Senior Product Manager, Ki Insurance

Salary not provided
Mid, Senior and Expert level
London

2-3 days a week in office

Ki Insurance

Algorithmically driven insurance provider

Open for applications

Ki Insurance

Algorithmically driven insurance provider

201-500 employees

FintechB2BInsuranceSaaS

Open for applications

Salary not provided
Mid, Senior and Expert level
London

2-3 days a week in office

201-500 employees

FintechB2BInsuranceSaaS

Company mission

To digitise the entire follow market, offering multiple capacity quotes all at once, all in one place.

Role

Who you are

  • You understand how value is generated in an insurance business and are commercially minded
  • You’ve applied both theory and practical experience to effectively deliver products, building a versatile toolkit adaptable to diverse situations
  • You have a strong track record of taking products from concept to successful outcomes, with a solid grasp of the mechanics behind it
  • You’ve faced failure, learned from it, and used it to grow
  • You’re naturally inquisitive and driven by a desire to learn and explore
  • You excel in navigating ambiguity and focus sharply on finding solutions to real-world problems
  • You’re an exceptional communicator with experience engaging senior stakeholders effectively
  • You’re proactive, pragmatic, and thrive on using your initiative to drive outcomes
  • Experience and understanding of specialty insurance, and how portfolios of business are managed, is a bonus

What the job involves

  • Articulate longer term product direction: Set out the strategic and technical direction for our underwriting tool, to meet the needs of insurer partners, working alongside business development and others in technology
  • Effective product discovery: Employ your strong product skillset to identify the best problems to solve, leading insight gathering with key external partners, and chart a path to delivery in tandem with user research, engineering, and other stakeholders
  • Prioritise squad focus areas: With a bias for data-informed reasoning, strike a balance between foundational work to deliver near term value and longer term priorities that take us closer to our target state – and ensure that the process has been collaborative and clear to others
  • Support product delivery: Encourage effective delivery by validating key assumptions through iterative research and development and supporting the squad to make appropriate trade-offs on scope, impact and timing
  • Articulate the commercial value of the roadmap: Leverage deep commercial understanding, both in terms of how Ki operates and the market opportunity we’re seeking to capitalise on, to communicate the value of the work we do
  • Stakeholder alignment: Drive the discussion with stakeholders across the business on what capabilities will most meaningfully move the business towards both near term and longer term strategic goals and clearly communicate progress towards those goals
  • Work with the Product Management community: Engage openly with the broader Product organisation to identify opportunities for cross-benefit and mitigate against dependencies where possible

Salary benchmarks

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Insights

69% employee growth in 12 months

Company

Company benefits

  • ⛱️ You'll get 27 days of holiday a year to start with—and if you’re craving a bit more downtime, you can top it up to 30 days by buying a few extra days off
  • 🛐 Flexible Bank Holidays: Got a special cultural or religious day you want to celebrate? We've got your back with eight Cultural and Diversity days—you can use these instead of the usual UK bank holidays. It’s all about honouring what’s important to you
  • 🏡 Flexible working: We’re all about flexibility! We’ve got a 50/50 hybrid approach—spend 2 to 3 days a week in our Leadenhall Building office in the heart of London, and work from home the rest of the time. It’s the best of both worlds!
  • 🍼 For enhanced maternity leave, we offer up to 26 weeks of full pay. Shared parental and adoption leave is also available, ensuring you’re supported every step of the way as your family grows
  • 💙 We’ve got your health covered with private medical insurance including pre-existing conditions, access to a virtual GP service and dental cover
  • 🛡️ We’ve got you covered with income protection, giving you peace of mind if the unexpected ever happens
  • 💰 Our non-contributory pension scheme means we invest in your future—no need for you to chip in!
  • 🌿 Mental health: Our Employee Assistance Programme gives you access to a free, 24-hour confidential counselling service—there whenever you need a little extra support
  • 📈 Through our ESOP, you’ll have the chance to invest in Fairfax, our parent company, and share in its growth
  • ❣️ You can take up to 2 extra days off each year to volunteer with our amazing community partners—it’s a chance to give back and make a difference!
  • 🎗️ We love supporting your charitable efforts! The company will match the money you personally raise for a registered charity, as long as you hit a minimum of £100
  • 🪴 We’re serious about growth! Each department gets its own Learning & Development budget to help you level up your skills and thrive
  • 🚃 Season ticket loan: Make your commute easier with an interest-free season ticket loan. The cost is covered upfront, and you’ll repay it in manageable instalments straight from your salary
  • 🚲 Save money and stay active with our Cycle to Work scheme—making it easier to grab a bike and enjoy a greener commute!
  • 🏆 We love celebrating wins! We have various ways to recognise and celebrate successes, shining a spotlight on all the remarkable things our teams achieve
  • 🎉 We love bringing people together! From regular social events to team activities, there’s always something happening to foster connection and collaboration

Funding (1 round)

Sep 2020

$500m

GROWTH EQUITY VC

Total funding: $500m

Our take

Ki is an insurance provider looking to revolutionise the commercial insurance sector. It is entirely digital driven by algorithms, setting risk parameters and managing claims and exposure. It offers instant, on-demand access for users and clients, designed specifically with brokers in mind to evaluate policies and quotes using a platform optimised for efficiency and responsiveness. As part of this, Ki promises to follow leader's terms and always offers an instant line.

Ki is a Lloyd's of London syndicate for providing capital and accepting insurance risks, and was built as a collaboration between Google and specialised insurer Brit. It claims to offer the fastest route for brokers to receive a quote for their clients on the Lloyd's market.

Recent funding has allowed for extensive expansion of the company, and plans include further development into the company's algorithm. The company ultimately looks to establish itself as the centre of the specialist insurance sector to operate efficiently and seamlessly alongside the existing market.

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Freddie

Company Specialist at Welcome to the Jungle