Pricing Manager

Job Title: Pricing Manager

Location: Hybrid/Onsite

Welcome to Hastings Direct – From our Group HR Director Pam Angel – Update dependant on business area

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 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 overview

Market 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 improvement

• Developing and implementing pricing strategies that respond to market trends and competitor actions

• Collaborating with cross-functional teams to ensure pricing strategies align with overall business objectives

• Keeping 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.

Desirable

• Insurance 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 call

• 1st stage interview with hiring leader

• 2nd interview with hiring leaders Panel format

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 Diversity, inclusion, equality and fairness with Hastings Direct | Hastings Direct Careers

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 ….