Reserving Manager in London

Reserving Manager in London

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
K

At a Glance

  • Tasks: Lead a dynamic reserving team and enhance processes using innovative techniques and data science.
  • Company: Join Ki, the fastest growing global algorithmic insurance carrier with a mission to disrupt the industry.
  • Benefits: Enjoy a competitive salary, comprehensive benefits, and recognition for extraordinary efforts.
  • Why this job: Be part of a revolutionary team transforming the insurance market with cutting-edge technology.
  • Qualifications: Qualified actuary with expert reserving knowledge and strong IT skills in Excel, SQL, Python or R.
  • Other info: Unique opportunity to shape the future of reserving in a collaborative and agile environment.

The predicted salary is between 48000 - 72000 £ 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? As Reserving Manager, you will support the Head of Reserving in the delivery of all aspects of quarterly reserving including the quarterly reserving process, internal and experimental reporting and providing relevant inputs from reserving into the IFRS17, Solvency II Technical Provisions and capital parameterisation. Our goal is to create a 'best-in-class' reserving process utilising innovative techniques, data science and feedback from the wider business to continuously improve this process. You will also be responsible for the development of the Reserving Analyst.

What you will be doing: Within this role you will support all quarterly reserving activities, holding responsibility for ensuring appropriate methods, assumptions and judgements with clear justifications and audit trails. You will provide additional actuarial insight to the business in the form of targeted deep-dive reviews, internal model parameterisation and investigating and applying emerging trends into actuarial work. You will also input into the design and evolution of the future state of end-to-end reserving to improve the efficiency and accuracy of all outputs and communications. This is a unique opportunity to join a new team, and to input into the reserve transformation process at its inception. We are looking for a creative thinker, who is eager to use innovative techniques and data science to enhance Ki's commercial insight and approach to reserving. We are seeking a qualified actuary, with expert reserving knowledge and a sound commercial general insurance Lloyd's/company market background.

Requirements: We are looking for a creative thinker, who's eager to lead and develop a growing reserving team. You'll be a qualified actuary (FIA, FFA or equivalent). You'll have expert reserving knowledge and sound commercial general insurance Lloyd's/company market experience. You'll have excellent IT skills, in particular an advanced level of MS Excel and VBA, experience with SQL, Python or R, with a desire to continue developing. Previous experience in managing qualified and student actuaries would be highly beneficial. Be able to prioritise workloads and collaborate effectively within your team and the wider business.

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: Initial recruiter screening call, Interview with hiring manager, Technical Interview (this may vary depending on the role), Values Interview.

Reserving Manager in London employer: Ki

Ki is an exceptional employer that champions innovation and collaboration, making it a thrilling place to work for a Reserving Manager. With a commitment to employee growth, you will have the opportunity to lead a dynamic reserving team while utilising cutting-edge techniques in a supportive environment. Located in the heart of London, Ki offers a competitive remuneration package and a culture that values recognition and rewards extraordinary contributions.
K

Contact Detail:

Ki Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reserving Manager in London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those at Ki or similar companies. A friendly chat can open doors and give you insights that a job description just can't.

✨Tip Number 2

Prepare for your interviews by researching Ki's recent projects and innovations. Show us that you're not just another candidate; demonstrate your passion for revolutionising the insurance market with data science and creativity.

✨Tip Number 3

Practice your technical skills! Brush up on your MS Excel, SQL, Python, or R. We want to see that you can walk the walk, so be ready to showcase your expertise during the technical interview.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, it shows us you're serious about joining our innovative team.

We think you need these skills to ace Reserving Manager in London

Qualified Actuary (FIA, FFA or equivalent)
Expert Reserving Knowledge
Commercial General Insurance Experience
Advanced MS Excel
VBA
SQL
Python
R
Data Science Techniques
Actuarial Insight
Internal Model Parameterisation
Workload Prioritisation
Team Collaboration
Creative Thinking

Some tips for your application 🫡

Show Your Passion: When you're writing your application, let your enthusiasm for the role shine through! We want to see how excited you are about revolutionising the insurance market and using innovative techniques in reserving. Make it personal and relatable!

Tailor Your CV: Don’t just send out a generic CV. Take the time to tailor it to the Reserving Manager position. Highlight your relevant experience, especially in actuarial work and any innovative projects you've been part of. We love seeing how your background aligns with our mission!

Be Clear and Concise: Keep your application clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, so don’t be afraid to show off your skills without fluff!

Apply Through Our Website: Make sure to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Ki!

How to prepare for a job interview at Ki

✨Know Your Numbers

As a Reserving Manager, you'll need to demonstrate your expertise in reserving knowledge. Brush up on key metrics and methodologies relevant to the role. Be prepared to discuss how you would apply these in real-world scenarios, especially in relation to IFRS17 and Solvency II.

✨Showcase Your Tech Skills

Ki values innovation, so make sure to highlight your IT skills. Be ready to talk about your experience with MS Excel, VBA, SQL, Python, or R. Consider preparing a brief example of how you've used these tools to solve a problem or improve a process in your previous roles.

✨Demonstrate Leadership Potential

Since you'll be leading a growing reserving team, it's crucial to showcase your leadership abilities. Share examples of how you've managed teams or mentored junior actuaries. Discuss your approach to collaboration and how you can inspire others to challenge the status quo.

✨Embrace Creativity

Ki is looking for creative thinkers, so don't shy away from sharing innovative ideas during your interview. Think about how you can use data science and emerging trends to enhance the reserving process. Prepare to discuss any unique approaches you've taken in past projects.

Reserving Manager in London
Ki
Location: London

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