Technical Modelling Manager

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.  

As the Technical Modelling Manager, you will oversee projects and modelling exercises which deliver cutting-edge data assets and predictive models that feed into Hastings’ market-leading pricing activities.

We're looking a newly or nearly qualified Actuary, qualified by experience, or a Data Scientist with general insurance pricing experience.

You will have a good understanding of the general insurance principles to deliver claims cost models using both established traditional techniques, as well as making use of advanced ML techniques to maximise commercial value, while ensuring a fair outcome for customers.

Job Details  

• You will be the technical lead in projects that create and maintain analytical tools to support our technical models with serve as the foundation for our premium.
• Your team will develop best in-class models to predict claims outcomes, fraud and other KPIs
• Engineering powerful new rating factors to be deployed into our rating algorithms as well as understanding their impact and value
• You will identify, analyse and monetise new data sources
• Managing and mentoring more junior members of the Technical Pricing team

What we’re looking for

• Experience undertaking Predictive Modelling (using multiple model types such as GLM and GBM) in a general insurance pricing environment.
• Experience in the creation of those models in Python or R, and developing models using main Data Science libraries
• Keen interest in emerging ML techniques and the opportunities that these present for insurance companies
• You’re a natural problem solver, innovative, and curious to spot new opportunities and enjoy engaging senior stakeholders along the journey with a brilliant communication style

What we offer  

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.  

Regrettably we are unable to offer sponsorship for this role.

Salary – Attractive salary based on experience + £5k car allowance (pay reviews also completed each year) 

Flexible Working – We champion a flexible and hybrid working approach so please speak to your recruiter to discuss in more detail, including days in the office and at home.   

Competitive Bonus Scheme - All colleagues are eligible for our annual 4Cs performance bonus, which is usually paid in March. The scheme is based on Hastings’ performance against our business goals and your own personal performance. 

There's more! – 27 days annual leave + bank holidays, with the option to buy or sell one of your contracted 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 …. 

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 

We deliver good outcomes for our customers every time by providing great products at the right price with our simple and straightforward service. We treat customers like we want to be treated - fairly, respectfully and with their best interests at heart.

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, or throughout your journey with us at Hastings, 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.

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