At a Glance
- Tasks: Lead pricing projects, develop algorithms, and mentor a dynamic team.
- Company: Join Hastings Direct, a forward-thinking digital insurance provider.
- Benefits: Enjoy flexible working, competitive salary, and comprehensive wellbeing support.
- Other info: Inclusive culture focused on collaboration and continuous improvement.
- Why this job: Make a real impact in pricing strategy while growing your career.
- Qualifications: Advanced Python and SQL skills, with experience in Agile environments.
The predicted salary is between 27776 - 30354 £ 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.
Role overview: Underwriting Delivery and Change are looking for a Senior Pricing Engineer who will not only contribute through their technical expertise but also play a crucial role in team development and strategic planning for rating change deliveries. The ideal candidate will be a leader, a communicator, and an innovator, committed to driving the team and the company’s pricing capabilities forward.
Role purpose: As a Senior Developer, the primary focus is managing business as usual and strategic pricing implementation projects. They will collaborate with cross-functional teams, leveraging advanced Python skills for complex implementations and projects. Their role involves gathering requirements, designing optimized solutions, and developing and maintaining pricing algorithms. Alongside, you will guide and mentor pricing engineers, emphasising the need for curiosity and innovation to drive continuous improvement.
- Collaborate with cross-functional teams to gather requirements and understand the pricing needs of the business.
- Manage strategic pricing implementation and projects to support rating engine development.
- Design and propose optimized solutions for pricing implementations to enhance performance and efficiency.
- Develop and maintain pricing algorithms using advanced coding skills in Python to meet the strategic goals of the company and manage complex implementations.
- Manage and conduct thorough testing of pricing changes before deployment, identifying errors, and ensuring accuracy and effectiveness of implementation.
- Manage pre-release activities, including code reviews, testing and recast analysis to ensure accurate implementation of pricing changes.
- Provide stakeholders with data-driven insights to facilitate better decision-making, refine implementation, and assist with release approval.
- Develop comprehensive documentation for implementations, strategies, and data pipelines while ensuring their security.
- Prepare and deliver progress updates on implementations and propose process improvements to enhance efficiency and pace.
- Guide and mentor pricing engineers, offering expertise in Python coding, SQL database management, and providing technical support and training on pricing implementation and coding best practices.
- Actively engage in recruiting top talent, providing support and guidance, and foster an environment where team members flourish and achieve their maximum potential.
Skills, Knowledge and Expertise:
- Advanced proficiency in Python and SQL for developing and testing methodologies.
- Experience with Polaris PW rating engine tools and data visualization techniques.
- Experience working in an Agile environment utilising methodologies such as; Scrum/Kanban/BDD/TDD/Extreme Programming.
- Experience in managing complex projects and managing team.
- Demonstrated ability to communicate effectively with stakeholders at all levels.
- Strong track record of problem-solving and strategic thinking.
- Proven ability to influence team dynamics and drive skill development.
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, and support groups.
- 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.
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.
Senior Pricing Engineer in London employer: Hastings Insurance Services
Hastings Direct is an exceptional employer, offering a dynamic work culture that prioritises flexibility and employee wellbeing. With a strong commitment to professional development and a comprehensive benefits package, including private medical insurance and a competitive bonus scheme, we empower our colleagues to thrive both personally and professionally. Join us in Bexhill, London or Leicester, and be part of a forward-thinking team dedicated to making a meaningful impact in the insurance industry.
Contact Details:
Hastings Insurance Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Pricing Engineer in London
✨Tap into Campus Networks
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We think you need these skills to ace Senior Pricing Engineer in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Hastings Insurance Services.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Hastings Insurance Services's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Hastings Insurance Services
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Hastings Insurance Services.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
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✨Network with Industry Professionals
Before your interview, reach out to current or former Hastings Insurance Services employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
