Pricing Innovation and Modelling Specialist

6 days ago


StratforduponAvon, Warwickshire, United Kingdom NFU Mutual Full time
About the Role

This is an exciting opportunity to join the Pricing Development team at NFU Mutual, responsible for Demand Modelling and Pricing Innovation. The team offers a collaborative and inclusive environment where you can share common goals and a collective purpose of giving customers exactly what they want at a fair price.

You will bring your advanced modelling skills and ability to apply a range of pricing modelling techniques, ideally via writing code in R and using WTW Radar software. In this role, you will provide a lead in the development, implementation, and testing of general insurance demand and competitor models to ensure effective market understanding and to maintain market par capability.

This role gives the opportunity for both hands-on individual work and collaboration with others. You will benefit from early and increasing involvement in innovative projects, and with access to senior management and leadership teams, you will have ample scope and plenty of opportunity to make your mark.

The team is known for its focus on collaboration and support, helping you become the best you can be, while at the same time enjoying a breadth and depth of work that is hard to beat.

About You

Able to motivate and improve the performance of those around you, you are an accomplished Pricing Modelling specialist who is used to challenging yourself and others to achieve higher levels of quality and output to gain greater results. Ideally with general insurance background in either personal or commercial lines, as well as detailed and up to date knowledge of 'pricing best practice', you have:

  • Proven experience of working in a Pricing team, with personal accountability for the technical development of modelling
  • Direct involvement in building pricing models, including specific responsibility for the end-to-end design of the model build, whether GLMs/GBMs or Machine Learning methods
  • Expert product knowledge for the market sector you are operating in and a proven ability to conduct peer reviews.

At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees.

What We Offer

We offer a supportive culture where we empower and inspire our people to perform, offer them opportunities to grow, and recognise and reward their contribution. Our people are proud to work for a company that respects them and their communities, and they trust us to be financially sustainable, so we are successful now and in the future.

  • Salary £55,000 - £65,000 per annum depending on experience
  • Annual bonus (up to 17.5% of salary)
  • Contributory pension scheme, up to 20%, including your 8% contribution
  • 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme
  • A Family Friendly policy that helps you balance your work and family responsibilities
  • Access to savings at High Street brands, travel and supermarkets
  • £20 contribution to a monthly gym membership - subject to T&Cs
  • Health and wellbeing plan- cashback for dentist, opticians, physio and more
  • Access to voluntary benefits, including health assessments, private medical insurance and dental insurance
  • Employee Volunteering - volunteer in the community for one day each year
  • Unlimited access to Refer a Friend £500 bonus scheme
  • Life Assurance cover of 4 x salary
  • Employee discounts of 15% on a range of NFU Mutual insurance policies.


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