Loans Pricing Manager

Job Title: Pricing Manager – Loans

Location: Bexhill/Leicester/London/Remote – Hybrid

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

Your remit will include the following:

• 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).For more information on the DCS, please visit our inclusive business page on our careers website

Benefits: 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 detail

Competitive bonus scheme - all colleagues are eligible for our annual 4Cs performance bonus

Physical 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 seen

Financial 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 support

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 to make sure we are covering your needs

There'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.

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.

Job posting end date: