Pricing Analyst - Insurance in London

Pricing Analyst - Insurance in London

London Full-Time No working from home possible
Hastings Direct

At a Glance

  • Tasks: Lead a team to analyse data and drive pricing strategies for insurance products.
  • Company: Join Hastings Direct, a digital insurance provider with big ambitions.
  • Benefits: Enjoy flexible working, competitive salary, and comprehensive wellbeing support.
  • Other info: Inclusive workplace with excellent career development opportunities.
  • Why this job: Make a real impact in the insurance industry with innovative data insights.
  • Qualifications: Strong analytical skills, experience in insurance, and proficiency in SQL and Python.

Welcome to Hastings Direct. 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. At the heart of Hastings is deep risk insight - continually improving how we assess, segment and price risk through data and analytics.

The Multi Analytics Pricing Manager will manage a team of analysts whose aim will be to find interesting information, segments and details about our multi product and multi policy households. They will work closely with our modelling, deployment and commercial teams to turn that into actionable ideas for other teams to put into deploy.

What We Are Looking For:

  • Analytically focussed - leveraging our data to find opportunities to drive value.
  • Managing intelligence from discovery to live, collaborating with our colleagues across the business.
  • Insurance experience highly desirable (ideally Multi Product and/or Multi Policy brokerage), as well as understanding of PCW market.
  • Management and training of junior members of the team.
  • Technically: SQL essential, Python strong preference, Earnix nice to have.

We focus on getting it right for our colleagues, customers, company and community. As one of our colleagues, you’ll be helping to drive our growth, so in return, we’ll give you all the support, training and development you need. 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 fair access to support and adjustments throughout your recruitment journey. We also welcome applications through the Disability Confident Scheme (DCS).

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 pay 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.

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. Please also note that we have a thorough referencing process, which includes credit and criminal record checks.

Pricing Analyst - Insurance in London employer: Hastings Direct

Hastings Direct is an exceptional employer for Actuarial Graduates, offering a dynamic work environment in London that fosters professional growth and innovation. With a strong focus on employee well-being, the company provides competitive benefits including flexible working arrangements, a robust bonus scheme, and access to mental health resources. The collaborative culture encourages the development of cutting-edge actuarial skills through hands-on experience with modern tools like Python and AI, making it an ideal place for motivated individuals to launch their careers.

Hastings Direct

Contact Details:

Hastings Direct Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Pricing Analyst - Insurance in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Hastings Direct). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Hastings Direct. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Pricing Analyst - Insurance in London

Analytical Skills
SQL
Python
Data Analysis
Insurance Knowledge
Multi Product and Multi Policy Understanding
Collaboration

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Hastings Direct.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hastings Direct. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Hastings Direct

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hastings Direct to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Hastings Direct, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Hastings Direct's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.