At a Glance
- Tasks: Collaborate with underwriters to develop and optimise underwriting strategies for specialty risks.
- Company: Ki, a pioneering digital insurance company transforming the industry.
- Benefits: Competitive salary, recognition for efforts, and a supportive work environment.
- Other info: Inclusive culture that values diverse perspectives and fosters innovation.
- Why this job: Join a fast-growing team and make a real impact in the insurance world.
- Qualifications: Experience in specialty insurance and strong negotiation skills.
The predicted salary is between 60000 - 80000 £ 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 and the fastest growing syndicate in the Lloyd's of London market, being 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? You will work alongside the Specialty Underwriters, focusing on Contingency, Terrorism and Personal Accident portfolios. Within this role, you will be a 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.
What you will be doing: 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 algorithm's appetite to optimise revenue generation and business mix.
What you will bring to the role: 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.
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
Ki Values:
- Know Your Customer: Put yourself in their shoes. Understand and balance the different needs of our customers, acting with integrity and empathy to create something excellent.
- Grow Together: Empower each other to succeed. Recognise the work of our teams, while celebrating individual success. Embrace diverse perspectives so we can develop and grow together.
- Be Courageous: Think big, push boundaries. Don’t be afraid to fail because that’s how we learn. Test, adapt, improve - always strive to be better.
Our culture: At Ki, we are committed to creating an inclusive environment where every colleague is valued and respected for who they are and can do the best work of their careers. Inclusion is a critical foundation of our business and people strategies and supports our vision of becoming a market-leading, digital and data-led specialty insurance business. An inclusive workplace fuels innovation because creativity thrives when everyone feels valued, respected, and supported to drive it. So, no matter who you are, where you’re from, how you think, or who you love, we believe you should be you.
What we offer: 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.
If this sounds like a role and a culture that appeals to you, apply now!
Underwriter - Specialty Risks in Cardiff employer: Ki
Ki is an innovative leader in the insurance industry, offering a dynamic work environment that fosters collaboration and creativity. As a Product Manager, you'll be at the forefront of revolutionising insurance with cutting-edge technology, while enjoying a competitive benefits package and opportunities for professional growth. Our agile culture encourages open communication and values every team member's contributions, making Ki an exceptional place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Specialty Risks in Cardiff
✨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). 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. 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 Underwriter - Specialty Risks in Cardiff
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.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Ki. 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
✨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 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, 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'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.
