Senior Home Actuarial & Data Science Manager

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

Job summary

A leading insurance provider in the UK seeks a Senior Pricing Manager to drive advanced data science solutions supporting pricing strategies for home insurance products. The role involves leading a team of Actuaries and Data Scientists to develop pricing models and risk analytics, collaborating across departments to ensure business alignment. Ideal candidates should have strong modelling skills, a good understanding of home insurance pricing, and proven experience in delivering commercial value through data science.

Benefits

Flexible working

Competitive bonus scheme

Private medical insurance

Income protection

27 days annual leave + bank holidays

Health care cash back plans

Regular social events

Qualifications

• Experience in traditional actuarial methods and modern machine learning.
• Proven track record in delivering commercial value through data science.
• Deep understanding of home insurance pricing and peril-based modelling.
• Ability to work across functions and influence stakeholders.
• Excellent communication skills.

Responsibilities

• Lead a cross-functional team of Actuaries and Data Scientists.
• Oversee the creation of pricing models and risk-based analytics.
• Drive the success of single cover products and pricing strategies.
• Collaborate with stakeholders to align models with business needs.
• Mentor team members in their technical and professional development.

Skills

Technical modelling skills

Data science in insurance context

Understanding of home insurance pricing

Stakeholder influence

Communication of technical concepts

Tools

Machine learning techniques

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 supports the growth of Buildings Only, Contents Only, and Combined (Buildings + Contents) offerings, ensuring each is priced accurately and competitively.

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 robust and competitive with our combined product.
• Collaborate 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.
• Demonstrate a culture of curiosity, collaboration, and continuous improvement within the team.

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 is welcome.
• 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.

Benefits

• Flexible working – flexible hybrid working approach; discuss details with your recruiter.
• Competitive bonus scheme – all colleagues are eligible for our annual bonus.
• Physical wellbeing – private medical insurance; 4x salary life assurance; income protection; and matched pension contributions up to 10%.
• Mental wellbeing – Thrive mental health app, 24/7 colleague assistance programme, in-house mental health first aiders, and support groups.
• Other benefits – 27 days annual leave + bank holidays, health care cash back plans, dental plans, discounted health assessments, cycle to work and tech schemes, on-site facilities, and regular social events.

About Hastings Direct

We’re a digital insurance provider with a clear strategy to become the best and biggest player in the UK market. We’ve invested heavily in technology, pricing, data and analytics capabilities, and foster our 4Cs culture and dedication to our people. Our Finance team is building a market-leading technology platform and focusing on commercially adding value to the business. We are committed to creating an inclusive environment where everyone has the opportunity to succeed. If you require any reasonable adjustments during the recruitment process, please speak with our recruitment team to ensure a fair and accessible experience.