At a Glance
- Tasks: Lead a dynamic team to shape market pricing strategies and drive innovative analytics.
- Company: Join a forward-thinking digital insurance provider with ambitious growth plans.
- Benefits: Enjoy flexible working, competitive salary, bonuses, and comprehensive wellbeing support.
- Other info: Be part of a culture that values curiosity, collaboration, and continuous improvement.
- Why this job: Make a real impact in the insurance industry while developing your analytical skills.
- Qualifications: Strong background in insurance pricing and advanced analytical skills required.
The predicted salary is between 60000 - 75000 £ per year.
London / Bexhill / Leicester – Hybrid
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 4Cs 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. 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.
Role Purpose
Leads the Market Pricing & Insights team, including 2 Pricing Managers and several Analysts, to deliver our market pricing accuracy targets, while ensuring we provide fair value and good outcomes for all customers. Oversees market pricing strategy across motor, using innovative analytics, market insights, and advanced data sources to generate segmented pricing changes. Drives best in class governance and champions analytical excellence across the business.
Key Accountabilities
- Setting the segmented market pricing strategy, improving our competitive position and alignment to commercial objectives.
- Working closely with Retail, Underwriting, Actuarial & Data Science, Modelling, ML Ops, Data Engineering, and Commercial teams to align market pricing decisions with broader business priorities.
- Influencing the modelling strategy and ensuring market models, PCW insights, and internal tools are effectively integrated into pricing decisions.
- Analysing PCW data to identify opportunities to improve pricing performance and deliver growth.
- Developing and delivering new insights, including integrating new data, adopting innovative techniques, and driving automation to enhance decision making capability.
- Prioritising team resources and managing the workstack to deliver high impact outputs at pace.
- Critically reviewing technical models produced by the Modelling teams, ensuring robustness, suitability, and fairness.
- Determining optimal strategies to combine model outputs and market insights to inform segmented market pricing recommendations.
- Identifying meaningful customer segments where market pricing can be improved to drive competitiveness, footprint, or profitability.
- Creating/ adapting and maintaining tools that automatically surface pricing opportunities, footprint gaps, or model improvement needs.
- Representing Market Pricing on cross functional projects that deliver value for the business.
- Supporting the team through coaching, peer reviews, technical guidance, and personal development planning.
- Leading and developing a high performing, curious, and analytically strong team.
- Ensuring pricing activity meets regulatory expectations and delivers fair and reasonable outcomes for customers.
Knowledge and Skills
- Strong general insurance background, ideally in personal lines pricing or market pricing.
- Strong numerical, analytical, and problem-solving skills.
- Advanced analysis and coding experience (Python preferred; other languages acceptable with willingness to learn).
- Curious, inquisitive, and motivated to innovate and drive change.
- Ability to think creatively, challenge constructively, and evaluate information critically.
- Positive, proactive attitude with appetite to learn and evolve.
- Strong collaboration skills; able to work effectively with technical and non-technical teams.
- Effective communication and stakeholder management skills, capable of shaping strategy and influencing senior leaders.
- Creative, forward-thinking mindset with ability to challenge conventional approaches and drive measurable innovations.
Recruitment Process
- Recruitment screening call
- 1st Round Intro with the hiring manager.
- 90 Minute Case Study round – a mix of Technical and Competency
As a Disability Confident employer, we’re committed to ensuring our recruitment processes are fully inclusive. We also welcome applications through the Disability Confident Scheme (DCS). For more information on the DCS, please visit our inclusive business page on our careers website.
What we offer
- Attractive salary based on experience + car allowance (pay reviews also completed each year)
- Flexible Working – We champion a flexible and hybrid working approach.
- Competitive Bonus Scheme - All colleagues are eligible for our annual 4Cs performance bonus.
- Private medical Insurance (PMI) for flexibility and convenience to see a specialist.
- Life assurance cover and income protection at no extra cost, pension contribution match up to 10%.
- Award-winning package including discounts and cashback at everyday retailers.
- Mental Wellbeing programme with various support options.
- 27 days annual leave + bank holidays, with the option to buy or sell one of your contracted weeks.
Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. We have a thorough referencing process, which includes credit and criminal record checks.
At Hastings Direct, we’re committed to creating an inclusive environment where everyone has the opportunity to succeed. If you require any reasonable adjustments during the recruitment process, we encourage you to be open with us.
Senior Pricing Manager employer: Dormont Manufacturing Co
Hastings Direct is an exceptional employer that prioritises a supportive and inclusive work culture, fostering innovation and collaboration within its Pricing, Data and Analytics community. With a strong commitment to employee growth, competitive benefits including flexible working arrangements, private medical insurance, and a robust bonus scheme, we empower our team members to voice their ideas and drive meaningful change in the insurance market. Located in vibrant cities like London, Bexhill, and Leicester, we offer a dynamic environment where curiosity and analytical excellence thrive, ensuring that every colleague can contribute to our mission of delivering fair outcomes for our customers.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their pricing strategies and be ready to discuss how your skills can contribute to their goals. Show them you’re not just another candidate!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s your turn to shine.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and show your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Senior Pricing Manager
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Pricing Manager role. Highlight your experience in pricing, data analytics, and any relevant projects that showcase your skills. We want to see how you can bring value to our team!
Showcase Your Curiosity:We love candidates who are curious and eager to innovate! In your application, share examples of how you've challenged the status quo or introduced new ideas in your previous roles. This will help us see your potential to drive meaningful change.
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where possible to make your achievements stand out. We appreciate straightforward communication, so make it easy for us to see why you're a great fit!
Apply Through Our Website:Don’t forget to submit your application through our careers website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, you’ll find all the info you need about our company culture and values there.
How to prepare for a job interview at Dormont Manufacturing Co
✨Know Your Numbers
As a Senior Pricing Manager, you'll need to demonstrate your strong numerical and analytical skills. Brush up on key pricing metrics and be ready to discuss how you've used data to drive pricing strategies in the past. Prepare examples that showcase your ability to analyse market trends and make data-driven decisions.
✨Collaborate Like a Pro
This role requires working closely with various teams, so highlight your collaboration skills. Think of specific instances where you successfully influenced cross-functional teams or integrated insights from different departments into your pricing strategies. Show them you can bridge the gap between technical and non-technical teams.
✨Innovate and Challenge
The company values curiosity and innovation, so come prepared with ideas on how to improve their pricing models. Think creatively about how you can leverage new data sources or innovative techniques to enhance decision-making. Be ready to discuss how you've challenged conventional approaches in your previous roles.
✨Prepare for the Case Study
Expect a 90-minute case study round that mixes technical and competency questions. Familiarise yourself with common pricing scenarios and practice articulating your thought process clearly. Use this opportunity to showcase your problem-solving skills and how you approach complex pricing challenges.
