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Hastings Direct

Underwrites car, home, and vehicle insurance

Senior Pricing Analyst - Risk Pricing, Retail Pricing and Telematics

Actuarial & Risk ModellingConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • Strong analytical skills with experience in pricing, modelling, or quantitative analysis.
  • Good understanding of general insurance pricing principles, including segmentation and performance monitoring.
  • Proficiency in analytical tools or programming languages such as Python, SQL, R, or SAS.
  • Ability to break down complex problems and present insights clearly and concisely.
  • Strong stakeholder management and the ability to influence through evidence-based insight.

Responsibilities

  • Design and enhance pricing segmentation to improve loss ratio and trading performance.
  • Deliver robust monitoring frameworks to track portfolio health and pricing effectiveness.
  • Identify optimisation opportunities and drive continuous improvement.
  • Partner with underwriting, commercial, and data teams to influence strategic decisions.
  • Contribute to the evolution of the pricing capability.
  • Develop, refine, and maintain segmented pricing approaches across products and customer groups.
  • Analyse performance at segment level to identify pricing opportunities, emerging risks, and areas for optimisation.
  • Create and apply pricing adjustments or overlays where needed to improve accuracy and competitiveness.
  • Keep up to date with market, customer, and regulatory trends that may affect pricing strategy.
  • Identify new opportunities to enhance pricing segmentation or improve commercial outcomes.
  • Support testing and experimentation aimed at improving segmentation effectiveness.
  • Advise stakeholders on the most effective use of segmentation and pricing tools.
  • Work closely with colleagues across Pricing, Underwriting, and Product teams to ensure initiatives align with strategy and regulatory expectations.
  • Translate analytical findings into clear, actionable recommendations for non-technical colleagues.

About the Company

Hastings Direct

Underwrites car, home, and vehicle insurance

Hastings Direct provides general insurance in the UK, mainly car insurance, and also offers policies for vans, bikes, and homes. It sells directly to customers and through multiple channels, including price comparison websites and its own site (hastingsdirect.com) as well as a contact centre, to reach a wide audience. The productworks by underwriting policies and pricing risk using data analytics, while handling claims and offering ancillary products to generate revenue. The company differentiates itself with a direct-to-consumer, multi-channel distribution approach that blends online, comparison sites, and support channels, alongside data-driven pricing and underwriting. Its goal is to grow its share of the UK general insurance market by efficiently pricing risk, effectively managing claims, and maintaining a competitive expense ratio.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Bexhill-on-Sea, United Kingdom
Founded
1997

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