Principal Risk Pricing Analyst

Principal Risk Pricing Analyst

Location of Role Stratford upon Avon

Closing Date 31-Aug-2026

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

Working in Pricing at NFU Mutual feels genuinely different. With a clear focus on customers rather than shareholders, the team's work has real impact - supporting local communities, protecting livelihoods, and helping our UK-wide Agency Network deliver exceptional service. Our Pricing team has long been central to how we support our customers, and its role is becoming even more crucial. The team is now at the heart of one of NFU Mutual's most significant transformation programmes, shaping how pricing will operate in the future to ensure fair, insight-driven outcomes.

To deliver this transformation, the team is expanding and creating exciting opportunities to join at a pivotal moment. This is a rare chance to influence a high-profile, business-wide initiative where your work will be visible, valued and acted on. By working closely with colleagues across the business, you'll play an important role in shaping NFU Mutual's future. Beyond the transformation, you'll join a Pricing team committed to continuous improvement, offering ongoing opportunities to grow, add value and make a real difference.

If you want to drive meaningful transformation while developing your own career, now is the ideal time to join us.

As a Principal Pricing Analyst , you will be a technical lead within the Head Office Pricing Function, using deep expertise across pricing disciplines to design, build and implement pricing models, develop robust rating logic and deliver high-quality analysis that informs business decisions. 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 models, processes and data meet required standards, while contributing to the development of pricing that 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 to build capability - whilst communicating insights clearly to stakeholders and championing continuous improvement across processes, tools and analytical approaches.

You are an inquisitive and detail focused pricing professional who approaches complex problems with curiosity and clarity. You communicate effectively, adapting your style for different audiences and ensuring that technical concepts are easy to understand.

You bring strong analytical thinking, a structured problem solving approach and a commitment to delivering high quality outputs. You work collaboratively, build positive relationships across teams and confidently influence decisions with evidence based insight. You take ownership of your work, remain adaptable in a changing environment and are naturally inclined to support, coach and guide others as they grow.

You will also be able to evidence the following skills and experience:

• Experience working in a general insurance pricing function with a strong risk focus (e.g., claims forecasting, calibrating price to cover claims and non claims costs, ensuring target prices remain profitable and fit for purpose)
• Proficiency with pricing software such as SQL, Emblem, Radar, R or similar tools
• Strong data analysis capability, including trend analysis and interpretation
• Prior experience working 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

At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees.

We recognise that some candidates may experience barriers during the recruitment process. So, we encourage candidates to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process.

We're 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