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Senior Pricing Actuary
2 months ago
Vacancy Name: Senior Pricing Actuary - Casualty Treaty
Employment Type: Permanent
Location: London
Company Overview:
Ki Insurance is a leading global insurance technology company that revolutionizes the way insurance brokers place risk. With a platform that enables fast and frictionless risk placement, Ki has achieved significant growth since its inception in 2021. The company has written over $877m in gross written premium in 2023 and is backed by investors who share its vision of transforming the insurance industry.
Job Summary:
The Senior Pricing Actuary will play a critical role in the Casualty Treaty division team, working closely with underwriters to enhance Ki's commercial and strategic approach. The successful candidate will be responsible for deal-level pricing for material and complex risks, managing and maintaining deal-level pricing models, and developing best-in-class pricing models. The role requires strong actuarial skills, commercial acumen, and the ability to work collaboratively with stakeholders.
Key Responsibilities:
- Carry out deal-level pricing for material and complex risks, or facility deals
- Manage, maintain, and develop deal-level pricing models, including documentation and relevant regulatory reporting and communication
- Build and maintain best-in-class pricing models, carry out model validation and recalibration, and create appropriate governance and documentation of the models
- Support the Head of Corporate and Pricing in setting and managing the pricing policy, including relevant thresholds and risks
- Work with the algorithmic pricing team to embed deal-level pricing output into the algorithm and create a joined-up approach to algorithmic pricing and risk selection
Requirements:
The ideal candidate will have a strong background in actuarial science, commercial acuity, and excellent communication skills. They will be able to work collaboratively with stakeholders, think creatively, and drive commercial value. The role requires a high level of technical expertise, business acumen, and the ability to work in a fast-paced environment.
What We Offer:
Ki Insurance offers a highly competitive remuneration and benefits package, which is kept under constant review to ensure it stays relevant. The company values diversity and inclusion and is committed to creating a workplace that is rich in diversity and free from bias.