At a Glance
- Tasks: Maintain and enhance capital modelling capabilities while delivering key regulatory and risk management outputs.
- Company: Join Ki, the fastest growing global algorithmic insurance carrier with a mission to disrupt the industry.
- Benefits: Enjoy a competitive salary, recognition for hard work, and a dynamic work environment.
- Other info: Collaborative culture with opportunities to build relationships across diverse teams.
- Why this job: Be at the forefront of revolutionising insurance with cutting-edge technology and innovative practices.
- Qualifications: Degree in Mathematics and experience in capital modelling or related risk management activities.
The predicted salary is between 56700 - 69300 £ per year.
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 our Capital Modelling Analyst, you'll be at the heart of maintaining, enhancing, and running our capital modelling capabilities.
We're looking for someone to help us deliver key regulatory, risk management, and business outputs, including Solvency Capital Requirement (SCR) submissions and committee reporting.
You'll work closely with colleagues across our Risk, Actuarial, Finance, and Underwriting teams, providing the technical analysis and insights that help us make key decisions and manage our capital.
In this role, you'll combine model operation, development, and documentation, supporting our immediate regulatory deliverables while helping us build the future of our capital modelling framework.
What you will be doing
- Support the maintenance, operation and ongoing development of the capital model to ensure it remains robust, fit for purpose and aligned to business requirements.
- Run the capital model and perform associated analysis to support internal and external reporting requirements.
- Assist with model development activities, including enhancements to methodology, processes and governance.
- Produce key model outputs and analysis to support regulatory submissions, capital assessments and committee materials.
- Maintain clear and accurate documentation covering model methodologies, assumptions, processes and controls.
- Support the parameterisation and validation of risk categories within the capital model.
- Assist with the calculation and reporting of the Solvency II Standard Formula capital requirement.
- Contribute to the calculation of the Margin for Risk (MVM) within Solvency II technical provisions.
- Support reinsurance purchasing activities through capital modelling analysis and insight.
- Build and maintain effective working relationships with stakeholders across Risk, Actuarial, Finance, Underwriting and other business functions.
Requirements
- Degree in Mathematics
- Proficient with Excel and programming (experience within capital modelling software such as Tyche, Igloo or Remetrica is advantageous)
- Experience within capital modelling, actuarial modelling, or related risk management activities within insurance markets
- Knowledge of general insurance markets or life and pensions environments
- Strong communication and stakeholder management skills, with the ability to build productive working relationships across multiple teams.
- Strong analytical and problem-solving capability, with the ability to interpret complex datasets and modelling outputs.
- Ability to work independently, prioritise workload effectively and deliver high-quality outputs to agreed deadlines.
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.
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Capital Modelling Analyst employer: Ki
Ki is an exceptional employer that thrives on innovation and collaboration, making it a fantastic place for a Capital Modelling Analyst to grow their career. With a strong focus on employee development, competitive remuneration, and a culture that celebrates achievements, Ki empowers its team members to challenge the status quo while working on groundbreaking projects in the heart of London. Join us to be part of a dynamic environment where your contributions directly impact the future of insurance.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Modelling Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Ki. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Capital Modelling Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Ki.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Ki's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Ki
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Ki.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Ki will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Ki employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
