At a Glance
- Tasks: Develop analytical solutions to manage customer risk and drive pricing strategies.
- Company: Join Hastings Direct, a leader in digital insurance and lending.
- Benefits: Enjoy competitive salary, bonuses, flexible working, and wellness programmes.
- Other info: Dynamic team environment with excellent career growth opportunities.
- Why this job: Make a real impact on business profitability and customer outcomes with cutting-edge data.
- Qualifications: Experience in predictive modelling and strong coding skills in Python/R and SQL.
The predicted salary is between 50000 - 60000 £ per year.
Welcome to Hastings Direct. In addition to digital insurance, we run a growing unsecured lending business that offers customers guaranteed eligibility and real rates through price comparison websites (PCWs).
As a risk modeller within the Hastings lending business, you will utilize cutting‑edge data assets and advanced modelling & analytical tools to shape and drive pricing and credit‑risk management strategies that improve business profitability and customer outcomes.
Your remit will be to continuously improve business profitability and customer outcomes, and you will do this by:
- Developing analytical and modelling solutions to identify and manage customer risk across our credit and pricing strategies
- Driving data‑led automation across the credit lending journey
- Maintaining a resilient portfolio risk mix to support long‑term growth
- Building key performance indicator and customer segmentation monitoring, ensuring alignment with business trading targets and risk appetite thresholds
Essential Skills / Experience
- Experience undertaking predictive modelling, utilising model types such as GLM and GMB
- Strong Python/R and SQL coding capability
- Exceptional analytical and problem‑solving skills, with the ability to translate complex data into actionable insights
- Good communication skills, with the ability to present solutions and results clearly to both technical and non‑technical audiences
- Financial services product experience, particularly in a pricing and/or credit risk modelling capacity
The Interview Process
- Recruiter screening call
- 1st stage interview with hiring leader
- 2nd interview with hiring leader’s leader – case study
Benefits
- Competitive salary and annual bonus scheme tied to the 4Cs performance bonus
- Financial wellbeing package: life assurance cover, income protection at no extra cost, matched pension contributions (up to 10 %) and access to financial wellbeing support services
- Mental wellbeing programme: thrive mental health app, 24/7 colleague assistance programme, in‑house mental health first aiders and support groups
- Flexible hybrid working approach – additional details to be discussed with recruiter
- 25 days annual leave plus bank holidays, with the option to buy or sell a week; health‑care and dental plans, discounted health assessments, cycle‑to‑work and technology schemes; access to free onsite facilities and social events
Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. A thorough referencing process, which includes credit and criminal record checks, will also be part of the recruitment.
Risk Modeller in Bexhill-on-Sea employer: Hastings Direct
Hastings Direct is an exceptional employer that prioritises employee wellbeing and professional growth, offering a competitive salary alongside a comprehensive benefits package including financial and mental health support. With a flexible hybrid working model and a commitment to diversity and inclusion, employees are empowered to thrive in a collaborative environment that values innovation and data-driven decision-making in the dynamic field of lending.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Modeller in Bexhill-on-Sea
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Hastings Direct looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Modeller in Bexhill-on-Sea
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Hastings Direct. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Hastings Direct
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Hastings Direct’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
