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Reinsurance Pricing Lead at Ki Insurance | London

Ki InsuranceLondon, England, United Kingdom
On-site Full-time

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Experience Level

Manager

Qualifications

Qualifications:Proven experience in reinsurance pricing or a related field. Strong analytical skills with a proficiency in statistical modeling and data interpretation. Excellent communication abilities to convey complex ideas clearly to diverse audiences. Experience with algorithmic pricing and familiarity with machine learning techniques is a plus. Ability to work collaboratively in a dynamic, fast-paced environment.

About the job

Who are we?

At Ki Insurance, we’re not just making headlines; we’re shaping the future of insurance. From insuring space shuttles to footballers' legs, we cover a diverse range of risks.

Our mission is to digitally transform a 335-year-old industry. Partnering with tech giants like Google and UCL, we’ve developed a cutting-edge platform that leverages algorithms, machine learning, and large language models to provide instant quotes to insurance brokers.

As the largest global algorithmic insurance carrier and the fastest-growing syndicate in the Lloyd's of London market, we proudly achieved $100 million in profit within our first three years.

Our diverse teams collaborate in an agile, cross-functional environment, focused on delivering the best customer experience. With ambitious goals ahead, we are seeking innovative minds eager to challenge the status quo and drive us to new heights.

Your Role:

As the Reinsurance Pricing Lead, you will collaborate closely with our Underwriters to ensure the profitability of our portfolio. You'll refine Ki's risk selection process and shape our commercial strategies. This includes executing deal-level pricing for complex reinsurance risks and facility agreements, while providing insights and guidance as needed. You will also develop class-specific management information to communicate effectively with stakeholders across various departments including Underwriting, Portfolio Management, Actuarial, and Algorithmic Underwriting.

Key Responsibilities:

  • Deliver deal-level pricing across divisions, particularly for complex and significant deals, while providing subject matter expertise and market insights.
  • Develop and maintain state-of-the-art pricing models beyond existing algorithms, incorporating innovative techniques and technological solutions.
  • Conduct model validation and recalibration exercises, clearly communicating the implications of any changes.
  • Establish and uphold governance and documentation standards for pricing models, supporting the Actuarial Director and Head of Pricing with necessary reports.
  • Work collaboratively with the Algorithmic Underwriting team to enhance class models, injecting subject matter expertise into the development of new techniques and data sources.
  • Integrate with the Casualty Treaty division team, working alongside Underwriters to refine Ki's commercial and strategic initiatives through advanced actuarial insights.

About Ki Insurance

Ki Insurance is at the forefront of revolutionizing the insurance industry through technology. With significant partnerships and a proven track record, we are committed to delivering innovative solutions and exceptional service in the global insurance landscape.

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