Home Risk Pricing Manager

Hastings Direct; Leicester; On-site; GBP 60,000 - 80,000; Full time

Benefits offered by this job

£5k car allowance

Flexible hybrid working

Annual bonus scheme

Private medical insurance

Life assurance cover

Income protection

Matched pension contributions up to 10%

Mental health support programmes

27 days annual leave plus bank holidays

Job summary

Hastings Direct is seeking a Home Risk Pricing Manager to lead a team in achieving profit and growth targets for home insurance. The position involves analysing data sources to improve risk pricing and supporting the team through coaching and mentoring.

The ideal candidate will have a strong background in general insurance, experience with coding (preferably Python), and excellent communication skills. Competitive salary along with various benefits including flexible hybrid working and annual leave options.

Qualifications

• Strong general insurance background or knowledge preferred.
• Strong analysis and coding experience.
• Experience with Python or other programming languages.

Responsibilities

• Lead a team of 2 analysts to achieve profit and growth targets for home insurance.
• Analyse data to identify opportunities for improving risk pricing.
• Develop and deliver new insights and integrate new data.

Skills

Strong general insurance background or knowledge preferred

Strong analysis and coding experience

Python preferred, but experience with other programming languages acceptable

Comfortable working with and analysing numerical/statistical data

Good written and verbal communication skills

Job description

Home Risk Pricing Manager

Location: Bexhill / Leicester / London.

We’re a digital insurance provider with ambitious plans to become the best and biggest in the UK market. We’ve made huge investments in our pricing and data capabilities over the past few years.

The risk pricing manager will lead a team of 2 analysts to deliver our profit and growth targets for home insurance.

Key Accountabilities

• Prioritise team resources and work stack items to help achieve our home profit and growth targets.
• Analyse various data sources (including loss, policy, quote and market data) to identify opportunities to improve risk pricing.
• Develop and deliver new insight, including integration of new data, innovative techniques, and ways of working.
• Work closely with Actuarial, Data Science, Underwriting, Data Engineering, Account Management, Retail and Counter Fraud / Digital teams.
• Critically review technical models produced by actuaries and data scientists.
• Analyse model outputs to determine the optimal way to combine them and improve the pricing algorithm.
• Identify segments where prices can be improved.
• Create and maintain tools that enable sourcing of new pricing leads on an automated basis.
• Represent the home team on underwriting projects to generate value for the wider business.
• Support the team through peer reviews, coaching and mentoring.
• Ensure fair and reasonable expectations for customers and provide fair outcomes.

What we’re looking for

• Strong general insurance background or knowledge preferred.
• Strong analysis and coding experience.
• Python preferred, but experience with other programming languages acceptable.
• Comfortable working with and analysing numerical/statistical data.
• Inquisitive, curious nature with a thirst for making change.
• Collaborates well with colleagues from own team and other teams.
• Good written and verbal communication skills.

Interview Process

1. Recruiter screening call.
2. Intro call with Hiring Manager (1st round).
3. Case study round (2nd round).

Benefits

Competitive salary, £5k car allowance, flexible hybrid working, annual bonus scheme, private medical insurance, life assurance cover, income protection, matched pension contributions up to 10%, various discounts and cashback, mental health support programmes, 27 days annual leave plus bank holidays with option to buy or sell a week, and more.

As a Disability Confident employer, we are committed to inclusive recruitment processes. We welcome applications through the Disability Confident Scheme (DCS) and from all backgrounds including gender, age, race, disability, ethnic background, religion, sexual orientation, marital/family status.

Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. Please also note that we have a thorough referencing process, which includes credit and criminal record checks.