, offering a dynamic work environment in the heart of London that fosters collaboration and innovation. With a strong focus on employee development, we provide ample opportunities for growth within the marine insurance sector, alongside competitive benefits and a supportive culture that values teamwork and excellence. Join us to be part of a forward-thinking company that prioritises your professional journey while making a meaningful impact in the industry.

Ki Insurance

Contact Details:

Ki Insurance Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Temporary Actuarial Analyst in London

Tap into Local Agencies

For temporary roles like the one at Ki Insurance, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!

Seasonal Opportunities Are Gold

Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!

Network with Industry Pros

Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!

Showcase Your Flexibility

For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so Ki Insurance knows you can adapt quickly to their needs!

We think you need these skills to ace Temporary Actuarial Analyst in London

Analytical Skills
Quantitative Analysis
Data Analysis
Pricing Models Development
Actuarial Principles Understanding
MS Excel Proficiency
SQL Knowledge

Some tips for your application 🫡

Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!

Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!

Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.

Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch Ki Insurance's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!

How to prepare for a job interview at Ki Insurance

Master the Basics of Underwriting

Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.

Familiarise Yourself with Relevant Regulations

Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at Ki Insurance. This shows you're engaged and knowledgeable.

Highlight Your Flexibility

As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.

Prepare to Discuss Claims Processing

Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.