At a Glance
- Tasks: Develop and optimise pricing strategies using data analysis for long-term profitability.
- Company: Dynamic digital insurance provider with a culture of curiosity and collaboration.
- Benefits: Flexible working, competitive bonuses, private medical insurance, and 27 days annual leave.
- Other info: Opportunities for continuous improvement and career growth in a supportive environment.
- Why this job: Join a fast-paced team and make a real impact on pricing strategies.
- Qualifications: Experience with price comparison websites and strong SQL coding skills required.
A digital insurance provider focused on pricing and data capabilities, with a culture that values curiosity, collaboration and constructive challenge.
The Role
Working in the Credit Risk & Pricing team within the lending business, this hands-on role uses multiple data sources and analytical tools to develop and optimise pricing and trading strategies for long-term profitability.
Accountabilities
- Develop and optimise pricing strategies to deliver financial trading plans
- Drive efficiencies and automation in pricing strategy execution
- Collaborate with modelling to identify new pricing factors that drive competitive advantage
- Meet customers’ reasonable expectations and provide fair outcomes
- Maintain MI which facilitates effective performance monitoring and optimisation
- Provide analysis and insights for Management Committee and Board
- Maintain regulatory compliance and reputational integrity
- Act as a Commercial SME within the business and broader Hastings Group
Skills, Knowledge & Experience
- Price comparison website experience essential; retail lending product knowledge desired
- Able to handle vast and multiple data sources at speed
- Real-rate risk-based pricing experience essential, using non-standard segmentation desired
- Strong SQL coding skills; other programming experience such as R or Python desirable
- Commercially aware, able to optimise for short and long-term outcomes
- Strong communication skills that transcend levels within the business
- Analytically driven, continuously seeking new insights and applying innovative thinking
- Works effectively on own or as part of and influencing the broader business
- Comfortable in a fast-paced environment, with agility to manage and adapt focus and priorities
- Seeks continuous improvement, both in terms of skills and outcomes
Benefits
- Flexible working – flexible hybrid working approach
- Competitive bonus scheme – eligible for the annual 4Cs performance bonus
- Physical wellbeing – private medical insurance (PMI) as a Band 4 colleague
- Financial wellbeing – life assurance cover, income protection at no extra cost, matched pension contributions up to 10%, plus discounts, cashback, free independent mortgage advice and financial wellbeing support
- Mental wellbeing programme – thrive mental health app, colleague assistance programme, in-house mental health first aiders, support groups and a dedicated team
- Additional benefits – 27 days annual leave + bank holidays, option to buy or sell a week, 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
Equal Opportunity
Hastings Group is an equal opportunities employer which treats people fairly. Applications are welcome from all suitably skilled persons regardless of gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. We conduct a thorough referencing process, including credit and criminal record checks. If you require any reasonable adjustments during the recruitment process, we encourage you to let us know.
Loans Pricing Manager employer: Hastings Direct
Hastings Group is an exceptional employer that fosters a culture of curiosity and collaboration, making it an ideal place for a Loans Pricing Manager to thrive. With flexible hybrid working options, a competitive bonus scheme, and a strong focus on employee wellbeing, including private medical insurance and mental health support, the company prioritises both professional growth and personal health. Located in vibrant cities like Bexhill, Leicester, and London, employees benefit from a dynamic work environment that encourages innovation and continuous improvement.
StudySmarter Expert Advice🤫
We think this is how you could land Loans Pricing Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Hastings Direct. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Loans Pricing Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Hastings Direct.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Hastings Direct's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Hastings Direct
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Hastings Direct.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Hastings Direct will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Hastings Direct employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
