Portfolio Manager (£65k-£85k + Equity) at $108M YC-backed AI-native insurance carrier

About the Opportunity

This is a job that Jill, our AI Recruiter, is recruiting for on behalf of one of our customers. She will pick the best candidates from Jack's network.

Job Title

Portfolio Manager

Salary

£65,000–£85,000 + Equity

Company Description

$108M YC-backed AI-native full-stack insurance carrier

Job Description

As the first Portfolio Manager, you will own the performance of an insurance book end-to-end. You will leverage AI-native tools to monitor loss ratios, identify underperforming segments, and lead reinsurance discussions. This is a high-impact opportunity to build the portfolio management function from scratch at a rapidly scaling London startup.

Location

London, UK

Why this role is remarkable

• Direct ownership of the P&L for a high-growth insurance business, moving from zero to one rather than optimizing legacy systems.
• Join a $108M Series B-stage carrier backed by Y Combinator that is fundamentally rewriting how insurance is underwritten and issued.
• Work in an intense, high-conviction environment where proximity drives speed, collaborating directly with the leadership team to shape the company’s financial health.

What You Will Do

• Own portfolio performance by monitoring loss ratios, concentration, and profitability across all product lines to drive sustainable growth.
• Identify underperforming segments and design data-driven interventions across pricing, underwriting guidelines, and distribution channels.
• Lead reinsurance discussions and capital efficiency initiatives while building the dashboards that define how the business views its portfolio health.

About You

The ideal candidate should have:

• 2-5 years of experience in portfolio management, pricing, or underwriting at a traditional carrier or high-growth insurance environment.
• Strong technical capability in interrogating loss triangles and rate adequacy, combined with a commercial mindset to balance growth and profitability.
• High proficiency in data tools (SQL/Python) and a commitment to working in-office six days per week in a fast-paced startup setting.

About Company

Jack and Jill are AI assistants that help connect job seekers with opportunities and employers with potential candidates.

Next steps

1. Visit the job listing.
2. Click 'Talk to Jack', or go straight there: Job Application
3. Talk to Jack so he can understand your experience and ambitions.
4. Jack will make sure Jill considers you for this role.
5. If Jill thinks you're a great fit and her client wants to meet you, they will make the introduction.
6. If not, Jack will find you excellent alternatives. All for free.

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Give Jack a spin! You could land this role or receive valuable assistance in your job search.