Senior Home Actuarial & Data Science Manager

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

Job summary

A leading digital insurance provider in the UK is seeking a Senior Pricing Manager to lead a team of Actuaries and Data Scientists in developing robust pricing models for home insurance products. This role requires a strong background in technical modelling and machine learning, with a focus on delivering commercial value and influencing decision-making across functions. The ideal candidate will have a deep understanding of home insurance pricing and excellent communication skills. The company offers flexible working arrangements and a competitive benefits package.

Benefits

Flexible working

Competitive bonus scheme

Private medical insurance

Life assurance cover

Matched pension contributions

Mental wellbeing programme

Qualifications

• Experience in both traditional actuarial methods and modern machine learning.
• Proven track record of delivering commercial value.
• Deep understanding of peril-based modelling in home insurance.

Responsibilities

• Lead a cross-functional team of Actuaries and Data Scientists.
• Oversee creation of peril models and risk scores.
• Collaborate with stakeholders to align models with business needs.

Skills

Strong technical modelling skills

Data science in an insurance context

Home insurance pricing

Communication skills

Stakeholder influence

Job description

Overview

We are looking for a highly capable and collaborative Senior Pricing Manager to drive the development of advanced data science solutions that support Hastings' market-leading pricing strategies for Home insurance products. This role leads a mixed team of Actuaries and Data Scientists, working together to develop peril models, feeder models, and risk scores that underpin pricing and underwriting decisions across our Home insurance portfolio. The team plays a critical role in supporting the growth of our Buildings Only, Contents Only, and Combined (Buildings + Contents) offerings, ensuring each is priced accurately and competitively. We are 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.

Key Responsibilities

• Lead and manage a cross-functional team of Actuaries and Data Scientists, fostering collaboration and innovation in the development of pricing models and risk-based analytics.
• Oversee the creation and refinement of peril models, feeder models, and risk scores to support pricing and underwriting strategies for our Home book.
• Drive the expansion and success of single cover products, and alternative pricing strategies, ensuring they are as robust and competitive as our combined product.
• Collaborate closely with stakeholders across Underwriting, Pricing, and Account Management to ensure models are aligned with business needs and regulatory expectations.
• Mentor and support team members in their technical and professional development.
• Champion the use of modern machine learning techniques to enhance traditional actuarial approaches and deliver commercial value.
• Communicate complex modelling outcomes to senior stakeholders and influence decision-making across the business.

Qualifications

• Strong technical modelling skills, with experience in both traditional actuarial methods and modern machine learning.
• Proven track record of delivering commercial value through data science in an insurance context.
• Deep understanding of home insurance pricing, including peril-based modelling and funding considerations. Experience in other general insurance lines of business will also be considered.
• Demonstrated ability to work across functions and influence stakeholders at all levels.
• Excellent communication skills, with the ability to translate complex technical concepts into business-relevant insights and influence across functions.

Benefits

• Flexible working – we champion a flexible hybrid working approach.
• Competitive bonus scheme – all colleagues are eligible for our annual 4Cs performance bonus.
• Physical wellbeing – as a Band 4 colleague, Hastings pay for you to receive private medical Insurance (PMI).
• Financial wellbeing – 4x your salary with our life assurance cover, income protection at no extra cost, matched pension contributions up to 10%, 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 onsite facilities, social events throughout the year and much more.