Risk Pricing Analyst in London

Risk Pricing Analyst in London

London Full-Time 28800 - 48000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support the Risk Pricing Manager in driving profit and growth through data analysis.
  • Company: Join Hastings Direct, a leading digital insurance provider focused on innovation.
  • Benefits: Enjoy flexible working, competitive bonuses, and comprehensive financial and mental well-being support.
  • Why this job: Make an impact by analysing data to shape pricing strategies in a dynamic environment.
  • Qualifications: Strong analytical skills and proficiency in data manipulation tools required.
  • Other info: Inclusive workplace with excellent career development opportunities.

The predicted salary is between 28800 - 48000 £ per year.

Join to apply for the Risk Pricing Analyst role at Hastings Direct.

Location: London / Leicester / Bexhill

Hybrid: Expected in the office once a week

Welcome to Hastings Direct. We are a digital insurance provider working to become the best and biggest player in the UK market. Our focus is on technology, pricing, data and analytics, and we nurture a culture of innovation and growth. As part of the Finance team, we are building a market‐leading finance technology platform and investing heavily in our people and leadership development to add commercial value to the business.

The Role

You will support the Risk Pricing Manager in achieving profit and growth targets by developing and delivering new insights, integrating innovative data sources, analytical techniques and ways of working. The role involves identifying opportunities to expand our competitive footprint, addressing unprofitable business, and collaborating with teams across the wider business to drive strategic improvements.

Key Accountabilities

  • Analyse claims experience and competitive position to inform pricing decisions.
  • Identify opportunities to adjust prices or underwriting footprint to meet targets.
  • Monitor key performance indicators and customer mix within designated segments.
  • Conduct market analysis and track competitor activity and performance.
  • Support rate change processes from concept through delivery and ongoing refinement.
  • Assist in producing risk pricing tools and underwriting management information.

Skills & Experience

  • Strong numerical and analytical skills with ability to interpret complex data.
  • Proficient in MS Office and comfortable with statistical/data manipulation tools.
  • Proactive approach to problem‐solving and driving change.
  • Ability to critically evaluate information and make informed decisions.
  • Excellent written and verbal communication skills.
  • Confidence to express opinions and challenge constructively.

The interview process

Our interview process involves the below:

  • Recruiter screening call
  • Virtual interview with the hiring team, including a presentation of your data analysis based on a case study.

Additional Information

As a Disability Confident employer, we are committed to ensuring our recruitment processes are fully inclusive. For more information on the Disability Confident Scheme (DCS), please visit our inclusive business page. For this position, we are regrettably unable to accept applications through the DCS due to high volumes of applications, but fair access to support and adjustments will be provided throughout the recruitment journey. Unfortunately, we are unable to progress with candidates that require sponsorship at this time.

Benefits

  • Flexible working: We champion a flexible hybrid working approach – please speak to your recruiter to discuss in more detail.
  • Competitive bonus scheme: All colleagues are eligible for our annual 4Cs performance bonus.
  • Financial well‐being: 4× your salary with life assurance cover, income protection at no extra cost, matched pension contributions up to 10%, discounts, cashback, free independent mortgage advice and free access to financial well‐being support.
  • Mental well‐being programme: Thrive Mental Health app, colleague assistance programme available 24/7, in‐house mental health first‐aiders, support groups and a dedicated team.
  • Other perks: 25 days annual leave + bank holidays (option to buy or sell one of your weeks), 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.

Equal opportunities

Hastings Group is an equal opportunities employer. We treat people fairly and 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. We also conduct thorough referencing, including credit and criminal record checks.

Risk Pricing Analyst in London employer: Hastings Direct

Hastings Direct is an exceptional employer that prioritises innovation and employee growth within a dynamic work culture. With a strong focus on technology and analytics, we offer flexible hybrid working arrangements, competitive bonuses, and comprehensive well-being programmes, ensuring our team members thrive both personally and professionally in our London, Leicester, and Bexhill locations.
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Contact Detail:

Hastings Direct Recruiting Team

StudySmarter Expert Advice 🤫

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

Tip Number 1

Get to know Hastings Direct! Research their values, culture, and recent projects. This will help you tailor your responses during interviews and show that you're genuinely interested in the role.

Tip Number 2

Practice your data analysis presentation skills. Since you'll need to present your findings, make sure you can explain complex data clearly and confidently. We recommend doing mock presentations with friends or family.

Tip Number 3

Network like a pro! Connect with current employees on LinkedIn or attend industry events. This can give you insider info about the company and might even lead to a referral!

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Hastings Direct.

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

Numerical Skills
Analytical Skills
Data Interpretation
MS Office Proficiency
Statistical/Data Manipulation Tools
Problem-Solving Skills
Critical Evaluation
Decision-Making
Written Communication Skills
Verbal Communication Skills
Confidence in Expressing Opinions
Collaboration Skills
Market Analysis
Performance Monitoring

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Risk Pricing Analyst role. Highlight your numerical and analytical skills, and any experience with data analysis or pricing strategies. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills align with our goals at Hastings Direct. Don’t forget to mention your proactive approach to problem-solving!

Showcase Your Analytical Skills: In your application, be sure to include examples of how you've used data to inform decisions in the past. We love candidates who can critically evaluate information and make informed choices, so let us know how you've done this before!

Apply Through Our Website: We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure you’re considered for the Risk Pricing Analyst position!

How to prepare for a job interview at Hastings Direct

Know Your Numbers

As a Risk Pricing Analyst, you'll be dealing with complex data. Brush up on your numerical and analytical skills before the interview. Be prepared to discuss how you've interpreted data in the past and how it influenced pricing decisions.

Showcase Your Problem-Solving Skills

Hastings Direct values a proactive approach to problem-solving. Think of specific examples where you've identified issues and implemented changes. This will demonstrate your ability to drive strategic improvements.

Prepare for the Presentation

You'll need to present your data analysis based on a case study during the virtual interview. Practice your presentation skills and ensure you can clearly explain your thought process and findings. Use visuals if possible to make your points clearer.

Research the Competition

Understanding the competitive landscape is crucial for this role. Familiarise yourself with Hastings Direct's position in the market and recent competitor activities. This knowledge will help you answer questions more effectively and show your genuine interest in the role.

Risk Pricing Analyst in London
Hastings Direct
Location: London
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