Street Pricing Consultant

NFU Mutual; Stratford-upon-Avon; Hybrid; GBP 48,000 - 70,000; Full time

Job summary

Join NFU Mutual as a Street Pricing Consultant in a dynamic GI Pricing department. You will play a key role in defining pricing strategies for Motor products, leading a team, and collaborating with various stakeholders. Enjoy flexible working options and a supportive culture with attractive rewards, including a competitive salary and benefits.

Benefits

Annual bonus up to 17.5%

Contributory pension scheme up to 20%

25 days annual leave plus bank holidays

Family Friendly policies

£20 monthly gym contribution

Health and wellbeing plans

Employee volunteering opportunities

Refer a Friend scheme with a £500 bonus

Life Assurance of 4x salary

Employee discounts of 15% on insurance policies

Qualifications

• Extensive experience in General Insurance, particularly in Insurance Pricing.
• Proven ability to analyze complex data and draw actionable conclusions.
• Experience in product ownership is desirable.

Responsibilities

• Lead a small team responsible for motor portfolio pricing strategies.
• Analyze internal and external data to enhance pricing models.
• Monitor and improve the accuracy of pricing models.

Skills

Analytical skills

Communication

Problem-solving

Leadership

Education

Experience in General Insurance sector

Experience in Insurance Pricing

Tools

Radar

Job description

• Join a dynamic GI Pricing department with over 100 talented professionals dedicated to setting fair and accurate prices for our customers.

• Play an active role in defining the pricing strategy for our Personal Lines products.

• Enjoy the flexibility of working from home up to 80%, promoting a healthy work-life balance.

About the role:

Our Pricing Department is a well-established, thriving function focused on delivering long-term value for our customers, rather than short-term profit targets. This role is within the Motor Pricing team, primarily focusing on formulating and executing the pricing strategy for our Motor products, with an initial emphasis on Tractor, while also influencing Car and Commercial vehicle pricing. Key responsibilities include assessing and enhancing pricing models and setting final customer prices.

As a Street Pricing Consultant, you will lead a small team responsible for recommending and managing motor portfolio pricing strategies. This involves analyzing internal and external data, utilizing various pricing models, and collaborating closely with the Data, Modelling, and Risk Pricing teams, as well as external stakeholders such as Underwriting, Distribution, Claims, and Finance.

You will monitor and improve the accuracy of pricing models, conduct scenario planning, and assess the impact of pricing decisions on metrics like conversion rates, retention, and profitability. You will also be a line manager, coaching and mentoring analysts, supporting their development, and addressing technical queries.

About you:

You are a commercially minded, customer-focused professional with extensive experience in the General Insurance sector, particularly in Insurance Pricing and motor insurance. You have a proven ability to analyze complex data, draw actionable conclusions, and make commercially sound recommendations to ensure fair and accurate customer pricing. Experience in product ownership is desirable.

You can consider all relevant internal and external factors to develop a comprehensive market view and set prices in line with NFU Mutual’s policies. Competence in Radar and experience with price optimization are advantageous.

You are an excellent communicator, capable of building stakeholder relationships and influencing decisions, even in challenging conversations.

Additional qualities include:

• Resilience: Maintaining focus and effectiveness under pressure.
• Problem-solving mindset: Approaching challenges with practical, innovative solutions.
• Forward thinking: Anticipating future trends and driving long-term success.
• Strong communication skills: Making complex information accessible to non-technical audiences.
• Coaching and mentoring: Leading by example and supporting team development.

We support an inclusive workplace, valuing diverse perspectives and experiences, and are committed to doing the right thing for our customers and employees.

We recognize that some candidates may face barriers during recruitment. Please discuss any adjustments or accommodations you need to perform at your best.

We are a Disability Confident Employer, a signatory of the Race at Work and Women in Finance Charters, welcoming applicants from all backgrounds regardless of age, ethnicity, disability, neurodiversity, gender, religion, marital status, sexual orientation, or socioeconomic background.

Benefits and Rewards:

Joining us offers a supportive culture and attractive rewards, including:

• Salary between £48,000 and £70,000, depending on experience.
• Annual bonus up to 17.5%.
• Contributory pension scheme up to 20%, with your 8% contribution.
• 25 days annual leave plus bank holidays, with buy/sell holiday options.
• Family Friendly policies to support work-life balance.
• Discounts at high street brands, travel, and supermarkets.
• £20 monthly gym contribution (T&Cs apply).
• Health and wellbeing plans, including cashback for dental, opticians, physiotherapy, and more.
• Access to voluntary benefits like private medical and dental insurance.
• Employee volunteering opportunities.
• Refer a Friend scheme with a £500 bonus.
• Life Assurance of 4x salary.
• Employee discounts of 15% on NFU Mutual insurance policies.

Working at NFU Mutual:

We are one of the UK’s leading general insurance and financial services companies, with over 110 years of putting customers first. Our people are our greatest asset. We have been recognized with numerous awards, including the Gallup Exceptional Workplace 2025 (Distinction), UK Top Employer, and inclusion in the LinkedIn Top 15 Companies 2025 list. We foster a culture of empowerment, growth, and recognition, committed to respecting our employees and communities, and ensuring our financial sustainability for future success.