Senior Risk Pricing Manager

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Senior Home Risk Pricing Manager Apply locations Bexhill / Hybrid Leicester / Hybrid UK, Home Worker time type Full time posted on Posted 30+ Days Ago job requisition  

Job Title:
Senior Home Risk Pricing Manager

Reports to:
Head of Home Underwriting & Pricing

Location: Bexhill/Leicester - open to homeworking with willingness to travel to Bexhill and Leicester on occasion

Welcome to Hastings Direct

We’re a digital insurance provider with a clear strategy to become the best and biggest player in the UK market. As a company, we’ve made huge investments in our technology, pricing, data and analytics capabilities over the past few years, along with nurturing our 4

Cs culture and substantial investment in our people. And as a Finance team, we're doing exactly the same – building a market leading finance technology platform, investing in our team and our approach to leadership development, with a real focus on commercially adding value to the business.

The fact you’re now reading this job advert means we’ve tempted you to find out more about #lifeat

HD. If you like what you see, we hope you'll consider joining our team.

We have high standards and 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 are looking for, even if you’re not 100% sure, we would love to hear from you.

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.

Key Responsibilities

• 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

Essential skills/experience:

• 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

The interview process:

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…