Senior Risk Pricing Manager

Overview

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.

• 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

• 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

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

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 4

Cs performance bonus

Physical wellbeing – as a Band 4 colleague, Hastings pay for you to receive private medical Insurance (also known as 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 – as well as providing you with 4x your salary with our life assurance cover, income protection at no extra cost, and matched pension contributions up to 10%, we are proud to provide you with 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

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 cash back plans, dental plans, discounted health assessments, Cycle to work and tech schemes, discounted…