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Reinsurance Pricing Actuary at ki-insurance | London

ki-insuranceLondon, England, United KingdomNew
On-site Full-time $100K/yr - $100K/yr

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Experience Level

Experience

Qualifications

Qualifications:Actuarial qualifications or equivalent experience in pricing and risk assessment. Strong analytical skills with a proven ability to develop and validate pricing models. Experience collaborating with cross-functional teams in a fast-paced environment. Excellent communication skills, able to convey complex information to various stakeholders. Proficiency in relevant programming languages and statistical software.

About the job

Ki-insurance is building new approaches in the insurance market, covering risks from space shuttles to renewable energy projects and athlete protection. Working with partners like Google and UCL, the company uses advanced technology, including algorithms, machine learning, and large language models, to deliver insurance quotes rapidly and efficiently. As the largest global algorithmic insurance carrier and a leading Lloyd's of London syndicate, Ki-insurance has achieved significant growth and profitability within a few years.

Role overview

The Reinsurance Pricing Actuary will shape pricing strategies for the Treaty book and future reinsurance lines. This position works closely with Underwriters to refine risk selection and support commercial and strategic decisions. The actuary will be responsible for deal-level pricing of complex reinsurance risks and facility deals, providing clear guidance and challenge where needed.

What you will do

  • Deliver detailed pricing for the Treaty division, focusing on complex and high-value deals while offering subject matter expertise.
  • Develop and maintain advanced pricing models that go beyond algorithms, applying innovative methods and technology solutions.
  • Validate and recalibrate models, assess the impact of changes, and communicate findings clearly.
  • Ensure strong governance and documentation for pricing models, supporting the Actuarial Director and Head of Pricing with governance and reporting tasks.
  • Work with the Algorithmic Underwriting team to improve class models and contribute expertise to the development of new techniques and data sources.
  • Participate daily in the Treaty division of the Portfolio Underwriting Team, collaborating with Underwriters to drive commercial performance.

About ki-insurance

ki-insurance is a trailblazer in the insurance industry, leveraging technology to provide rapid, innovative solutions for unique risks. With a commitment to excellence, we aim to redefine standards within a historic market.

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