Head of Data Science -Telematics

Welcome to Hastings Direct – From our Group HR Director Pam Angel

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 data and tech capabilities over the past few years, along with nurturing our 4

Cs culture. We’re proud of the journey we’re on as a company and know that our continued success will rely on the contribution of our talented colleagues.

We provide insurance for over four million customers, but we know there’s even bigger opportunity out there. The fact you’re now reading this job advert means we’ve tempted you to find out more about #lifeat

HD – we really hope you like what you see, and you’ll join us to share in the success of the exciting chapter that lies ahead.

We understand some people may not apply for jobs unless they feel they tick every box. If you’re excited about joining us and think you have some of what we’re looking for, even if you’re not 100% sure we would love to hear from you.

Head of Data Science - Telematics

Telematics

Director of Telematics

Bexhill-on-Sea, London, Leicester

There are 3 major pillars to our success in Telematics - and maximising the value we create from the Telematics data our customers share with us is arguably the biggest. This role is the lead in turning that data into value for our customers by allowing us to out price the market and be profitable. Success in this role is increasing our ability to spot high and low risk drivers across multiple products and limiting our exposure to high risk (maximise exposure to low risk) – and supporting the wider business to use the data we gather to improve pricing in all products.

Telematics sends a shiver up the spine of some – but what’s really worrying is the amount of money people are paying for their insurance because there is a small minority of people doing some seriously bad things whilst they’re driving. Our customers are taking action by signing up to our Telematics products in big numbers and we’re now the biggest Telematics player in the UK.

We’ve got ample data and we’re only scratching the surface of its value. This role will sit on the Telematics leadership team and be responsible for a number of highly skilled data managers and analysts.

• Leading a team of 5-10, empowering them to produce great results and making the environment an engaging and interesting place to be.

• Creating thinking space, encouraging them explore new modelling tools, techniques and being the key escalation point – you’ll be delivering mainly through your people.

• The main goal: constantly look for opportunity to enhance the predictive power of the data we collect to allow us to improve how competitive our pricing is / areas we can offer a price to without sacrificing margin – and support the group make use of this data too.

• You’ll have accesses to a huge and powerful dataset to create value in this way.

• You’ll be setting the strategy and talking through with key stakeholders (inc. ExCo) to gain approvals as needed – flexing that against near terms plans to deliver and demonstrate value creation.

• You’ll also be hands‑on development of our models using various data sets and techniques to deliver the optimal pricing outcome – flexing in and out of the detail.

• Responsible for getting the data we need into our business (working with CIO).

• You’ll do this across a range of our TM products, build models using the data that can be utilised at NB and make all data and learnings available across the business.

• Be restless – find corelations in multiple sources of data inc. new sources to maximise the value we create.

• We’ll start to build our own unique driving score that we control fully.

• We’ll prepare ourselves for consuming data from multiple sources (like OEM) to make sure we stay well ahead as this landscape changes – this will be highly technical.

• Work collaboratively across all pricing teams to ensure that we achieve our business goals.

• You’ll be considered the “go to” on Telematics data – helping the group unlock value.

• Strong governance - thinking about our obligation to our…