Home Actuarial and Data Science Manager in Leicester
Home Actuarial and Data Science Manager

Home Actuarial and Data Science Manager in Leicester

Leicester Full-Time 43200 - 72000 £ / year (est.) No home office possible
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Hastings Direct

At a Glance

  • Tasks: Lead a dynamic team to develop innovative pricing models for home insurance.
  • Company: Join Hastings Direct, a digital insurance provider revolutionising the UK market.
  • Benefits: Enjoy flexible working, competitive bonuses, and comprehensive wellbeing support.
  • Why this job: Make a real impact in the insurance industry with cutting-edge data science.
  • Qualifications: Strong modelling skills and experience in home insurance pricing required.
  • Other info: Be part of a culture that values collaboration, growth, and community.

The predicted salary is between 43200 - 72000 £ per year.

We are looking for a highly capable and collaborative Senior Pricing Manager to drive the development of advanced data science solutions that support Hastings' market-leading pricing strategies for Home insurance products. This role leads a mixed team of Actuaries and Data Scientists, working together to develop peril models, feeder models, and risk scores that underpin pricing and underwriting decisions across our Home insurance portfolio. The team plays a critical role in supporting the growth of our Buildings Only, Contents Only, and Combined (Buildings + Contents) offerings, ensuring each is priced accurately and competitively.

Key Responsibilities

  • Lead and manage a cross-functional team of Actuaries and Data Scientists, fostering collaboration and innovation in the development of pricing models and risk-based analytics.
  • Oversee the creation and refinement of peril models, feeder models, and risk scores to support pricing and underwriting strategies for our Home book.
  • Drive the expansion and success of single cover products, and alternative pricing strategies, ensuring they are as robust and competitive as our combined product.
  • Collaborate closely with stakeholders across Underwriting, Pricing, and Account Management to ensure models are aligned with business needs and regulatory expectations.
  • Mentor and support team members in their technical and professional development.
  • Champion the use of modern machine learning techniques to enhance traditional actuarial approaches and deliver commercial value.
  • Communicate complex modelling outcomes to senior stakeholders and influence decision-making across the business.

Qualifications

  • Strong technical modelling skills, with experience in both traditional actuarial methods and modern machine learning.
  • Proven track record of delivering commercial value through data science in an insurance context.
  • Deep understanding of home insurance pricing, including peril-based modelling and funding considerations.
  • Experience in other general insurance lines of business will also be considered.
  • Demonstrated ability to work across functions and influence stakeholders at all levels.
  • Excellent communication skills, with the ability to translate complex technical concepts into business-relevant insights and influence across functions.

We are a digital insurance provider with a clear strategy to become the best and biggest player in the UK market. As a company, we have made huge investments in our technology, pricing, data and analytics capabilities over the past few years, along with nurturing our 4Cs culture and substantial investment in our people. And as a Finance team, we are 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.

Benefits

  • Flexible working – we champion a flexible hybrid working approach.
  • Competitive bonus scheme – all colleagues are eligible for our annual 4Cs performance bonus.
  • Physical wellbeing – Hastings pays for you to receive private medical Insurance (PMI).
  • Financial wellbeing – providing you with 4x your salary with our life assurance cover, income protection at no extra cost, and matched pension contributions up to 10%.
  • Mental wellbeing programme – we have the thrive mental health app, our colleague assistance programme available 24/7, and support groups.
  • 27 days annual leave + bank holidays, with the option to buy or sell one of your weeks, access to our health care cash back plans, dental plans, discounted health assessments, Cycle to work and tech schemes, discounted and free onsite facilities, social events throughout the year and much more.

Join us and you will find a different way of doing things. We call it the 4Cs. We focus on getting it right for our colleagues, customers, company and community. At Hastings Direct, we are 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.

Home Actuarial and Data Science Manager in Leicester employer: Hastings Direct

Hastings Direct is an exceptional employer that prioritises the growth and well-being of its employees, offering a flexible hybrid working model and a competitive benefits package that includes private medical insurance, generous annual leave, and a robust mental wellbeing programme. With a strong focus on collaboration and innovation, the company fosters a supportive work culture where team members are encouraged to develop their skills and contribute to meaningful projects that drive the success of their market-leading home insurance products.
Hastings Direct

Contact Detail:

Hastings Direct Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Home Actuarial and Data Science Manager in Leicester

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance and data science fields. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Show off your skills! Create a portfolio showcasing your data science projects or actuarial models. This is your chance to demonstrate your expertise in peril-based modelling and machine learning techniques. Make it easy for potential employers to see what you can bring to the table.

✨Tip Number 3

Prepare for interviews by brushing up on your communication skills. Practice explaining complex modelling outcomes in simple terms. Remember, you’ll need to influence decision-making across functions, so being able to convey your insights clearly is key!

✨Tip Number 4

Don’t forget to apply through our website! We’re always on the lookout for talented individuals who align with our 4Cs culture. Plus, applying directly gives you a better chance of standing out in the crowd. Let’s get you on board!

We think you need these skills to ace Home Actuarial and Data Science Manager in Leicester

Technical Modelling Skills
Machine Learning Techniques
Data Science in Insurance
Peril-Based Modelling
Risk-Based Analytics
Cross-Functional Team Leadership
Stakeholder Influence
Communication Skills
Actuarial Methods
Pricing Strategies
Mentoring and Development
Collaboration
Commercial Value Delivery
Understanding of Home Insurance Pricing

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in data science and actuarial methods. We want to see how your skills align with our needs for the Home insurance sector.

Showcase Your Collaboration Skills: Since this role involves leading a mixed team, emphasise any past experiences where you’ve successfully collaborated with others. We love seeing examples of teamwork and innovation!

Communicate Clearly: When writing your application, keep it clear and concise. Use straightforward language to explain complex concepts, as we value excellent communication skills that can influence decision-making.

Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity.

How to prepare for a job interview at Hastings Direct

✨Know Your Models

Make sure you brush up on your knowledge of peril models, feeder models, and risk scores. Be ready to discuss how these concepts apply to home insurance pricing and how you've used them in past roles. This will show that you understand the technical side of the job and can contribute from day one.

✨Showcase Collaboration Skills

Since this role involves leading a cross-functional team, be prepared to share examples of how you've successfully collaborated with Actuaries and Data Scientists in the past. Highlight any experiences where you fostered innovation or resolved conflicts within a team to demonstrate your leadership capabilities.

✨Communicate Complex Ideas Simply

Practice explaining complex modelling outcomes in a straightforward way. You might be asked to present your ideas to senior stakeholders, so being able to translate technical jargon into business-relevant insights is crucial. Think of examples where you've done this effectively before.

✨Emphasise Continuous Learning

This role champions modern machine learning techniques, so be ready to discuss how you stay updated with industry trends and advancements. Share any recent courses, certifications, or projects that showcase your commitment to professional development and how you can bring that knowledge to the team.

Home Actuarial and Data Science Manager in Leicester
Hastings Direct
Location: Leicester
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