At a Glance
- Tasks: Develop and optimise pricing strategies for long-term profitability in a dynamic environment.
- Company: Join Hastings Direct, a leading digital insurance provider with a focus on innovation.
- Benefits: Enjoy flexible working, competitive salary, bonuses, and comprehensive wellbeing support.
- Other info: Be part of a diverse team that values curiosity and collaboration.
- Why this job: Make a real impact by driving meaningful change in pricing and analytics.
- Qualifications: Experience with price comparison websites and strong SQL coding skills required.
The predicted salary is between 60000 - 75000 £ per year.
Welcome to Hastings Direct. 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 provide insurance for over four million customers, but we know there’s even bigger opportunity out there - our Pricing, Data and Analytics community value curiosity, collaboration and constructive challenge. 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.
The Role: Working in the Credit Risk & Pricing team within the lending business, this is a hands-on role where you will be using multiple data sources and analytical tools to develop and optimise pricing & trading strategies for long term profitability.
Accountabilities:
- Develop and optimise pricing strategies to deliver financial trading plans
- Drive efficiencies and automation in pricing strategy execution
- Collaborate with modelling to identify new pricing factors that drive competitive advantage
- Meet customers’ reasonable expectations and provide fair outcomes
- Maintain MI which facilitates effective performance monitoring and optimisation
- Provide analysis and insights for Management Committee and Board
- Maintain regulatory compliance and reputational integrity
- Act as a Commercial SME within the business and broader Hastings Group
Skills Knowledge & Experience:
- Price comparison website experience essential, retail lending product knowledge desired
- Can handle vast and multiple data sources at speed
- Real rate risk-based pricing experience essential, using non-standard segmentation desired
- Strong SQL coding skills, other programming experience such as R or Python desirable
- Commercially aware, can optimise for short and long-term outcomes
- Communication skills can transcend levels within the business
- Analytically driven to continuously look for new insights and apply innovative thinking
- Works effectively on own as well part of and influencing the broader business
- Comfortable in a fast-paced environment, has agility to manage and adapt focus and priorities
- Seeks continuous improvement, both in terms of skills and outcomes
Interview Process:
- Recruiter screening call
- 1st Round – Intro call with Hiring manager
- 2nd Round – Case study round
What we will give you: 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. Not to mention plenty of recognition and rewards, and the scope to voice your ideas and put them into practice.
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).
Benefits: in addition to a competitive salary and £5k car allowance you will also receive…
- Flexible working – we champion a flexible hybrid working approach
- Competitive bonus scheme - all colleagues are eligible for our annual 4Cs performance bonus
- Physical wellbeing – Hastings pay for you to receive private medical Insurance (PMI)
- 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
- 27 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
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.
Loans Pricing Manager in Leicester employer: Hastings Insurance Services
Hastings Direct is an exceptional employer that prioritises a supportive and inclusive work culture, fostering growth through its 4Cs principles: colleagues, customers, company, and community. With flexible hybrid working options, competitive bonuses, and comprehensive wellbeing programmes, employees are empowered to thrive both personally and professionally while contributing to meaningful change in the insurance sector.
Contact Details:
Hastings Insurance Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Loans Pricing Manager in Leicester
✨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 think about how your skills can contribute to their goals. Practice common interview questions and be ready to showcase your analytical prowess.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a thank-you email expressing your appreciation for the opportunity. It shows your enthusiasm and keeps you fresh in their minds.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you a leg up. Plus, it’s super easy to keep track of your applications!
We think you need these skills to ace Loans Pricing Manager in Leicester
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Loans Pricing Manager role. Highlight your relevant experience with pricing strategies and data analytics, as this will show us you understand what we're looking for.
Showcase Your Skills:Don’t hold back on showcasing your SQL coding skills and any experience with programming languages like R or Python. We want to see how you can handle vast data sources and drive efficiencies in pricing strategies.
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read through your qualifications and experiences quickly.
Apply Through Our Website:We encourage you to apply directly through our website. This way, you’ll ensure your application gets to the right people and you can easily track your application status.
How to prepare for a job interview at Hastings Insurance Services
✨Know Your Numbers
As a Loans Pricing Manager, you'll be dealing with data and analytics all day long. Brush up on your SQL skills and be ready to discuss how you've used data to drive pricing strategies in the past. Be prepared to share specific examples of how your analytical insights have led to successful outcomes.
✨Understand the Market
Familiarise yourself with the current trends in the lending market and how they impact pricing strategies. Research Hastings Direct's competitors and think about what sets them apart. This will show that you're not just interested in the role but also in the company's position within the industry.
✨Prepare for the Case Study
The second round involves a case study, so practice analysing data sets and presenting your findings clearly. Think about how you would approach developing a pricing strategy based on hypothetical scenarios. This is your chance to showcase your problem-solving skills and innovative thinking.
✨Embrace the 4Cs Culture
Hastings Direct values curiosity, collaboration, and constructive challenge. During your interview, demonstrate how you embody these principles. Share experiences where you've worked effectively in a team, challenged the status quo, or brought new ideas to the table. This will resonate well with their company culture.
