Senior Data Scientist

Hastings Insurance Services; Leicester; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A digital insurance provider is seeking a Senior Data Scientist to lead projects delivering predictive models and data assets for pricing strategies. This role involves mentoring a small team and applying advanced machine learning techniques to improve pricing outcomes. Candidates should have experience in predictive modelling within a General Insurance context, along with solid skills in Python and SQL. The company promotes a flexible working environment and offers a comprehensive benefits package.

Benefits

Flexible working

Competitive bonus scheme

Private medical insurance

Life assurance cover

Mental wellbeing programme

27 days annual leave

Qualifications

• Experience in Predictive Modelling in General Insurance pricing.
• Skilled in developing models in Python with Data Science libraries.
• Strong SQL coding ability for data manipulation.

Responsibilities

• Lead technical projects to create analytical tools for pricing.
• Develop models to predict claims outcomes and fraud.
• Manage and mentor junior members of the Technical Pricing team.

Skills

Predictive Modelling

Python

Machine Learning

SQL

Stakeholder Management

Tools

GitHub

Job description

Job title: Senior Data Scientist

Location: London / Leicester / Bexhill

Welcome to Hastings Direct

We’re a digital insurance provider with a clear strategy to become the best and biggest player in the UK market. As a company we’ve made huge investments in our technology pricing data and analytics capabilities over the past few years along with nurturing our 4Cs culture and substantial investment in our people. And as a Finance team we’re doing exactly the same building a market‑leading finance technology platform investing in our team and our approach to leadership development with a real focus on commercially adding value to the business.

The fact you’re now reading this job advert means we’ve tempted you to find out more about life at HD. If you like what you see we hope you’ll consider joining our team.

We have high standards and understand some people may not apply for jobs unless they feel they tick every box. If you’re excited about joining us and think you have some of what we are looking for even if you’re not 100% sure we would love to hear from you.

Role overview

The Senior Data Scientist will oversee projects and modelling exercises which deliver cutting‑edge data assets and predictive models that feed into Hastings market‑leading pricing activities. This role is within a combined team of Actuaries and Data Scientists championing the adoption of the latest machine learning (ML) techniques to leverage powerful insights from vast amounts of customer information that traditional modelling techniques cannot.

The Senior Data Scientist will use their understanding of data science techniques to solve insurance problems and to deliver claims cost models. Established traditional techniques but we are looking to leverage advanced ML techniques to maximise commercial value while ensuring a fair outcome for customers. The DS Manager would manage a small team who would assist the creation of models and would require mentoring and support in their development.

The role would suit a Data Scientist with a track record of delivering General Insurance pricing models or a newly / nearly qualified Actuary with experience and a keen interest in Data Science.

Key Responsibilities

• Taking the technical lead in projects that create and maintain analytical tools to support our technical models with serve as the foundation for our premium.
• Develop best‑in‑class models to predict claims outcomes fraud and other KPIs
• Engineer powerful new rating factors to be deployed into our rating algorithms as well as understanding their impact and value
• Identify analyse and monetise new data sources
• Manage and mentor more junior members of the Technical Pricing team
• Ensure robustness of models across both traditional and non‑traditional model types

Essential skills / experience

• Experience undertaking Predictive Modelling including the use of GBMs in a General Insurance pricing environment.
• Experience in the creation and development of models in Python using the main Data Science libraries.
• Keen interest in emerging ML techniques and the opportunities that these present for insurance companies.
• Experience in the delivery of large model reviews from initial modelling to implementation.
• Strong Structured Query Language (SQL) coding skills and being comfortable with data manipulation.
• Stakeholder management and communication skills with the ability to present technical ideas to a non‑technical audience.

Desirable

• Experience in a Personal Lines pricing team (motor or home).
• Experience with using GitHub for version control and as a code collaboration tool.
• Eagerness to work cross‑functionally with Data Engineers, Data Scientists, Actuaries and Risk Pricing Analysts.
• Experience of the application of non‑traditional techniques to pricing.

The interview process

• Recruiter screening call
• 1st stage interview Initial Intro with hiring leader
• 2nd interview (Technical) will include panel
• 3rd call with Hiring Leader

As a Disability Confident employer we’re committed to ensuring our recruitment processes are fully inclusive. What this means to you is if you’re applying for a job with us you’ll have fair access to support and adjustments throughout your recruitment journey. We also welcome applications through the Disability Confident Scheme (DCS). For more information on the DCS please visit our inclusive business page on our careers website.

Benefits

• Flexible working – we champion a flexible hybrid working approach. Please speak to your recruiter to discuss in more detail.
• Competitive bonus scheme – all colleagues are eligible for our annual 4Cs performance bonus.
• Physical wellbeing – as a Band 4 colleague Hastings pays for you to receive private medical insurance (PMI). This gives you flexibility and convenience to see a specialist or consultant and allows you to decide when and where you will be seen.
• Financial wellbeing – we provide you with 4× your salary with our life assurance cover, income protection at no extra cost and matched pension contributions up to 10%. We also offer an award‑winning package which includes discounts, cashback, free independent mortgage advice and free access to financial wellbeing support.
• Mental wellbeing programme – we have the Thrive mental health app, our colleague assistance programme available 24/7, our own in‑house mental health first aiders, support groups and a dedicated team to make sure we are covering your needs.
• 27 days annual leave, bank holidays with the option to buy or sell one of your weeks.
• Access to our health care cash back plans, dental plans, discounted health assessments, cycle to work and tech schemes, discounted and free on‑site facilities, social events throughout the year and much more.

Join us and you’ll find a different way of doing things. We call it the 4Cs. We focus on getting it right for our colleagues, customers, company and community. As one of our colleagues you’ll be helping to drive our growth so in return we’ll give you all the support, training and development you need. Our 4Cs principles are simple: we believe by creating the right culture for our colleagues and giving them the right tools to do their job well, we deliver good outcomes for every customer, helping us to grow the company profitably and sustainably and allowing us to invest in the communities we serve.

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.

At Hastings Direct we’re committed to creating an inclusive environment where everyone has the opportunity to succeed. If you require any reasonable adjustments during the recruitment process we encourage you to be open with us. Our recruitment team is here to provide the support you need to ensure a fair and accessible experience for all.

Employment Type: Full‑Time

Vacancy: 1