At a Glance
- Tasks: Lead pricing strategies and develop innovative solutions in a dynamic insurance environment.
- Company: Join Hastings Direct, a forward-thinking digital insurance provider.
- Benefits: Enjoy flexible working, competitive salary, and comprehensive wellbeing support.
- Why this job: Make a real impact on pricing strategies while growing your career in a supportive team.
- Qualifications: Experience in programming, data analysis, and strong communication skills required.
- Other info: Inclusive workplace with excellent career development opportunities.
The predicted salary is between 43200 - 72000 £ per year.
Join to apply for the Senior Pricing Manager ā Telematics role at Hastings Direct.
Overview
We\āre a digital insurance provider with ambitious plans to become the best and biggest in the UK market. We\āve made huge investments in our data and tech capabilities over the past few years, along with nurturing our 4Cs culture. We provide insurance for over four million customers and are looking for talented colleagues to help us grow.
Role Overview
The core of any insurance company is setting the correct price to cover expected claim costs. In this role you lead on that, developing pricing strategies with a high level of accountability, balancing customer value and commercial ambition.
Accountabilities
Ownership of Telematics Underwriting (UW) pricing strategies with responsibility for the net price delivered to the customer, ensuring a balance between customer and company value.
Handsāon development of our UW pricing models using various data sets and techniques to deliver the optimal pricing outcome.
Analyse large complex datasets to drive decisionāmaking that translates into commercial and customer value.
Build and deliver robust MI and BI reporting to track key metrics and support trading and business decisionāmaking, gaining approval with our panel on changes.
Ground all data and pricing decisions/practices in clear documented principles, managing and developing processes that reduce the likelihood of errors, always with the customer in mind.
Ensure the customer always receives a price that is fair, justifiable and in line with our governance and processes.
Develop new solutions (e.g., machine learning algorithms) to automate processes where they can add value and reduce manual intervention longāterm.
Desire to continue learning new modelling techniques and finding new data sources to stay ahead of competitors.
Essential Skills/Experience
Commercial awareness and an understanding of what makes a successful and profitable business.
Ability to interact effectively with a wide variety of individuals, both technical and nonātechnical.
Advanced programming language skill (R, Python, SQL, etc.).
Experience managing large datasets (storage, deāduplication, etc.).
Keen eye for detail.
Strong numerical and analytical skills.
Excellent communication skills and stakeholder management.
Ability to work under pressure and prioritise accordingly.
Strategic thinking about longāterm goals while balancing shortāterm objectives.
Desirable
Understanding of the insurance market.
Experience working with external partners.
Knowledge of financial services regulation, e.g., FCA and TCF guidelines.
Interview Process
Recruiter screening call.
Initial interview with hiring leader.
Second interview with Telematics leaders.
Benefits
Hastings offers a competitive salary, £5k car allowance and a range of benefits including:
Flexible hybrid working.
Competitive bonus scheme ā all colleagues are eligible for our annual 4Cs performance bonus.
Physical wellbeing support (private medical insurance, specialist access).
Financial wellbeing package (life assurance, income protection, matched pension contributions, free mortgage advice, etc.).
Mental wellbeing programme (thriving mental health app, CARE, mental health first aiders, support groups).
27 days annual leave + bank holidays, with the option to buy or sell a week.
Health care cashāback plans, dental plans, discounted health assessments, Cycle to Work and tech schemes.
Discounts and free onāsite facilities, social events throughout the year.
Equal Opportunity
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.
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Senior Pricing Manager - Telematics employer: Hastings Direct
Contact Detail:
Hastings Direct Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Senior Pricing Manager - Telematics
āØTip 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.
āØTip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out and show that you're genuinely interested in being part of the team.
āØTip Number 3
Practice your pitch! Be ready to explain how your skills and experiences make you the perfect fit for the Senior Pricing Manager role. Tailor your examples to highlight your analytical skills and commercial awareness.
āØTip Number 4
Donāt forget to apply through our website! Itās the best way to ensure your application gets seen. Plus, it shows youāre serious about joining Hastings Direct and being part of our exciting journey.
We think you need these skills to ace Senior Pricing Manager - Telematics
Some tips for your application š«”
Show Your Passion: When writing your application, let your enthusiasm for the role shine through! We want to see why you're excited about becoming a Senior Pricing Manager at Hastings Direct and how you can contribute to our team.
Tailor Your CV: Make sure your CV is tailored to the job description. Highlight your experience with pricing strategies, data analysis, and any relevant programming skills. We love seeing how your background aligns with what weāre looking for!
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 straightforward communication, especially when it comes to your skills and experiences.
Apply Through Our Website: Donāt forget to apply through our website! Itās the best way for us to receive your application and ensures youāre considered for the role. Plus, youāll find all the info you need about the position there!
How to prepare for a job interview at Hastings Direct
āØKnow Your Numbers
As a Senior Pricing Manager, you'll need to demonstrate your strong numerical and analytical skills. Brush up on key metrics related to pricing strategies and be ready to discuss how you would analyse large datasets to drive decision-making. Show them you can balance customer value with commercial ambitions.
āØMaster the Tech
Familiarise yourself with programming languages like R, Python, or SQL, as these are essential for developing pricing models. Be prepared to discuss your experience managing large datasets and how you've used technology to automate processes in previous roles. This will show your technical prowess and innovative thinking.
āØCommunicate Clearly
Excellent communication skills are crucial for this role. Practice explaining complex pricing concepts in simple terms, as you'll need to interact with both technical and non-technical stakeholders. Think of examples where you've successfully communicated your ideas and gained buy-in from others.
āØStay Ahead of the Game
Show your desire to keep learning by discussing new modelling techniques or data sources you've explored. Highlight any experience you have with machine learning algorithms or other innovative solutions that could add value to the pricing strategy. This will demonstrate your commitment to staying competitive in the market.