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Having a strong engineering team led by an experienced and capable Lead Engineer is crucial for driving innovation and meeting project deadlines. For a 45-person London-headquartered InsurTech, hiring a Lead Engineer was a priority as they looked to double the size of their engineering team. However, they had faced challenges with the speed of hiring and ensuring a thorough assessment of technical capability, leadership experience, and cultural fit.
Having never recruited for a Lead Engineer role before, they didn’t feel that their existing approach sufficiently tested for the required skills and competencies. As they explored alternative agency support, they were interested in finding a partnership that could not only help them identify suitable candidates but also design an efficient and appropriate hiring process.
Kioni connected with the founder of the InsurTech company and, after two meetings at their offices to discuss the Lead Engineer hire, their culture, and hiring plans for the next 18 months, proposed their contingent model. This model provided three hires at 15% before transitioning onto their regressive pricing model based on candidate salary.
In addition to their flexible partnership model, Kioni provided the InsurTech company with:
Kioni’s approach and understanding of the InsurTech company’s needs led to:
– 11 qualified Lead Engineer candidates were identified.
– 8 candidates progressed to the first round of interviews.
– 7 candidates advanced to the second round.
– 4 candidates reached the final round of interviews.
– 1 outstanding Lead Engineer candidate received and accepted an offer.
Kioni’s process resulted in the following metrics:
– 72% submission-to-interview ratio
– 87.5% first-round to second-round interview progression
– 100% offer acceptance rate
Beyond the successful hire, Kioni’s solution provided significant cost savings for the InsurTech company. Compared to the alternative quotes the founder received, ranging from £3,500 to £7,700, Kioni’s contingent model allowed them to secure the Lead Engineer at a competitive rate.
Kioni’s collaborative approach and tailored solution not only helped the UK-based Series A InsurTech company secure a highly skilled Lead Engineer but also streamlined their hiring process. By truly understanding the company’s unique needs and offering a customised solution, Kioni proved to be an invaluable partner in scaling the engineering team, setting the stage for the InsurTech’s continued growth and innovation.