Senior Pricing Analyst - Market Pricing
Senior Pricing Analyst - Market Pricing

Senior Pricing Analyst - Market Pricing

City of London Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Analyse market data and develop pricing models to enhance performance.
  • Company: Join Hastings Direct, a leading digital insurance provider with a focus on innovation.
  • Benefits: Enjoy flexible working, competitive bonuses, and comprehensive wellbeing support.
  • Why this job: Make a real impact in the insurance industry while growing your skills in a dynamic environment.
  • Qualifications: Experience in general insurance and strong data analytics skills required.
  • Other info: Inclusive culture with excellent career development opportunities.

The predicted salary is between 36000 - 60000 £ per year.

Job Title: Senior Pricing Analyst

Location: Leicester / Bexhill / London / Hybrid

Welcome to Hastings Direct

We’re a digital insurance provider with a clear strategy to become the best and biggest player in the UK market. As a company, we’ve 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\’re 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.

The fact you’re now reading this job advert means we’ve tempted you to find out more about #lifeatHD. If you like what you see, we hope you\’ll consider joining our team.

We have high standards and understand some people may not apply for jobs unless they feel they tick every box. If you’re excited about joining us and think you have some of what we are looking for, even if you’re not 100% sure, we would love to hear from you.

Role

The senior analyst will support in the generation and assessment of leads for improving the performance of Hastings’ suite of market models, using traditional and latest pricing and modelling techniques. This role sits within the Market Pricing team, which is made up other data scientists, pricing practitioners and actuaries. The focus of Market Pricing is the development of accurate market models which used by the company’s wider pricing communities.

Accountabilities

  • Maintain a robust technical understanding of the market models built by Market Pricing.
  • Maintain strong knowledge and understanding of market trends.
  • Conduct analytical and ML analysis using market data, using or trialling existing toolkits where relevant.
  • Create and maintain analytical and ML tools to support, standardise and automate lead generation.
  • Identify ways for extracting value out of existing and new data.
  • Present insights and proposed solutions to stakeholders.

Essential

  • Experience in general insurance.
  • Strong data analytics skills with a track record of generating insight and commercial value.
  • Strong interest in emerging market trends.
  • Familiarity with at least two coding languages (e.g. SQL, R and Python) or demonstrable ability to quickly pick up these languages.
  • Experience in developing statistical models (traditional GLMs or ML).
  • Excellent communication and interpersonal skills.
  • Ability to work cross-functionally with Data Scientists, Data Engineers, Modellers and Pricing Practitioners.

Personal Attributes

  • Natural problem solver who loves building quality solutions to complex real-world challenges.
  • Ability to work independently to deliver solutions to a well-defined set of requirements.
  • Dynamic, flexible and delivery-focused work ethic required to adapt to a fast-paced environment

The interview process:

Our interview process involves the below:

  • Recruiter screening call
  • Intro with Hiring manager
  • Interview with hiring team – Case study

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).For more information on the DCS, please visit our inclusive business page on our careers website

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 wellbeing

– as well as providing you with 4x your salary with our life assurance cover, income protection at no extra cost, and matched pension contributions up to 10%, we are proud to provide you with an award-winning package which includes – discounts, cashback, free independent mortgage advice and free access to financial wellbeing support

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

There\’s more!

25 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’ll 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. 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. Our 4Cs principles are simple: we believe by creating the right culture for our colleagues and giving them the right tools to do their job, we’ll deliver good outcomes for every customer, helping us to grow the company profitably and sustainably and allowing us to invest in the communities we serve.

Hastings Group is an equal opportunities employer which means we treat people fairly. 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.

At Hastings Direct, we’re 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. Our recruitment team is here to provide the support you need to ensure a fair and accessible experience for all.

Job posting end date:

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Senior Pricing Analyst - Market Pricing employer: Hastings Direct

Hastings Direct is an exceptional employer that prioritises employee growth and well-being, offering a flexible hybrid working model and a competitive benefits package that includes financial and mental health support. With a strong focus on nurturing talent within a collaborative and innovative culture, employees are empowered to drive meaningful change while contributing to the company's mission of becoming a leading player in the UK insurance market.
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Contact Detail:

Hastings Direct Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pricing Analyst - Market Pricing

✨Tip Number 1

Get to know the company inside out! Research Hastings Direct, their culture, and recent projects. This will help you tailor your conversations during interviews and show that you're genuinely interested in being part of the team.

✨Tip Number 2

Practice your case study skills! Since the interview process includes a case study, brush up on your analytical and problem-solving techniques. Use real-world examples to demonstrate how you can add value to the Market Pricing team.

✨Tip Number 3

Network like a pro! Connect with current employees on LinkedIn or attend industry events. This can give you insider tips and might even lead to a referral, which can significantly boost your chances of landing the job.

✨Tip Number 4

Don’t hesitate to apply through our website! Even if you don’t tick every box, if you’re excited about the role, we want to hear from you. Your unique skills and experiences could be just what we’re looking for!

We think you need these skills to ace Senior Pricing Analyst - Market Pricing

Data Analytics
Statistical Modelling
Machine Learning
SQL
R
Python
Market Trend Analysis
Communication Skills
Interpersonal Skills
Problem-Solving Skills
Cross-Functional Collaboration
Technical Understanding of Market Models
Lead Generation Techniques
Adaptability
Independent Working

Some tips for your application 🫡

Show Your Passion: When writing your application, let your enthusiasm for the role shine through! We want to see why you're excited about joining Hastings Direct and how you can contribute to our mission.

Tailor Your CV: Make sure your CV is tailored to the Senior Pricing Analyst position. Highlight your experience in general insurance and data analytics, and don’t forget to mention any coding languages you’re familiar with. We love seeing relevant skills!

Be Clear and Concise: Keep your application clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate a well-structured application that gets straight to the good stuff!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the info you need about the process there!

How to prepare for a job interview at Hastings Direct

✨Know Your Numbers

As a Senior Pricing Analyst, you'll need to demonstrate your strong data analytics skills. Brush up on key metrics and trends in the insurance market, and be ready to discuss how you've used data to generate insights and commercial value in your previous roles.

✨Showcase Your Coding Skills

Familiarity with coding languages like SQL, R, or Python is essential. Prepare to discuss specific projects where you've applied these skills, and consider bringing examples of your work or even a mini-case study to showcase your analytical prowess.

✨Understand Market Trends

Stay updated on emerging market trends relevant to the insurance industry. Be prepared to share your thoughts on how these trends could impact pricing strategies and how you would approach adapting models to leverage these insights.

✨Communicate Effectively

Excellent communication is key in this role. Practice explaining complex analytical concepts in simple terms, as you'll need to present insights to stakeholders. Consider doing mock interviews with friends or colleagues to refine your delivery.

Senior Pricing Analyst - Market Pricing
Hastings Direct

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