Risk Pricing Manager

Job Title: Risk Pricing Manager

Location: Bexhill/Leicester/London - Hybrid

Welcome to Hastings Direct

We’re a digital insurance provider with ambitious plans to become the best and biggest in the UK market. We’ve made huge investments in our pricing and data capabilities over the past few years, along with nurturing our 4

Cs culture.

We provide insurance for over four million customers, but we know there’s even bigger opportunity out there – our Pricing, Data and Analytics community value curiosity, collaboration and constructive challenge.

We are always looking for new ideas and diverse perspectives to question established thinking and drive meaningful change. Great pricing is built on trust, innovation and precision, so our aim is to ensure customers receive a fair and accurate price based on their individual risk, supporting fair outcomes, while delivering sustainable and profitable growth for our company.

Pricing is more than just a number – it’s a strategic capability. At the heart of Hastings is deep risk insight – continually improving how we assess, segment and price risk through data and analytics.

To lead a team of Risk Pricing Analysts in order to deliver overall profit and growth targets for underwriting through adjustments to the risk pricing models

• Developing & delivering new insight, including the integration of new data, new analytical techniques and new ways of working
• Identifying opportunities to improve our risk pricing models in order to expand our competitive footprint or to rectify unprofitable segments
• Leading Risk Pricing projects & project teams to generate value for the wider business
• Develop key risk pricing tools such and approaches
• Lead and support risk pricing analysts through peer reviews, coaching and mentoring
• Ensure that you are meeting customers’ fair and reasonable expectations and provide fair outcomes. Question and challenge peers and managers where processes and procedures do not meet these expectations and any activity that does not place customers’ interests at the heart of how we do business.
• Ensure completion of all training as mandated by the company and regulated by the FCA.
• Ensure that direct reports and self, achieve and demonstrate levels of competence required to fulfil job requirement

• Comfortable working with numerical/statistical data
• Good skills in use of statistical/data manipulation packages (preferred) with aptitude for building advanced skills
• Pro‑active approach to driving change
• Critically evaluates information
• Good communication skills, written and verbal
• Confidence to express opinions / challenge
• Pricing/analytics experience in the financial services
• Basic knowledge of Insurance market

Recruiter screening call

1st Round – Intro call with Hiring manager

2nd Round – Case study round followed by call with Hiring leader

Join us and you’ll find a different way of doing things. We call it the 4

Cs. We focus on getting it right for our colleagues, customers, company and community. As one of our colleagues, you’ll be helping to drive our growth, so in return, we’ll give you all the support, training and development you need. Not to mention plenty of recognition and rewards, and the scope to voice your ideas and put them into practice.

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

we champion a flexible hybrid working approach – please speak to your recruiter to discuss in more detail

all colleagues are eligible for our annual 4

Cs performance bonus

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

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…