At a Glance
- Tasks: Develop and enhance pricing strategies to improve performance and drive business impact.
- Company: Join a leading digital insurance provider with a focus on innovation and growth.
- Benefits: Enjoy flexible working, competitive bonuses, and comprehensive financial and mental wellbeing support.
- Other info: Inclusive recruitment process with opportunities for career development.
- Why this job: Make a real difference in pricing strategy while collaborating with diverse teams.
- Qualifications: Strong analytical skills and experience in pricing or quantitative analysis required.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Location: Bexhill/Leicester Hybrid
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 are always looking for new ideas and diverse perspectives to question established thinking and drive meaningful change. 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.
Pricing is more than just a number – it’s a strategic capability. At the heart of Hastings is deep risk insight – continually improving how we assess, segment and price risk through data and analytics.
As part of our growth, we’re looking for a number of Senior Analysts to join us where your expertise is valued, your ideas are heard and your impact is visible - join our Pricing, Data and Analytics community that has invested for the long term and build a successful, future focused pricing career.
The opportunity
You will be at the forefront of developing and evolving sophisticated, segmented pricing across our insurance products - directly influencing portfolio performance by delivering high quality analytical insight, refining pricing accuracy and driving measurable commercial outcomes.
How you will make a difference
- Design and enhance pricing segmentation that improves loss ratio and trading performance
- Deliver robust monitoring frameworks to track portfolio health and pricing effectiveness
- Identify optimisation opportunities and drive continuous improvement
- Partner with underwriting, commercial and data teams to influence strategic decisions
- Contribute to the evolution of our pricing capability
Pricing Analysis & Segmentation
- Developing, refining and maintaining segmented pricing approaches across products and customer groups
- Analysing performance at segment level to identify pricing opportunities, emerging risks, and areas for optimisation
- Creating and applying pricing adjustments or overlays where needed to improve accuracy and competitiveness
Market & Customer Insight
- Keeping up to date with market, customer, and regulatory trends that may affect pricing strategy
- Identifying new opportunities to enhance pricing segmentation or improve commercial outcomes
- Supporting testing and experimentation aimed at improving segmentation effectiveness
Cross‑Team Collaboration
- Advising stakeholders on the most effective use of segmentation and pricing tools
- Working closely with colleagues across Pricing, Underwriting, and Product teams to ensure initiatives align with strategy and regulatory expectations
- Translating analytical findings into clear, actionable recommendations for non‑technical colleagues
The skills and experience we’re looking for
- Strong analytical skills with experience in pricing, modelling, or quantitative analysis
- Good understanding of general insurance pricing principles, including segmentation and performance monitoring
- Proficiency in analytical tools or programming languages (e.g., Python, SQL, R, SAS)
- Ability to break down complex problems and present insights clearly and concisely
- Strong stakeholder management and the ability to influence through evidence-based insight
- Curious, proactive, and comfortable working in a dynamic environment with competing priorities
Our interview process involves
- Screening call to explore your skills and experience
- Technical case study, followed by panel interview
As a Disability Confident employer, we’re committed to ensuring our recruitment processes are fully inclusive. We also welcome applications through the Disability Confident Scheme (DCS).
Regrettably, we’re not in a position to offer visa sponsorship for these roles, either now or in the foreseeable future.
Benefits
- Flexible working – we champion a flexible hybrid working approach
- Competitive bonus scheme - all colleagues are eligible for our annual 4Cs performance bonus
- 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, our own in-house mental health first aiders, support groups and a dedicated team to make sure we are covering your needs
- 25 days annual leave
Senior Pricing Analyst employer: Hastings Direct
Hastings Direct is an exceptional employer that prioritises employee growth and development within a dynamic and supportive work culture. With hybrid roles available in vibrant locations like Leicester, London, and Bexhill, employees benefit from a collaborative environment that encourages innovation and efficiency in fraud prevention while enjoying a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews! Research the company, understand their pricing strategies, and be ready to discuss how your skills can contribute to their goals. Practice common interview questions and have your own questions ready to show your interest.
✨Tip Number 3
Showcase your analytical skills! Bring examples of your past work that demonstrate your ability to analyse data and make strategic decisions. Use real-life scenarios to illustrate how you've improved pricing accuracy or driven commercial outcomes.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team and contributing to our ambitious plans.
We think you need these skills to ace Senior Pricing Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Pricing Analyst role. Highlight your analytical skills and experience in pricing, modelling, or quantitative analysis. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about pricing and how you can contribute to our team. Be sure to mention any relevant tools or programming languages you’re proficient in.
Showcase Your Analytical Skills:In your application, don’t just list your skills—show us how you've used them! Provide examples of how you've tackled complex problems and delivered insights that influenced decisions. We love seeing real-world applications!
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s straightforward and ensures your application goes directly to our recruitment team. Let’s get your journey started!
How to prepare for a job interview at Hastings Direct
✨Know Your Numbers
As a Senior Pricing Analyst, you’ll need to demonstrate your analytical prowess. Brush up on key pricing principles and be ready to discuss how you’ve used data to influence pricing strategies in the past. Prepare examples that showcase your ability to refine pricing accuracy and drive commercial outcomes.
✨Master the Tools of the Trade
Familiarise yourself with analytical tools and programming languages mentioned in the job description, like Python, SQL, or R. Be prepared to discuss specific projects where you’ve applied these skills, and consider bringing along a portfolio of your work to illustrate your capabilities.
✨Showcase Your Collaborative Spirit
This role involves working closely with various teams, so highlight your experience in cross-team collaboration. Think of examples where you’ve successfully influenced stakeholders or translated complex insights into actionable recommendations for non-technical colleagues.
✨Stay Ahead of Market Trends
Keep yourself updated on current market trends and regulatory changes that could impact pricing strategies. During the interview, share your thoughts on recent developments in the insurance sector and how they might affect pricing segmentation. This shows your proactive approach and genuine interest in the field.
