IT Risks & Controls Manager, Ki Insurance
2-3 days a week in office (The Leadenhall Building, London)
Algorithmically driven insurance provider
Job no longer available
Algorithmically driven insurance provider
201-500 employees
Job no longer available
2-3 days a week in office (The Leadenhall Building, London)
201-500 employees
Company mission
To digitise the entire follow market, offering multiple capacity quotes all at once, all in one place.
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Company mission
To digitise the entire follow market, offering multiple capacity quotes all at once, all in one place.
69% employee growth in 12 months
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.
Freddie
Company Specialist at Welcome to the Jungle
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
Company values
- Know your customer: Put yourself in their shoes. Understand and balance the different needs of our customers, acting with integrity and empathy to create something excellent
- Grow together: Empower each other to succeed. Recognize the work of our teams, while celebrating individual success. Embrace diverse perspectives so we can develop and grow together
- Be courageous: Think big, push boundaries. Don’t be afraid to fail because that’s how we learn. Test, adapt, improve - always strive to be better
Funding (1 round)
Sep 2020
$500m
GROWTH EQUITY VC
Total funding: $500m
Leadership
Mark Allan
(CEO)Previously a Non Executive Director for Simply Business and comparethemarket. Currently a Director at Sussex Capital and Executive Director at Brit Insurance.
Diversity, Equity & Inclusion at Ki Insurance
- Happy, valued and accepted. These three words capture how we like every employee to feel at work
- Our culture is one where you can be yourself. We think that if you bring your authentic self to work, then you will thrive, and we will too. Building a diverse and inclusive culture doesn’t happen overnight though. It’s a journey that our people are part of
- Take our People Forum for example. Employees can contribute to topics like race, identity, sexual orientation, belonging, disability and mental wellbeing. We encourage our people to meet across teams, share personal stories and understand different perspectives. It puts our people at the heart of shaping our inclusive workplace
- Supporting diversity initiatives such as Pride are part of our way of life here and we already have much to be proud of. Our Gender Pay Gap is similar to our peers and we actively look at ways to improve
- Our aspiration is to encourage everyone to be conscious advocates of diversity and inclusion. It is a very real business priority of ours. Together we will make this happen
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