Job Title
Risk Pricing Manager – Multicar & Multi Product
Location
Bexhill/Leicester/London/– Hybrid
Role Purpose
This role is responsible for delivering profitable growth through the development and optimisation of risk pricing strategies, with a particular focus on multicar and multiple product households. You will play a key role in shaping pricing approaches that grow the multicar portfolio and increase product holdings within multiple product households, supporting stronger customer relationships, improved loyalty, and better claims outcomes.
Key Responsibilities
- Deliver profit and growth targets through effective development and optimisation of risk pricing models
- Manage and enhance multicar pricing, including oversight of net rate performance and strategic positioning
- Identify and deliver opportunities to grow the multicar book and increase product density across multiple product households
- Develop new insights through the integration of data, analytical techniques, and ways of working
- Continuously improve pricing models to expand competitive reach and address underperforming segments
- Lead and contribute to risk pricing projects that deliver value across the business
- Develop and enhance pricing tools, methodologies, and best practices
- Collaborate with cross‑functional teams (e.g., underwriting, claims, marketing, data science) to align pricing with wider business strategy
- Support and develop team members through coaching, mentoring, and constructive peer review
- Communicate insights, recommendations, and performance clearly to a range of stakeholders
- Customer & Conduct Responsibilities: Ensure customer outcomes are at the heart of pricing decisions, delivering fair and reasonable outcomes
- Actively question and challenge where processes, approaches, or decisions may not meet customer expectations
- Support a culture of accountability, transparency, and good customer conduct
- Complete all required regulatory and company training in line with FCA requirements
Skills & Capabilities
We encourage applications from individuals with a range of backgrounds and experiences. If this role interests you but you don’t meet every requirement, we’d still like to hear from you.
Key Skills
- Experience in pricing, analytics, or a related role within financial services or a similar data‑driven environment
- Understanding of underwriting principles and risk‑based decision making
Desirable
- Experience in personal lines insurance pricing, particularly motor or multicar portfolios
- Awareness of dynamics within multiple product households and cross‑product customer behaviour
- Understanding of the UK insurance market and competitive landscape
Interview Process
- Recruiter screening call
- 1st Round – Intro call with Hiring manager
- 2nd Round – Case study round
Benefits
- Competitive salary and £5k car allowance
- Flexible hybrid working approach
- Annual 4Cs performance bonus scheme
- Physical wellbeing: private medical insurance (PMI) for Band 4 colleagues
- Financial wellbeing: 4x salary life assurance cover, income protection at no extra cost, matched pension contributions up to 10%, access to financial wellbeing support and independent mortgage advice
- Mental wellbeing: thrive mental health app, 24/7 colleague assistance programme, in‑house mental health first aiders, support groups and dedicated team
- Annual leave: 27 days + bank holidays, with option to buy or sell a week
- Additional perks: health care cashback plans, dental plans, discounted health assessments, cycle to work scheme, tech scheme, discounted and free onsite facilities, social events throughout the year
Equality, Diversity and Inclusion
Hastings Group is an equal opportunities employer. We welcome applications from all suitably skilled persons regardless of gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. We also welcome applications from the Disability Confident Scheme (DCS). All candidates will be provided with a thorough referencing process, which includes credit and criminal record checks.
Support and Adjustments
We are 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.
