Risk Pricing Manager

Hastings Insurance Services Limited; Bexhill-on-Sea; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A digital insurance provider is seeking a leader for their Risk Pricing team to drive profit and growth through innovative pricing models. The ideal candidate will have significant experience in risk pricing and analytics, and be adept at leading teams to deliver insights and foster change. This role includes competitive benefits such as a £5k car allowance, performance bonuses, and flexible hybrid working options, making it an exciting opportunity for driven professionals in the financial services sector.

Benefits

Competitive salary

£5k car allowance

Annual performance bonus

Private medical insurance

Life assurance

Income protection

Pension contributions up to 10%

27 days annual leave

Cycle to work scheme

Access to wellbeing resources

Qualifications

• Experience leading Risk Pricing projects and teams.
• Good understanding of the financial services sector.
• Ability to manipulate numerical/statistical data effectively.

Responsibilities

• Lead a team of Risk Pricing Analysts to meet profit and growth targets.
• Develop new insights through integrating new data and analytical techniques.
• Identify opportunities to improve risk pricing models.

Skills

Leadership

Risk Pricing

Analytical Techniques

Communication Skills

Statistical Data Manipulation

Job description

Overview

Lead a team of Risk Pricing Analysts to deliver overall profit and growth targets for underwriting through adjustments to the risk pricing models.

Responsibilities

• Developing & delivering new insight, including the integration of new data, new analytical techniques and new ways of working
• Identify opportunities to improve risk pricing models to expand competitive footprint or rectify unprofitable segments
• Lead Risk Pricing projects & project teams to generate value for the wider business
• Develop key risk pricing tools and approaches
• Lead and support risk pricing analysts through peer reviews, coaching and mentoring
• Ensure customers\' fair and reasonable expectations are met and provide fair outcomes; question and challenge peers and managers where processes do not meet these expectations and where activities do not place customers\' interests at the heart of the business
• Ensure completion of all training as mandated by the company and regulated by the FCA
• Ensure that direct reports and self achieve and demonstrate levels of competence required to fulfil job requirements
• Comfortable working with numerical/statistical data
• Good skills in using statistical/data manipulation packages (preferred) with aptitude for building advanced skills
• Pro-active approach to driving change
• Critically evaluates information
• Good communication skills, written and verbal
• Confidence to express opinions / challenge
• Pricing/analytics experience in the financial services sector
• Basic knowledge of the Insurance market

About the employer and culture

We're a digital insurance provider with ambitious plans to become the best and biggest in the UK market. We've made investments in our pricing and data capabilities, and nurture our 4Cs culture. Pricing is a strategic capability focused on fair, accurate pricing based on individual risk to support fair outcomes while delivering sustainable growth. We emphasise trust, innovation and precision, and continually improve how we assess, segment and price risk through data and analytics. We are a Disability Confident employer and welcome applications through the Disability Confident Scheme (DCS).

Benefits

Benefits include a competitive salary and £5k car allowance, flexible hybrid working, annual performance bonus, private medical insurance, life assurance, income protection, pension contributions up to 10%, and various wellbeing and financial benefits. Other perks include 27 days annual leave plus bank holidays, cycle to work and tech schemes, health care plans, dental plans, and access to wellbeing resources.

Equal Opportunity

Hastings Group is an equal opportunities employer. We welcome applications from all suitably skilled persons regardless of gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. Our recruitment process may include credit and criminal record checks. If you require reasonable adjustments during recruitment, please let us know. Our recruitment team provides support to ensure a fair and accessible experience for all.