Senior Home Risk Pricing Manager

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

Job summary

A digital insurance provider is seeking a Senior Home Risk Pricing Manager to deliver profit and growth targets through innovative analytics. This role involves analyzing data, developing insights, and collaborating with various teams. Strong numeric and coding experience is essential. Enjoy benefits like a competitive salary, car allowance, and comprehensive wellbeing programs.

Benefits

Competitive salary

£5k car allowance

Private medical insurance

Life assurance cover

27 days annual leave

Qualifications

• Inquisitive, curious nature.
• Enthusiastic, positive attitude.
• Good knowledge of the personal lines insurance market preferred.

Responsibilities

• Deliver profit and growth targets through innovative analytics.
• Develop and deliver new insights and integrate new data.
• Work closely with various teams including Actuarial and Data Engineering.

Skills

Strong numeric and problem solving skills

Strong Analysis and coding experience

Comfortable working with and analysing numerical/statistical data

Good communication skills, written and verbal

Critically evaluates information

Tools

Python

Other coding languages

Job description

Job Title: Senior Home Risk Pricing Manager

Reports to: Head of Home Underwriting & Pricing

Location: Bexhill/Leicester – open to homeworking with willingness to travel to Bexhill and Leicester on occasion

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 #lifeatHD. 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

To deliver our profit and growth targets for home, through the use of innovative analytics, which leads to segmented pricing changes that we can apply to our live rates.

Key Responsibilities

• Analysing various data sources (including loss, policy, quote and market data), to identify opportunities to improve our risk pricing to help deliver the ambitious growth targets we have for our Hastings home business
• Developing & delivering new insight, including the integration of new data, new innovative techniques and ways of working
• Working 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 the above models to determine the optimal way to combine these model outputs to give a starting point for our pricing
• Analyse the models to identify segments where prices can be improved
• Create tools that enable us to source new pricing leads on an automated basis
• Own the overall pricing algorithm for home
• Representing the home team on various underwriting projects to generate value for the wider business
• Support the team through peer reviews, coaching and mentoring
• Ensure that we are meeting customers' fair and reasonable expectations and provide fair outcomes for our customers.
• Band 4, with 1 direct report, but role expected to grow as the home business and the team grows

Essential skills/experience

• Strong numeric and problem solving skills
• Strong Analysis and coding experience. Python preferred, but if experience is with other coding languages then this can be trained up
• Comfortable working with and analysing numerical/statistical data
• Appetite to learn new skills
• Thirst for making change
• Inquisitive, curious nature
• Thinking outside of the box
• Critically evaluates information
• Enthusiastic, positive attitude
• Collaborates well with colleagues from own team and other teams
• Good communication skills, written and verbal
• Confidence to express thoughts and views
• Good knowledge of the personal lines insurance market preferred, but other backgrounds will be considered, including non-insurance backgrounds

The interview process

Our interview process involves the below:

• Recruiter screening call
• 1st stage interview – Initial Intro with hiring leader
• 2nd interview will a include panel

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

In addition to a competitive salary and £5k car allowance you will also receive …

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 life assurance cover, income protection at no extra cost, and matched pension contributions up to 10%. We also offer discounts, cashback, free independent mortgage advice and free access to financial wellbeing support.

Mental wellbeing programme

We have the Thrive mental health app, colleague assistance programme available 24/7, in‑house mental health first aiders, support groups and a dedicated team to make sure we cover your needs.

There's more!

27 days annual leave + bank holidays, with the option to buy or sell one of your weeks, access to our health care cashback 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.

Join us

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 drive our growth, and 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, we’ll deliver good outcomes for every customer, help us grow the company profitably and sustainably, and allow 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.