At a Glance
- Tasks: Develop analytical solutions to manage customer risk and drive data-led automation.
- Company: Join Hastings Direct, a leader in the financial services sector with a focus on inclusivity.
- Benefits: Enjoy flexible working, competitive salary, bonuses, and comprehensive wellbeing support.
- Other info: Dynamic team environment with opportunities for personal and professional growth.
- Why this job: Make a real impact on pricing strategies and customer outcomes using cutting-edge data assets.
- Qualifications: Experience in predictive modelling, strong coding skills in Python/R and SQL required.
The predicted salary is between 50000 - 60000 £ per year.
As a risk modeller within the Hastings lending business, you will be utilising cutting‑edge data assets and advanced modelling & analytical tools to shape and drive pricing & credit risk management strategies which improve business profitability and customer outcomes. You will be working closely with colleagues across the lending team to deliver data‑led solutions for strategic and tactical business opportunities and risks, and to gain competitive advantage in the marketplace. Your remit will be to continuously improve business profitability and customer outcomes, and you will do this by:
- Developing analytical and modelling solutions to identify and manage customer risk across our credit and pricing strategies.
- Driving data‑led automation across the credit lending journey.
- Maintaining a resilient portfolio risk mix to support long‑term growth.
- Building key performance indicators and customer segmentation monitoring, ensuring alignment with business trading targets and risk appetite thresholds.
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.
Qualifications:
- Experience undertaking predictive modelling, utilising model types such as GLM and GMB.
- Strong Python/R and SQL coding capability.
- Exceptional analytical and problem‑solving skills, with the ability to translate complex data into actionable insights.
- Good communication skills, with the ability to present solutions and results clearly to both technical and non‑technical audiences.
- Financial services product experience, particularly in a pricing and/or credit risk modelling capacity.
Benefits:
- Competitive salary.
- 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 – includes life assurance cover, income protection at no extra cost, and matched pension contributions up to 10%.
- Discounts, cashback, free independent mortgage advice and free access to financial wellbeing support.
- Mental wellbeing programme – thrive mental health app, colleague assistance programme available 24/7, in‑house mental health first aiders, support groups and a dedicated team.
- 25 days annual leave plus bank holidays, with the option to buy or sell one of your weeks.
- Health care cashback plans, dental plans, discounted health assessments, cycle‑to‑work and tech schemes, discounted and free onsite facilities, social events throughout the year.
Risk Modeller employer: Hastings Insurance Services Limited
At Hastings Direct, we pride ourselves on being an exceptional employer that fosters a collaborative and inclusive work culture. As a Risk Modeller, you will have access to cutting-edge tools and data assets, alongside opportunities for professional growth and development within the financial services sector. Our commitment to employee wellbeing is reflected in our flexible working arrangements, competitive benefits, and a supportive environment that encourages innovation and teamwork.
Contact Details:
Hastings Insurance Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Risk Modeller
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Hastings Insurance Services Limited looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Modeller
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Hastings Insurance Services Limited. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Hastings Insurance Services Limited
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Hastings Insurance Services Limited’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
