Commercial Insurance Underwriter
Commercial Insurance Underwriter

Commercial Insurance Underwriter

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
K

At a Glance

  • Tasks: Join our team to shape underwriting strategies and drive profitable business decisions.
  • Company: Ki is a leading global algorithmic insurance carrier, innovating with cutting-edge technology.
  • Benefits: Enjoy competitive pay, flexible work options, and a vibrant, inclusive culture.
  • Why this job: Be part of a dynamic team that challenges norms and makes a real impact in the insurance industry.
  • Qualifications: Experience in Specialty insurance and strong negotiation skills are essential.
  • Other info: Diversity and inclusion are core values at Ki, enriching our workplace.

The predicted salary is between 43200 - 72000 £ per year.

Think space shuttles, world tours, wind farms, and even footballers’ legs. 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. 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.

You will work alongside the Portfolio Management team, acting as 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. You will be required to capitalise on existing market relationships to ensure visibility in the London Market, working alongside the Account Manager to define, develop and deliver the KiDS underwriting strategy and its translation amongst our brokers.

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 algorithms appetite to optimise revenue generation and business mix.

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 would 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.

Inclusion & Diversity is at the heart of our business at Ki. We recognise that diversity in age, race, gender, ethnicity, sexual orientation, physical ability, thought and social background bring richness to our working environment. You will get a highly competitive remuneration and benefits package.

Commercial Insurance Underwriter employer: Ki

Ki is an exceptional employer, offering a dynamic work culture that thrives on innovation and collaboration in the heart of London. With a strong focus on inclusion and diversity, employees are encouraged to bring their unique perspectives to the table, fostering an environment where creativity and growth flourish. The company provides a highly competitive remuneration and benefits package, alongside ample opportunities for professional development, making it an ideal place for those looking to make a meaningful impact in the commercial insurance sector.
K

Contact Detail:

Ki Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Commercial Insurance Underwriter

✨Tip Number 1

Familiarise yourself with the latest trends in algorithmic insurance and how they impact underwriting strategies. Understanding the technology behind Ki's platform will give you an edge in discussions during interviews.

✨Tip Number 2

Network with professionals in the Lloyd's market, especially those involved in Specialty insurance lines. Building relationships can provide insights into the role and may even lead to referrals.

✨Tip Number 3

Prepare to discuss your experience in developing commercially viable strategies. Be ready to share specific examples of how you've successfully navigated challenges in previous roles.

✨Tip Number 4

Showcase your negotiation and communication skills by engaging in mock interviews or discussions with peers. This practice can help you articulate your thoughts clearly and confidently when it matters most.

We think you need these skills to ace Commercial Insurance Underwriter

Commercial Awareness
Negotiation Skills
Relationship Management
Analytical Skills
Market Research
Specialty Insurance Knowledge
Portfolio Management
Strategic Thinking
Communication Skills
Agile Methodologies
Data Analysis
Problem-Solving Skills
Understanding of Legal Considerations
Revenue Strategy Development

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in commercial insurance and any specific knowledge of Specialty insurance lines within the Lloyds market. Use keywords from the job description to demonstrate your fit for the role.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss your track record in building commercially viable strategies and how your skills as a negotiator and communicator will benefit Ki.

Showcase Your Understanding of the Market: Demonstrate your understanding of the insurance market by mentioning specific trends or opportunities you’ve identified. This shows that you are proactive and knowledgeable, which is crucial for the role.

Highlight Collaboration Skills: Since the role involves working with various teams, emphasise your ability to collaborate effectively. Provide examples of past experiences where you successfully worked alongside others to achieve common goals.

How to prepare for a job interview at Ki

✨Understand the Company and Its Innovations

Before the interview, make sure to research Ki's platform and its use of algorithms and machine learning in the insurance industry. Being able to discuss how these innovations impact underwriting strategies will show your genuine interest and understanding of the role.

✨Highlight Your Relationship-Building Skills

Since the role involves leveraging existing market relationships, prepare examples from your past experiences where you successfully built and maintained professional relationships. This will demonstrate your ability to collaborate effectively with brokers and other stakeholders.

✨Showcase Your Knowledge of Specialty Insurance Lines

Brush up on your knowledge of Specialty insurance lines within the Lloyds market. Be ready to discuss specific classes of insurance and any relevant legal considerations, as this will be crucial for the decision-making process in underwriting.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving skills and strategic thinking. Think about how you would approach developing and optimising underwriting strategies based on market feedback and distribution partner insights.

Commercial Insurance Underwriter
Ki
K
  • Commercial Insurance Underwriter

    London
    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-05-30

  • K

    Ki

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