At a Glance
- Tasks: Join our Casualty Treaty team as a Senior Pricing Actuary, enhancing commercial strategies with innovative actuarial insights.
- Company: Ki is a groundbreaking insurance tech company revolutionizing the industry since 2021, backed by Google and UCL.
- Benefits: Enjoy a competitive salary, flexible work options, and a culture that values diversity and inclusion.
- Why this job: Be part of a dynamic team shaping the future of insurance with creative solutions and impactful work.
- Qualifications: Looking for commercially minded actuaries with experience in deal-level pricing and model development.
- Other info: This role offers direct reporting to the Head of Corporate and Pricing, fostering professional growth.
The predicted salary is between 43200 - 72000 £ per year.
As a Pricing Actuary, you will play a fundamental role within the Casualty Treaty division team. You will work alongside underwriters to enhance Ki’s commercial and strategic approach using creative actuarial insight and innovative solutions, ultimately creating commercial value. If you are a commercially minded pricing actuary, looking to work closely with underwriters and develop class-specific MI and insight, this could be the role for you.
Within this role, you will carry out deal-level pricing for material and complex risks, or facility deals providing challenge and direction. You will manage, maintain and develop the deal-level pricing models including documentation and relevant regulatory reporting and communication. The role will include responsibility for building a best-in-class pricing model, carrying out model validation and recalibration, and creating appropriate governance and documentation of the models.
You will report directly to the Head of Corporate and Pricing within the Actuarial team, supporting them in setting and managing the pricing policy including relevant thresholds and risks. You will work with wider Ki stakeholders, including the algorithmic pricing team, to embed deal-level pricing output into the algorithm and create a joined-up approach to algorithmic pricing and risk selection.
You’ll get a highly competitive remuneration and benefits package, which is kept under constant review to ensure it stays relevant.
Senior Pricing Actuary - Casualty Treaty employer: Ki Insurance
Contact Detail:
Ki Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Actuary - Casualty Treaty
✨Tip Number 1
Familiarize yourself with the latest trends in casualty treaty pricing and actuarial models. This knowledge will not only help you understand the role better but also allow you to engage in meaningful conversations during the interview.
✨Tip Number 2
Network with professionals in the insurance tech industry, especially those who work in pricing or actuarial roles. Attend relevant conferences or webinars to make connections that could provide insights into Ki's culture and expectations.
✨Tip Number 3
Prepare to discuss your experience with deal-level pricing and model validation. Be ready to share specific examples of how you've contributed to pricing strategies in previous roles, as this will demonstrate your capability to add value at Ki.
✨Tip Number 4
Showcase your understanding of algorithmic pricing and risk selection. Highlight any experience you have working with data analytics or technology in pricing, as this aligns with Ki's innovative approach to the insurance industry.
We think you need these skills to ace Senior Pricing Actuary - Casualty Treaty
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Senior Pricing Actuary position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to emphasize relevant experience in pricing, actuarial modeling, and collaboration with underwriters. Use specific examples that demonstrate your ability to create commercial value and manage complex risks.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance tech industry. Mention your understanding of Ki's innovative approach and how you can contribute to their goals, particularly in enhancing pricing models.
Highlight Cultural Fit: In your application, reflect on how your values align with Ki's commitment to inclusion and diversity. Share experiences that demonstrate your ability to work in diverse teams and foster an inclusive environment.
How to prepare for a job interview at Ki Insurance
✨Understand the Role
Make sure you have a clear understanding of the responsibilities of a Senior Pricing Actuary in the Casualty Treaty division. Familiarize yourself with deal-level pricing, model validation, and the importance of regulatory reporting.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with building and maintaining pricing models. Be ready to provide examples of how you've used creative actuarial insights to solve complex problems and create commercial value.
✨Emphasize Collaboration
Highlight your ability to work closely with underwriters and other stakeholders. Discuss any past experiences where you successfully collaborated on projects that required a joined-up approach to pricing and risk selection.
✨Align with Company Culture
Ki values inclusion and diversity, so be prepared to discuss how you contribute to a diverse working environment. Share your thoughts on the importance of different perspectives in enhancing team performance and innovation.