company

Reserving Manager

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

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Experience Level

Manager

Qualifications

Requirements:A creative thinker eager to lead and develop a growing reserving teamQualified actuary (FIA, FFA, or equivalent)Strong experience in reserving within general insurance, particularly in the Lloyd's marketProficiency in data science and innovative techniques

About the job

Who are we?

At Ki Insurance, we are at the forefront of innovation in the insurance industry, covering everything from space shuttles and world tours to wind farms and even the legs of footballers. Our mission is clear: to digitally disrupt and revolutionize a 335-year-old market.

In collaboration with Google and UCL, we have developed a cutting-edge platform that leverages algorithms, machine learning, and large language models to provide insurance brokers with quotes in mere seconds instead of days.

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

Our teams bring diverse backgrounds and collaborate in an agile, cross-functional environment to deliver unparalleled experiences for our customers. With ambitious goals ahead, we are seeking exceptional minds to help us challenge the status quo and reach new heights.

Your role:

As the Reserving Manager, you will play a pivotal role in supporting the Head of Reserving with all aspects of the quarterly reserving process. This includes internal and experimental reporting, as well as providing crucial inputs for IFRS17, Solvency II Technical Provisions, and capital parameterization. Our aim is to establish a ‘best-in-class’ reserving process by utilizing innovative techniques, data science, and feedback from across the organization to drive continuous improvement. Additionally, you will be responsible for mentoring the Reserving Analyst.

Key Responsibilities:

In this role, you will oversee all quarterly reserving activities, ensuring that we employ appropriate methods, assumptions, and judgments, all backed by clear justifications and audit trails. You will provide valuable actuarial insights through targeted deep-dive reviews, internal model parameterization, and the application of emerging trends to our actuarial work. Furthermore, you will contribute to the design and evolution of an efficient and accurate end-to-end reserving process, enhancing all outputs and communications.

This is a unique opportunity to be part of a new team and influence the reserving transformation process from the ground up. We are looking for a creative thinker eager to utilize innovative techniques and data science to bolster Ki’s commercial insight and approach to reserving. A qualified actuary with extensive reserving knowledge and a solid commercial background in general insurance within the Lloyd's market is essential.

About Ki Insurance

Ki Insurance is a pioneering company in the insurance sector, known for its innovative use of technology to streamline processes and enhance customer experience. With a commitment to disruption and growth, Ki is shaping the future of insurance.

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