Risk Pricing Specialist

1 week ago


StratforduponAvon, Warwickshire, United Kingdom NFU Mutual Full time

Risk Pricing Specialist

NFU Mutual is seeking a skilled Risk Pricing Specialist to join our Pricing Department. As a key member of our team, you will play a crucial role in shaping our pricing strategy and ensuring fair and accurate customer pricing.

About the Role

As a Risk Pricing Specialist, you will be responsible for developing and managing risk prices for Personal Motor products. This will involve optimizing premium strength while understanding cost inflation drivers. You will also collaborate with various stakeholders to lead pricing activities such as large-scale price builds, claims projections, and assessing product changes.

Key Responsibilities

  • Develop and manage risk prices for Personal Motor products
  • Optimize premium strength while understanding cost inflation drivers
  • Collaborate with stakeholders to lead pricing activities
  • Manage a small team and contribute to the team's ways of working

About You

We are looking for an experienced insurance pricing professional with a background in Personal Motor products. Strong technical pricing skills and knowledge of the UK general insurance market are essential. Ideal candidates will have experience in Risk Pricing, Reserving, or Capital Modeling.

You should demonstrate skills in claims inflation prediction, pricing assumptions monitoring, data analysis, stakeholder management, and project management. Your ability to simplify complexity for others will be valuable.

Benefits and Rewards

NFU Mutual offers a competitive salary, annual bonus, contributory pension scheme, annual leave, and various benefits such as gym memberships, health and wellbeing plans, and employee discounts. We value diversity and inclusion and support an inclusive workplace.

Working at NFU Mutual

NFU Mutual is a leading general insurance and financial services company with a focus on customer satisfaction. We offer a supportive culture, opportunities for growth, and recognition for your contributions. Our commitment to our employees and communities sets us apart as an exceptional workplace.



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