Hastings Direct
Job title:
Pricing Manager
Company
Hastings Direct
Job description
Job Title: Pricing ManagerLocation: Hybrid/OnsiteWelcome to Hastings Direct – From our Group HR Director Pam Angel – Update dependant on business areaWe’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 data and tech capabilities over the past few years, along with nurturing our 4Cs culture. We’re proud of the journey we’re on as a company and know that our continued success will rely on the contribution of our talented colleagues.We provide insurance for over three million customers, but we know there’s even bigger opportunity out there. The fact you’re now reading this job advert means we’ve tempted you to find out more about #lifeatHD – we really hope you like what you see, and you’ll join us to share in the success of the exciting chapter that lies ahead.We 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’re looking for, even if you’re not 100% sure we would love to hear from you.Role overviewMarket Pricing is responsible for developing and delivering Hastings’ market pricing strategy, which drives commercial performance while ensuring fair customer outcomes. Our team is dedicated to maintaining a competitive edge by deeply understanding competitor behaviours and market dynamics. We leverage data to predict insurer activities, price changes, and market volatility at a granular level. By traditional analytics and advance data science techniques we anticipate pricing trends and inform long-term strategies. We are committed to continuously monitoring and understanding the frequency of price changes in the market. We complete tactical and deep-dive investigations as needed by business to ensuring our strategies are always ahead of the curve.Pricing Managers are key individuals in the team, each with responsibility for a specific area of pricing. They lead our pricing analysts and data scientists, managing the regular delivery of optimised market prices, pricing tests, and trading activity, as well as contributing to the development of our pricing approach.Job details:Completing deep dive investigations into competitor pricing, using that insight to anticipating their future strategies and inform and optimises Hastings’ pricing.Managing the development of our market models and regular insights reporting.Reviewing the data, analytical, and modelling outputs of your team to ensure our standards are met; rolling your sleeves up and diving into the code when needed.Conducting market analysis to benchmark our pricing strategies against competitors and identify opportunities for improvementDeveloping and implementing pricing strategies that respond to market trends and competitor actionsCollaborating with cross-functional teams to ensure pricing strategies align with overall business objectivesKeeping up to date with the latest thinking and developments in the business, the price comparison market, and the wider insurance industry; coming up with new ideas for test & learn, to inform and evolve our market pricing strategy.Fostering a culture of treating customers fairly, ensuring we follow internal governance processes and adhere to regulatory requirements.Managing and developing the team including Analysts and Data Scientists.Essential skills we would love you to have:Degree in a numerical discipline (e.g., mathematics, sciences, economics).Experience working in a pricing or commercially focused analytical role.SQL and experience working with large or complex datasets.R/Python/Matlab or coding statistical methods in other languages.Mentoring, training, or project-based management of junior colleagues.DesirableInsurance industry experience or actuarial qualification (not essential).Experience with Radar, Earnix, or other specialist pricing software.Familiarity with deploying code and models into production environments.Working in a regulated industry and familiarity with governance processes.The interview process:Our interview process involves the below:Recruiter screening call1st stage interview with hiring leader2nd interview with hiring leaders Panel formatAs 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 websiteBenefits: in addition to a competitive salary and £5k car allowance you will also receive…Flexible working – we champion a flexible hybrid working approach – please speak to your recruiter to discuss in more detailCompetitive bonus scheme – all colleagues are eligible for our annual 4Cs performance bonusPhysical wellbeing – as a Band 4 colleague, Hastings pay for you to receive private medical Insurance (also known as PMI). This gives you flexibility and convenience to see a specialist or consultant and allows you to decide when and where you will be seenFinancial 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 supportMental 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 needsThere’s more! – 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 ….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.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: 30/04/2025
Expected salary
Location
London
Job date
Sat, 05 Apr 2025 22:09:25 GMT
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