Principal Risk Pricing Analyst

Principal Risk Pricing Analyst

Join a people‑focused, mutual organisation committed to fair and accurate pricing. Work on complex pricing analysis end to end, contribute to key pricing decisions across the business and support best practice by sharing your technical expertise with others.

Work from home 80% of the time, with the remaining 20% spent at our Stratford‑upon‑Avon offices.

As a Principal Pricing Analyst you will be a technical lead within the Head Office Pricing Function and use deep expertise across pricing disciplines to design, build and implement pricing models. You will develop robust rating logic and deliver high‑quality analysis that informs business decisions while ensuring models, processes and data meet required standards.

You will be aligned to our Risk Pricing team, working on product pricing for personal lines products such as home insurance. You will take ownership of complex analytical work, ensuring pricing is profitable, fit for purpose and aligned to regulatory expectations. Working closely with colleagues across Pricing, Underwriting and the wider Group, you’ll influence the development of pricing solutions, drive technical improvements and support the delivery of departmental projects.

A key part of your role will be acting as a technical role model – coaching, mentoring and supporting junior analysts, communicating insights clearly to stakeholders and championing continuous improvement across processes, tools and analytical approaches.

• An inquisitive and detail‑focused pricing professional who approaches complex problems with curiosity and clarity.
• Strong analytical thinking, a structured problem‑solving approach and a commitment to delivering high‑quality outputs.
• Excellent communication skills and the ability to adapt style for different audiences.
• Experience working in a general insurance pricing function with a strong risk focus.
• Proficiency with pricing software such as SQL, Emblem, Radar, R or similar tools.
• Strong data analysis capability, including trend analysis and interpretation.
• Experience in a personal lines environment and completing product pricing for home insurance is highly desirable.
• Experience working with online or direct insurance distribution channels is also desirable.

• Level4 Salary of circa £55,000
• Annual bonus (up to 17.5% of salary)
• Contributory pension scheme, up to 20% including your 8% contribution
• 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme
• Family Friendly policy that helps you balance work and family responsibilities
• Access to savings at High Street brands, travel and supermarkets
• £20 contribution to a monthly gym membership – subject to T&Cs
• Health and wellbeing plan – cashback for dentist, opticians, physio and more
• Access to voluntary benefits, including health assessments, private medical insurance and dental insurance
• Employee Volunteering – volunteer in the community for one day each year
• Unlimited access to Refer a Friend £500 bonus scheme
• Life Assurance cover of 4×salary
• Employee discounts of 15% on a range of NFU Mutual insurance policies.
• Salary sacrifice employee car scheme – subject to eligibility

We recognise that some candidates may experience barriers during the recruitment process. We encourage applicants to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process. We are proud to be a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory and welcome applications from people of all backgrounds, regardless of age, ethnicity, disability, neurodiversity, gender, religion, marital status, sexual orientation or socioeconomic background.